Continuing Contractor definition
Examples of Continuing Contractor in a sentence
The independent contractors of the Company referred to in the preceding sentence shall be hereinafter referred to as the “Continuing Contractors.” Notwithstanding anything in this Agreement to the contrary, no Continuing Contractor, and no other independent contractor of the Company, shall be deemed to be a third party beneficiary of this Agreement.
In the event that Employer is unable by means of commercially reasonable efforts, to obtain any such permits, visas, export licenses, approvals or exemptions with respect to a Continuing Employee or Continuing Contractor, APC or Employer shall have the right, subject to applicable Law, to terminate the employment or engagement of such Continuing Employee or Continuing Contractor.
Notwithstanding anything to the contrary herein, as soon as reasonably practicable following the Closing, Acquirer shall grant to the applicable Continuing Employee or Continuing Contractor the Acquirer RSUs issuable pursuant to Section 1.3(a)(ii)(B), the Acquirer RSUs to be granted to each Company Option Promisee in lieu of Promised Company Options pursuant to Promised Option Releases and the number of Acquirer RSUs to be granted pursuant to the Company Excluded Optionholder Grants.
Each Unvested Company Option held by a Continuing Employee or a Continuing Contractor (other than a Continuing Employee or Continuing Contractor providing services to the Company in Japan or the Netherlands) that is unexpired, unexercised and outstanding immediately prior to the Effective Time shall be terminated and cancelled at the Effective Time.