Employment Term definition
Examples of Employment Term in a sentence
For each fiscal year of the Employment Term, the Executive shall be eligible to receive performance-based equity compensation in the form of the Class B ordinary share of the Company (the “Incentive Shares”), pursuant to the following milestones.
The Employment Term and the Executive’s employment hereunder may be terminated by the Executive for Good Reason or by the Company without Cause or on account of the Company’s failure to renew the Agreement in accordance with section 1.
The Executive understands and acknowledges that during the Employment Term, the Executive will have access to and learn about Confidential Information, as defined below.
For each fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the “Annual Bonus”).
Any termination of the Executive’s employment hereunder by the Company or by the Executive during the Employment Term (other than termination pursuant to section 4.3(a) on account of the Executive’s death) shall be communicated by written notice of termination (“Notice of Termination”) to the other party hereto in accordance with section 15.