Employment Year definition

Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

Employment Year means each twelve-month period during the Term commencing on September 10th, and ending on September 9th, of the following year. In the event the parties decide to extend this Agreement for an additional three year Term, any extension agreed upon must be done so in writing and executed by the Company and Employee no later than 5 p.m. Eastern Standard Time on September 9th, 2015.

Employment Year means each twelve-month period commencing on January 1st of each applicable year, or part thereof, as the case may be, during which Executive was or is employed by the Company pursuant to this Agreement or prior to this Agreement.

Examples of Employment Year in a sentence

• An Employment Year is the 12 consecutive month period measured from the Employee's Employment Commencement Date and each successive 12 consecutive month period measured from each anniversary of that Employment Commencement Date.

• The Basic Salary shall be prorated for the month in which employment by the Company or a Subsidiary commences or terminates, and for any Employment Year which is less than twelve (12) months in duration.

• Employee shall be entitled to a period of annual vacation time equal to four (4) weeks during each Employment Year, to accrue pro rata during the course of the Employment Term.

• An "Employment Year" begins each May 15 and ends on the following May 15.

• The Executive shall be eligible to receive, in the discretion of the Board and the Board’s Compensation Committee, a target annual incentive bonus of 100% of Base Salary for such Employment Year (the “Incentive Bonus”) if the Company and Executive achieve goals and objectives established by the Board for such Employment Year.

More Definitions of Employment Year

Employment Year means the 12-month period beginning with the Initial Date and each 12-month period beginning on the annual anniversary of such Initial Date thereafter.

Employment Year means a calendar year ended December 31.

Employment Year means a period which commences on the first date of employment or any anniversary of such date and ends one year from such date.

Employment Year means any twelve (12) month period during the Term of this Agreement beginning on the Effective Date or on any anniversary thereof.

Employment Year means a one-year period of Employee's employment hereunder commencing on each January 1 during the Employment Period, provided that the first Employment Year shall be the period commencing on January 1, 1998 and ending on December 31, 1998.

Employment Year means the period beginning on January 1, 2003 and ending on December 31, 2003, and each consecutive calendar year;

Employment Year means each full consecutive twelve (12)-month period that the Executive is employed by the Corporation after the date of this Agreement.