Novelion definition
Examples of Novelion in a sentence
Each year so long as you are providing management services, you will be entitled to reimbursement for your reasonable expenses up to a maximum of USD $5,000 for an independent tax consultation regarding the Canadian tax implications of your work on behalf of Novelion Services in Canada and/or preparation of your Canadian tax return.
You acknowledge that travel will be required in connection with your employment, including commuting on a regular basis to such locations in Canada as are required for Novelion Services to provide its management services to Novelion Canada and its Canadian Affiliates.
Novelion Services will credit you with this time for purposes of its vacation policy.
Novelion Services will pay the reasonable costs associated with obtaining a permit to work in Canada.
Any vacation time that you have accrued under Aegerion’s vacation policy as of the Commencement Date, but not used as of such date, will be “rolled over” to Novelion Services.
As described below, under the Master Service Agreement between Novelion Canada and Novelion Services that will be entered into on or about the completion date of the Merger, as amended from time to time (the “Service Agreement”) you may also be required to perform services to Novelion Canada and other Affiliates of Novelion Canada, including holding an office in Novelion Canada.
By accepting this offer, you consent to the rollover of this vacation time and acknowledge and agree that you are not entitled to any payment for this vacation time in connection with the transfer of your employment from Aegerion to Novelion Services.
In the Aegerion Agreement, references to the “Company” or “Aegerion” (or any other references indicating your employer) will be deemed to be references to Novelion Services, references to the “Board” will be deemed to be references to the Board of Directors of Novelion Services, and references to the “Agreement” or the “Employment Agreement” (or any other references to the terms and conditions of your employment) will mean the Aegerion Agreement as modified and supplemented by this letter.
For certainty, you will be an employee of Novelion Services and not an employee of Novelion Canada, and when you provide services to Novelion Canada you will be doing so as an employee of Novelion Services in the context of certain management services it provides to Novelion Canada under the Service Agreement.
You will report to the Chief Executive Officer of Novelion Services.