Term; Exclusivity. 2.2.1. The Term of the Agreement shall commence on May , 2013 and shall continue for 3 months (the “Initial Term”) unless sooner terminated in accordance with the provisions of this Agreement. Following the Initial Term, this Agreement and the Executive’s employment may be continued either under this Agreement or any other agreement, upon such terms and conditions as the Executiv e and the Company may mutually agree. The Initial Term and any subsequent term of employment of the Executive are herein collectively referred to as the “Term”. 2.2.2. Executive agrees to devote his business and professional time to the performance of the Duties and Services, and shall undertake to perform such Duties and Services in a competent and professional manner, consistent with the skills to be possessed by CEO, of a Comparable Company. The Executive shall consider his employment by the Company his principal employment; however, Executive shall be permitted to engage in other charitable, community, professional or business activities from time to time, so long as such other activities do not materially interfere with his performance hereunder. Executive shall disclose all professional and business activities, outside of his employment, to the Board of Director in writing prior to the Effective Date and within fifteen (15) days of any subsequent changes to said activities. 2.2.3. The Executive acknowledges that the Duties and Services shall be performed as an “exempt’ Executive and that, as such, he shall not be entitled to overtime or compensatory compensation other than periodic bonuses as may be awarded to the Executive from time to time by the Board of Directors of the Company in the exercise of their sole discretion. 2.2.4. Notwithstanding anything to the contrary contained in Section 2.2, the Executive may acquire and/or retain, solely as an investment, and may take customary actions to maintain and preserve Executive’s ownership of: (a) Securities of any partnership, trust, corporation or other person which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended and which are publicly traded as long as Executive’s investment amounts to less than ten (10%) percent of the equity in such entity; and (b) Any securities of a partnership, trust, corporation or other person not registered as set forth in Section 2.3.4(a) above so long as such entity is not, directly or indirectly, in competition with Protext.
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Term; Exclusivity. 2.2.1. The Term of the this Agreement shall commence on May the Effective Date, 2013 as defined above, and shall continue for 3 months years through February 10, 2012 (the “Initial Term”) unless sooner terminated in accordance with the provisions of this Agreement. Following the Initial Term, this Agreement and the Executive’s employment may be continued either under this Agreement or any other agreement, upon such terms and conditions as the Executiv e Executive and the Company may mutually agree. The Initial Term and any subsequent term of employment of the Executive are herein collectively referred to as the “Term”.
2.2.2. Executive agrees to devote his business and professional time to the performance of the Duties and Services, and shall undertake to perform such Duties and Services in a competent and professional manner, consistent with the skills to be possessed by CEOthe Chief Executive Officer, of a Comparable Company. The Executive shall consider his employment by the Company his principal employment; however, Executive shall be permitted to engage in other charitable, community, professional or business activities from time to time, so long as such other activities do not materially interfere with his performance hereunder. Executive shall disclose all professional and business activities, outside of his employment, to the Board of Director in writing prior to the Effective Date and within fifteen (15) days of any subsequent changes to said activities. Company hereby acknowledges that Executive has a controlling interest in Constant Connect and may devote some time in support of the effort.
2.2.3. The Executive acknowledges that the Duties and Services shall be performed as an “exempt’ Executive and that, as such, he shall not be entitled to overtime or compensatory compensation other than periodic bonuses as may be awarded to the Executive from time to time by the Board of Directors of the Company in the exercise of their sole discretion.
2.2.4. Notwithstanding anything to the contrary contained in this Section 2.2, the Executive may acquire and/or retain, solely as an investment, and may take customary actions to maintain and preserve Executive’s ownership of:
(a) Securities of any partnership, trust, corporation or other person which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended and which are publicly traded as long as Executive’s investment amounts to are less than ten (10%) percent of the equity in such entity; and
(b) Any securities of a partnership, trust, corporation or other person not registered as set forth in Section 2.3.4(a2.2.4(a) above so long as such entity is not, directly or indirectly, in competition with ProtextSearchHelp.
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Term; Exclusivity. 2.2.1. The Term of the this Agreement shall commence on May the Agreement Date, 2013 as defined above) and shall continue for 3 months one (1) year terms (the “Initial Term”) unless sooner terminated in accordance with the provisions of this Agreement. Following the Initial Term, this Agreement and the Executive’s employment may be continued either under this Agreement or any other agreement, upon a proxy shareholder approval. If an annual shareholder meeting and or proxy do not occur, the Non-Executive Chairman’s term shall be extended for another year under such terms that are mutually agreed upon and conditions as confirmed with the Executiv e and approval of the Company may mutually agreeBoard of Directors. The Initial Term and any subsequent term of employment of the Executive are herein collectively referred to as the “Term”.
2.2.2. Executive agrees to devote his business and professional time to the performance of the Duties and Services, and shall undertake to perform such Duties and Services in a competent and professional manner, consistent with the skills to be possessed by CEOa Non-Executive Chairman of the Board, of a Comparable Company. The Executive shall consider his employment by the Company his principal employment; however, Executive shall be permitted to engage in other charitable, community, professional or business activities from time to timeactivities, so long as such other activities do not materially interfere with his performance hereunder. Executive shall disclose all professional and business activities, outside of his employment, to the Board of Director in writing prior to the Effective Date and within fifteen (15) days of any subsequent changes to said activities.
2.2.3. The Executive acknowledges that the Duties and Services shall be performed as an “exempt’ Executive and that, as such, he shall not be entitled to overtime or compensatory compensation other than periodic bonuses as may be awarded to the Executive from time to time by the Board of Directors of the Company in the exercise of their sole discretion.
2.2.4. Notwithstanding anything to the contrary contained in this Section 2.2, the Executive may acquire and/or retain, solely as an investment, and may take customary actions to maintain and preserve Executive’s ownership of:
(a) Securities of any partnership, trust, corporation or other person which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended and which are publicly traded as long as Executive’s investment amounts to less than ten (10%) percent of the equity in such entity; and
(b) Any securities of a partnership, trust, corporation or other person not registered as set forth in Section 2.3.4(a2.2.4(a) above so long as such entity is not, directly or indirectly, in competition with ProtextSearchHelp.
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Term; Exclusivity. 2.2.1. The Term of the Agreement shall commence on May , 2013 June 1 2009 and shall continue for 3 months years through June 1, 2012 (the “Initial Term”) unless sooner terminated in accordance with the provisions of this Agreement. Following the Initial Term, this Agreement and the Executive’s employment may be continued either under this Agreement or any other agreement, upon such terms and conditions as the Executiv e Executive and the Company may mutually agree. The Initial Term and any subsequent term of employment of the Executive are herein collectively referred to as the “Term”.
2.2.2. Executive agrees to devote his her business and professional time to the performance of the Duties and Services, and shall undertake to perform such Duties and Services in a competent and professional manner, consistent with the skills to be possessed by CEOthe Chief Financial Officer, of a Comparable Company. The Executive shall consider his her employment by the Company his her principal employment; however, Executive shall be permitted to engage in other charitable, community, professional or business activities from time to time, so long as such other activities do not materially interfere with his her performance hereunder. Executive shall disclose all professional and business activities, outside of his her employment, to the Board of Director in writing prior to the Effective Date and within fifteen (15) days of any subsequent changes to said activities.
2.2.3. The Executive acknowledges that the Duties and Services shall be performed as an “exempt’ Executive and that, as such, he shall not be entitled to overtime or compensatory compensation other than periodic bonuses as may be awarded to the Executive from time to time by the Board of Directors of the Company in the exercise of their sole discretion.
2.2.4. Notwithstanding anything to the contrary contained in Section 2.2, the Executive may acquire and/or retain, solely as an investment, and may take customary actions to maintain and preserve Executive’s ownership of:
(a) Securities of any partnership, trust, corporation or other person which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended and which are publicly traded as long as Executive’s investment amounts to less than ten (10%) percent of the equity in such entity; and
(b) Any securities of a partnership, trust, corporation or other person not registered as set forth in Section 2.3.4(a) above so long as such entity is not, directly or indirectly, in competition with ProtextEchoMetrix.
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Term; Exclusivity. 2.2.1. The Term of the Agreement shall commence on May , 2013 October 1 2009 and shall continue for 3 months years through October 1, 2012 (the “Initial Term”) unless sooner terminated in accordance with the provisions of this Agreement. Following the Initial Term, this Agreement and the Executive’s employment may be continued either under this Agreement or any other agreement, upon such terms and conditions as the Executiv e Executive and the Company may mutually agree. The Initial Term and any subsequent term of employment of the Executive are herein collectively referred to as the “Term”.
2.2.2. Executive agrees to devote his business and professional time to the performance of the Duties and Services, and shall undertake to perform such Duties and Services in a competent and professional manner, consistent with the skills to be possessed by CEOa Vice President and Director of Corporate Affairs, of a Comparable Company. The Executive shall consider his employment by the Company his principal employment; however, Executive shall be permitted to engage in other charitable, community, professional or business activities from time to time, so long as such other activities do not materially interfere with his performance hereunder. Executive shall disclose all professional and business activities, outside of his employment, to the Board of Director in writing prior to the Effective Date and within fifteen (15) days of any subsequent changes to said activities.
2.2.3. The Executive acknowledges that the Duties and Services shall be performed as an “exempt’ Executive and that, as such, he shall not be entitled to overtime or compensatory compensation other than periodic bonuses as may be awarded to the Executive from time to time by the Board of Directors of the Company in the exercise of their sole discretion.
2.2.4. Notwithstanding anything to the contrary contained in Section 2.2, the Executive may acquire and/or retain, solely as an investment, and may take customary actions to maintain and preserve Executive’s ownership of:
(a) Securities of any partnership, trust, corporation or other person which are registered under Sections 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended and which are publicly traded as long as Executive’s investment amounts to less than ten (10%) percent of the equity in such entity; and
(b) Any securities of a partnership, trust, corporation or other person not registered as set forth in Section 2.3.4(a) above so long as such entity is not, directly or indirectly, in competition with ProtextEchoMetrix.
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