Xxxxxxx Employment Agreement definition

Xxxxxxx Employment Agreement means an employment agreement to be entered into between the Issuer and Xxxxxxx at the Closing on the terms described in the term sheet attached hereto as Exhibit E, with such changes and modifications as shall be acceptable to the parties thereto.

Xxxxxxx Employment Agreement has the meaning given such term in Section 5.6.3 of this Agreement.

Xxxxxxx Employment Agreement has the meaning set forth in Section 3.3(e).

Examples of Xxxxxxx Employment Agreement in a sentence

• Notwithstanding anything contained herein to the contrary, all Members and the Company hereby specifically acknowledge and approve the Xxxxxxx Employment Agreement and the terms thereof, including Xxxxxxx’x compensation and Xxxxxxx’x services and covenants.

• Contemporaneously with the Members’ execution of this Agreement on the Effective Date, the Company and Xxxxxxx Xxxxxxx shall execute the Xxxxxxx Employment Agreement.

• Such a termination shall be without prejudice to any rights or remedies available to Xxxxxxx pursuant to the Xxxxxxx Employment Agreement.

• Xxxxxxx all amounts to which he is entitled pursuant to the Xxxxxxx Employment Agreement as a result of such termination of his employment (the “Trigger Event”), in which event Seller Parties agree to pay to Buyer as liquidated damages an amount equal to (x) $1,500,000 multiplied by (y) a fraction, the numerator of which shall be the number of months remaining between July 1, 2008 and June 30, 2011, and the denominator of which shall be 36 (for example, on August 1, 2008, the fraction shall be 35/36).

• Xxxxxxx all amounts to which he is entitled pursuant to the Xxxxxxx Employment Agreement as a result of such termination of his employment; and provided, further, that the restrictions set forth in this Section 5.6.3 shall terminate and shall be of no further force and effect upon the termination of Xxxx X.

More Definitions of Xxxxxxx Employment Agreement

Xxxxxxx Employment Agreement has the meaning set forth in Section 1.01.

Xxxxxxx Employment Agreement means that certain Employment Agreement between the Company and Xxxxxxx Xxxxxxx in the form attached hereto as Exhibit G and incorporated herein by reference.

Xxxxxxx Employment Agreement shall have the meaning set forth in (S) 6(A)(viii).

Xxxxxxx Employment Agreement means that certain Employment Agreement by and between LRA-CA and Xxxxxxx dated of even date herewith.

Xxxxxxx Employment Agreement means the Executive Employment and Noncompetition Agreement dated as of June 8, 2004, between the Company and Xxxxxxx.

Xxxxxxx Employment Agreement has the meaning set forth in Exhibit G.

Xxxxxxx Employment Agreement shall have the meaning set forth in Section 9.2(f).