Agreement Term definition
Examples of Agreement Term in a sentence
For the avoidance of doubt, all Annual Base Salary and/or Annual Performance Bonus compensation earned by Employee during the Agreement Term that has not been tendered prior to the effective date of any termination of this Agreement, if any, shall be timely tendered to Employee by Employer in the manner provided for under this Agreement.
Said review shall be conducted in respect of like-sized companies operating in similar industries as the Company and the Board, in its sole and absolute discretion, may elect to phase in any additional market adjustments with respect to Employee’s compensation over the Agreement Term.
Notwithstanding anything to the contrary herein, Employee’s employment shall remain “at will” throughout the Agreement Term, and may be terminated at any time in accordance with Section 13.
Except as otherwise provided in Paragraph 5 below, during the Agreement Term Executive’s monthly base salary shall remain as it is on the Effective Date.
During the Grant Term, the Company shall give the EIC notice of any material change in the nature of the operations conducted in connection with the Project, and during the remainder of the Agreement Term, the Company shall give the EIC written notice of any failure to maintain Project operations at the Facility, each within thirty (30) days following the occurrence of such event.