Employment by the Company Contract Clauses (548)

Employment by the Company. Your employment with the Company shall continue in the position of Chief Executive Officer ("CEO"). This is an exempt position, and during your employment with the Company, you will devote your best efforts and substantially all of your business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company's general employment policies. You shall perform such duties as are required by the C...ompany's Board of Directors ("Board"), to whom you will report. Your primary work location shall be the Company's office located in San Diego, California. The Company reserves the right to reasonably require you to perform your duties at places other than your primary office location from time to time, and to require reasonable business travel. The Company may modify your job title and duties as it deems necessary and appropriate in light of the Company's needs and interests from time to time. View More

Employment by the Company. 1.1 Position. Subject to terms and conditions set forth herein, the Company agrees to employ Executive in the position of Vice President Operation and Executive hereby accepts such employment. During the term of Executive's employment with the Company, Executive will devote Executive's best efforts and substantially all of Executive's business time and attention to the business of the Company, except for vacation periods as set forth herein and reasonable periods of illness or other incapacities... permitted by the Company's general employment policies. 1.2 Duties and Location. Executive shall serve in an executive capacity and shall perform such duties as are customarily associated with Executive's then current title, consistent with the bylaws of the Company and as required by the Company's Board of Directors (the "Board"). Executive shall report to the President and Chief Executive Officer of the Company. Executive's primary office location shall be a location mutually acceptable to both the Executive and the Company. The Company reserves the right to reasonably require Executive to perform Executive's duties at places other than Executive's primary office location from time to time as agreed to by Executive, and to require reasonable business travel. 1.3 Policies and Procedures. The employment relationship between the parties shall be governed by the general employment policies and practices of the Company, except that when the terms of this Agreement differ from or are in conflict with the Company's general employment policies or practices, this Agreement shall control. View More

Employment by the Company. (a) Position. You will continue to serve as the Company's President and Chief Executive Officer. (b) Duties and Location. You will perform those duties and responsibilities as are customary for the position of President and Chief Executive Officer and as may be directed by the Board of Directors of the Company, to whom you will report. Your primary office location will be the Company's offices in Emeryville, California. Notwithstanding the foregoing, the Company reserves the right to reasonably ...require you to perform your duties at places other than your primary office location from time to time, and to require reasonable business travel. Subject to the terms of this Agreement, the Company may modify your job title, duties, and reporting relationship as it deems necessary and appropriate in light of the Company's needs and interests from time to time. (c) Outside Activities. Throughout your employment with the Company, you may engage in civic and not-for-profit activities so long as such activities do not interfere with the performance of your duties hereunder or present a conflict of interest with the Company. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange. View More

Employment by the Company. The Company agrees to employ the Executive in the position of Chief Financial Officer of the Company effective and have such duties and responsibilities as are reasonably assigned, delegated and determined as are customarily assigned to individuals serving in such positions and such other duties consistent with Executive's title (with such other duties and/or offices in the Company and its affiliates as may be assigned from time to time by the Company, its Board of Directors, or Chief Executive ...Officer and as agreed to by Executive) and the Executive accepts such employment and agrees to perform such duties. The Executive agrees to devote his full customary business time and energies to the business of the Company and/or its affiliates to perform his duties hereunder. View More

Employment by the Company. 1.1 Term. The term of this Agreement shall commence on the Effective Date, and shall continue for four years after the Effective Date, unless terminated prior thereto by either the Company or the Executive as provided in Section 6. If either the Company or the Executive does not wish to renew this Agreement when it expires at the end of the initial or any renewal term hereof, as hereinafter provided, or if either the Company or the Executive wishes to renew this Agreement on different terms than... those contained herein, it or Executive shall give written notice in accordance with Section 7.1 below of such intent to the other party at least ninety (90) days prior to the expiration date. In the absence of such notice, this Agreement shall be renewed on the same terms and conditions contained herein for a term of one (1) year from the date of expiration. The parties expressly agree that designation of a term and renewal provisions in this Agreement does not in any way limit the right of the parties to terminate this Agreement at any time as hereinafter provided. Reference herein to the "Term" of this Agreement shall refer both to the initial term and any successive term as the context requires. 1.2 Position. Subject to the terms set forth herein, the Company agrees to employ Executive initially in the position of President and Chief Executive Officer, and Executive hereby accepts such employment. During the term of Executive's employment with the Company, Executive will devote his best efforts and substantially all of his business time and attention to the business of the Company. 1.3 Duties. Executive will report to the Board of Directors of the Company (the "Board") performing such duties as are normally associated with Executive's position and such duties as are assigned to Executive from time to time by the Board, subject to the oversight and direction of the Board. Executive shall perform Executive's duties under this Agreement principally out of the Company's corporate headquarters in Shelton, Connecticut. In addition, Executive shall make such business trips to such places as may be necessary or advisable for the efficient operations of the Company. 1.4 Company Policies and Benefits. The employment relationship between the parties shall also be subject to the Company's personnel policies and procedures as they may be interpreted, adopted, revised or deleted from time to time in the Company's sole discretion. Executive will be eligible to participate on the same basis as similarly situated employees in the Company's benefit plans in effect from time to time during his employment. All matters of eligibility for coverage or benefits under any benefit plan shall be determined in accordance with the provisions of such plan. The Company reserves the right to change, alter, or terminate any benefit plan in its sole discretion. Notwithstanding the foregoing, in the event that the terms of this Agreement differ from or are in conflict with the Company's general employment policies or practices, this Agreement shall control. View More

Employment by the Company. 1.1 Position. Executive shall serve as the Company's Senior Vice President and Chief Scientific Officer. During the term of Executive's employment with the Company, Executive will devote Executive's best efforts and substantially all of Executive's business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company's general employment policies. 1.2 Duties and Location. Executive shall p...erform such duties as are required by the Company's Chief Executive Officer ("CEO"), to whom Executive will report. Executive's primary office location shall be the Company's Redwood City office. The Company reserves the right to reasonably require Executive to perform Executive's duties at places other than Executive's primary office location from time to time, and to require reasonable business travel. The Company may modify Executive's job title and duties as it deems necessary and appropriate in light of the Company's needs and interests from time to time. 1.3 Policies and Procedures. The employment relationship between the Parties shall be governed by the general employment policies and practices of the Company, as adopted or modified from time to time in the Company's discretion, except that when the terms of this Agreement differ from or are in conflict with the Company's general employment policies or practices, this Agreement shall control. 1 2. Compensation. 2.1 Salary. For services to be rendered hereunder, Executive shall receive a base salary at the rate of three hundred fifty thousand dollars ($350,000) per year (the "Base Salary"), subject to standard payroll deductions and withholdings and payable in accordance with the Company's regular payroll schedule. As an exempt salaried employee, Executive will be required to work the Company's normal business hours, and such additional time as appropriate for Executive's work assignments and position, and Executive will not be entitled to overtime compensation. 2.2 Bonus. Executive will be eligible for an annual discretionary bonus of up to thirty-five percent (35%) of Executive's Base Salary (the "Annual Bonus"), when the Company's Board approves a written bonus plan, pursuant to the terms and conditions of such plan. Whether Executive receives an Annual Bonus for any given year, and the amount of any such Annual Bonus, will be determined by the Company's Board of Directors ("Board") in its sole discretion based upon the Company's and Executive's achievement of objectives and milestones to be determined on an annual basis by the Board. Executive must remain an active employee through the end of any given calendar year in order to earn an Annual Bonus for that year and any such bonus will be paid prior to March 15 of the calendar year after the applicable bonus year . Executive will not be eligible for, and will not earn, any Annual Bonus (including a prorated bonus) if Executive's employment terminates for any reason before the end of the calendar year. View More

Employment by the Company. 1.1 Position; Duties; Location. Subject to the terms and conditions of this Agreement, Executive shall hold the position of Senior Vice President and Chief Medical Officer. Executive's activities shall be as directed by the Company's Chief Executive Officer and shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies. Executive shall devote Executive's full business energi...es, interest, abilities and productive time to the proper and efficient performance of Executive's duties under this Agreement. Executive shall report to the Chief Executive Officer and shall work primarily from the Company's headquarters, which are being established in Chicago, Illinois, provided that the Company reserves the right to require periodic business travel. 1.2 Policies and Procedures. The employment relationship between the parties shall be governed by this Agreement and by the policies and practices established by the Company and/or the Board. In the event that the terms of this Agreement differ from or are in conflict with the Company's policies or practices, this Agreement shall control. 1.3 Exclusive Employment; Agreement not to Participate in Company's Competitors. Except with the prior written consent of the Board, Executive will not during employment with the Company undertake or engage in any other employment, occupation or business enterprise. During Executive's employment, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, or prospects, financial or otherwise, or in any company, person, or entity that is, directly or indirectly, in competition with the business of the Company. Ownership by Executive in professionally managed funds over which the Executive does not have control or discretion in investment decisions, or, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on a national securities exchange or in the over-the-counter market shall not constitute a breach of this Section. 1.4 Start Date. Executive's employment with the Company shall commence on September 14, 2015 (the "Start Date"). View More

Employment by the Company. 1.1 Effective Date. The effective date of this Agreement shall be January 30, 2015 (the "Effective Date") and this Agreement shall have an initial term that expires on January 30, 2017 unless terminated sooner pursuant to Section 5. At the expiration of the initial term and each anniversary thereof, the term of this Agreement shall automatically renew for an additional period of one year unless either party provides written notice (a "Notice of Non-Renewal") to the other of its or his intent not... to renew this Agreement at least thirty (30) days prior to the end of the initial term or any renewal term. 1.2 Position. Subject to terms set forth herein, the Company agrees to employ Executive in the position of Executive Vice President, Sales, Product and Marketing and Executive hereby accepts such position. During the term of his employment with the Company, Executive will devote his best efforts and all of his business time and attention (except for vacation periods as set forth herein, reasonable periods of illness or other incapacities permitted by the Company's general employment policies) to the business of the Company. 1.3 Duties. Executive shall perform such duties as are customarily associated with his then current title and as assigned to the Executive by the Company's Chief Executive Officer or any individuals designated by the Chief Executive Officer. The Company has the right to assign and change the Executive's duties at any time, provided, however, that certain assignments and changes in Executive's duties hereunder may trigger certain rights and remedies of Executive as set forth elsewhere herein. 1.4 Other Employment Policies. The employment relationship between the parties shall also be governed by the general employment policies and practices of the Company, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or are in conflict with the Company's general employment policies or practices, this Agreement shall control. View More

Employment by the Company. 1.1 Position. Executive shall continue to serve as the Company's Chief Financial Officer. During Executive's employment with the Company, Executive will devote Executive's best efforts and substantially all of Executive's business time and attention to the business of the Company. except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company's general employment policies. 1.2 Duties and Location. Executive shall continue to perform such dut...ies as are required by the Company's President and Chief Executive Officer, to whom Executive will report. Executive's primary work location shall continue to be the Company's headquarters in Chandler, Arizona. The Company reserves the right to reasonably require Executive to perform Executive's duties at places other than Executive's primary office location from time to time, and to require reasonable business travel. The Company may modify Executive's job title and duties as it deems necessary and appropriate in light of the Company's needs and interests from time to time. 1.3 Policies and Procedures. The employment relationship between the Parties shall continue to be governed by the general employment policies and practices of the Company, except that when the terms of this Agreement differ from or in conflict with the Company's general employment policies or practices, this Agreement shall control. View More

Employment by the Company. The Restricted Stock granted hereunder is awarded on the condition that Grantee remain in the employ of the Company from the Date of Grant through (and including) the Date of Lapse of Restrictions, as specified above (this time period is referred to as the "Restriction Period"). However, neither such condition nor the award of the Restricted Stock shall impose upon the Company any obligation to retain Grantee in its employ for any given period or upon any specific terms of employment.