Employment of Xxxxxxx Sample Clauses

Employment of Xxxxxxx. Xxxxxxx shall continue to be employed as an employee, based at the corporate offices of Story, with the title of Managing Director of Story. Xxxxxxx shall have such responsibilities, obligations and rights as determined by the Board of Directors of Story. On the day-to-day decisions, Xxxxxxx shall report to the Chairman of the Board. 5.2
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Employment of Xxxxxxx. From the date hereof until the later of the Closing Date or the termination of the this Agreement, Seller agrees to hire one representative of Buyer (initially Xxxxx Xxxxxxx) as a full-time employee of Seller at entry level wage (“Xxxxxxx”). Buyer may, at its election, provide additional compensation to Xxxxxxx at its sole cost. Seller further agrees to provide general training to Xxxxxxx in all aspects of the Business. Buyer and Xxxxxxx agree that they will not disclose the purpose of Xxxxxxx’x employment with Seller to any other Employee prior to the Closing Date. Buyer agrees to indemnify and hold harmless Seller from and against any and all debts, obligations, losses, liabilities or expenses (including, without limitation, court costs, legal fees, interest and penalties) incurred directly or indirectly by Seller as a result of or arising out of any act or omission of Xxxxxxx contrary to the instructions of his supervisors. As a condition of hiring Xxxxxxx, Seller may require Xxxxxxx to sign a confidentiality agreement in form and content reasonably satisfactory to Seller and its counsel.
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Employment of Xxxxxxx. At the Closing, Xxxxxxx shall enter into an Employment Agreement to the extent provided in the NBS Purchase Agreement.
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Employment of Xxxxxxx. The Company agrees to employ Xxxxxxx and Xxxxxxx --------------------- agrees to render services to the Company for the period stated in paragraph 2(a) below and upon the other terms and conditions hereinafter provided.
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Employment of Xxxxxxx. OnHealth shall employ Xxxxxxx, and Xxxxxxx shall serve as an employee of OnHealth, on the terms and conditions in this Agreement.
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Employment of Xxxxxxx. Griffon hereby employs Xxxxxxx, and Xxxxxxx hereby accepts employment with Griffon, in the positions and with the duties and responsibilities set forth below and upon such other terms and conditions as are hereinafter stated. Xxxxxxx shall render services to Griffon principally at Griffon’s corporate headquarters, but he shall do such traveling on behalf of Griffon as shall be reasonably required in the course of the performance of his duties hereunder.
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Employment of Xxxxxxx. On the Closing Date, Purchaser shall retain Xxxxxxx as the President of ECCO, on such terms and conditions as shall be mutually agreeable to the parties. The employment of Xxxxxxx shall be at his current compensation, and will include all of the benefits and the car allowance currently provided as set forth on SCHEDULE 4.21, and shall be on an "at will" basis. In connection with such employment, at the Closing Xxxxxxx will enter into the Restrictive Covenant Agreement with the Purchaser and ECCO in the form annexed hereto as EXHIBIT "H".
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Employment of Xxxxxxx 
Sample 1

Related to Employment of Xxxxxxx

  • Employment and Term of Employment Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, as Vice President, Preclinical Research and Development for a term (the "Term of Employment") beginning on the date first set forth above (the "Effective Date") and ending on the Expiration Date (defined below). As used in this Agreement, "Expiration Date" means the first anniversary of the Effective Date, provided that on each anniversary of the Effective Date (each such anniversary being referred to as a "Renewal Date"), the Expiration Date shall be automatically extended one additional year unless, not less than 10 days prior to the relevant Renewal Date, (i) either party shall have given written notice to the other that no such automatic extension shall occur after the date of such notice or (ii) either party shall have given a Notice of Termination to the other pursuant to Section 5 hereof. Notwithstanding the foregoing, if either party gives a valid Notice of Termination pursuant to Section 5 hereof, the Term of Employment shall not extend beyond the termination date specified in such Notice of Termination.

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Terms of Employment This Section 2 sets forth the terms and conditions on which the Company agrees to employ Executive during the period (the “Protected Period”) beginning on the first day during the Term of this Agreement on which a Change of Control occurs and ending on the second anniversary of that date, or such earlier date as Executive’s employment terminates as contemplated by Section 3.

  • Employment and Termination Neither the Plan, this Agreement nor any related documents, communications or other material shall give Employee the right to continued employment by BellSouth or by any Subsidiary or shall adversely affect the right of any such company to terminate Employee's employment with or without cause at any time.

  • Commencement of Employment 2.1 The Employment will start on 28 April 2003 (the “Commencement Date”). The Employment will continue until termination in accordance with the provisions of this agreement.

  • Acceptance and Term of Employment The Company agrees to employ Executive and Executive agrees to serve the Company on the terms and conditions set forth herein. The Term of Employment hereunder shall commence on the Effective Date and shall continue until terminated as provided in Section 8 hereof.

  • Employment Relations The Company is in compliance with all Federal, state or other applicable laws, domestic or foreign, respecting employment and employment practices, terms and conditions of employment and wages and hours, and has not and is not engaged in any unfair labor practice.

  • Employment at Will Nothing in this Agreement or in the Plan shall confer upon Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Participant) or of Participant, which rights are hereby expressly reserved by each, to terminate Participant’s Service at any time for any reason, with or without cause.

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date.

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