Grouped Into 252 Collections of Similar Clauses From Business Contracts
This page contains Employment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Employment. (a) Employment Period. The Company agrees to employ the Executive, and the Executive agrees to be employed by the Company, in accordance with the terms and conditions hereof. The Executive shall be an employee at will and this Agreement shall not constitute a guarantee of employment. Each of the parties acknowledges and agrees that either party may terminate the Executive's employment at any time, for any reason, with or without Cause (as defined in Section 3(a)(i)). The period commencing on the... date hereof and ending on the effective date of the termination of the Executive's employment is hereinafter referred to as the "Employment Period." (i) Executive's term of employment by the Company under this Agreement (the "Term") shall commence on the Effective Date (the "Commencement Date") and continue through the three year anniversary of the Commencement Date; provided, however, that the Term shall thereafter be automatically extended for additional three-year periods unless, at least ninety (90) days prior to the then-scheduled date of expiration of the Term, either (x) the Company gives notice to Executive that it is electing not to so extend the Term; or (y) Executive gives notice to the Company that he is electing not to so extend the Term. Notwithstanding the foregoing, the Term may be earlier terminated in strict accordance with the provisions of Section 3 below, in which event Executive's employment with the Company shall expire in accordance therewith. (b) Position and Duties. (i) During the Employment Period, (A) the Executive shall be the CFO of the Kaleyra group, serving as the EVP and Chief Financial Officer of KLR and its subsidiaries, (KLR and its subsidiaries, the "KLR Group"), with such duties and responsibilities as shall from time to time be assigned to the Executive and as are consistent and commensurate with the Executive's title and position, and (B) the Executive's services shall be performed at the Company's headquarters in New York, New York, United States of America or such other location as may be mutually agreed between the Company and the Executive, except for travel, and visits to Company offices and facilities worldwide, as is reasonably required to attend to the Company's business. (ii) During the Employment Period, and excluding any periods of vacation, sick, safe or other leave or period of disability to which the Executive is entitled under this Agreement or any of the Company's plans or policies or applicable law, the Executive agrees to devote substantially all of the Executive's business attention and time (with business time determined in accordance with the Company's usual and customary standards for its senior executives) to the business and affairs of the Company and, to the extent necessary to discharge the responsibilities assigned to the Executive hereunder, to use the Executive's reasonable best efforts to perform faithfully and conscientiously such responsibilities. During the Employment Period, the Executive shall be entitled to (A) serve as a member of one for-profit company board of directors or board of advisors with the prior written approval of the Company's Board of Directors (which, for purposes of this Agreement, includes any committee thereof, unless the context requires otherwise (the "Board"), as provided in the Board's policies, (B) serve on a reasonable number of civic and charitable boards and (C) manage the Executive's personal and family investments, in each case, to the extent such activities do not interfere with the performance of the Executive's duties for the Company or present any conflict of interest. (iii) Key-Man Insurance. At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to reasonably cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such examinations or documents. The Company shall maintain, and instruct such insurance company and its agents to maintain, any such physical examination and other application submissions in strictest confidence.View More
Employment. (a) Employment Period. The Company agrees to employ the Executive, and the Executive agrees to be employed by the Company, in accordance with the terms and conditions hereof. The Executive shall be an employee at will and this Agreement shall not constitute a guarantee of employment. Each of the parties acknowledges and agrees that either party may terminate the Executive's employment at any time, for any reason, with or without Cause (as defined in Section 3(a)(i)). The period commencing on the... date hereof and ending on the effective date of the termination of the Executive's employment is hereinafter referred to as the "Employment Period." (i) Executive's term of employment by the Company under this Agreement (the "Term") shall commence on the Effective Date (the "Commencement Date") and continue through the three year anniversary of the Commencement Date; provided, however, that the Term shall thereafter be automatically extended for additional three-year periods unless, at least ninety (90) days prior to the then-scheduled date of expiration of the Term, either (x) the Company gives notice to Executive that it is electing not to so extend the Term; or (y) Executive gives notice to the Company that he is electing not to so extend the Term. Notwithstanding the foregoing, the Term may be earlier terminated in strict accordance with the provisions of Section 3 below, in which event Executive's employment with the Company shall expire in accordance therewith. (b) Position and Duties. (i) During the Employment Period, (A) the Executive shall be serve as the CFO President of the Kaleyra group, serving as the EVP and Chief Financial Officer of KLR and its subsidiaries, (KLR and its subsidiaries, the "KLR Group"), Company, with such duties and responsibilities as shall from time to time be assigned to the Executive and as are consistent and commensurate with the Executive's title and position, and (B) the Executive's services shall be performed at the Company's headquarters in New York, New York, United States of America York or such other location as may be mutually agreed between the Company and the Executive, except for travel, and visits to Company offices and facilities worldwide, as is reasonably required to attend to the Company's business. (ii) During the Employment Period, and excluding any periods of vacation, sick, safe or other vacation and sick leave or period of disability to which the Executive is entitled under this Agreement or any of the Company's plans or policies or applicable law, entitled, the Executive agrees to devote substantially all of the Executive's business attention and time (with business time determined in accordance with the Company's usual and customary standards for its senior executives) to the business and affairs of the Company and, to the extent necessary to discharge the responsibilities assigned to the Executive hereunder, to use the Executive's reasonable best efforts to perform faithfully and conscientiously such responsibilities. During the Employment Period, the Executive shall be entitled to (A) serve as a member of one for-profit company board of directors or board of advisors with the prior written approval of the Company's Board of Directors (which, for purposes of this Agreement, includes any committee thereof, unless the context requires otherwise (the "Board"), "Board")), as provided in the Board's policies, (B) serve on a reasonable number of civic and charitable boards and (C) manage the Executive's personal and family investments, in each case, to the extent such activities do not interfere materially interfere, in the reasonable judgment of the Board, with the performance of the Executive's duties for the Company or present any conflict of interest. (iii) Key-Man Insurance. At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to reasonably cooperate are otherwise consistent with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, Company's governance policies, values and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such examinations or documents. The Company shall maintain, and instruct such insurance company and its agents to maintain, any such physical examination and other application submissions in strictest confidence. reputation. View More
Employment. (a) General. From and after the Effective Date, the Company shall employ Executive for the period and in the position set forth in this Section 1, subject to the terms and conditions herein provided. (b) Employment Term. The term of employment under this Agreement (the "Term") shall commence on the Effective Date and continue for a period of one year, unless terminated in accordance with Section 3. Following the expiration of the initial Term, the Term shall be extended by one year unless termin...ated by one of the Parties. (c) Position and Duties. Executive shall serve as Chief Financial Officer of the Company with such customary responsibilities, duties and authority normally associated with such position and as may, from time to time, be assigned to Executive by the Board of Directors of the Company, consistent with such position. In the performance of such duties, Executive shall report to the Chief Executive Officer. Executive shall devote substantially all of Executive's working time and efforts to the business and affairs of the Company, provided however, that the Company acknowledges and agrees that Executive shall be permitted to engage in and pursue such contemporaneous activities and interests as Executive may desire, for personal profit or otherwise, provided such activities do not materially interfere with Executive's performance of his duties and obligations to the Company under this Agreement; specifically, Executive may serve as a director, consultant, advisor, or in any other capacity to businesses that are not engaging in activities that are competitive with the Business activities engaged in by the Company or for a business entity approved by the CEO of the Company. Executive agrees to observe and comply with the rules and policies of the Company as adopted by the Company from time to time, in each case as amended from time to time, and as delivered or made available to Executive (each, a "Policy").View More
Employment. (a) General. From and after the Effective Date, the Company shall employ Executive for the period and in the position set forth in this Section 1, subject to the terms and conditions herein provided. (b) Employment Term. The term of employment under this Agreement (the "Term") shall commence on the Effective Date and continue for a period through and including the second anniversary of one year, the Effective Date unless terminated in accordance with Section 3. Following the expiration of the in...itial Term, the Term shall be extended by one year unless terminated by one of the Parties. (c) c. Position and Duties. Executive shall serve as Chief Financial Strategy Officer-Wellness of the Company, and as Chief Executive Officer of the Company The Sera Labs, Inc., a Delaware corporation ("Subsidiary"), with such customary responsibilities, duties and authority normally associated with each such position and as may, from time to time, be assigned to Executive by the Chief Executive Officer of the Board of Directors of the Company, consistent with such position. In the performance of such duties, Executive shall report to the Chief Executive Officer. Executive shall devote substantially all of Executive's working time and efforts to the business and affairs of the Company, provided however, that the Company acknowledges and agrees that Executive shall be permitted to engage in and pursue such contemporaneous activities and interests as Executive may desire, for personal profit or otherwise, provided such activities do not materially interfere with Executive's performance of his her duties and obligations to the Company under this Agreement; specifically, Executive may serve as a director, consultant, advisor, or in any other capacity to businesses that are not engaging in activities that are competitive with the Business activities engaged in by the Company and its Subsidiary or for a business entity approved by the CEO Chief Executive Officer of the Company. Executive agrees to observe and comply with the rules and policies of the Company as adopted by the Company from time to time, in each case as amended from time to time, and as delivered or made available to Executive (each, a "Policy"). View More
Employment. The Company hereby agrees to continue to employ Executive as President and Chief Executive Officer and Executive hereby accepts such employment upon the terms and conditions set forth herein and agrees to perform duties as assigned by the Company. The Executive's employment, as provided herein, shall commence on January 1, 2023 (the "Effective Date") and shall continue for a period of one year thereafter unless earlier terminated pursuant to Section 8 ("Term"). It is the intention of the Company... Board of Directors (the "Board") to evaluate the Executive's performance prior to the end of the Term and potentially enter into an employment agreement with a longer term as the sole discretion of the Company. It is understood and agreed by the Company and Executive that this Agreement does not contain any promise or representation concerning the duration of Executive's employment with the Company. Executive specifically acknowledges that his employment with the Company is at-will and may be altered or terminated by either Executive or the Company at any time, with or without cause and/or with or without notice. For the purposes of this Agreement, the term "Company Group" shall include any and all subsidiaries of the Company in which the Company owns at least a 10% equity interest.View More
Employment. The Company hereby agrees to continue to employ Executive as President and Chief Executive Officer and Executive hereby accepts such employment upon the terms and conditions set forth herein and agrees to perform duties as assigned by the Company. The Executive's employment, as provided herein, shall commence on January 1, 2023 (the "Effective Date") the Effective Date and shall continue for a period of one year thereafter unless earlier terminated pursuant to Section 8 ("Term"). It is the inten...tion of the Company Board of Directors (the "Board") to evaluate the Executive's performance prior to the end of the Term and potentially enter into an employment agreement with a longer term as the sole discretion direction of the Company. For the purposes of this Agreement, "Effective Date" means the date on which the Company's common stock, par value $0.001 ("Common Stock") is initially listed for trading on any tier of the NASDAQ Stock Market, the New York Stock Exchange, the NYSE American, or any other national securities exchange (collectively, the "Initial Public Offering"). It is understood and agreed by the Company and Executive that this Agreement does not contain any promise or representation concerning the duration of Executive's employment with the Company. Executive specifically acknowledges that his employment with the Company is at-will and may be altered or terminated by either Executive or the Company at any time, with or without cause and/or with or without notice. For the purposes of this Agreement, the term "Company Group" shall include any and all subsidiaries of the Company in which the Company owns at least a 10% equity interest. View More
Employment. The Company hereby agrees to continue to employ Executive as President Chief Financial Officer and Chief Executive Principal Financial Officer and Executive hereby accepts such employment upon the terms and conditions set forth herein and agrees to perform duties as assigned by the Company. The Executive's employment, as provided herein, shall commence on January 1, 2023 24, 2022 (the "Effective Date") and shall continue for a period of one year thereafter unless earlier until terminated pursuan...t to Section 8 ("Term"). It is the intention of the Company Board of Directors (the "Board") to evaluate the Executive's performance prior to the end of the Term and potentially enter into an employment agreement with a longer term as the sole discretion of the Company. It is understood and agreed by the Company and Executive that this Agreement does not contain any promise or representation concerning the duration of Executive's employment with the Company. Executive specifically acknowledges that his employment with the Company is at-will and may be altered or terminated by either Executive or the Company at any time, with or without cause and/or with or without notice. For the purposes of this Agreement, the term "Company Group" shall include any and all subsidiaries of the Company in which the Company owns at least a 10% 20% equity interest. View More
Employment. Employer hereby employs Employee, and Employee agrees to be employed as its General Counsel, commencing on the Effective Date. In this role, Employee will report directly to the Chief Executive Officer ("CEO") and will have such responsibilities, duties and authority commensurate with the position at similar companies. Employee will devote his full business time and attention to the Employee's duties. Employee will comply with all written/known rules, policies and procedures of Employer as modif...ied from time to time. Employee will perform all of Employee's responsibilities in compliance with all applicable laws and will ensure that the operations that Employee manages are in compliance with all applicable laws. When the Company re-opens its office as a result of the Covid-19 pandemic, Employee will work primarily from Employer's office in Massachusetts, USA.View More
Employment. Employer hereby employs Employee, and Employee agrees to be employed as its General Counsel, commencing on the Effective Date. Chief Executive Officer. In this role, Employee will report directly to the Chief Executive Officer ("CEO") Board of Directors and will have such responsibilities, duties and authority commensurate with the position at similar companies. Employee will devote his full business time and attention to the Employee's duties. Employee will comply with all written/known rules, ...policies and procedures of Employer as modified from time to time. Employee will perform all of Employee's responsibilities in compliance with all applicable laws and will ensure that the operations that Employee manages are in compliance with all applicable laws. When the Company re-opens its office as a result of the Covid-19 pandemic, Employee will work primarily from Employer's office in Massachusetts, USA. Employee is expected and agrees to work from Employer's office in Mississauga, Canada, as required to perform Employee's duty effectively, but no more than 50% of workdays in any given calendar year, and the travel cost of which shall be borne by Employer. During Employee's employment, Employee will not engage in any other business activity which, in the reasonable judgment of Employer, conflicts with the duties of Employee under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage; provided, that Employee may serve on the board of one other company or entity, as long as such activities do not unreasonably interfere or conflict with the performance of Employees' duties for the Company. View More
Employment. Subject to the terms and conditions set forth in this Agreement, the Company hereby offers, and the Executive hereby accepts, continued employment as Chief Executive Officer of the Company.2. Term. Subject to earlier termination as hereinafter provided, the Executive's employment hereunder shall be for a term of three (3) years, commencing on the Effective Date, and, on the third anniversary of the Effective Date and each annual anniversary of the Effective Date thereafter, shall be automaticall...y extended for successive terms of one (1) year each, unless either the Company or the Executive provides notice (a "Non-Renewal Notice") to the other at least 90 days prior to expiration of the original or any extension term that the Executive's employment hereunder is not to be so extended. The term of this Agreement, as from time to time extended or renewed, is hereafter referred to as "the term of this Agreement" or "the term hereof."3. Capacity and Performance. (a) During the term hereof, the Executive shall serve the Company as Chief Executive Officer, reporting directly to the Board of Directors of the Company (the "Board"). (b) During the term hereof, the Executive shall be employed by the Company on a full-time and diligent basis and shall perform such duties and responsibilities on behalf of the Company as are customarily performed by a Chief Executive Officer of a company of comparable size and as may be reasonably designated from time to time by the Board.-1- (c) During the term hereof, for so long as the Executive is employed as the Company's Chief Executive Officer, the Company will nominate the Executive for re-election to the Board and the Executive shall serve in such other officer and/or director positions with any affiliate of the Company (for no additional compensation) as may be determined by the Board (excluding the Executive) from time to time. For purposes of this Agreement, an "affiliate" of the Company shall mean any person or entity that that directly or indirectly controls, or is under common control with, or is controlled by, the Company, and as used in this definition, "control" (including, with its correlative meanings, "controlled by" and "under common control with") shall mean possession, directly or indirectly, of power to direct or cause the direction of management or policies (whether through ownership of voting equity interests, by contract or otherwise). (d) During the term hereof, the Executive shall not, directly or indirectly, render any services of a business, commercial or professional nature to any person or entity other than the Company (or any affiliate thereof), whether for compensation or otherwise, without the prior written consent of the Board (excluding the Executive), which shall not be unreasonably withheld. For the avoidance of doubt, notwithstanding the foregoing, the Executive may (i) engage in the activities set forth on Exhibit A hereto so long as such activities do not (A) individually or in the aggregate, interfere with the performance of the Executive's duties under this Agreement and (B) materially change in nature or scope of the Executive's engagement after the Effective Date, in which case the Executive shall not be permitted to continue such engagement without the prior written consent of the Board (excluding the Executive) and (ii) engage in educational, charitable and civic activities and manage the Executive's personal investments and affairs, in each case, so long as such activities (A) do not, individually or in the aggregate, interfere with the performance of the Executive's duties under this Agreement and (B) are not contrary to the interests of the Company or any of its affiliates or competitive in any way with the Company or any of its affiliates.View More
Employment. Subject to the terms and conditions set forth in this Agreement, the Company hereby offers, and the Executive hereby accepts, continued employment as Chief Executive Financial Officer of the Company.2. Term. Subject to earlier termination as hereinafter provided, the Executive's employment hereunder shall be for a term of three (3) years, commencing on the Effective Date, and, on the third anniversary of the Effective Date and each annual anniversary of the Effective Date thereafter, shall be au...tomatically extended for successive terms of one (1) year each, unless either the Company or the Executive provides notice (a "Non-Renewal Notice") to the other at least 90 days prior to expiration of the original or any extension term that the Executive's employment hereunder is not to be so extended. The term of this Agreement, as from time to time extended or renewed, is hereafter referred to as "the term of this Agreement" or "the term hereof."3. Capacity and Performance. (a) During the term hereof, the Executive shall serve the Company as Chief Executive Financial Officer, reporting directly to the Chief Executive Officer and to the Board of Directors of the Company (the "Board"). (b) During the term hereof, the Executive shall be employed by the Company on a full-time and diligent basis and shall perform such duties and responsibilities on behalf of the Company as are customarily performed by a Chief Executive Financial Officer of a company of comparable size and as may be reasonably designated from time to time by the Board.-1- (c) During the term hereof, for so long as the Executive is employed as the Company's Chief Executive Officer, the Company will nominate the Executive for re-election to the Board and the Executive shall serve in such other officer and/or director positions with any affiliate of the Company (for no additional compensation) as may be determined by the Board (excluding the Executive) from time to time. For purposes of this Agreement, an "affiliate" of the Company shall mean any person or entity that that directly or indirectly controls, or is under common control with, or is controlled by, the Company, and as used in this definition, "control" (including, with its correlative meanings, "controlled by" and "under common control with") shall mean possession, directly or indirectly, of power to direct or cause the direction of management or policies (whether through ownership of voting equity interests, by contract or otherwise). (d) During the term hereof, the Executive shall not, directly or indirectly, render any services of a business, commercial or professional nature to any person or entity other than the Company (or any affiliate thereof), whether for compensation or otherwise, without the prior written consent of the Board (excluding the Executive), which shall not be unreasonably withheld. For the avoidance of doubt, notwithstanding the foregoing, the Executive may (i) engage in the activities set forth on Exhibit A hereto so long as such activities do not (A) individually or in the aggregate, interfere with the performance of the Executive's duties under this Agreement and (B) materially change in nature or scope of the Executive's engagement after the Effective Date, in which case the Executive shall not be permitted to continue such engagement without the prior written consent of the Board (excluding the Executive) and (ii) engage in educational, charitable and civic activities and manage the Executive's personal investments and affairs, in each case, so long as such activities (A) do not, individually or in the aggregate, interfere with the performance of the Executive's duties under this Agreement and (B) are not contrary to the interests of the Company or any of its affiliates or competitive in any way with the Company or any of its affiliates. View More
Employment. The Executive is hereby employed on the Effective Date as the President, Passive Safety. In his capacity as President the Executive shall have the duties, responsibilities and authority commensurate with such position as shall be assigned to him by the Chief Executive Officer of the Company and he shall report directly to the Chief Executive Officer of the Company. The principal work place for the Executive shall be Stockholm, Sweden.
Employment. The Executive is hereby employed on the Effective Date as the President, Passive Safety. CTO of the Company. In his capacity as President this capacity, the Executive shall have the duties, responsibilities and authority commensurate with such position as shall be assigned to him by the Chief Executive Officer and President of the Company and he shall report directly to the Chief (the "Chief Executive Officer of the Company. Officer"). The principal work place workplace for the Executive shall b...e Stockholm, Sweden. View More
Employment. The Executive is hereby employed on the Effective Date as the President, Passive Safety. Chief Financial Officer, Group Vice President (CFO). In his capacity as President CFO the Executive shall have the duties, responsibilities and authority commensurate with such position as shall be assigned to him by the Chief Executive Officer of the Company and he shall report directly to the Chief Executive Officer of the Company. The principal work place for the Executive shall be Stockholm, Sweden.
Employment. Employer hereby employs Executive, and Executive agrees to be employed as President and Chief Executive Officer ("CEO"), in accordance with the terms and conditions set forth in this Agreement. Changes may be made from time to time by Employer and/or the Board in its sole discretion to the duties, authorities, reporting relationships and title of Executive. Executive will devote full time, attention, and best efforts to achieving the purposes and discharging the responsibilities of the CEO. Exec...utive will comply with all rules, policies and procedures of Employer as modified from time to time, including without limitation, rules and procedures set forth in the Employer's employee handbook, supervisor's manuals and operating manuals. Executive will perform all of Executive's responsibilities in compliance with all applicable laws and will ensure that the operations that Executive manages are in compliance with all applicable laws. During Executive's employment, Executive will not engage in any other business activity which, in the reasonable judgment of the Employer, conflicts with the duties of Executive under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. 0 c. Nothing herein shall preclude Executive from: (1) continuing to serve on the board of directors or trustees of any business corporation or any charitable organization on which Executive currently serves and which is identified on Exhibit A hereto, or (2) subject to the prior approval of the Board, appointment to any additional directorships or trusteeships, or (3) serving in an advisory role for other business entities, provided in each case, and in the aggregate, that such activities do not interfere with the performance of Executive's duties hereunder or conflict with Section 7 of this Agreement.View More
Employment. Employer hereby employs Executive, and Executive agrees to be employed as President and Chief Executive Officer ("CEO"), Vice President, Global Sales ("VP, Global Sales"), in accordance with the terms and conditions set forth in this Agreement. Changes may be made from time to time by Employer and/or the Board in its sole discretion to the duties, authorities, reporting relationships and title of Executive. Executive will devote full time, attention, and best efforts to achieving the purposes an...d discharging the responsibilities of the CEO. VP, Global Sales. Executive will comply with all rules, policies and procedures of Employer as modified from time to time, including without limitation, rules and procedures set forth in the Employer's employee handbook, supervisor's manuals and operating manuals. Executive will perform all of Executive's responsibilities in compliance with all applicable laws and will ensure that the operations that Executive manages are in compliance with all applicable laws. During Executive's employment, Executive will not engage in any other business activity which, in the reasonable judgment of the Employer, conflicts with the duties of Executive under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage. 0 2 c. Nothing herein shall preclude Executive from: (1) continuing to serve on the board of directors or trustees of any business corporation or any charitable organization on which Executive currently serves and which is identified on Exhibit A hereto, or (2) subject to the prior approval of the Board, appointment to any additional directorships or trusteeships, or (3) serving in an advisory role for other business entities, provided in each case, and in the aggregate, that such activities do not interfere with the performance of Executive's duties hereunder or conflict with Section 7 of this Agreement. View More
Employment. The Company agrees to employ the Executive and the Executive agrees to render his services to the Company, as its President and Chief Executive Officer, during the Term (as defined below). In connection with his employment as President and Chief Executive Officer, the Executive shall serve without additional payment or compensation of any kind as the President and Chief Executive Officer of any direct or indirect subsidiary or affiliate of the Company designated by the Board of Directors of the ...Company (the "Board") (collectively, the "Subsidiaries"). The Executive agrees to use his best efforts to promote and further the business, reputation and good name of the Company and the Subsidiaries (collectively, the "Company Group") and the Executive shall promptly and faithfully comply with all instructions, directions, requests, rules and regulations made or issued from time to time by the Company.View More
Employment. The Company agrees to continue to employ the Executive Executive, and the Executive agrees to render his services to the Company, as its Senior Vice President and Chief Executive Officer, Commercial during the Term (as defined below). In connection with his employment as President and Chief Executive Officer, employment, the Executive shall serve without additional payment or compensation of any kind as the President and Chief Executive Officer an officer of any other direct or indirect subsidia...ry or affiliate of the Company designated by the Board of Directors of the Company (the "Board") Company's Chief Executive Officer (collectively, the "Subsidiaries"). The Executive agrees to use his best efforts to promote and further the business, reputation and good name of the Company and the Subsidiaries (collectively, the "Company Group") and the Executive shall promptly and faithfully comply with all instructions, directions, requests, rules and regulations made or issued from time to time by the Company. Company, provided that such instructions, directions, requests, rules or regulations do not violate Colorado law. View More
Employment. Subject to the terms of the Agreement, Employer hereby agrees to employ Executive during the Agreement Term (as hereinafter defined) as Chairman and Chief Executive Officer and Executive hereby accepts such employment. Executive shall perform such duties as have been associated with the offices of Chairman and Chief Executive Officer and such other duties commensurate with such positions as Executive and the Company's Board of Directors (the "Board") may mutually agree. Executive shall devote hi...s full time, ability and attention to the business of Employer during the Agreement Term. During the Agreement Term, Executive shall comply with the Company's share ownership guidelines as in effect from time to time. Executive will be nominated as a member of the Board during the Agreement Term. Nothing in the Agreement shall preclude Executive from participating in the affairs of any governmental, educational or other charitable institution and serving as a member of the board of directors of a corporation, except for a competitor of Employer, provided Executive notifies the Governance Committee of the Board prior to his participating in any such activities and as long as the Governance Committee does not determine that any such activities interfere with or diminish Executive's obligations under the Agreement. Executive shall be entitled to retain all fees and other compensation derived from such activities, in addition to the compensation and other benefits payable to him under the Agreement, but shall disclose such fees to Employer.View More
Employment. Subject to the terms of the Agreement, Employer hereby agrees to employ Executive during the Agreement Term (as hereinafter defined) as Executive Chairman and Chief Executive Officer President and Executive hereby accepts such employment. Executive shall perform such duties as have been associated with the offices office of Executive Chairman and Chief since the Executive Officer assumed the duties of Executive Chairman in 2006 and such other duties commensurate with such positions position as E...xecutive and the Company's Board of Directors (the "Board") may mutually agree. In addition, Executive shall directly manage and oversee the Government Relations, Corporate Marketing and Communications functions of Employer and other such functions as the Board may approve from time to time. During the Agreement Term, Employer's Chief Executive Officer shall report to Executive, with responsibility for the approval of the Chief Executive Officer's annual goals, performance review and retention or termination by the Board. Executive shall devote his full time, ability and attention to the business of Employer during the Agreement Term. During the Agreement Term, Executive shall comply with the Company's share ownership guidelines as in effect from time to time. Executive will be nominated as a member of the Board during the Agreement Term. Nothing in the Agreement shall preclude Executive from participating in the affairs of any governmental, educational or other charitable institution and serving as a member of the board of directors of a corporation, except for a competitor of Employer, provided Executive notifies the Governance Committee of the Board prior to his participating in any such activities and as long as the Governance Committee does not determine that any such activities interfere with or diminish Executive's obligations under the Agreement. Executive shall be entitled to retain all fees and other compensation derived from such activities, in addition to the compensation and other benefits payable to him under the Agreement, but shall disclose such fees to Employer. View More
Employment. Nothing in this Agreement will interfere with or limit in any way the right of the Company or any Subsidiary to terminate the employment or service of the Optionee at any time, nor confer upon the Optionee any right to continue employment or other service with the Company or any Subsidiary.
Employment. Nothing in this Agreement will interfere with or limit in any way the right of the Company or any Subsidiary to terminate the employment or service of the Optionee Grantee at any time, nor confer upon the Optionee Grantee any right to continue employment or other service with the Company or any Subsidiary.
Employment. Nothing in this Agreement will interfere with or limit in any way the right of the Company or any Subsidiary or Affiliate to terminate the employment or service of the Optionee at any time, nor confer upon the Optionee any right to continue employment or other service with the Company or any Subsidiary. Subsidiary or Affiliate.
