Individual Employment Agreements Sample Clauses

Individual Employment Agreements. Notwithstanding anything to the contrary, the following modifications shall be deemed to be made to the individual employment agreements, current or future, of all bargaining unit employees:
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Individual Employment Agreements. As of the Effective Time, Buyer will assume Seller’s and each Company’s obligations under all individual employment, termination, retention, severance or other similar contracts or agreements with any current or former employee of the Business listed in Schedule 8.3(b). Notwithstanding anything in this agreement to the contrary, with respect to any Business Employee who is a party to an Employment Agreement with Seller or any Company (whether or not such Employment Agreement has been listed on any schedule to this Agreement), (i) Buyer shall be responsible for any severance benefits payable to such Business Employee in accordance with Section 8.3(d) (without regard to such Business Employee’s Employment Agreement with Seller or any Company) and (ii) Seller shall be responsible for any severance benefits payable to such Business Employee under such Business Employee’s Employment Agreement with Seller or any Company that is in excess of the severance benefits payable by Buyer pursuant to clause (i).
Sample 1
Individual Employment Agreements. XXXX may offer an Employee on an individual basis, terms and conditions of employment under an Individual Employment Agreement (“IEA”). The offer for an IEA must be in writing and the Employee must genuinely consent to the proposed IEA. The terms and conditions of an IEA will, when considered as a whole, be more favourable than the terms and conditions in the Award. Where agreement cannot be reached with the Employee as to whether the terms and conditions of an IEA, when considered as a whole, are more favourable than the terms and conditions in the Award or the Agreement, both Parties have access to the Dispute Settlement Process to have the matter resolved. With effect from the date of acceptance of the IEA, this Agreement will no longer apply to the Employee party to the IEA.
Sample 1
Individual Employment Agreements a) An individual employment agreement is intended as a method of individual performance recognition and an opportunity to retain Employees whilst operating within the scope of the workplace agreement as detailed in the subclauses below.
Sample 1

Related to Individual Employment Agreements

  • Post-Agreement Employment In the event the Executive remains in the employ of the Company or any of its Affiliates following termination of this Agreement, by the expiration of the Term or otherwise, then such employment shall be at will.

  • Compensation; Employment Agreements 18 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies.................................................. 18 5.16

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Post-Employment Covenants (a) Executive hereby reaffirms and agrees to abide by all confidentiality and nondisclosure obligations, nonsolicitation obligations, noncompetition obligations and any other post-employment obligations to which Executive is subject under any contract or agreement between Executive and the Company as well as the Illinois Trade Secrets Act, any other Illinois statute and Illinois common law.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Employment Benefit Plans Employee may participate in employee benefit plans in which other similarly situated employees may participate, according to the terms of applicable policies and as stated in the Employee Handbook. Employee acknowledges receipt of the Employee Handbook available on the intercompany website and will review and abide by its terms.

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