Common use of International Assignment Clause in Contracts

International Assignment. Executive agrees to accept an international assignment to the Company's overseas office located in Hong Kong ("Assignment"). Executive's Assignment will begin on the Employment Date and, unless otherwise agreed in writing between Executive and the Company, will continue until the earliest of (i) three (3) years from the Employment Date, (ii) the initial public offering of the Company's Common Stock on a U.S. national exchange, NASDAQ, or comparable international exchange or (iii) the sale of control of the Company and expiration of a reasonable period of time following the closing of such sale of control as necessary to allow investors in the Company an opportunity to liquidate or sell their holdings; or (iv) termination of Executive's employment pursuant to this Agreement.

Appears in 1 contract

Sources: Key Employee Agreement (Asia Online LTD)

International Assignment. Executive agrees to accept an international assignment to the Company's overseas office located in Hong Kong ("Assignment"). Executive's Assignment will begin on the Employment Date and, unless otherwise agreed in writing between Executive and the Company, will continue until the earliest of (i) three (3) years from the Employment Date, (ii) the initial public offering of the Company's Common Stock on a U.S. national exchange , NASDAQ or other globally recognized stock exchange, NASDAQ, or comparable international exchange or (iii) the sale of control of the Company and expiration of a reasonable period of time following the closing of such sale of control as necessary to allow investors in the Company an opportunity to liquidate or sell their holdings; or (iv) termination of Executive's employment pursuant to this Agreement.

Appears in 1 contract

Sources: Key Employee Agreement (Asia Online LTD)