Examples of Original Offer Letter in a sentence
This Letter Agreement supersedes and replaces any prior agreements (including, without limitation, the Original Offer Letter), representations or understandings (whether written, oral, implied or otherwise) between you and the Company and constitutes the complete agreement between you and the Company regarding the subject matter set forth herein.
This Letter Agreement is your formal offer of employment and supersedes any and all prior or contemporaneous agreements (including, but not limited to, the Original Offer Letter), discussions and understandings, whether written or oral, relating to the subject matter of this Letter Agreement; provided, however, and for the avoidance of doubt, nothing herein shall be deemed to supersede the Restrictive Covenant Agreement, which remains in full force and effect.
The provisions of the Original Offer Letter shall continue to apply as to any matters not expressly covered by this Agreement.
The Original Offer Letter contemplated two possible types of terminations: with cause and without cause.
The Committee again did not receive any materials that illustrated the complex interrelationships among the various compensation components or the amount of compensation they generate in particular scenarios.The Committee approved the Original Offer Letter and gave Mayer authority to continue negotiating with de Castro.
The Original Offer Letter defined ―Cause‖ as follows:[T]ermination of your employment with the Company based upon the occurrence of one or more of the following .
In addition, the Original Offer Letter contemplated that de Castro would receive three different types of equity compensation (collectively, the ―Equity Awards‖).
As of the Effective Date, this Letter Agreement supersedes all prior understandings, whether written or oral, relating to the terms of your employment, including without limitation the Original Offer Letter.
The Committee authorized Webb to approve any non-material changes to the Original Offer Letter.
The Committee retained control over any ―material changes,‖ specifying that they would be ―subject to approval by the full Committee.‖ Id. at 3.The Original Offer Letter contemplated that de Castro would receive the following forms of cash compensation: Base salary of $600,000. Annual bonus with a target value equal to 90% of base salary. Signing bonus of $1 million.Id. at 1-2.