Destia definition
Examples of Destia in a sentence
Such opinion shall be rendered to you at the request of Destia and shall so state therein.
Any bonus in excess of the aforementioned amounts shall be paid at the sole discretion of the Board of Directors of Destia and shall be made to the extent, at such time and in such amount as determined by the Board of Directors of Destia in its sole discretion.
Executive acknowledges that, unless Destia otherwise agrees in writing, all such Work Product and business opportunities shall be owned by and belong exclusively to Destia and that he shall have no personal interest therein.
Executive and Destia further agree that upon any termination of Executive's employment in accordance with the terms hereof, each of Executive and Destia shall act in good faith in connection with any such termination and neither Executive nor Destia shall disparage or otherwise defame the business reputation of the other party hereto.
Executive shall be entitled to receive an annual bonus payment from Destia to be awarded and payable in accordance with Destia's bonus program for senior executives.
Nothing in this Section 15 shall be construed to limit the right of Destia to collect money damages in the event of a breach of any of the provisions of this Agreement, including, without limitation, Sections 9, 10 and 11 hereof.
If Destia does not cure the default within such time, then Executive's employment shall be deemed to have been terminated for Good Reason by Executive, thirty (30) days after receipt of such written notice by Destia, or such shorter period as Destia may elect.
Any renewal or extension of the Employment Term and this Agreement shall be subject to the mutual agreement of Executive and Destia, subject to Section 8 hereof.
Executive shall be subject to dismissal from his position as an executive of Destia at any time and with or without Cause.
Destia will reimburse Executive for all such expenses in accordance with its prevailing expense reimbursement policies upon presentation of a properly itemized account of such expenditures and the business reasons for such expenditures.