Examples of Term Employee in a sentence
During the Term, Employee shall be eligible to participate in any equity plan established by the Company (or any other member of the Company Group) for the benefit of similarly situated senior executives of the Company, subject to the terms and conditions of any such equity plan and the applicable award agreement, as determined by the Board or its designee, in its discretion.
During the Term, Employee will be employed to provide full-time services as General Counsel of the Parent.
For each complete calendar year in the Term, Employee shall be eligible to receive a discretionary, annual bonus (the “Annual Bonus”), subject to the terms and conditions outlined in this Section 2.3. Employee’s annual target bonus opportunity shall be equal to 75% of Base Salary (“Target Bonus”).
During the Term, Employee and, to the extent applicable, Employee’s family, dependents, and beneficiaries, shall be entitled to participate in all employee benefits plans, practices and programs, as in effect from time to time, and made available to Employee and/or similarly situated senior executives of the Company, subject in all respects to the terms and conditions of the applicable plan, practice or program.
Employee acknowledges and agrees that, at all times during the Term, Employee owes fiduciary duties to the Company Group including but not limited to, duties of loyalty, fidelity, and allegiance, and to always act in the best interest of the Company Group, and in compliance with all applicable laws and policies and agreements of the Company Group.