OBN definition
Examples of OBN in a sentence
The company was listed in the top 15 private biotech firms globally for 2013 by Fierce Biotech and named Best Biotech Dealmaker of 2013 at the OBN Awards.
Your employment under this Agreement shall commence on April 1, 2003 (your "Commencement Date") and, unless terminated by OBN or you pursuant to paragraph 8(a), (b) or (c) shall continue through and until the third anniversary of your Commencement Date (the "Expiration Date").
This is an Agreement for the performance of personal services by you and may not be assigned by you or OBN except that OBN may assign this Agreement to any affiliated company of or any successor in interest to OBN.
Your Salary will be reviewed each January 1st during the Term, commencing January 1, 2004, and, assuming satisfactory performance, will, at that time, be increased (but not decreased) by a percentage generally consistent with OBN's then applicable compensation policies for OBN executives at comparable position and performance levels.
If your employment with OBN terminates for any reason, you shall be deemed to have resigned at that time from any and all officer or director positions that you may have held with OBN or any of its then current or previously affiliated companies and all board seats or other positions in other entities you held on behalf of OBN.
If, for any reason, this paragraph 8(g) is deemed insufficient to effectuate such resignation, you agree to execute, upon the request of OBN, any documents or instruments which OBN may deem necessary or desirable to effectuate such resignation or resignations, and you hereby authorize the Secretary and any Assistant Secretary of OBN to execute any such documents or instruments as your attorney-in-fact.
You agree that, during the Term and for one (1) year thereafter, you shall not, directly or indirectly, engage, employ or solicit the employment or consulting services of any person who is then or has been within six (6) months prior to the time of such action, an employee of OBN or any of its affiliated companies, or agree to do so.
You agree that, during the Term and for one (1) year thereafter, you shall not, in any communications with the press or other media or any customer, client or supplier of OBN or any of its affiliated companies, criticize, ridicule or make any statement which disparages or is derogatory of OBN or any of its affiliated companies or any of their respective directors or senior officers.
This paragraph 6(d) is subject to, and does not limit, restrict, or constitute a waiver by OBN or any of its affiliated companies of any ownership rights to which OBN or any of its affiliated companies may be entitled by operation of law by virtue of being your employer.
OBN will give you written notice prior to terminating your employment pursuant to (iv), (v) or (vi) of this paragraph 8(a), setting forth the nature of any alleged failure, breach or refusal in reasonable detail and the conduct required to cure.