Transaction Date definition
Examples of Transaction Date in a sentence
Effective upon the Transaction Date, Section 1(a) of the Agreement shall be amended to add the following sentence as a new final sentence in such section: “As of the Transaction Date (as defined below), the Employee shall cease serving as Chair of the Company, but the Employee shall continue, for the duration of the Term (as defined below), to serve as the Co-founder, Chief Executive Officer and President of the Company.
Effective upon the Transaction Date, Section 6(a)(ii)(C) and 6(a)(ii)(D) of the Employment Agreement shall be deleted in its entirety.
Effective upon the Transaction Date, Section 1(c) of the Employment Agreement shall be deleted in its entirety and replaced with the following: “The initial term (the “Initial Term”) of the Employee’s employment hereunder shall commence on the Transaction Date and end on January 31, 2030.
Effective upon the Transaction Date, Section 4 of the Employment Agreement shall be deleted in its entirety.