Counterparts Clause Example with 4 Variations from Business Contracts

This page contains Counterparts clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 16 WHEREAS, this Agreement is effective as of the Effective Date set forth above. EXECUTIVE /s/ Michael H. Jenkins Michael H. Jenkins ORION ENERGY SYSTEMS, INC. By: /s/ Michael W. Altschaefl Michael W. Altschaefl Board Chair and Chief Executive Officer 17 EXHIBIT A B...enefits and Perquisites* * Note: The listed benefits and perquisites are in addition to those generally made available to all other senior executives of Orion under Orion’s employee benefit plans (other than annual and long-term incentive plans, which are addressed in Section 3 of the Agreement) as in effect from time to time. Executive is entitled to participate in such benefit plans on the same basis as those benefits are generally made available to other senior executives of Orion. Currently, such company-wide benefits include: (i) 401(k) Plan; (ii) group short term disability insurance; and (iii) group health and prescription drug insurance. Benefit Amount 1. Term Life Insurance $1,000,000 (face value) 2. Health/Prescription Drug Reimbursement Reimbursed by Company Per Current Practice 3. Group Long Term Disability Insurance Reimbursed by Company Per Current Practice 4. Automobile Allowance $1,000 per month, plus mileage from your home to the Company’s Manitowoc headquarters will be a reimbursable business expense at the then current IRS standard mileage reimbursement rate. View More

Variations of a "Counterparts" Clause from Business Contracts

Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 16 17 WHEREAS, this Agreement is effective as of the Effective Date set forth above. EXECUTIVE /s/ Michael H. Jenkins Michael H. Jenkins Scott Green Name: Scott Green ORION ENERGY SYSTEMS, INC. By: /s/ By:/s/ Michael W. Altschaefl Michael W. Altschaefl Board Chair and Chief Executive Officer 17 EXHIBIT A Benefits and Perquis...ites* * Note: The listed benefits and perquisites are in addition to those generally made available to all other senior executives of Orion under Orion’s employee benefit plans (other than annual and long-term incentive plans, which are addressed in Section 3 of the Agreement) as in effect from time to time. Executive is entitled to participate in such benefit plans on the same basis as those benefits are generally made available to other senior executives of Orion. Currently, such company-wide benefits include: (i) 401(k) Plan; (ii) group short term disability insurance; and (iii) group health and prescription drug insurance. Benefit Amount 1. Term Life Insurance $1,000,000 (face value) 2. Health/Prescription Drug Reimbursement Reimbursed by Company Per Current Practice 3. Group Long Term Disability Insurance Reimbursed by Company Per Current Practice 4. Automobile Allowance $1,000 per month, plus mileage from your home to the Company’s Manitowoc headquarters will be a reimbursable business expense at the then current IRS standard mileage reimbursement rate. month View More
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 16 WHEREAS, this Agreement is effective as of the Effective Date set forth above. EXECUTIVE /s/ Michael H. Jenkins Michael H. Jenkins William T. Hull Name: William T. Hull ORION ENERGY SYSTEMS, INC. By: /s/ By:/s/ Michael W. Altschaefl Michael W. Altschaefl Board Chair and Chief Executive Officer 17 EXHIBIT A Benefits and Pe...rquisites* * Note: The listed benefits and perquisites are in addition to those generally made available to all other senior executives of Orion under Orion’s employee benefit plans (other than annual and long-term incentive plans, which are addressed in Section 3 of the Agreement) as in effect from time to time. Executive is entitled to participate in such benefit plans on the same basis as those benefits are generally made available to other senior executives of Orion. Currently, such company-wide benefits include: (i) 401(k) Plan; (ii) group short term disability insurance; and (iii) group health and prescription drug insurance. Benefit Amount 1. Term Life Insurance $1,000,000 (face value) 2. Health/Prescription Drug Reimbursement Reimbursed by Company Per Current Practice 3. Group Long Term Disability Insurance Reimbursed by Company Per Current Practice 4. Automobile Allowance $1,000 per month, plus mileage from your home to the Company’s Manitowoc headquarters will be a reimbursable business expense at the then current IRS standard mileage reimbursement rate. month View More
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 16 WHEREAS, this Agreement is effective as of the Effective Date set forth above. EXECUTIVE /s/ Michael H. Jenkins Michael H. Jenkins J. Per Brodin Name: J. Per Brodin ORION ENERGY SYSTEMS, INC. By: /s/ Michael W. Altschaefl Michael W. Altschaefl Board Chair and Chief Executive Officer 17 EXHIBIT A Benefits and Perquisites* ...* Note: The listed benefits and perquisites are in addition to those generally made available to all other senior executives of Orion under Orion’s employee benefit plans (other than annual and long-term incentive plans, which are addressed in Section 3 of the Agreement) as in effect from time to time. Executive is entitled to participate in such benefit plans on the same basis as those benefits are generally made available to other senior executives of Orion. Currently, such company-wide benefits include: (i) 401(k) Plan; (ii) group short term disability insurance; and (iii) group health and prescription drug insurance. Benefit Amount 1. Term Life Insurance $1,000,000 (face value) 2. Health/Prescription Drug Reimbursement Reimbursed by Company Per Current Practice 3. Group Long Term Disability Insurance Reimbursed by Company Per Current Practice 4. Automobile Allowance $1,000 per month, plus mileage from your home month 18 EX-10.1 2 d43679dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 Execution Version Name of Executive: J. Per Brodin Position: Executive Vice President, Chief Financial Officer and Treasurer Fiscal Year 2021 Base Salary: $350,000 Effective Date: October 19, 2020 Pre-Change of Control Severance Multiplier is: 1x Post-Change of Control Severance Multiplier is: 2x EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT This Executive Employment Agreement (“Agreement”) is between the executive named above (“Executive”) and Orion Energy Systems, Inc. (“Orion” or the “Company”) effective as of the effective date set forth above (“Effective Date”). WHEREAS, Orion desires to employ Executive (by itself or through one of its affiliates, and “Orion” shall be deemed to include any such affiliate, if applicable, when used herein), and Executive desires to be employed by Orion under the terms and conditions set forth herein. NOW, THEREFORE, for good and valuable consideration, the parties agree as follows: 1. Effective Date; Term. This Agreement shall become effective on the Effective Date and continue until terminated as set forth in Section 4 hereof. Termination of this Agreement will not affect the rights or obligations of the parties hereunder arising out of, or relating to circumstances occurring prior to the Company’s Manitowoc headquarters termination of this Agreement, which rights and obligations will be a reimbursable business expense at survive the then current IRS standard mileage reimbursement rate. termination of this Agreement. View More
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 16 WHEREAS, this Agreement is effective as of the Effective Date set forth above. EXECUTIVE /s/ Michael /s/Michael H. Jenkins Michael Name:Michael H. Jenkins ORION ENERGY SYSTEMS, INC. By: /s/ Michael W. Altschaefl Michael W. Altschaefl Board Chair and Chief Executive Officer 17 EXHIBIT A Benefits and Perquisites* * Note: Th...e listed benefits and perquisites are in addition to those generally made available to all other senior executives of Orion under Orion’s employee benefit plans (other than annual and long-term incentive plans, which are addressed in Section 3 of the Agreement) as in effect from time to time. Executive is entitled to participate in such benefit plans on the same basis as those benefits are generally made available to other senior executives of Orion. Currently, such company-wide benefits include: (i) 401(k) Plan; (ii) group short term disability insurance; and (iii) group health and prescription drug insurance. Benefit Amount 1. Term Life Insurance $1,000,000 (face value) 2. Health/Prescription Drug Reimbursement Reimbursed by Company Per Current Practice 3. Group Long Term Disability Insurance Reimbursed by Company Per Current Practice 4. Automobile Allowance $1,000 per month, plus mileage from your home month 5. Tax Preparation Fee Reimbursed by Company Per Current Practice 6. Annual Executive Physical Reimbursement Reimbursed by Company 18 EX-10.1 2 d152064dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 Execution Version Name of Executive: Michael H. Jenkins Position: Executive Vice President and ChiefOperating Officer $365,000 November 11, 2021 Fiscal Year 2022 Base Salary: Effective Date: Pre-Change of Control Severance Multiplier is: 1x Post-Change of Control Severance Multiplier is: 2x EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT This Executive Employment Agreement (“Agreement”) is between the executive named above (“Executive”) and Orion Energy Systems, Inc. (“Orion” or the “Company”) effective as of the effective date set forth above (“Effective Date”). WHEREAS, Orion desires to employ Executive (by itself or through one of its affiliates, and “Orion” shall be deemed to include any such affiliate, if applicable, when used herein), and Executive desires to be employed by Orion under the terms and conditions set forth herein. NOW, THEREFORE, for good and valuable consideration, the parties agree as follows: 1. Effective Date; Term. This Agreement shall become effective on the Effective Date and continue until terminated as set forth in Section 4 hereof. Termination of this Agreement will not affect the rights or obligations of the parties hereunder arising out of, or relating to circumstances occurring prior to the Company’s Manitowoc headquarters termination of this Agreement, which rights and obligations will be a reimbursable business expense at survive the then current IRS standard mileage reimbursement rate. termination of this Agreement. View More