Employment Term definition

Employment Term has the meaning specified in Section 2.

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Employment Term has the meaning accorded such term in Section 1.02.

Employment Term means the period from the Effective Date until the expiration of the Initial Term and any applicable Renewal Period pursuant to this Section 1 or in accordance with Section 4 of this Agreement.

Examples of Employment Term in a sentence

• CAFSO will render services exclusively to the Company during the Employment Term, except that CAFSO may engage in other material business activity if such service is approved in writing by the CEO.

• In the event the Company elects, in its sole and absolute discretion, to amend, modify, replace and/or revise the Existing Clawback Policy at any time during the Employment Term, CAFSO agrees to execute and deliver to the Company an acknowledgement and agreement confirming CAFSO’s compliance with such revised clawback policy.

• Once increased, Base Salary may not be decreased during the Employment Term except for decreases that are applied generally to other executives or members of the leadership team of the Company, in an amount no greater than ten percent (10%).

• Except when approved in advance by the Company, and except during vacation periods and reasonable periods of absence due to sickness, personal injury or other disability, CAFSO will devote CAFSO’s full-time attention throughout CAFSO’s Employment Term to CAFSO’s services as the Chief Accounting and Financial Services Officer.

• During the Employment Term, CAFSO will be eligible to participate in the Company’s then-current Deferred Compensation Plan, subject to the terms of such plan, as those terms may be amended from time to time by the Company in its sole discretion (including terms related to any applicable Company matching program relating to the same).

More Definitions of Employment Term

Employment Term means the period of time during which Executive is employed by Employer under this Agreement.

Employment Term means the Initial Employment Term and any Renewal Term.

Employment Term refers to the entire period of employment of Employee by Employer, whether for the periods provided above, or whether terminated earlier as hereinafter provided or extended by mutual agreement between Employer and Employee.

Employment Term means the period specified in Section 2(b) below.

Employment Term means the period beginning on the Effective Date and ending on the close of business on the effective date of the Executive's termination of employment with the Company.

Employment Term refers to Executive’s period of employment from the Effective Date until the date his employment terminates.

Employment Term has the meaning set forth in Section 2(d)(i) of this Agreement.