Employment with the Company definition

Employment with the Company as used in this Plan shall include employment or relationship as a consultant, adviser or director with the Company or any Affiliated Company in any such capacity, even if employment or engagement in another capacity ceases. Options granted under this Plan shall not be affected by an employee's transfer of employment among the Company and any one or more Affiliated Companies. An Optionee's employment with the Company shall not be deemed interrupted or terminated by a bona fide leave of absence (such as sabbatical leave or employment by the Government) duly approved, military leave or sick leave. As to consultants, advisers or other non-employee providers of services, employment with the Company shall be deemed to cease upon formal termination of the Optionee's engagement.
Employment with the Company shall include employment with any parent or subsidiary of the Company, and this Option shall not be affected by the Optionee's transfer of employment among the Company and any parent or subsidiary thereof. An Optionee's employment with the Company shall not be deemed interrupted or terminated by a bona fide leave of absence (such as sabbatical leave or employment by the Government) duly approved, military leave or sick leave. This Option shall not be affected in the event the Optionee suffers a significant diminution in his duties or any significant reduction in his overall compensation. After the death of the Optionee, his executors, administrators or personal representatives, or any person or persons to whom the Option may be transferred by will, trust or by the laws of descent and distribution, shall have the right, at any time prior to termination hereof, to exercise this Option pursuant to its terms.
Employment with the Company means employment as an employee of the Company or a Parent Entity or Subsidiary.

Examples of Employment with the Company in a sentence

  • Employment with the Company and its Affiliates is on an at-will basis only.

  • Employment with the Company for purposes of this Agreement shall include employment with any Subsidiary.

  • The Executive’s obligations under this paragraph will continue beyond the termination of the Employment with the Company, provided that the Company will reasonably compensate the Executive after such termination for time or expenses actually spent by the Executive at the Company’s request on such assistance.

  • The Executive acknowledges that copyrightable works prepared by the Executive within the scope of and during the period of the Executive’s Employment with the Company are “works for hire” and that the Company will be considered the author thereof.

  • Executive’s Employment with the Company is for no specified period and constitutes “at will” employment.


More Definitions of Employment with the Company

Employment with the Company means being an Employee, Consultant or a Director of the Company or any of its Affiliates and a change of status between being an Employee, Consultant or Director or between being an Employee, Consultant or a Director of the Company and/or any of its Affiliate(s) shall not constitute a termination of “employment with the Company”;
Employment with the Company means employment and other service with the Company, or any of its Subsidiaries or Related Companies, and “termination of employment by the Company” shall mean termination of employment and other service by the Company, or by any of its Subsidiaries or Related Companies, in each case, as the context permits.
Employment with the Company as used in this Section shall include an Executive's employment or relationship as an officer, employee, consultant or adviser with the Company or
Employment with the Company shall include employment with or service as a director of any parent or subsidiary of the Company, and this Option shall not be affected by the Optionee's transfer of employment among the Company and any parent or subsidiary thereof. An Optionee's employment with the Company shall not be deemed interrupted or terminated by a bona fide leave of absence (such as sabbatical leave or employment by the Government) duly approved, military leave or sick leave. This Option shall not be affected in the event the Optionee suffers a significant diminution in his duties or any significant reduction in his overall compensation. After the death of the Optionee, his executors, administrators or personal representatives, or any person or persons to whom the Option may be transferred by will, trust or by the laws of descent and distribution, shall have the right, at any time prior to termination hereof, to exercise this Option pursuant to its terms.
Employment with the Company shall include employment or relationship as consultant, adviser or director with the Company or any parent or subsidiary of the Company, and this Option shall not be affected by the Optionee's transfer of employment among the Company and any parent or subsidiary thereof. An Optionee's employment with the Company shall not be deemed interrupted or terminated by a bona fide leave of absence (such as sabbatical leave or employment by the Government) duly approved, military leave or sick leave. This Option shall not be affected in the event the Optionee suffers a significant diminution in his duties or any significant reduction in his overall compensation. As to consultants, advisers or other non-employee providers of services, employment with the Company shall be deemed to cease upon formal termination of the Optionee's engagement. Further, if this Option vests over time, any portion not vested at the time of termination of employment or relationship as a director or consultant with the Company shall lapse as if never granted.
Employment with the Company shall include being an employee or a director of, or a consultant to, the Company. However, if your Award is subject to Section 409A, whether your employment with the Company has terminated will be determined in accordance with the regulations issued under Section 409A that govern a “separation from service.” (ii) “Disability” means (a) your inability to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) you are, by reason of a medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan of the Company. (iii) “Normal Retirement” means you have reached the age of 62 years. 4.
Employment with the Company shall include employment with or service as an employee, officer or director of (or in the case of a consultant, adviser or agent, engagement by) any parent or subsidiary of the Company, and this Option shall not be affected by the Optionee's transfer of employment among the Company and any parent or subsidiary thereof. An Optionee's employment with the Company shall not be deemed interrupted or terminated by a bona fide leave of absence (such as sabbatical leave or employment by the Government) duly approved, military leave or sick leave. This Option shall not be affected in the event the Optionee suffers a significant diminution in his duties or any significant reduction in his overall compensation. After the death of the Optionee, his executors, administrators or personal representatives, or any person or persons to whom the Option may be transferred by will, trust or by the laws of descent and distribution, shall have the right, at any time prior to termination hereof, to exercise this Option pursuant to its terms.