JVWeb means JVWeb, Inc., a Delaware corporation.
JVWeb xxxxxx agrees to initially employ "EXECUTIVE" as its Chief Executive Officer ("C.E.O"), and "EXECUTIVE" hereby accepts such employment in accordance with the terms of this "Agreement" and the terms of employment applicable to regular employees of "JVWEB". In the event of any conflict or ambiguity between the terms of this "Agreement" and terms of employment applicable to regular employees, the terms of this "Agreement" shall prevail.
JVWeb during the term hereof. "EXECUTIVE" will sign and execute a separate Employee Stock Option Agreement, which will provide for the foregoing, as soon as "price protection" has been granted and the usual director, shareholder and regulatory approvals have been obtained. C. In addition to the foregoing, "JVWEB" shall issue a one-time only payment of Twenty-Five Thousand Dollars ($25,000.00) U.S. currency as a "Signing Bonus", within seven (7) days of the execution of the present "Agreement" or, at the earliest August 1st, 2002, whichever comes later.
Examples of JVWeb in a sentence
EXECUTIVE" shall be entitled to sick leave and emergency leave according to the regular policies and procedures of "JVWEB".
The duties of "EXECUTIVE" shall include the performance of all of the duties typical of the office held by "EXECUTIVE" as described in the bylaws of "JVWEB", if any, or as may be directed by the Board of Directors of "JVWEB".
Neither this "Agreement" nor any rights and/or interests herein stipulated and/or contained in this "Agreement" may be assigned by "EXECUTIVE" without the prior express written approval of "JVWEB", which may be withheld by "JVWEB" at "JVWEB"'s absolute discretion.
The annual renewals after July 31st, 2004 shall be at the discretion of the Board of Directors of "JVWEB" and, as well, with respect to any revisions to be made to your compensation package, based on performance.
Additional sick leave or emergency leave over and above paid leave provided by "JVWEB", if any, shall be unpaid and shall be granted at the discretion of the Board of Directors.
More Definitions of JVWeb
JVWeb shall issue a one-time only payment of Twenty-Five Thousand Dollars ($25,000.00) U.S. currency as a "Signing Bonus", within seven (7) days of the execution of the present "Agreement" or, at the earliest August 1st, 2002, whichever comes later.
JVWeb agrees to include "EXECUTIVE" in the group medical and hospital plan of "JBWEB". "EXECUTIVE" shall be responsible for payment of any Federal or Provincial income tax imposed upon these benefits. D. Expense Reimbursement. "EXECUTIVE" shall be entitled to reimbursement for all reasonable expenses, including gas, auto expenses, travel and cellular telephone expenses, incurred by "EXECUTIVE" in the performance of "EXECUTIVE"'s duties, up to a maximum of Five Thousand Dollars ($5,000.0) U.S. currency per month. "EXECUTIVE" will maintain records and written receipts as required by "JVWEB"'s policies and as may be reasonably requested by the Board of Directors to substantiate such expenses.
JVWeb. The annual renewals after July 31st, 2004 shall be at the discretion of the Board of Directors of "JVWEB" and, as well, with respect to any revisions to be made to your compensation package, based on performance. In the event that the present "Agreement" is not renewed after July 31st, 2004, the "EXECUTIVE" shall be entitled to six (6) months compensation to be paid to him on a bi-monthly basis over that period. B. In the event that this "Agreement" is terminated by "EXECUTIVE", for any reason whatsoever, "JVWEB" may immediately relieve "EXECUTIVE" of all duties and immediately terminate this "Agreement". C. In the event that "EXECUTIVE" is in breach of any material obligation owed "JVWEB" in this "Agreement", habitually neglects the duties to be performed under this "Agreement", engages in any conduct that materially injures "JVWEB" which is dishonest, damages the reputation or standing of "JVWEB", or is convicted of any criminal act or engages in any act of moral turpitude relating to duties of an Executive Officer of "JVWEB", the happening of any of which only circumstances would constitute "just cause" for termination, then "JVWEB" may terminate this "Agreement" upon five (5) days written notice to "EXECUTIVE". In event of termination of the "Agreement" pursuant to this subsection, "EXECUTIVE" shall be paid only at the then applicable base salary rate up to and including the date of termination. "EXECUTIVE" shall not be paid any incentive salary payments or other compensation, prorated or otherwise. D. In the event that "EXECUTIVE" is disabled, for any reason whatsoever, and is physically or mentally unable to perform his duties for a period of four (4) consecutive months, then the present "Agreement" may be terminated by "JVWEB" at its option.
JVWeb. JVWEB INC. 0000 Xxxx Xxxx Xxxxxx Suite 1092, Fresno, California U.S.A. 93710 Attention: Xx. Xxxx Xxxxx, President -------------------------------------------- (Fax No.: (000) 000-0000) ------- (E-mail: xxxx@xxxxxxxxxx.xxx) ------- ------------------- With a Copy to: --------------
JVWeb. SUBSIDIARY" JVWEB, INC., IQB ACQUISITION CORPORATION, a Delaware corporation a Delaware corporation By:_________________________________ By:__________________________ Greg J. Micek, President Greg J. Micek, President "XXX"
JVWeb xxxxxx agrees to initially employ "EXECUTIVE" as its President, and "EXECUTIVE" hereby accepts such employment in accordance with the terms of this "Agreement" and the terms of employment applicable to regular employees of "JVWEB". In the event of any conflict or ambiguity between the terms of this "Agreement" and terms of employment applicable to regular employees, the terms of this "Agreement" shall prevail.
JVWeb during the term hereof. "EXECUTIVE" will sign and execute a separate Employee Stock Option Agreement, which will provide for the foregoing, as soon as "price protection" has been granted and the usual director, shareholder and regulatory approvals have been obtained. 5.