Employment Commitment Clause Samples
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Employment Commitment. As partial consideration for the benefits --------------------- available to Executive under this Agreement, Executive hereby agrees to remain as an officer and employee of Sensormatic during any Attempted Change in Control and for a period of six months immediately after a Change in Control first occurs (the "Commitment Period"), and during the Commitment Period to devote substantially all his business time and efforts to the business and affairs of Sensormatic, provided that Executive shall be entitled to terminate his employment by Sensormatic during an Attempted Change in Control or at any time following a Change in Control in circumstances which constitute an involuntary termination pursuant to Section 10 hereof. Executive's participation in other businesses, as a director or otherwise, with the approval of Sensormatic's Board of Directors (which approval shall be deemed to include the Board of Directors not objecting to such participation following disclosure thereof to the Board of Directors by Executive, and which approval may not be withdrawn following such Change in Control) shall not be deemed to contravene the foregoing provision. In the event that Executive voluntarily terminates his employment with Sensormatic (other than by resignation contemplated in Section 10 hereof) at any time during the Commitment Period, Executive shall not be entitled to any of the benefits provided for in this Agreement, other than those provided under Sections 6(a)(i), 6(a)(ii), 6(a)(iii), 6(a)(iv), 6(b)(ii), 12, 13 and 15 hereof, and shall promptly repay to Sensormatic, on an after-tax basis, any benefits previously received by him pursuant to any provisions of Sections 6 or 7 of this Agreement not referred to in this sentence, but Sensormatic shall have no other remedy for Executive's failure to remain an employee and officer as required by this Section 4. Any amounts or benefits received by Executive pursuant to the Officer Agreement or any other written employment agreement between Sensormatic and Executive or any other compensation plan or arrangement of Sensormatic, even if similar or identical to those to which he would be entitled under this Agreement, shall not be deemed received pursuant to this Agreement or be repayable to Sensormatic for purposes of the preceding sentence.
Employment Commitment. Service Provider commits that for a period of [***]* following each Transitioned Employee’s Start Date (the “Commitment Period”) it will: (i) maintain and follow the applicable terms of employment for Transitioned Employees as described in Sections 1 and 3 and Appendix B; and (ii) maintain the general nature and level of responsibility of each Transitioned Employee’s position.
Employment Commitment. The Developer agrees to create at least twenty (20) new Full Time Employment Units at the completed Minimum Improvements and to maintain all such Full Time Employment Units at said location until at least the Termination Date set forth in Section 10.8 hereof.
Employment Commitment. Borrower proposes to employ 6.85 full-time equivalent positions at its proposed location within the City. At least one time per year, on the anniversary date of this Agreement, or more frequently upon the request of the City Manager, Borrower shall submit information to the City documenting the number of employees/positions and hours worked of Borrower working at the Property, in a form and manner satisfactory to the City Manager.
Employment Commitment. Executive shall devote such time, attention, knowledge, and skills to the business and interests of the Company as Company may reasonably require, and the Company shall be entitled to all of the benefits and profits arising from or incident to the work, services, advice, inventions, or innovations of Executive in connection with the Company's business.
Employment Commitment. The Company represents that as of the Effective Date, it has no employees in the County. Company agrees on or before January 1 of Tax Year 1 to hire and maintain at least six (6) employees, at an annual salary of not less than SEVENTY THOUSAND DOLLARS ($70,000) each, with healthcare benefits, for the Project and such employees shall be assigned to the Project site or otherwise in the County during the term of this Agreement. The Company agrees to comply with all applicable federal and state laws governing the employer-employee relationship, including but not limited to Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act of 1967, the Equal Pay Act of 1963, the Family Medical Leave Act, and Title I and Title V of the Americans with Disabilities Act.
Employment Commitment. If the Sale Transaction or Change of Control of HMC triggering the applicable bonus payment occurs while the Employee is actively employed by the Broadway Ticketing Division, then, if requested by the Broadway Ticketing Division, the Employee agrees to continue his employment with the Broadway Ticketing Division for a period of up to one (1) year following the date of the Sale Transaction or Change of Control of HMC, as applicable, irrespective of the length of time remaining in the Employment Period (the “Transition Period”).
Employment Commitment. (a) An employee who accepts educational assistance is expected to commit to continued employment for at least six (6) months after completion of the course(s). If the employee fails to complete the course within this timeframe, they may be required to provide full reimbursement of all educational assistance received within thirty (30) days.
Employment Commitment. The COMPANY is receiving this Grant based upon its representation that it will bring the following employment opportunities to COUNTY:
Employment Commitment. The District incurs a substantial cost to ensure that career personnel receive training and certification at or above State and National training standard minimums for firefighters, for Firematic and EMS training. The Union, as an effort of good faith, supports an employment commitment to the District. This article shall specify the obligations and criteria required for career employees.