Employment Clause Example with 14 Variations from Business Contracts

This page contains Employment 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.
Employment. (a) Term. The initial term of this Agreement shall begin on December 9, 2019 (the "Effective Date") and shall continue for two years, unless the Executive's employment is sooner terminated in accordance with Sections 6, 7, 8, 9, 10, or 11. Unless earlier terminated, the term of this Agreement shall automatically renew for periods of one year unless either party gives the other party written notice at least 90 days prior to the end of the then existing term that the term of this Agreement shall n...ot be further extended. The period commencing on the Effective Date and ending on the date on which the term of this Agreement terminates is referred to herein as the "Term." (b) Duties. During the Term, the Executive shall serve as the Chief Financial Officer, Treasurer, Secretary and Compliance Officer of the Company, with duties, responsibilities, and authority commensurate therewith, and shall report to the Executive Chairman of the Company (the "Chairman"); provided that the Executive may be required to report to the Chief Executive Officer of the Company (the "CEO"), as determined by the Company in its sole discretion. The Executive shall perform all duties and accept all responsibilities incident to such position as may be reasonably assigned to the Executive by the Chairman or the CEO, as applicable. The Executive represents to the Company that the Executive is not subject to or a party to any employment agreement, noncompetition covenant, or other agreement that would be breached by, or prohibit the Executive from, executing this Agreement and performing fully the Executive's duties and responsibilities hereunder. (c) Best Efforts. During the Term, the Executive shall devote her best efforts and full time and attention to promote the business and affairs of the Company and its affiliated entities, and may be engaged in other business activities only to the extent the Executive has received the prior written consent of the Board of Directors of the Company (the "Board") and such activities do not materially interfere or conflict with the Executive's obligations to the Company hereunder, including, without limitation, obligations pursuant to Section 15 below. The foregoing shall not be construed as preventing the Executive from (1) serving on civic, educational, philanthropic or charitable boards or committees and (2) managing personal investments, so long as such activities are permitted under the Company's code of conduct and employment policies and do not violate the provisions of Section 15 below. As of the Effective Date, the Executive is engaged in the business activities set forth on Exhibit A, which have been approved by the Board. (d) Principal Place of Employment. The Executive understands and agrees that her principal place of employment will be in the Company's offices located in the Boston, MA metropolitan area and that the Executive will be required to travel for business in the course of performing her duties for the Company. View More
Found in Replimune Group, Inc. contract

Variations of a "Employment" Clause from Business Contracts

Employment. (a) Term. The initial term of this Agreement shall begin on December 9, 2019 upon the closing of the Internalization (the "Effective Date") Date"), and shall continue for two years, unless until the date the Company has paid the 2020 Cash Bonus and granted the 2020 Bonus RSU (each as defined in Section 2(b) below), which shall be no later than March 15, 2021 (the "Term End Date"), or until the termination of the Executive's employment is sooner terminated in accordance with Sections 6, 7, 8, 9, ...10, or 11. Unless earlier terminated, the term of this Agreement shall automatically renew for periods of one year unless either party gives the other party written notice at least 90 days prior to the end of the then existing term that the term of this Agreement shall not be further extended. employment, if earlier. The period commencing on the Effective Date and ending on the date on which the term of this Agreement terminates is referred to herein as the "Term." (b) Duties. During the Term, the Executive shall serve as the Chief Financial Officer, Treasurer, Secretary and Compliance Credit Officer of the Company, with duties, responsibilities, and authority commensurate therewith, duties consistent with those currently performed by the Executive for the Manager Entities, and shall report to the Executive Chairman of the Company (the "Chairman"); provided that the Executive may be required to report to the Chief Executive Officer of the Company (the "CEO"), as determined by the Company in its sole discretion. "CEO"). The Executive shall perform all duties and accept all responsibilities incident to such position as may be reasonably and lawfully assigned to the Executive by the Chairman or the CEO, as applicable. CEO. The Executive represents to the Company that the Executive is not subject to or a party to any employment agreement, noncompetition covenant, or other agreement that would be breached by, or prohibit the Executive from, executing this Agreement and performing fully the Executive's duties and responsibilities hereunder. (c) Best Efforts. During the Term, the Executive shall devote her the Executive's best efforts and full time and attention to promote the business and affairs of the Company and its affiliated entities, Affiliates, and may shall not be engaged in other business activities only to the extent the Executive has received the prior written consent of the Board of Directors of the Company (the "Board") and such activities do not materially interfere or conflict with the Executive's obligations to the Company hereunder, including, without limitation, obligations pursuant to Section 15 below. activities. The foregoing shall not be construed as preventing the Executive from (1) serving on civic, educational, philanthropic or 1 charitable boards or committees committees, or, with the prior written consent of the CEO, in its sole discretion, on corporate boards, and (2) managing personal investments, investments; so long as such activities are permitted under the Company's code of conduct and employment policies and policies, do not violate the provisions of Section 15 below. As 8 below, and do not interfere or conflict with the Executive's obligations to the Company hereunder. The Executive shall provide notice of any activity under Section 1(c)(1) to the Effective Date, the Executive is engaged in the business activities set forth on Exhibit A, which have been approved by the Board. Company. (d) Principal Place of Employment. The Executive understands and agrees that her the Executive's principal place of employment will be in the Company's offices located in the Boston, MA New York City metropolitan area and that the Executive will be required to travel for business in the course of performing her the Executive's duties for the Company. (e) Resignation of Positions. Effective as of the date of any termination of employment, the Executive shall resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates. View More
Found in ANNALY CAPITAL MANAGEMENT INC contract
Employment. (a) Term. The initial term of this Agreement shall begin on December 9, 2019 upon the closing of the Internalization (the "Effective Date") Date"), and shall continue for two years, unless until the date the Company has paid the 2020 Cash Bonus and granted the 2020 Bonus RSU (each as defined in Section 2(b) below), which shall be no later than March 15, 2021 (the "Term End Date"), or until the termination of the Executive's employment is sooner terminated in accordance with Sections 6, 7, 8, 9, ...10, or 11. Unless earlier terminated, the term of this Agreement shall automatically renew for periods of one year unless either party gives the other party written notice at least 90 days prior to the end of the then existing term that the term of this Agreement shall not be further extended. employment, if earlier. The period commencing on the Effective Date and ending on the date on which the term of this Agreement terminates is referred to herein as the "Term." (b) Duties. During the Term, the Executive shall serve as the Chief Financial Officer, Treasurer, Secretary and Compliance Investment Officer of the Company, with duties, responsibilities, and authority commensurate therewith, duties consistent with those currently performed by the Executive for the Manager Entities, and shall report to the Executive Chairman of the Company (the "Chairman"); provided that the Executive may be required to report to the Chief Executive Officer of the Company (the "CEO"), as determined by the Company in its sole discretion. "CEO"). The Executive shall perform all duties and accept all responsibilities incident to such position as may be reasonably and lawfully assigned to the Executive by the Chairman or the CEO, as applicable. CEO. The Executive represents to the Company that the Executive is not subject to or a party to any employment agreement, noncompetition covenant, or other agreement that would be breached by, or prohibit the Executive from, executing this Agreement and performing fully the Executive's duties and responsibilities hereunder. (c) Best Efforts. During the Term, the Executive shall devote her the Executive's best efforts and full time and attention to promote the business and affairs of the Company and its affiliated entities, Affiliates, and may shall not be engaged in other business activities only to the extent the Executive has received the prior written consent of the Board of Directors of the Company (the "Board") and such activities do not materially interfere or conflict with the Executive's obligations to the Company hereunder, including, without limitation, obligations pursuant to Section 15 below. activities. The foregoing shall not be construed as preventing the Executive from (1) serving on civic, educational, philanthropic or 1 charitable boards or committees committees, or, with the prior written consent of the CEO, in its sole discretion, on corporate boards, and (2) managing personal investments, investments; so long as such activities are permitted under the Company's code of conduct and employment policies and policies, do not violate the provisions of Section 15 below. As 8 below, and do not interfere or conflict with the Executive's obligations to the Company hereunder. The Executive shall provide notice of any activity under Section 1(c)(1) to the Effective Date, the Executive is engaged in the business activities set forth on Exhibit A, which have been approved by the Board. Company. (d) Principal Place of Employment. The Executive understands and agrees that her the Executive's principal place of employment will be in the Company's offices located in the Boston, MA New York City metropolitan area and that the Executive will be required to travel for business in the course of performing her the Executive's duties for the Company. (e) Resignation of Positions. Effective as of the date of any termination of employment, the Executive shall resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates. View More
Found in ANNALY CAPITAL MANAGEMENT INC contract
Employment. (a) Term. The initial term of this Agreement shall begin on December 9, 2019 the first day of the Executive's employment with the Employer, as determined by the Executive and the Company (the "Effective Date") Date"), and shall continue for two years, unless until the termination of the Executive's employment is sooner terminated in accordance with Sections 6, 7, 8, 9, 10, or 11. Unless earlier terminated, the term of this Agreement shall automatically renew for periods of one year unless either... party gives the other party written notice at least 90 days prior to the end of the then existing term that the term of this Agreement shall not be further extended. employment. The period commencing on the Effective Date and ending on the date on which the term of this Agreement Executive's employment terminates is referred to herein as the "Term." (b) Duties. During the Term, the Executive shall serve as the Chief Financial Officer, Treasurer, Secretary and Compliance Executive Officer of the Company, with duties, responsibilities, responsibilities and authority commensurate therewith, and shall report to the Executive Chairman Board of Directors of the Company (the "Chairman"); provided that the Executive may be required to report to the Chief Executive Officer of the Company (the "CEO"), as determined by the Company in its sole discretion. "Board"). The Executive shall perform all duties and accept all responsibilities incident to such position as may be reasonably assigned to the Executive by the Chairman or the CEO, as applicable. Board. The Executive represents to the Company and the Employer that the Executive is not subject to or a party to any employment agreement, noncompetition covenant, or other agreement that would be breached by, or prohibit the Executive from, executing this Agreement and performing fully the Executive's duties and responsibilities hereunder. (c) Best Efforts. During the Term, the Executive shall devote her his best efforts and full time and attention to promote the business and affairs of the Company and its affiliated entities, and may shall be engaged in other business activities only to the extent the Executive has received the prior written consent of the Board of Directors of the Company (the "Board") and that such activities do not materially interfere or conflict with the Executive's obligations to the Company and its affiliated entities hereunder, including, without limitation, obligations pursuant to Section 15 below. The foregoing shall not be construed as preventing the Executive from (1) serving on civic, educational, philanthropic or charitable boards or committees committees, or, with the prior written consent of the Board, in its sole discretion, on corporate boards, and (2) managing personal investments, so long as such the activities set forth in the preceding clauses (1) and (2) are permitted under the Company's Company and the Employer's code of conduct and employment policies and do not violate the provisions of Section 15 below. As of below; provided that, the Effective Date, the Executive is engaged in the business activities set forth on Exhibit A, which have been approved in the preceding clauses (1) and (2) do not materially interfere or conflict with the Executive's duties or obligations to the Company and its affiliated entities and his time commitments with respect thereto, as determined by the Board. (d) Principal Place of Employment. The Executive understands and agrees that her principal place of employment will be in the Company's offices located in the Boston, MA metropolitan area and that the Executive will be required to travel for business in the course of performing her duties for the Company. View More
Found in BIOSPECIFICS TECHNOLOGIES CORP contract
Employment. (a) Term. The initial term of this Agreement shall begin on December 9, 2019 (the "Effective Date") the Effective Date and shall continue for two years, unless until the termination of the Executive's employment is sooner terminated in accordance with Sections 6, 7, 8, 9, 10, or 11. Unless earlier terminated, the term of this Agreement shall automatically renew for periods of one year unless either party gives the other party written notice at least 90 days prior to the end of the then existing ...term that the term of this Agreement shall not be further extended. employment. The period commencing on the Effective Date and ending on the date on which the term of this Agreement Executive's employment terminates is referred to herein as the "Term." (b) Duties. During the Term, the Executive shall serve as the Chief Financial Officer, Treasurer, Secretary and Compliance Executive Officer of the Company, with duties, responsibilities, responsibilities and authority commensurate therewith, and shall report to the Executive Chairman Board of Directors of the Company (the "Chairman"); provided that the Executive may be required to report to the Chief Executive Officer of the Company (the "CEO"), as determined by the Company in its sole discretion. "Board"). The Executive shall perform all duties and accept all responsibilities incident to such position as may be reasonably assigned to the Executive by the Chairman or the CEO, as applicable. Board. The Executive represents to the Company that the Executive is not subject to or a party to any employment agreement, noncompetition covenant, or other agreement that would be breached by, or prohibit the Executive from, executing this Agreement and performing fully the Executive's duties and responsibilities hereunder. (c) Best Efforts. During the Term, the Executive shall devote her his best efforts and full time and attention to promote the business and affairs of the Company and its affiliated entities, and may shall be engaged in other business activities only to the extent the Executive has received the prior written consent of the Board of Directors of the Company (the "Board") and that such activities do not materially interfere or conflict with the Executive's obligations to the Company and its affiliated entities hereunder, including, without limitation, obligations pursuant to Section 15 below. The foregoing shall not be construed as preventing the Executive from (1) serving on civic, educational, philanthropic or charitable boards or committees committees, or, with the prior written consent of the Board, in its sole discretion, on corporate boards, and (2) managing personal investments, so long as such the activities set forth in the preceding clauses (1) and (2) are permitted under the Company's code of conduct and employment policies and do not violate the provisions of Section 15 below. As of below; provided that, the Effective Date, the Executive is engaged in the business activities set forth on Exhibit A, which have been approved in the preceding clauses (1) and (2) do not materially interfere or conflict with the Executive's duties or obligations to the Company and its affiliated entities and his time commitments with respect thereto, as determined by the Board. (d) Principal Place of Employment. The Executive understands and agrees that her his principal place of employment will be in the Company's offices located in the Boston, MA metropolitan area Wilmington, Delaware and that the Executive will be required to travel for business in the course of performing her his duties for the Company. Company, it being understood that Executive may telecommute from his home office from time to time in accordance with the Company's guidelines regarding same. View More
Found in BIOSPECIFICS TECHNOLOGIES CORP contract