Alamosa definition
Examples of Alamosa in a sentence
Alamosa hereby employs Employee, and Employee hereby accepts employment with Alamosa, in the position and with the duties and responsibilities set forth below and upon such other terms and conditions as are hereinafter stated.
Further, the amount of any payment shall not be reduced by any compensation earned by Employee as the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by Employee to Alamosa, or otherwise.
The Parties agree that Alamosa has a legitimate interest in protecting the Confidential Information, as defined below, and is entitled to protection of its interests in the Confidential Information.
Alamosa will also reimburse Employee for the cost of the Employee's annual physical exams performed during the Term by a physician chosen by Employee.
The respective rights and obligations of the Parties under this Agreement shall survive any termination of Employee's employment with Alamosa.
Employee shall be entitled to select (and change, to the extent permitted under any applicable law) a beneficiary or beneficiaries to receive any compensation or benefit payable under this Agreement following Employee's death by giving Alamosa written notice thereof.
The Parties further agree that in the event of a violation of this covenant against non-use and non-disclosure of Confidential Information, Alamosa shall be entitled to a recovery of damages from Employee and/or an injunction against Employee for the breach or violation or continued breach or violation of this covenant.
During the Term, Employee shall be entitled to participate in all life insurance, short-term and long-term disability, accident, health insurance and savings/retirement plans that are applicable to Alamosa employees generally or to the senior executives of Alamosa.
The amount of the annual bonus payable shall be determined in accordance with the terms of the applicable Alamosa bonus plan, but in no case shall exceed 200% of the target for the annual bonus.
To the extent that directors' and officers' liability insurance is obtainable on commercially economic terms, Alamosa shall cause Employee to be covered, during the Term and after the Term in respect of claims arising from any such service during the Term, by such insurance on terms no less favorable than the directors' and officers' liability insurance maintained by Alamosa as in effect on the date of this Agreement in terms of coverage, limits and reimbursement of defense costs.