Term of Employment definition

Term of Employment means the period specified in Section 2.

Term of Employment means the period specified in Section 2 below.

Term of Employment shall have the meaning set forth in Section 2(a) below.

Examples of Term of Employment in a sentence

• During the Term of Employment, the Executive shall be eligible to be granted Equity Awards.

• Subject to submission of proper substantiation by the Executive, and subject to such rules and guidelines as the Company may from time to time adopt with respect to the reimbursement of reasonable business expenses of executive personnel, the Company shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive during the Term of Employment in the course of and pursuant to the business of the Company.

• During the Term of Employment, the Executive shall participate in the Company’s annual incentive compensation plan, program and/or arrangements applicable to senior-level executives, as established and modified from time to time by the Compensation Committee of the Board in its sole discretion.

• During the Term of Employment, the Executive shall have a target bonus opportunity under such plan or program equal to 60% of his current Base Salary (the “Target Bonus”), based on satisfaction of performance criteria to be established by the Compensation Committee of the Board within the first three months of each fiscal year that begins during the Term of Employment.

• In the event that the Term of Employment is terminated due to the Executive’s Disability, the Executive shall be entitled to (i) the Accrued Obligations and (ii) any insurance benefits to which he and his beneficiaries are entitled as a result of his Disability.

More Definitions of Term of Employment

Term of Employment shall have the meaning set forth in Section 3 hereof.

Term of Employment is defined in Section 3(a).

Term of Employment as used in this Agreement shall refer to the entire period of employment of Executive by the Company.

Term of Employment means the period during which the Executive shall be employed by the Company pursuant to the terms of this Agreement.

Term of Employment means the period specified in Section 2 below (including any extension as provided therein).

Term of Employment means the Original Term of Employment and all Renewal Terms.

Term of Employment means a requirement made known to the employee at the time of applying for the position by way of publication in the advertisement for the position, written advice to the employee containing the offer for the position or oral communication at interview by an interviewing employee and such requirement is accepted by the employee either in writing or orally.