Executives definition
Examples of Executives in a sentence
For avoidance of doubt, (x) if the termination is effective on the last day of fiscal year, then the year then ending shall be the Base Year, (y) the Severance shall not include any equity grants, and (z) the Annual Bonus shall be paid only if, and to the extent, the continuing Executives receive their Annual Bonus based on the then existing performance criteria.
Executive shall be entitled to receive such benefits as medical, dental, life, accident and disability insurance, to the same extent and for as long as the Company or an Affiliate maintains such plans for its other senior Executives, provided however that such plans will not be intended to be discriminatory among the Executives.
To the extent that any Work Product does not constitute "work made for hire" Executive irrevocably assigns to the Company and its successors and assigns for no additional consideration, Executive's entire right, title, and interest in and to the Work Product and all Intellectual Property Rights therein, including the right to sue, counterclaim, and recover for all past, present, and future infringement, misappropriation, or dilution thereof.
Notwithstanding the above, any disclosure of Confidential Information which occurs in the course of the Executive's reasonable provision of services to the Company, or which is required pursuant to any applicable law or the order of a court or any regulatory body, shall not be considered a breach of the confidentiality obligations in this Section 11.
The Executive acknowledges that he will have access to non-public information and trade secrets relating to the Company, including but not limited to Company's business, plans, strategy, projections, customers, vendors, policies, methods, financial or scientific data or information (including various models, reports, documents, maps, and other information required or made available to perform Executive's duties described herein) (hereinafter "Confidential Information").