Employment Agreement Provision Sample Clauses

Employment Agreement Provision. [OPTION IF EMPLOYEE HAS AN EMPLOYMENT AGREEMENT] By executing this Award, you acknowledge and agree that your rights upon a termination of employment before full vesting of this Award will be determined under Section of your employment agreement with the Company and , dated as of , 20 .
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Employment Agreement Provision. By executing this Award, you acknowledge and agree that your rights upon a termination of employment before full vesting of this Award will be determined under your Employment Agreement.
Employment Agreement Provision. [OPTION IF EMPLOYEE HAS AN EMPLOYMENT AGREEMENT] By executing this Option, you acknowledge and agree that your rights upon a termination of employment before full vesting of this Option will be determined under Section of your employment agreement with the Company and , dated as of , 20 .
Employment Agreement Provision. This Award is subject to accelerated vesting on the terms and conditions described in the Employment Agreement between you and the Company, effective [ ].]
Employment Agreement Provision. [OPTION IF EMPLOYEE HAS AN EMPLOYMENT AGREEMENT] By executing this Award, you acknowledge and agree that your rights upon a termination of employment before full vesting of this Award will be determined under Section ___of your employment agreement with the Company and , dated as of ___, 20___. BY YOUR SIGNATURE BELOW, along with the signature of the Company’s representative, you and the Company agree that this Award is being made under and governed by the terms and conditions of this Award and the Plan. Commerce Energy Group, Inc. By: Name: Title: The undersigned Participant hereby accepts the terms of this Award and the Plan. By: Name of Participant: EXHIBIT A COMMERCE ENERGY GROUP, INC. 2006 STOCK INCENTIVE PLAN Plan Document EXHIBIT B COMMERCE ENERGY GROUP, INC. 2006 STOCK INCENTIVE PLAN Plan Prospectus EXHIBIT C COMMERCE ENERGY GROUP, INC. 2006 STOCK INCENTIVE PLAN Form of Stock Appreciation Rights Exercise Attention: Commerce Energy Group, Inc. 2006 Stock Incentive Plan Committee 600 Xxxxx Xxxxxxxxx Costa Mesa, California 92626 Dear Sir or Madam: The undersigned elects to exercise his/her Stock Appreciation Rights with respect to ___ shares of Common Stock of Commerce Energy Group, Inc. (the “Company”) under and pursuant to an SAR Agreement dated as of . The undersigned recognizes and agrees that the Company will satisfy its obligations arising from this exercise notice through issuing shares of its Common Stock, with the name or names to be on the stock certificate or certificates and the address and Social Security Number of such person(s) to be as follows: Name: Address: Social Security Number Very truly yours, Date SAR Holder EXHIBIT D COMMERCE ENERGY GROUP, INC. 2006 STOCK INCENTIVE PLAN Designation of Beneficiary In connection with Award Agreements between Commerce Energy Group, Inc. (the “Company”) and , an individual residing at (the “Recipient”), the Recipient hereby designates the person specified below as the beneficiary of the Recipient’s interest in Awards as defined in the Company’s 2006 Stock Incentive Plan (the “Plan”). This designation shall remain in effect until revoked in writing by the Recipient. Name of Beneficiary: Address:

Related to Employment Agreement Provision

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • Severance Agreement Any payments of compensation made pursuant to Articles 4 and 5 are contingent on Executive executing the Company’s standard severance agreement, including a general release of the Company, its owners, partners, stockholders, directors, officers, employees, independent contractors, agents, attorneys, representatives, predecessors, successors and assigns, parents, subsidiaries, affiliated entities and related entities, and on Executive’s continued compliance with Section 6. Executive must execute the standard severance agreement and release within 45 days of being provided with the document to sign or the severance agreement offer will expire.

  • Noncompetition Agreement In consideration for this Agreement, the Executive will execute, concurrent with the execution of this Agreement, a noncompetition agreement with the Company; provided, however, that if the Executive has an existing noncompetition agreement with the Company, the Company, rather than entering into a new noncompetition agreement with the Executive, may instead, as a condition to entering into this agreement, require that the Executive acknowledge and affirm his continuing obligations under such existing noncompetition agreement and re-affirm his agreement to honor the obligations as set forth in that document.

  • Non-Competition Agreement (a) Subject to Sections 5(d) and (f) and Section 12, Employee will not, during the period of his employment by or with the Company, and for a period of two (2) years immediately following the termination of his employment with the Company, for any reason whatsoever, directly or indirectly, for himself or on behalf of or in conjunction with any other person, company, partnership, corporation, business or entity of whatever nature:

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

  • Termination Agreement 8.01 Notwithstanding any other provision of this Agreement, WESTERN, at its sole option, may terminate either a Purchase Order or this Agreement at any time by giving fourteen (14) days written notice to CONSULTANT, whether or not a Purchase Order has been issued to CONSULTANT.

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