Aptimus definition
Examples of Aptimus in a sentence
Aptimus may terminate Employee's employment at any time with or without Cause and without notice.
Aptimus and Employee intend this Agreement to be governed by and enforced to the greatest extent permitted by the laws of the State of Washington without regard to its conflict of law principles to the contrary.
Employee is a valued member of Aptimus' senior management team whose continued diligence and best efforts in the execution of Employee's duties Aptimus wishes to incentivise and encourage.
At his election, Employee may continue to participate in Aptimus' medical and dental benefit plans governed by the Comprehensive Omnibus Budget Reconciliation Act ("COBRA") for the time period provided in COBRA.
Aptimus has been acquired by Apollo through the merger of Aptimus into a wholly-owned Apollo subsidiary (the “Merger”) pursuant to the Agreement and Plan of Merger, by and among Apollo Group, Inc., Asteroid Acquisition Corporation and Aptimus (the “Merger Agreement”).
Upon Employee's termination of his employment for Good Reason within one (1) year from the subject Change in Control event, Aptimus shall continue to pay Employee his base salary for the period described in Section 3(c) hereof.
Upon termination of Employee's employment by Aptimus in the event of a Change in Control, Aptimus shall continue to pay Employee his base salary for the period described in Section 3(c) hereof; provided, however, that no such severance shall be due in the event such termination is for Cause.
Employee may terminate his employment at any time with or without Cause upon ten- (10-) business days prior written notice to Aptimus; provided that no such notice must be given, but in such event Employee's then accrued but unused vacation pay, or if accrued vacation pay is insufficient, the severance payment herein contemplated, shall be reduced by a number equal to the difference between the required notice period and the actual number of business days notice given by Employee, if any.
Aptimus shall pay the cost of such coverage at the level in effect for Employee as of the effective date of termination during the Severance Period.
Aptimus employment of Employee is on an "at will" basis and nothing in this Agreement shall be interpreted or construed as a promise or contract of employment for a particular term or period.