Employment Agreement definition

Employment Agreement means, with respect to any Participant, any written employment agreement between the Corporation or an Affiliate and such Participant;

Employment Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, or contract between the Company or any Affiliate and any Employee.

Employment Agreement means a contract, offer letter or agreement of the Company or any of its Subsidiaries with or addressed to any individual who is rendering or has rendered services thereto as an employee or consultant, pursuant to which the Company or any of its Subsidiaries has any actual or contingent liability or obligation to provide compensation and/or benefits in consideration for past, present or future services.

Examples of Employment Agreement in a sentence

• The Board may, from time to time, or upon favorable consideration of a reasonable request from the Executive, modify the Executive’s Base Salary by executing an amendment or addendum to this Employment Agreement, by and between Executive and the Board.

• Effective on the Effective Date, the Company issued to the Executive an option for two million five hundred thousand (2,500,000) shares of the Company’s common stock, subject to a vesting schedule annexed to the Employment Agreement.

• The last day of the first seven calendar months during the Initial Term of the Employment Agreement, commencing on the Effective Date, shall be a “Vesting Date”.

• The Stock Option granted to Executive pursuant to the aforesaid Employment Agreement has vested in Executive the right to purchase 280,000 shares at $5.00 per share (adjusted to reflect the subsequent 1-for-10 reverse split).

• The entire unvested portion of the Option will vest on the occurrence of Xxxxx Xxxxxxx’x death or any of the following events during the Term of the Employment Agreement: any merger or consolidation in which the Company is not the surviving entity for accounting purposes, a sale of substantially all of the assets of the Company, or a transfer of ownership in a single or related transaction of sixty percent (60%) or more by voting power of the outstanding voting shares.

More Definitions of Employment Agreement

Employment Agreement means any employment, severance, consulting or similar agreement between the Company or any of its Affiliates and a Participant.

Employment Agreement means any written employment contract, consulting agreement, termination or severance agreement, change of control agreement or any other agreement, arrangement or understanding respecting the terms and conditions of employment or payment of compensation, or of a consulting or independent contractor relationship, in respect to any current or former officer, employee, consultant or independent contractor.

Employment Agreement means, as of a particular date, any employment or similar service agreement then in effect between the Grantee, on the one hand, and the Company or one of its Subsidiaries, on the other hand, as amended or supplemented through such date.

Employment Agreement has the meaning set forth in Section 2.3(b)(ii).

Employment Agreement means the contractual terms and conditions which govern the employment of the Participant by Employer.

Employment Agreement means an executed employment agreement between the Corporation and the Executive.

Employment Agreement means any individual employment agreement between you and the Company or any of its Subsidiaries.