Employment Clause Example with 19 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. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, unless earlier terminated as provided in Section 4. The Initial Term shall autom...atically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; (ii) shall report directly to the Chief Executive Officer of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More

Variations of a "Employment" Clause from Business Contracts

Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. 4 (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Officer President, Product Development of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; CEO of the Company; (ii) shall report directly to the Chief Executive Officer CEO of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) 4 anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Technology Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; CEO of the Company; (ii) shall report directly to the Chief Executive Officer CEO of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. 4 (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Operating Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; CEO of the Company; (ii) shall report directly to the Chief Executive Officer CEO of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. 4 (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; CEO of the Company; (ii) shall report directly to the Chief Executive Officer CEO of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) 4 anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; CEO of the Company; (ii) shall report directly to the Chief Executive Officer CEO of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) 4 anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as President and Chief Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; Board of Directors of the Company; (ii) shall report directly to the Chief Executive Officer Board of Directors of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his her personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. (a) In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. The terms and conditions herein provided supersede in their entirety any contradictory terms and conditions in any employee manual, plan, policy, program or other arrangement maintained by the Company. To the extent a term or condition is not det...ailed herein, the employee manuals, plans, policies, programs or other arrangements maintained by the Company shall govern. 4 (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") "Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the first (1st) anniversary of the Effective Date, unless earlier terminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. earlier terminated as provided in Section 4. (c) Position and Duties. During the Term, the Executive: (i) shall serve as President and Chief Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; Board of Directors of the Company; (ii) shall report directly to the Chief Executive Officer Board of Directors of the Company; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) (i) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) (iii) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. View More
Employment. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") shall be for the period beginning on the Effective Date and ending on March August 1, 2019, 2023, unless earlier terminated as provided in Section 4. The Initial Ter...m shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. Page 4 (c) Position and Duties. During the Term, the Executive: (i) shall serve as Executive Vice President - Chief Financial Executive Officer of the Company, ("CEO"), with responsibilities, duties and authority customary for such position, subject to direction by including directing research and development of the Board; medical technologies of the Company; (ii) shall report directly to the Chief Executive Officer of the Company; Board; (iii) shall devote substantially all a substantial and primary, but not exclusive (estimated to be 30 hours per week which Executive shall be responsible for reporting to the Board or its designee weekly), portion of the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) serve on corporate, civic, charitable, industry or professional association boards or committees, and engage in other professional business ventures, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. Company shall elect Executive to serve on its Board upon the Effective Date of this Agreement and Executive shall so serve in that fiduciary role until the termination of his employment. View More
Employment. In General. The Company shall employ the Executive and the Executive shall enter the employ of the Company, for the period set forth in Section 2(b), in the position set forth in Section 2(c), and upon the other terms and conditions herein provided. (b) Term of Employment. The initial term of employment under this Agreement (the "Initial Term") shall be for the period beginning on the Effective Date and ending on March 1, 2019, the second (2nd) anniversary of the Effective Date, unless earlier t...erminated as provided in Section 4. The Initial Term shall automatically be 5 extended for successive one (1) year periods (each, an "Extension Term" and, collectively with the Initial Term, the "Term"), unless either party hereto gives notice of non-extension to the other no later than thirty (30) days prior to the expiration of the then-applicable Term. (c) Position and Duties. During the Term, the Executive: (i) shall serve as President and Chief Executive Vice President - Chief Financial Officer of the Company, with responsibilities, duties and authority customary for such position, subject to direction by the Board; (ii) shall report directly to the Chief Executive Officer of the Company; Board; (iii) shall devote substantially all the Executive's working time and efforts to the business and affairs of the Company and its subsidiaries, provided that the Executive may (1) serve on corporate, civic, charitable, industry or professional association boards or committees, subject to the Board's prior written consent in the case of any such board or committee that relates directly or indirectly to the business of the Company or its subsidiaries (which consent shall not unreasonably be withheld), (2) deliver lectures, fulfill speaking engagements or teach at educational institutions and (3) manage his personal investments, so long as none of such activities meaningfully interferes with the performance of the Executive's duties and responsibilities hereunder, or involves a conflict of interest with the Executive's duties or responsibilities hereunder or a breach of the covenants contained in Section 7; and (iv) agrees to observe and comply with the Company's rules and policies as adopted by the Company from time to time, which have been made available to the Executive. As of the Effective Date, the Executive shall be appointed or elected to the Board and the Board of Managers of the General Partner, and, to the extent that the Executive's term as a member of the Board or the Board of Managers of the General Partner expires at any time during the Term, the Executive shall be nominated for re-election to each such Board. View More