End of Executive’s Employment and the Employment Agreement Sample Clauses

End of Executive’s Employment and the Employment Agreement. Executive has voluntarily resigned his employment with the Company. Executive’s employment with the Company shall terminate on the Separation Date. Prior to the Separation Date, Executive shall continue to attend to his employment duties and act in the normal course and scope of his employment. Effective as of the Separation Date, all of Executive’s director and officer positions with the Company and its affiliates and subsidiaries, including his position as Chief Executive Officer, shall terminate. Executive shall execute all documents and take such further steps as may be required to effectuate such termination(s). Executive agrees that Executive shall not make any representations or execute any documents, or take any other actions, on behalf of the Company as of the Separation Date. Executive agrees that this Agreement fully supersedes any and all prior agreements relating to Executive’s employment, compensation and equity with the Company, all of which shall terminate upon the Separation Date including but not limited to the Employment Agreement (except for the Surviving Provisions defined below or except as otherwise expressly provided by this Agreement).
Sample 1
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End of Executive’s Employment and the Employment Agreement. Executive agrees that during the period commencing on the Effective Date (as defined in Section 18 below), and ending on the Separation Date, Executive shall assist with the transition of Executive’s current duties and responsibilities as President and Chief Executive Officer of TCBI and as Chief Executive Officer of TCB to his successor. Executive agrees to voluntarily resign from his position as Chief Executive Officer of TCB effective on June 11, 2013, and voluntarily resign from his position as President and Chief Executive Officer of TCBI and as a member of the TCBI and TCB board of directors as of the Separation Date. Executive’s employment with the Company shall terminate on the Separation Date. Prior to the Separation Date, Executive shall serve as President and Chief Executive Officer of TCBI, and as Vice Chairman of TCB until the Separation Date, shall continue to attend to his employment duties, as modified by this Agreement, and act in the normal course and scope of his employment, and, to the extent Executive remains employed during such period, the Company shall continue to pay Executive his base salary in accordance with Section 5(a) of the Employment Agreement. Effective as of the Separation Date, all of Executive’s director and officer positions with the Company and its affiliates and subsidiaries, including his position as President and Chief Executive Officer of TCBI and as Vice Chairman of TCB, shall terminate. Executive shall execute all documents and take such further steps as may be required to effectuate such termination(s). Executive agrees that Executive shall not make any representations or execute any documents, or take any other actions, on behalf of the Company as of or at any time after the Separation Date. Executive agrees that this Agreement fully supersedes any and all prior agreements relating to Executive’s employment, compensation and equity with the Company, all of which shall terminate upon the Separation Date including but not limited to the Employment Agreement (except for the Surviving Provisions defined below in Section 7 or except as otherwise expressly provided by this Agreement). In the event Executive’s employment is terminated by the Company without Cause (as defined in the Employment Agreement), or due to Executive death or “Total and Permanent Disability” (as defined by TCBI’s 2010 Long-Term Incentive Plan or any successor plan thereto (the “2010 Plan”)) prior to the Separation Date, the Company agrees to (...
Sample 1
End of Executive’s Employment and the Employment Agreement. Executive’s employment with the Company shall terminate on the Separation Date. Effective as of the Separation Date, all of Executive’s officer positions with the Company and its affiliates and subsidiaries, including his position as Chief Executive Officer of the Company, shall terminate. Executive shall execute all documents and take such further steps as may be required to effectuate such termination(s). Executive agrees that Executive shall not make any representations or execute any documents, or take any other actions, on behalf of the Company after the Separation Date. Executive agrees that this Agreement fully supersedes any and all prior agreements, except for the Surviving Provisions defined below, relating to Executive’s employment, compensation and equity with the Company, all of which shall terminate upon the Separation Date.
Sample 1
End of Executive’s Employment and the Employment Agreement. The Parties agree that Executive’s employment with the Company terminated on March 30, 2012 (the “Separation Date”): Effective as of the Separation Date, all of Executive’s positions with the Company and its affiliates and subsidiaries, including her positions as Chief Executive Officer and director of the Company’s Board of Directors, and all other officer and director positions with any of its affiliates and subsidiaries, shall terminate. Executive shall execute all documents and take such further steps as may be required to effectuate such termination(s). Executive agrees that this Agreement fully supersedes any and all prior agreements relating to her employment with the Company, all of which shall terminate upon the Effective Date, including but not limited to the Employment Agreement (with the exception of the Surviving Provisions, as defined below).
Sample 1

Related to End of Executive’s Employment and the Employment Agreement

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Termination of Executives Employment Termination of Executive's Employment means that (i) the Company has terminated Executive's employment with the Company (including any subsidiary of the Company) other than for Cause (as defined in Section 5.2), death or Disability (as defined in Section 5.3), or (ii) Executive, by written notice to the Company, has terminated his employment with the Company (including any subsidiary of the Company) for Good Reason (as defined below). For purposes of this Agreement, "Good Reason" means:

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • End of Employment (a) Executive agrees that all documents of any nature pertaining to the activities of the Company or its affiliates, or that include Confidential Information, in his possession now or at any time during the term of his employment, including, without limitation, memoranda, notebooks, notes, data sheets, records, and computer programs, are and shall be the property of the Company and that all copies thereof shall be surrendered to the appropriate entity upon termination of employment.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Employment Termination This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

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