Section 4.5 Employee definition
Examples of Section 4.5 Employee in a sentence
Upon any termination of Employee’s employment under this Agreement pursuant to this Section 4.5, Employee shall be entitled to compensation and/or benefits in accordance with, and subject to, the provisions of Section 5.5 hereof.
The termination date under this Section 4.5 shall be the date specified by Employer, but in no event more than ninety (90) days after Employer’s receipt of notice from Employee as contemplated by this Section 4.5. Upon any termination of Employee’s employment under this Agreement pursuant to this Section 4.5, Employee shall be entitled to the Accrued Obligations.
Until six (6) months after the period set forth in Section 4.5, Employee will notify Employer in writing of any change in his address and of each new job or other business activity in which he plans to engage, at least thirty (30) days prior to beginning such job or activity.
Upon any termination of this Agreement pursuant to this Section 4.5, Employee shall be entitled to compensation and/or benefits in accordance with, and subject to, the provisions of Section 5.5 hereof.
Section 4.1 Permits; Consents 29 Section 4.2 Licensed Names and Marks 29 Section 4.3 Intellectual Property Recordation 31 Section 4.4 Transition Services Agreement 31 Section 4.5 Employee Matters 31 Section 4.6 Release of Liens 36 Section 4.7 No Solicit; No Hire 36 Section 4.8 Insurance Matters 37 Section 4.9 Shared IP.
Until three months after the period set forth in Section 4.5, Employee will notify Employer in writing of any change in his address and of each new job or other business activity in which he plans to engage, at least 30 days prior to beginning such job or activity.
In addition, as a condition of receiving any such payments, or any payments under Section 4.5, Employee will be required to sign a standard release agreement in which he releases all claims which he might have against Innovex or any affiliate, employee, shareholder, director, officer or agent of Innovex (along with other standard releasees affiliated with Innovex).
Section 4.5 Employee will be eligible to receive reimbursement of $10,000 for relocation.
In the event of termination of Employee’s employment by Employee by reason of non-renewal of the Agreement Term pursuant to Sections 1 and 4.1, the Company for Cause pursuant to Section 4.2, by reason of Employee’s death or disability pursuant to Section 4.4, or by Employee without Good Reason pursuant to Section 4.5, Employee shall not receive any compensation or benefits other than as expressly stated in this Section 5.1 and as otherwise required by law.
Upon termination under this Section 4.5, Employee shall be entitled to receive the Termination Payment within thirty (30) days of such termination and the Severance Payment.