Common use of Nature of Company Clause in Contracts

Nature of Company. The Employee understands and acknowledges that the Company is a business in development and many of the Company’s operations, lines of business, policies, procedures, and internal rules (including with regard to compensation, promotion and benefit plans) are, and will be, evolving and may be subject to substantial change over the Term.

Appears in 3 contracts

Samples: Employment Agreement (Prometheum, Inc.), Employment Agreement (Prometheum, Inc.), Employment Agreement (Prometheum, Inc.)

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Nature of Company. The Employee understands and acknowledges that the Company is a business in development and many of the Company’s operations, lines of business, policies, procedures, and internal rules (including with regard to compensation, promotion and benefit plans) are, and will be, evolving and may be subject to substantial change over the Termevolving.

Appears in 1 contract

Samples: Employment Agreement (Prometheum, Inc.)

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