X-Stream definition
Examples of X-Stream in a sentence
All such amounts shall be payable to Executive within ten (10) days of the effective date of termination of Executive’s employment with XStream.
Please note that our XStream TV DTAs and whole home DVR products can only work with MoCa modems, which cannot be purchased at retail, but can be leased or purchased from us.
XStream further agrees that, in the event of a sale of assets or liquidation as described in the preceding sentence, it shall take whatever action it reasonably can in order to cause such assignee or transferee to expressly assume the liabilities, obligations and duties of XStream hereunder.
Executive acknowledges and agrees that any breach or threatened breach of Section 1(A), 9, 10, 11 or 12 will result in irreparable damage to XStream and, accordingly, XStream may obtain injunctive relief, a decree of specific performance and/or any other equitable relief for any breach or threatened breach of Sections 1(A), 9, 10, 11 or 12, in addition to any other remedies available to XStream, without being required to show any actual damage, or to post an injunction bond.
XStream, effective immediately upon written notice to Executive, shall have the right to terminate Executive’s employment with XStream at any time, for Cause (as defined below).
The Employee is expected to work a minimum of 40 hours per week and devote his full time and attention to the operations of XStream.
Executive shall receive all Base Salary, Annual Bonus (if already awarded), Stock Options, Business Expenses and Benefits which are due, have accrued, or will otherwise become due or accrue for a period of six months (as if Executive’s employment with XStream was not prematurely terminated).
XStream shall advance to the Executive all reasonable costs and expenses incurred by Executive in connection with a Proceeding within twenty (20) days after receipt by XStream of a written request for such advance.
Upon termination of this Agreement the Employee or the Employee's representative shall execute and deliver to XStream on a form prepared by XStream, a release of all claims except such claims as may have been submitted pursuant to the terms of this Agreement and which remain unpaid, and, shall forthwith tender to XStream all records, manuals and written procedures, as may be desired by it for the continued conduct of its business.
Executive’s obligations under Sections 1(A), 9, 10, 11, 12, 15 and 17 shall remain in full force and effect for the entire period provided in such Sections, notwithstanding the expiration or termination of Executive’s employment with XStream.