Compensation During the Employment Term Sample Clauses

Compensation During the Employment Term. During the Employment Term, as compensation and consideration for the performance by the Executive of the Executive’s duties, responsibilities and covenants under to this Amended Transition Agreement, the Company will pay the Executive and the Executive agrees to accept in full payment for such performance the amounts and benefits set forth below:
Sample 1
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Compensation During the Employment Term. During the Employment Term, Fusion-io will continue to pay Bradford as compensation for his services a base salary at the annualized rate of $240,000 (the “Base Salary”). The Base Salary will be paid periodically in accordance with Fusion-io’s normal payroll practices and be subject to the usual, required withholding.
Sample 1
Compensation During the Employment Term. During the Employment Term, the Company shall pay XxXxxxxxxx a “Base Salary” at an annual rate of $300,000.00 gross (i.e., $11,538.46 gross per payroll check that, net of applicable federal, state and FICA tax and other withholdings, shall be the “Bi-Weekly Net Payroll Amount”), from the Start Date through the duration of the Employment Term on each of the Company's normal payroll periods during the Employment Term, subject to the further payment options of the Company set forth below. Such “Base Salary” will be paid, at the Company's election, either in (A) cash, (B) the transfer of a number of shares of common stock of Allied Esports Entertainment, Inc. (“AESE”) (the "AESE Stock") equal to the Bi-Weekly Net Payroll Amount based on the weighted average of AESE’s closing stock price for the previous ten (10) business days preceding the due date for the payment of the Bi-Weekly Net Payroll Amount or (C) a combination of cash and AESE Stock provided; however, for the period from the Start Date through November 12, 2020, the Bi-Weekly Net Payroll Amount shall be paid in cash. After November 12, 2020, at the Company’s election, it may choose to transfer AESE Stock to XxXxxxxxxx in advance to compensate him for one or more future Bi-Weekly Net Payroll Amounts that occur after November 12, 2020, due him during the Employment Term. If such shares of AESE Stock are transferred to XxXxxxxxxx in advance of one or more Bi-Weekly Net Payroll Amounts due him, then no further compensation shall be due for any such Bi-Weekly Net Payroll Amounts paid in advance. All payments elected to be paid via AESE Stock will be paid by transfer from the Company to XxXxxxxxxx of the specified number of shares of AESE Stock as determined according to this Section. If XxXxxxxxxx becomes “Disabled” during the Employment Term and cannot work, XxXxxxxxxx dies during the Employment Term, the Company terminates XxXxxxxxxx’ employment without “Cause” prior to December 15, 2020, or XxXxxxxxxx completes the Employment Term with his final day of employment with the Company being December 15, 2020, and provided XxXxxxxxxx (or his estate, as applicable) timely executes a Separation and Release Agreement in the form substantially similar to that attached hereto as Exhibit A (the "Release Agreement"), following the Separation Date, the Company shall pay XxXxxxxxxx or his estate, as applicable, the Separation Pay and provide such other benefits, including the accelerated vesting of XxXxxxxxxx’ Compan...
Sample 1
Compensation During the Employment Term. As compensation for all services rendered pursuant to this Agreement during the Employment Term, the Company shall provide the Executive the following:
Sample 1
Compensation During the Employment Term 
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Related to Compensation During the Employment Term

  • During the Employment Period (i) Executive shall devote Executive's full time and energy solely and exclusively to the performance of Executive's duties described herein, except during periods of illness or vacation periods.

  • Duties During the Period of Employment As Employer’s Executive Vice President and Chief Operating Officer, Employee shall have full responsibility, subject to the control of Employer’s President and Chief Executive Officer and/or the authorized designee of Employer’s Board of Directors, for the supervision of all assigned aspects of Employer’s business and operations, including all activities related to banking, operations, wealth management, insurance and employee benefit services, and the discharge of such other duties and responsibilities to Employer, not inconsistent with such position, as may from time to time be reasonably assigned to Employee by Employer’s President and Chief Executive Officer, or the authorized designee of Employer’s Board of Directors. Employee shall report to Employer’s President and Chief Executive Officer. Employee shall devote Employee’s best efforts to the affairs of Employer, serve faithfully and to the best of Employee’s ability and devote all of Employee’s working time and attention, knowledge, experience, energy and skill to the business of Employer, except that Employee may affiliate with professional associations, and business, civic and charitable organizations, provided that such affiliations are not inconsistent with and do not interfere with the performance of Employee’s duties under this Agreement. Employee shall serve on the Board of Directors of, or as an officer of Employer’s affiliates, without additional compensation if requested to do so by the Board of Directors of Employer. Employee shall receive only the compensation and other benefits described in this Agreement for Employee’s services to affiliates of Employer.

  • During the Term of Employment (a) Executive shall be eligible to participate in any life, health and long-term disability insurance programs, pension and retirement programs, stock option and other incentive compensation programs, and other fringe benefit programs made available to senior executive employees of the Company from time to time, and Executive shall be entitled to receive such other fringe benefits as may be granted to him from time to time by the Company's Board of Directors.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Term of Employment; Termination (a) The “

  • Continued Employment Beyond the Expiration of the Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company beyond the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 10, 11 and 12 of this Agreement shall survive any termination of this Agreement or Executive’s Termination of Employment hereunder.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Expiration of the Employment Period If Executive’s employment terminates by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

  • Non-Competition During Employment Executive agrees during the Basic Term, and any extension of the Basic Term under this Agreement, he will not compete with the Company by engaging in the conception, design, development, production, marketing, or servicing of any product or service that is substantially similar to the products or services which the Company provides, and that he will not work for, in any capacity, assist, or became affiliated with as an owner, partner, etc., either directly or indirectly, any individual or business which offer or performs services, or offers or provides products substantially similar to the services and products provided by Company.

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

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