Employment Clause Example with 5 Variations from Business Contracts

Employment. (a) Term. This Agreement is contingent upon the consummation of the Merger and shall commence on the Effective Date and shall continue until terminated pursuant to the terms of this Agreement (the “Term”). (b) Duties. During the Term, the Executive shall continue to be employed by Shift and shall be Shift and the Company’s Co-Chief Executive Chief Financial Officer and shall serve the Company faithfully and to the best of the Executive’s ability. The Executive shall devote the Executive’s full b...usiness time, attention, skill and efforts to the performance of the duties required by or appropriate for the Executive’s position with the Company. The Executive shall report to the Board of Directors of the Company Company’s chief executive officer(s) or a delegate thereof (the “Board”) “CEO”) and shall perform such duties commensurate with the Executive’s office as contained in the bylaws of the Company or as the Executive shall reasonably be directed by the Board, CEO, including if requested, providing services to any parent, subsidiary or affiliate of the Company (collectively with the Company, the “Company Entities” and each a “Company Entity”). The Executive’s primary work location shall be at the Company’s headquarters (i.e., Los Angeles, California office, provided that the primary work location of the senior management team, currently in San Francisco, California), subject to applicable work-from-home policies and mandates and any other reasonable accommodations as may be necessary or appropriate under the totality of the facts and circumstances as are not inconsistent with the Executive’s ability to perform the essential functions of Executive’s employment. In addition, should the Company transition to a materially different location for its headquarters, the Executive shall be permitted, but not required, to work remotely, provided that, (i) such remote work situation shall not materially interfere with the Executive’s ability to perform the Executive’s duties under this Agreement, and (ii) the Executive’s working hours shall be substantially aligned with the working hours of the Shift workforce generally. The Executive shall engage in such reasonable business travel as may be required to perform the Executive’s duties. duties, including to the Company’s headquarters (i.e., the primary work location of the senior management team, currently in San Francisco, California). References to Company throughout this Agreement shall refer to the Company Entities except where the context clearly indicates otherwise. (c) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as defined below), the Executive shall devote the Executive’s business time, attention and energies on a full-time basis to the performance of the duties and responsibilities referred to in subsection (b) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the Board, CEO, would conflict with the ability of the Executive to perform the Executive’s duties under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. Nothing in this Section shall prevent Executive from engaging in additional activities in connection with personal investments and community affairs, including serving on corporate, civic, or charitable boards, or as a non-employee member of the boards of directors of up to two (2) publicly traded or privately held companies and may continue to serve on any board of which the Executive was a member as of the Effective Date; provided, however, that no such service or activities are materially inconsistent with Executive’s duties under this Agreement. View More

Employment. (a) Term. This Agreement is contingent upon the consummation of the Merger and shall commence on the Effective Date and shall continue until terminated pursuant to the terms of this Agreement (the “Term”). (b) Duties. During the Term, the Executive shall continue to be employed by Shift and shall be Shift and the Company’s Co-Chief Executive Company as its Chief Financial Officer and shall serve the Company faithfully and to the best of the Executive’s ability. The Executive shall devote the Exe...cutive’s full business time, attention, skill and efforts to the performance of the duties required by or appropriate for the Executive’s position with the Company. The Executive shall initially report to the Board of Directors of the Company Company’s chief executive officer, Toby Russell (the “Board”) “CEO”) and shall perform such duties commensurate with the Executive’s office as contained in the bylaws of the Company or as the Executive shall reasonably be directed by the Board, CEOs, including if requested, serving in positions at, and providing services to to, any parent, subsidiary or affiliate of the Company (collectively with the Company, the “Company Entities” and each a “Company Entity”). The Initially, during the COVID 19 pandemic (the “Pandemic”), Executive’s primary work location shall be at his home office in North Carolina; provided that the Executive shall: (i) be able to perform his required duties from that location, (ii) be available during the Company’s headquarters (i.e., the primary work location of the senior management team, currently regular business hours in San Francisco, California), subject to applicable work-from-home policies Pacific Standard Time, and mandates and any other reasonable accommodations as may be necessary or appropriate under the totality of the facts and circumstances as are not inconsistent with the Executive’s ability to perform the essential functions of Executive’s employment. In addition, should the Company transition to a materially different location for its headquarters, the Executive shall be permitted, but not required, to work remotely, provided that, (i) such remote work situation shall not materially interfere with the Executive’s ability to perform the Executive’s duties under this Agreement, and (ii) the Executive’s working hours shall be substantially aligned with the working hours of the Shift workforce generally. The Executive shall (iii) engage in such reasonable business travel as may be required to perform the Executive’s duties. After the Pandemic period, the parties will mutually determine the appropriate work location for Executive going forward. If the parties determine that Executive should relocate to the San Francisco, California or another location, Executive shall be entitled to the Relocation Allowance defined in Section 6 of this Agreement. References to Company throughout this Agreement shall refer to the Company Entities except where the context clearly indicates otherwise. (c) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as defined below), the Executive shall devote the Executive’s business time, attention and energies on a full-time basis to the performance of the duties and responsibilities referred to in subsection (b) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the Board, CEO, would conflict with the ability of the Executive to perform the Executive’s duties under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. Nothing in this Section shall prevent Executive from engaging in additional activities in connection with personal investments and community affairs, including serving on corporate, civic, or charitable boards, or as a non-employee member of the boards of directors of up to two (2) publicly traded or privately held companies and may continue to serve on any board of which the Executive was a member as of the Effective Date; provided, however, that no such service or activities are materially inconsistent with Executive’s duties under this Agreement. View More

Employment. (a) Term. This Agreement is contingent upon the consummation of the Merger and shall commence on October 1, 2021 or such other date as mutually agreed to by the Effective Date Parties (the “Effective Date”) and shall continue until terminated pursuant to the terms of this Agreement (the “Term”). (b) Duties. During the Term, the Executive shall continue to be employed by Shift and shall be Shift and the Company’s Co-Chief Executive Officer Company as its President and shall serve the Company fait...hfully and to the best of the Executive’s ability. The Executive shall devote the Executive’s full business time, attention, skill and efforts to the performance of the duties required by or appropriate for the Executive’s position with the Company. The Executive shall report to the Board of Directors of the Company Company’s co-chief executive officers (the “Board”) “CEOs”) and shall perform such duties commensurate with the Executive’s office as contained in the bylaws of the Company or as the Executive shall reasonably be directed by the CEOs or the Board, including if requested, serving in positions at, and providing services to to, any parent, subsidiary or affiliate of the Company (collectively with the Company, the “Company Entities” and each a “Company Entity”). The Executive’s primary work location Executive shall be required to work from time to time at the Company’s headquarters (i.e., the primary work location of the senior management team, currently in San Francisco, California), California) as requested by the Board or the CEOs. The Executive’s primary work location, subject to applicable work-from-home policies and mandates and any other reasonable accommodations as may be necessary or appropriate under the totality of the facts and circumstances as are not inconsistent with the Executive’s ability to perform the essential functions of Executive’s employment. In addition, should the Company transition to a materially different location for its headquarters, the Executive employment, shall be permitted, but not required, to work remotely, the Executive’s home office in the State of California, provided that, (i) such remote work situation shall not materially interfere with the Executive’s ability to perform the Executive’s duties under this Agreement, and (ii) the Executive’s working hours shall be substantially aligned with the working hours of the Shift Company’s workforce generally. The Executive shall engage in such reasonable business travel as may be required to perform the Executive’s duties. References to Company throughout this Agreement shall refer to the Company Entities except where the context clearly indicates otherwise. otherwise, and references to the CEOs shall be deemed to reference the chief executive officer of the Company in the event the Company ceases to have co-chief executive officers. (c) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as defined below), the Executive shall devote the Executive’s business time, attention and energies on a full-time basis to the performance of the duties and responsibilities referred to in subsection (b) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the Board, CEOs, would conflict with the ability of the Executive to perform the Executive’s duties under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. Nothing in this Section 1(c) shall prevent the Executive from engaging in additional activities in connection with personal investments and community affairs, including serving on corporate, civic, civic or charitable boards, or boards; provided, however, that the Executive shall not serve as a non-employee member of the boards board of directors of up to two (2) any publicly traded or privately held companies and may continue to serve on any board of which without the Executive was a member as of the Effective Date; Board’s consent; provided, however, further, that no such service or activities are materially inconsistent with Executive’s duties under this Agreement. View More

Employment. (a) Term. This Agreement is contingent upon the consummation of the Merger and shall commence on the Effective Date and shall continue until terminated pursuant to the terms of this Agreement (the “Term”). (b) Duties. During the Term, the Executive shall continue to be employed by Shift and shall be Shift and the Company’s Co-Chief Executive Officer and shall serve the Company faithfully and to the best of the Executive’s ability. The Executive shall devote the Executive’s full business time, at...tention, skill and efforts to the performance of the duties required by or appropriate for the Executive’s position with the Company. The Executive shall report to the Board of Directors of the Company (the “Board”) and shall perform such duties commensurate with the Executive’s office as contained in the bylaws of the Company or as the Executive shall reasonably be directed by the Board, including if requested, providing services to any parent, subsidiary or affiliate of the Company (collectively with the Company, the “Company Entities” and each a “Company Entity”). The Executive’s primary work location shall be at the Company’s headquarters (i.e., the primary work location of the senior management team, currently in San Francisco, California), subject to applicable work-from-home policies and mandates and any other reasonable accommodations as may be necessary or appropriate under the totality of the facts and circumstances as are not inconsistent with the Executive’s ability to perform the essential functions of Executive’s employment. In addition, should the Company transition to a materially different location for its headquarters, the Executive shall be permitted, but not required, to work remotely, provided that, (i) such remote work situation shall not materially interfere with the Executive’s ability to perform the Executive’s duties under this Agreement, and (ii) the Executive’s working hours shall be substantially aligned with the working hours of the Shift workforce generally. The Executive shall engage in such reasonable business travel as may be required to perform the Executive’s duties. References to Company throughout this Agreement shall refer to the Company Entities except where the context clearly indicates otherwise. (c) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as defined below), the Executive shall devote the Executive’s business time, attention and energies on a full-time basis to the performance of the duties and responsibilities referred to in subsection (b) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the Board, would conflict with the ability of the Executive to perform the Executive’s duties under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. Nothing in this Section shall prevent Executive from engaging in additional activities in connection with personal investments and community affairs, including serving on corporate, civic, or charitable boards, or as a non-employee member of the boards of directors of up to two (2) publicly traded or privately held companies and may continue to serve on any board of which the Executive was a member as of the Effective Date; provided, however, that no such service or activities are materially inconsistent with Executive’s duties under this Agreement. View More

Employment. (a) Term. This Agreement is contingent upon the consummation of the Merger and shall commence on the Effective Date and shall continue until December 31, 2022, unless sooner terminated pursuant to the terms of this Agreement (the “Term”). The Executive’s employment with AH Animal Health Pvt Ltd. prior to the Executive’s employment under the Prior Agreement counts towards the Executive’s period of continuous employment with the Company. (b) Garden Leave. The Executive recognizes and acknowledges ...that the Company has commenced a search for two positions: (i) a head of international operations, and (ii) a head of global proprietary brands. The Executive agrees to work with the Company, and each such new executive, to successfully transition the Executive’s duties and responsibilities to such new executive. The period from the effective date of such transition to December 31, 2022 shall be referred to as the “Garden Leave Period.” Notwithstanding any term or condition in this 1 Agreement to the contrary, your duties and responsibilities during the Garden Leave Period will be to provide reasonable consultation and assistance on an as-needed basis. (c) Duties. During the Term, the Executive shall continue to be employed by Shift the Company as its Executive Vice President and shall be Shift and the Company’s Co-Chief Executive Officer President, Europe and shall serve the Company faithfully and to the best of the Executive’s ability. The Executive shall devote the Executive’s full business time, attention, skill and efforts to the performance of the duties required by or appropriate for the Executive’s position with the Company. The Executive shall report to the Board of Directors of the Company (the “Board”) Chief Executive Officer and shall perform such duties commensurate with the Executive’s office as contained in the bylaws of the Company or as the Executive shall reasonably be directed by the Board, including if requested, providing Chief Executive Officer. The Executive shall perform such services to any parent, subsidiary or affiliate of the Company (collectively with the Company, the “Company Entities” and each a “Company Entity”). The Executive’s primary work location shall be at the Company’s headquarters (i.e., Executive’s home office as in effect on the primary work location of Effective Date and the senior management team, currently in San Francisco, California), subject to applicable work-from-home policies and mandates and any other reasonable accommodations as may be necessary or appropriate under the totality of the facts and circumstances as are not inconsistent with the Executive’s ability to perform the essential functions of Executive’s employment. In addition, should the Company transition to a materially different location for its headquarters, the Executive shall be permitted, but not required, to work remotely, provided that, (i) such remote work situation shall not materially interfere with the Executive’s ability to perform the Executive’s duties under this Agreement, and (ii) the Executive’s working hours shall be substantially aligned with the working hours of the Shift workforce generally. The Executive shall engage in such reasonable business travel as may be required to perform the Executive’s duties. References to Company throughout this Agreement shall refer to duties and shall, at the reasonable request of the Company Entities except where from time to time, also report to and work out of the context clearly indicates otherwise. (c) Company’s London, United Kingdom offices as may be necessary for meetings and other general business. (d) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as defined below), hereinafter defined), the Executive shall devote the Executive’s business time, attention and energies on a full-time basis to the performance of the duties and responsibilities referred to in subsection (b) (c) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the Board, Company, would conflict with the ability of the Executive to perform the Executive’s duties under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. Nothing in this Section shall prevent Executive from engaging in additional activities in connection with personal investments and community affairs, including serving on corporate, civic, or charitable boards, or as a non-employee member of subject to the boards of directors of up to two (2) publicly traded or privately held companies and may continue to serve on any board of which approval by the Executive was a member as of the Effective Date; provided, however, Company, that no such service or activities are not materially inconsistent with Executive’s duties under this Agreement. The Executive’s normal hours of work are between 9.00 am and 5.30 pm, Mondays to Fridays inclusive, with a lunch break of one hour. The Executive will be required to work such additional hours as are necessary for the proper performance of his duties without extra compensation. View More