Contract Period definition
Examples of Contract Period in a sentence
The Employer may terminate the Executive without Cause during the Contract Period by providing the Executive four weeks’ written notice prior to terminating the Executive.
During the Contract Period, the Executive shall be entitled to reimbursement for all business expenses incurred by the Executive with respect to the business of the Employer in the same manner and to the same extent as such expenses were previously reimbursed to the Executive immediately prior to the Change in Control.
During the Contract Period, if the Executive becomes disabled within the meaning of the Social Security Act, the Employer may terminate the Executive’s employment; in which event, the Executive shall not be entitled to any further benefits under this Agreement other than payments under any disability policy which the Employer may maintain that covers the Executive.
During the Contract Period, the Executive may resign within ninety (90) days following the initial occurrence of a condition constituting a Good Reason upon giving four weeks' prior written notice to the Employer specifying the condition constituting Good Reason.
The date of termination of employment for Good Reason shall be no later than twenty-four months following commencement of the Contract Period.