Examples of Inland Management in a sentence
Executive is also eligible for the benefit plans and employment policies offered by Inland Management, or by Inland REIT prior to a Triggering Event, to other senior level executives, under the same terms and conditions offered to senior level executives, subject to and on a basis consistent with the terms, conditions, and overall administration of such benefit plans.
Executive’s participation in employee benefit plans of Inland Management or Inland REIT will be governed by the terms of those plans then in effect.
Inland Management can terminate Executive’s employment and the Term immediately upon notice to him if such termination of employment is for Cause.
Notwithstanding the foregoing, Inland Management following a Triggering Event, or Inland REIT prior to a Triggering Event, may change, amend, or discontinue any employee benefit plans and policies at any time in its sole discretion.
All payments required to be made to Executive under this Agreement shall be subject to withholding of amounts relating to income tax, excise tax, employment tax and other payroll taxes to the extent Inland Management determines is required to be withheld pursuant to applicable law or regulation.
The term of this Agreement (the “Term”) begins on the Start Date and will end, along with Executive’s employment with Inland Management, on the earliest to occur of the following events.
If Executive’s employment is terminated by Inland Management without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to 2 times the sum of (i) Executive’s Base Salary and (ii) Executive’s Target Bonus for the year in which termination occurs.
Inland Management can terminate Executive’s employment and the Term without Cause by providing 60 days’ advance written notice to Executive of such intent, with the last day of Executive’s employment being the end of such 60- day notice period.
Inland Management can terminate Executive’s employment and the Term without Cause by providing 60 days’ advance written notice to Executive of such intent, with the last day of Executive’s employment being the end of such 60-day notice period.
Initially, Inland Management shall provide property management services with respect to each Existing Portfolio Project pursuant to an existing Property Management Agreement.