Unless Employee definition

Unless Employee s employment hereunder is terminated earlier pursuant to Section 5 of this Agreement, Employee's employment hereunder shall begin on the date hereof and shall expire two (2) years from the date hereof, provided that upon the expiration of the first two (2) years of such employment, the Employee's employment hereunder shall continue for additional consecutive extension terms of one (1) year each until either party gives notice of termination to the other at least one hundred eighty (180) days prior to end of the then current term. The term of employment described in the immediately preceding sentence, including any extensions but without giving effect to any earlier termination provided for under Section 5 of this Agreement, is hereinafter described as the "Contract Term." The period of time during which the Employee actually is employed hereunder, giving effect to any termination of employment under Section 5 of this Agreement, is hereinafter described as the "Term."
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Unless Employee s employment has earlier terminated pursuant to the terms of Paragraph 5 of this Agreement, this Agreement shall automatically renew following the Term for successive terms of one year each (each called a "Renewal Term") unless the Corporation provides Employee thirty (30) days advance written notice prior to the expiration of the Term or Renewal Term that this Agreement shall not be renewed. During any Renewal Term, this Agreement may be terminated pursuant to the terms of Paragraph 5 of this Agreement.
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Unless Employee s employment shall sooner terminate pursuant to Sections 7 or 8 hereof, the term of employment under this Agreement shall commence on May 1, 2001 (the "Commencement Date") and shall continue through April 30, 2002 (such initial one-year term, together with any extensions thereof in accordance with the next sentence of this Section 2 referred to as the "Term"). The initial term of Employee's employment hereunder shall thereafter be deemed to be automatically extended, upon the same terms and conditions, for successive periods of one (1) year each until either party to this Agreement gives the other written notice of termination of employment or until the death of Employee. The period commencing on the Commencement Date and ending on the date of termination of Employee's employment or the death of Employee shall be referred to as the "Employment Period."
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Examples of Unless Employee in a sentence

  • Unless Employee terminates this Agreement within thirty (30) days of learning from any source that the Company has acted so as to provide Good Reason for Employee to terminate this Agreement, and gives thirty (30) days' written notice of such termination, Employee's right to receive severance compensation pursuant to Paragraph 11.4 for such event shall be forever lost.

  • Unless Employee has made separate arrangements satisfactory to the Company, the Company may elect to withhold shares deliverable in settlement of the Units having a fair market value (as determined by the Committee) equal to the amount of such tax liability required to be withheld in connection with the settlement of the Units, but the Company shall not be obligated to withhold such Shares.

  • Unless Employee has entered into an express written agreement signed by an officer of the Company which explicitly alters the at-will relationship, Employee’s employment relationship with the Company is at will and it is not for any fixed term or duration.

  • Unless Employee and the Company agree on an alternative accounting firm, the accounting firm engaged by the Company for general tax compliance purposes as of the day prior to the effective date of the Change in Control shall perform the foregoing calculations.

  • Unless Employee shall have given prior written notice specifying a different order to the Company to effectuate the Limited Benefit Amount, any such notice consistent with the requirements of Section 409A of the Code to avoid the imputation of any tax, penalty or interest thereunder, the Company shall reduce or eliminate the Benefits by first reducing or eliminating amounts which are payable from any cash severance, then from any payment in respect of an equity award that is not covered by Treas.

  • Unless Employee satisfies any such tax withholding obligation by paying the amount in cash or by check, the Company will withhold shares of Common Stock having a Fair Market Value on the date of withholding equal to the tax withholding obligation.

  • Unless Employee otherwise consents, the headquarters for the performance, of Employee’s services shall be the principal executive offices of the Company and /or the Denver area, subject to such reasonable travel as may be appropriate or required in the performance of Employee’s duties in the business of the Company.

  • Unless Employee otherwise consents, the headquarters for the performance of Employee's services shall be the principal executive offices of the Company in the Denver, Colorado area, subject to such reasonable travel as may be appropriate or required in the performance of Employee's duties in the business of the Company.

  • Unless Employee otherwise agrees in writing, Employee shall be given three months' notice by Employer of any salary reduction.

  • Unless Employee is a “specified employee” (as determined in accordance with Internal Revenue Code Section 409A), the benefit payable pursuant to this paragraph 3(e) shall be payable in equal biweekly installments over the 12 month period that begins on the first day of the month following Employee’s termination.


More Definitions of Unless Employee

Unless Employee s employment is sooner terminated in accordance with the provisions hereof, the term of employment shall extend from the date hereof until February 28, 1998.
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Unless Employee s employment is terminated at an earlier date pursuant to Section 8 hereof, this Agreement shall continue in full force and effect through the second anniversary of the Original Date and from year to year thereafter subject to the right of Employee or the Company to terminate this Agreement as of the second anniversary date or any subsequent anniversary date by written notice given to the other party at least 60 days prior to such anniversary date. Termination of this Agreement by either party in accordance with the preceding sentence shall not require a statement of the reason therefor.
Sample 1

Related to Unless Employee

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Retired Employee means an employee of the state who retired after April 29, 1971,

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Relevant Employee means the Previous Contractor Employees, the Previous Contractor Third Party Employees and Previous Contractor Sub-contractor Employees;

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Owner-Employee means a Self-Employed Individual who is a partner and owns more than 10% of either the capital or profits interest of the partnership.

  • Part-time employee means an employee who is normally required to work less than the basic hours of work.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Regular Part-Time Employee means an employee who is appointed to a regularly scheduled position but works less than full-time. A regular part-time employee is entitled to all benefits outlined in the agreement on a pro rata basis, except where otherwise specified.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.