Common use of Termination of the Employment Period Clause in Contracts

Termination of the Employment Period. The employment period shall continue until the earlier of: (i) the second anniversary of the Commencement Date (the “Expected Completion Date”), (ii) the Employee’s death or Disability, (iii) the Employee resigns or (iv) the Board or its delegate determines that termination of the Employee’s employment is in the best interests of the Company (the “Employment Period”). The last day of the Employment Period shall be referred to herein as the “Termination Date.”

Appears in 2 contracts

Samples: Employment Agreement (Galaxy Dream Corp), Employment Agreement (Rc2 Corp)

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Termination of the Employment Period. The employment period (the "Employment Period") shall continue until the earlier of: earliest of (i) the second anniversary of the Commencement Date (the “Expected Completion Date”), (ii) the Employee’s 's death or Disability, (iiiii) the Employee resigns or (iviii) the Board or its delegate Top Management determines that termination of the Employee’s 's employment is in the best interests of the Company (the “Employment Period”). The last day date of the Employment Period earliest of these events shall be referred to herein as the "Termination Date").

Appears in 2 contracts

Samples: Employment Agreement (Rc2 Corp), Employment Agreement (Racing Champions Corp)

Termination of the Employment Period. The employment period shall continue until the earlier of: (i) the second fourth anniversary of the Commencement Date (the “Expected Completion Date”), (ii) the Employee’s death or Disability, (iii) the Employee resigns or (iv) the Board or its delegate determines that termination of the Employee’s employment is in the best interests of the Company (the “Employment Period”). The last day of the Employment Period shall be referred to herein as the “Termination Date.”

Appears in 2 contracts

Samples: Employment Agreement (Galaxy Dream Corp), Employment Agreement (Rc2 Corp)

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Termination of the Employment Period. The employment period Employment Period shall continue until the earlier of: (i) the second anniversary of the Commencement Date (the “Expected Completion Date”)Employee's death, (ii) the Employee’s death Employee resigns for any reason or Disability, (iii) the Employee resigns Board of Directors or (iv) the Board or its delegate Chief Executive Officer determines that termination of the Employee’s 's employment is in the best interests of the Company (the "Employment Period"). The last day of the Employment Period shall be referred to herein as the "Termination Date."

Appears in 1 contract

Samples: Employment Agreement (Rc2 Corp)

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