First Employment Period definition

First Employment Period means the period beginning on the Effective Date and ending on the third anniversary of the Effective Date.
First Employment Period means the period beginning on the Effective Date and ending on the earlier of (i) the Board's acceptance of the Executive's resignation as Chairman, Chief Executive Officer, and director in accordance with Paragraph 3 or (ii) the fifth anniversary of the Effective Date.
First Employment Period means the period commencing on the date of this Agreement and ending on the first to occur of the following: (i) the date of termination of the Executive's employment pursuant to the terms of Article I of this Agreement; (ii) a Change in Control of the Company; or (iii) on the first anniversary of the date of this Agreement; provided, however, that the First Employment Period and the provisions of this Agreement relating thereto shall automatically renew for one additional year on the first anniversary of the date of this Agreement and on each anniversary thereafter, unless (a) a Change in Control of the Company has occurred; (b) the date of termination of the Executive's employment pursuant to the terms of Article I of this Agreement has occurred; or (c) at least ninety (90) days prior to such applicable annual anniversary of the date of this Agreement, the Executive shall have delivered to the Company, or the Company shall have delivered to the Executive, written notice that the First Employment Period will not be extended.

Examples of First Employment Period in a sentence

  • During the First Employment Period, the Executive's position and duties shall be those set out in this Paragraph.

  • If the Board accepts the Executive's resignation, the First Employment Period shall end.

  • During the First Employment Period, the Executive shall serve as the Company's Chief Executive Officer and Board Chairman with general responsibility for and control of the Company's business and affairs, all in accordance with the provisions of this paragraph.

  • Figure 4 shows that almost all of its export basket is made up of less complex products, and has remained so for decades.

  • Gene Bartow, one of the most respected and experienced figures in intercollegiate athletics, joined the San Diego State administration in June of 2003 to serve as the interim athletics director.

  • The ConvNet scaling tests yielded four distinct model types each with unique characteristics.

  • If Executive's employment is terminated by Company pursuant to a Forced Termination during the First Employment Period, or if Executive voluntarily terminates employment during the First Employment Period, the Company shall pay Executive the Annual Salary through the date of termination to the extent not yet paid, and Company shall have no further obligations under this Agreement.

  • The Executive's employment and the First Employment Period shall terminate automatically upon the Executive's death during the First Employment Period.

  • Introduces the complex issue of providing accessibility at historic properties, and underscores the need to balance accessibility and historic preservation.

  • During the First Employment Period, the Executive shall serve as the Company's President and Chief Operating Officer in accordance with the provisions of this Paragraph.


More Definitions of First Employment Period

First Employment Period means the period beginning on the Effective Date and ending on July 31, 2000.

Related to First Employment Period

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Employment Period has the meaning set forth in Section 2.01.

  • Employment Date means the first date as of which an Employee is credited with an Hour of Service, provided that, in the case of a Break in Service, the Employment Date shall be the first date thereafter as of which an Employee is credited with an Hour of Service.

  • Period of Employment shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

  • Year of Employment means a period of service of 12 months.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Date of Employment means: (i) in the case of an Employee whose employment commenced between the 1st and 15th days inclusive of any month, the 1st day of that calendar month; or (ii) in the case of an Employee whose employment commenced between the 16th and last days inclusive of any month, the 1st day of the following calendar month.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Employment Term has the meaning specified in Section 2.

  • Severance Term means the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Term of Employment means the period specified in Section 2 below.

  • 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.

  • Agreement Termination Date is defined in Section 7.4.

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Active Employment means you must be actively at work for the Sponsor:

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;