Examples of Prior Agreement in a sentence
This Agreement is a special, individual agreement, contains the entire agreement of the parties with respect to the subject matters addressed herein, and as of the Effective Date, supersedes and replaces in its entirety the Prior Agreement.
Employee agrees that in lieu of any compensation and benefits (including any rights to termination pay, equity grants, accelerated vesting and bonuses) payable under the Prior Agreement from and after the Effective Date until his later termination of employment with the Novocure Group for any reason, he agrees that he is only entitled to the compensation set forth in this Agreement.
The Employee shall not be eligible to receive or participate in any discretionary annual cash bonus program sponsored by the Company or Parent; provided, however, that Employee shall be entitled to receive his Target Bonus (as defined in the Prior Agreement) with respect to 2024 and payable in 2025, if and as determined by the Board.
Notwithstanding the foregoing, Employee acknowledges that any awards granted under a Plan that are conditioned upon his continued employment under the terms of the Prior Agreement are forfeited.