Company Employment Agreement definition

Company Employment Agreement means a contract, offer letter or agreement of the Company or any of its Subsidiaries with or addressed to any individual who is rendering or has rendered services thereto as an employee or consultant pursuant to which the Company or any of its Subsidiaries has any actual or contingent liability or obligation to provide compensation and/or benefits in consideration for past, present or future services.

Company Employment Agreement means any (a) contract, (b) offer letter, (c) agreement or (d) arrangement of the Company or any Company Subsidiary with or addressed to any individual who is rendering or has rendered services thereto as an employee, independent contractor or consultant pursuant to which the Company or any Company Subsidiary has any actual or contingent liability or obligation to provide compensation and/or benefits in consideration for past, present or future services.

Company Employment Agreement has the meaning set forth in Section 4.13(b).

Examples of Company Employment Agreement in a sentence

• Payments pursuant to this Agreement and a Company Employment Agreement, if any, shall be allocated in proportion to the level of activity and the time expended on such activities by Executive as determined by the Company and the Bank on a quarterly basis.

• Notwithstanding the foregoing, in the case of any Employee who has in effect an employment agreement with the Company ("Employment Agreement"), no termination following a Change in Control shall be treated as for Cause (x) for purposes of this Agreement unless it would also be treated as for Cause under such Employment Agreement, or (y) for purposes of such Employment Agreement unless it would also be treated as for Cause under this Agreement.

• Notwithstanding anything to the contrary, nothing herein shall be deemed to restrict the right of Parent or the Surviving Entity to terminate the employment of any such Continuing Employee for Cause (as defined in such Continuing Employee’s Company Employment Agreement, or, to the extent such Continuing Employee is not party to a Company Employment Agreement, as defined in the Company’s Change in Control Severance Plan, effective January 1, 2021 (the “CIC Severance Plan”)).

• Notwithstanding any provision herein to the contrary, to the extent that payments and benefits, as provided by this Agreement, are paid to or received by the Executive under the Company Employment Agreement, such compensation payments and benefits paid by the Company will be subtracted from any amount due simultaneously to the Executive under similar provisions of this Agreement.

• For the avoidance of doubt, a Continuing Employee who is not a party to a Company Employment Agreement and voluntary leaves employment at any time after the Effective Date (other than as a result of a failure of the Surviving Company to comply with the first sentence of this Section 6.6(d)), or is terminated by the Company for Cause (as defined in the CIC Severance Plan) will not be entitled to any severance payments or benefits.

More Definitions of Company Employment Agreement

Company Employment Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, contract or understanding between either Company and any Employee;

Company Employment Agreement means each employment, severance, ---------------------------- consulting, relocation, repatriation, expatriation, visas, work permit or other agreement or contract relating to provisions of services between the Company or any Company Affiliate (as defined in Section 3.13 hereof) and any Employee other ------------ than the Company's standard offer letter, proprietary information and invention assignment agreement in the form furnished or made available to Parent.

Company Employment Agreement has the meaning specified in Section 5.18(e).

Company Employment Agreement shall have the meaning given to such term in Section 3.17(a)(iii).

Company Employment Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation or similar agreement between any Acquired Company and any employee, consultant or independent contractor. Notwithstanding the foregoing, “Employment Agreement” shall not include any obligation incurred in the Ordinary Course to reimburse employee expenses or any agreement that by its terms may be terminated upon sixty (60) days notice or less and without cost to the Acquired Company or the Purchaser in excess of $[dollar amount].

Company Employment Agreement means that certain employment agreement by and between the Company and each of Xxxx, Xxxxxxx and Xxxxxxxx, the form of which is attached to this Agreement as Exhibit C.

Company Employment Agreement shall have the meaning set forth in Section 2.18.