Examples of Employment in a sentence
During the Employment Period, Executive will be eligible to participate in the Company’s Annual Incentive Plan (AIP), as such plan may be amended from time to time; provided, however, that participation in the AIP is not a guarantee that a bonus award will be paid.
For each fiscal year of the Employment Period, Executive will be considered for an annual incentive bonus (the “Annual Incentive”) at the current annual target bonus opportunity equal to the current percentage of the Executive’s then current Base Salary.
The Employment Agreement, as amended by this Amendment, remains and continues in full force and effect, constitutes legal, valid, and binding obligations of each of the parties, and is in all respects agreed to, ratified, and confirmed.
During the Employment Period, unless otherwise agreed to by the Chief Executive Officer, Executive’s principal place of employment shall be remotely located in the Eastern Standard time zone.
During the Employment Period, Executive shall be eligible to participate in the Company’s 2020 Omnibus Equity Incentive Plan or any successor plan, subject to the terms, conditions and vesting provisions of the 2020 Omnibus Equity Incentive Plan and any applicable award agreement as and to the extent determined by the Compensation Committee or the Board in its sole and absolute discretion.