Examples of Supplemental Employment Agreement in a sentence
The exercise of the Option as contemplated by this Agreement, the acceptance of the Purchase Note by the Company or any term or provision of this Agreement shall not constitute or, except as is specifically provided in a Supplemental Employment Agreement, be evidence of any understanding, express or implied, on the part of the Company or any of its Affiliates to employ the Optionee (or have the Optionee serve as a director) for any period.
This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and the Executive, including the Employment Agreement dated June 27, 1990 and the Supplemental Employment Agreement dated July 9, 1996, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to the Executive of a kind elsewhere provided.
This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and the Executive, including the Employment Agreement dated June 27, 1995 and the Supplemental Employment Agreement dated July 9, 1996, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to the Executive of a kind elsewhere provided.
Each of the parties hereto agrees that the Executive Supplemental Employment Agreement between the Company and the Executive, dated as of April 13, 2007 and amended as of November 10, 2008 (collectively and as amended, the “Prior Agreement”), has been terminated concurrently with the execution of this Agreement and that none of the provisions of the Prior Agreement shall be deemed to survive the execution of this Agreement in any respect.
Arch and Olin shall cooperate in taking all actions necessary or appropriate to implement the foregoing, including amending any Supplemental Employment Agreement and obtaining any necessary consents of affected individuals.
This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Company or any predecessor of the Company and the Executive, including the Employment Agreement dated June 27, 1990 and the Supplemental Employment Agreement dated July 9, 1996, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to the Executive of a kind elsewhere provided.
Each of the parties hereto agrees that the Executive Supplemental Employment Agreement between the Company and the Executive, dated as of July 19, 2004 (the “Prior Agreement”), has been terminated concurrently with the execution of this Agreement and that none of the provisions of the Prior Agreement shall be deemed to survive the execution of this Agreement in any respect.
The parties hereto agree that the July 19, 2002 Supplemental Employment Agreement is terminated and no longer in effect.
Each of the parties hereto agrees that the Executive Supplemental Employment Agreement between the Company and the Executive, dated as of December 12, 1999 (the “Prior Agreement”), has been terminated concurrently with the execution of this Agreement and that none of the provisions of the Prior Agreement shall be deemed to survive the execution of this Agreement in any respect.
Upon the delivery of a Notice of Employment Continuation, this Agreement shall terminate and be of no further force or effect and Employee's employment with the Company shall be governed instead by a Supplemental Employment Agreement in the form of Exhibit 4.11 hereto that will be executed and delivered by the Company and the Employee immediately upon the delivery of such Notice of Employment Continuation.