Commencement of Employment Contract Clauses (25)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Commencement of Employment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Commencement of Employment. The commencement date of your employment will be on or before April 8, 2013 provided that you sign, date and return this letter and the attached Employee Inventions Assignment and Confidentiality Agreement to the Company indicating your acceptance, no later than February 20, 2013. This offer of employment will expire if not accepted by that date. In addition, you will be eligible for the following: a. Health Care Benefits. You will be eligible to participate in the Company's benefit plans in eff...ect, which will be updated from time to time, the most current implementation was January 1, 2013. b. Equity Compensation. Subject to the approval of the Company's Board of Directors or its Compensation Committee, you will be granted an option to purchase 180,000 shares of the Company's Common Stock. The exercise price per share will be equal to the fair market value per share on the date the option is granted. The option will be subject to the terms and conditions applicable to options granted under the Company's 2011 Equity Incentive Plan (the "Plan"), as described in the Plan and the applicable Stock Option Agreement. You will vest in 25% of the option shares after 12 months of continuous service, and the balance will vest in equal monthly installments over the next 36 months of continuous service, as described in the applicable Stock Option Agreement. Eligibility for equity compensation and/or participation in any stock option plan shall not be construed as any assurance of continuing employment for any particular period of time. All forms of compensation paid to you by the Company are subject to reduction to applicable withholding and payroll taxes and other deductions as required by law. View More
Commencement of Employment. The commencement date of your employment will be on or before April 8, May 21, 2013 provided that you sign, date and return this letter and the attached Employee Inventions Assignment and Confidentiality Agreement to the Company indicating your acceptance, no later than February 20, April 8, 2013. This offer of employment will expire if not accepted by that date. In addition, you will be eligible for the following: a. Health Care Benefits. You will be eligible to participate in the Company's ben...efit plans in effect, which will be updated from time to time, the most current implementation was January 1, 2013. b. Equity Compensation. Subject to the approval of the Company's Board of Directors or its Compensation Committee, you will be granted an option to purchase 180,000 150,000 shares of the Company's Common Stock. The exercise price per share will be equal to the fair market value per share on the date the option is granted. The option will be subject to the terms and conditions applicable to options granted under the Company's 2011 Equity Incentive Plan (the "Plan"), as described in the Plan and the applicable Stock Option Agreement. You will vest in 25% of the option shares after 12 months of continuous service, and the balance will vest in equal monthly installments over the next 36 months of continuous service, as described in the applicable Stock Option Agreement. Eligibility for equity compensation and/or participation in any stock option plan shall not be construed as any assurance of continuing employment for any particular period of time. All forms of compensation paid to you by the Company are subject to reduction to applicable withholding and payroll taxes and other deductions as required by law. law, 4. Employee Inventions Assignment and Confidentiality Agreement. As a condition of your employment, you are required to sign and return the attached Employee Inventions Assignment and Confidentiality Agreement ("EIAC Agreement"). Your execution of this letter shall be deemed to be your agreement to and acceptance of the attached EIAC Agreement even if for any reason you do not sign such EIAC Agreement. In addition, the existence and terms of this offer are confidential. View More
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Commencement of Employment. Your employment with the Company as CEO commenced February 9, 2018, and this Agreement shall become effective on December 24, 2018 (the "Effective Date").
Commencement of Employment. Your employment with the Company as CEO COO commenced February 9, 2018, and this Agreement Agreement, shall become effective on December 24, 26, 2018 (the "Effective Date").
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