Examples of Employing Entity in a sentence
Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or by the Board of Directors of the Employing Entity or based upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by you in good faith and in the best interest of the Company.
Notwithstanding any option agreement, upon the occurrence of a Change in Control of Encore, all outstanding stock options granted to you pursuant to any stock option plans of Encore or your Employing Entity shall become 100% vested and immediately exercisable.
The Employing Entity shall reimburse the Employee for such expenses upon presentation of an itemized account and appropriate supporting documentation, all in accordance with generally applicable policies.
Such salary shall be payable in accordance with the standard payroll procedures of the Employing Entity.
At the end of the period of coverage, you shall have the option to have assigned to you, at no cost and with no apportionment of prepaid premiums, any assignable insurance policy owned by Encore or the Employing Entity and relating specifically to you.