Examples of Seller Employment Agreement in a sentence
The Seller shall have entered into the Seller Employment Agreement.
The Buyer shall have entered into an employment agreement with the Seller in the form attached as Exhibit A ("Seller Employment Agreement").
Executive hereby acknowledges that any change in control, severance, termination or similar payments or compensation for which Executive is eligible under the Seller Employment Agreement is hereby waived.
Executive represents and warrants that, other than the Seller Employment Agreement (which shall be superseded by this Agreement as of the Effective Date hereunder), (i) he is not bound by any employment agreement, and (ii) he is not bound by any restrictive covenant or agreement that limits his right to enter into this Agreement and perform his duties hereunder.
From and after the Effective Date, this Agreement shall supersede the Seller Employment Agreement and any other employment or severance agreement or arrangement among the parties or Seller and its affiliates and Executive shall not be eligible for severance benefits under any plan, program or policy of the Company or the Seller or their affiliates or pursuant to the Seller Employment Agreement.