SHEA definition
Examples of SHEA in a sentence
Disability shall be defined to mean the inability of SHEA ▇▇ perform his duties under this Agreement, based on injury, illness or physical or mental conditions as determined by the Company's Board of Directors, which determination must be supported by two licensed physicians, one of each selected by the Company and SHEA; ▇▇ovided, however, if the Company maintains a policy insuring against the disability of SHEA, ▇▇sability shall have the meaning ascribed in such policy.
SHEA ▇▇▇ll perform such duties as are usually performed by a President/Chief Executive Officer of a business similar in scope as the Business and such other reasonable additional duties as may be prescribed from time to time by the Company's Board of Directors, taking into account SHEA'▇ ▇▇▇cation, experience and job responsibilities.
SHEA ▇▇▇ll be eligible from time to time to receive grants of stock options, under stock option plans or otherwise, in such amounts and at such times as determined by the Board of Directors or any committee thereof.
The incentive bonus plan shall provide SHEA ▇▇▇ ability to earn a bonus based upon certain goals and objectives to be established in such incentive bonus plan.
SHEA ▇▇▇ll be reimbursed by the Company, upon presentation of adequate receipts, for all business expenses which are reasonably incurred by SHEA ▇▇ the performance of his duties under this Agreement, including but not limited to travel, cellular phone and similar expenses.
No party may assign their rights hereunder without the prior written consent of the other, except that the Company may assign its rights to any affiliate or successor entity without the consent of SHEA ▇▇▇ject to the provisions of Section 3.7 herein.
The Company shall provide health insurance for SHEA ▇▇▇ his dependents and shall pay all premiums incurred thereby.
SHEA ▇▇▇ll be entitled to a reasonable number of discretionary paid vacation days consistent with his level of employment, duties and seniority during each twelve-month period during the term of this Agreement, but in no event less than twenty (20) days during each period.
Prior to the commencement of each fiscal year, the Board of Directors or its compensation committee, if any, shall establish in good faith a reasonable and justifiable incentive bonus plan for SHEA ▇▇▇ such fiscal year.
This Agreement shall be terminated immediately upon the death of SHEA.