Employment Contract Clauses (4,827)

Employment. The Company hereby employs the Executive and the Executive hereby accepts employment as the President and Chief Executive Officer of the Company. The Executive shall have all the duties, responsibilities, and authority attendant to this position and shall render services consistent with such position on the terms set forth herein and shall report to the Board of Directors of the Company (the "Supervisor"). In addition, the Executive shall have such other executive and managerial powers and dutie...s with respect to the Company as may be assigned to the Executive by the Supervisor. The Executive agrees to devote all of the Executive's working time and best efforts to the business and affairs of the Company, subject to reasonable periods of vacation and other leave to which the Executive is entitled and shall not engage in activities that substantially interfere with such performance. View More

Employment. (a) Term. This Agreement shall commence on the Effective Date and shall continue until August 30, 2022, unless sooner terminated pursuant to the terms of this Agreement (the "Term"). The Term shall be automatically extended and renewed for a period of one (1) year from the end of the Term (the "Renewal Date") unless either the Company or the Executive gives written notice of non-renewal to the other Party at least sixty (60) days prior to the end of the Term, in which event this Agreement shall ...terminate at the end of the Term. Subject to the termination provisions contained herein, if this Agreement is renewed on the Renewal Date for an additional one (1) year period, it will automatically be renewed on the anniversary of the Renewal Date and each subsequent year thereafter (the "Annual Renewal Date") for a period of one (1) year, unless either Party gives written notice of non-renewal to the other at least sixty (60) days prior to any Annual Renewal Date, in which case the Agreement will terminate on the Annual Renewal Date immediately following such notice. (b) Duties. During the Term, the Executive shall be employed by the Company as its Chief Administrative 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, 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 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 Chief Executive Officer. The Executive shall perform such services at the Company's executive offices in Boulder, Colorado commencing August 1, 2020 (the "Colorado Relocation Date"), working remotely prior to such date, and the Executive shall engage in such reasonable business travel as may be required to perform the Executive's duties. (c) Best Efforts. Except for vacation, absences due to temporary illness and absences resulting from Disability (as 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) above. The Executive shall not during the Term be engaged in any other business activity which, in the reasonable judgment of the 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, subject to the approval by the Company, that are not materially inconsistent with Executive's duties under this Agreement. View More

Employment. 1.1 Petco hereby employs Executive, and Executive hereby accepts employment by Petco, upon the terms and conditions set forth in this Agreement, for the period commencing on June 13, 2018 or such earlier date as mutually agreed by the parties (the "Start Date") and ending as provided in paragraph 4 hereof (the "Employment Period"). In addition, while employed by Petco pursuant to this Agreement, Executive shall serve as a member of the Board of Managers of PET Acquisition LLC ("PET Acquisition").... 1.2 Executive shall serve as the Chief Executive Officer ("CEO") of Petco and shall report to the Board of Managers of PET Acquisition (the "Board"). 1.3 Executive shall do and perform all services, acts or things necessary or advisable to manage and conduct the business of the Company, consistent with the bylaws of the Company and as required by the Board, and which are customarily associated with his position as Chief Executive Officer. 1.4 Unless the Parties otherwise agree in writing, during the Employment Period, Executive shall perform his services at Petco's offices, located in San Diego, California or such other facilities of the Company as the Company and Executive may agree upon from time to time; provided, however, that the Company may from time to time require Executive to travel temporarily to other locations in connection with the Company's business. 1 2. LOYAL AND CONSCIENTIOUS PERFORMANCE; NONCOMPETITION. 2.1 During the Employment Period, Executive shall devote his full business energies, interest, abilities and productive time to Petco. This section shall not preclude Executive from managing personal investments, subject to Section 2.3, engaging in civic, charitable or religious activities, or serving on boards of directors of companies or organizations that do not present any conflict with the interests of the Company or otherwise adversely affect the Executive's performance of his duties. 2.2 Except with the prior written consent of the Board, Executive will not, during the Employment Period, compete with the Company, either directly or indirectly, in any manner or capacity, as adviser, consultant, principal, agent, partner, officer, director, employee, member of any association or otherwise, in any phase of developing, manufacturing or marketing any product or service that is in the same field of use or that otherwise competes with a product or service that is offered, is actively under development, or is actively being considered for development by the Company. 2.3 Except as permitted herein, Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest that Executive knows or should know is adverse or antagonistic to the Company, its business, clients, strategic partners, investors or prospects. Ownership by Executive, as a passive investment, of less than five percent (5%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded in the over-the-counter market shall not constitute a breach of this paragraph. View More

Employment. (a) Title; Duties. Executive shall serve as the Chief Financial Officer of the Company and shall have such authority and responsibilities, and perform such duties, as may be consistent with such title and position as may be determined and assigned by the Chief Executive Officer of the Company (the "CEO"). (b) Time and Effort. Executive agrees to devote substantially all of his normal business efforts and time during normal business hours to the performance of Executive's duties hereunder and suc...h other duties consistent with such title and position as may reasonably be determined and assigned by the CEO. During the term of this Agreement, Executive shall not engage in any other employment, occupation, consulting or other business activity that competes with the business of the Company or engage in any other activities that conflict or interfere with Executive's obligations under this Agreement. (c) Term. The term of this Agreement shall commence on the Effective Date and shall continue until terminated by either party as provided in Section 5 hereof. View More

Employment. (a) TERMINATION OF PRIOR EMPLOYMENT AGREEMENT. Effective as of 11:59 p.m. on the day immediately prior to the Effective Date, the Prior Employment Agreement shall automatically terminate and be of no further force and effect. (b) EMPLOYMENT TERM. The Company hereby offers to continue to employ the Executive, and the Executive hereby accepts continued employment by the Company, upon the terms and conditions set forth in this Agreement, until the termination of the Executive's employment in accord...ance with Section 10 below, as applicable (the "Employment Term"). View More

Employment. (a) Term. Employer shall employ Employee, and Employee shall serve, as Executive Vice President and Chief Financial Officer for CBSI and CBNA for a term commencing on January 1, 2021 and ending on December 31, 2023 ("Period of Employment"), subject to termination as provided in paragraph 3 hereof. (b) Salary. During the Period of Employment, Employer shall pay Employee a base salary at an annual rate of not less than $408,000 ("Base Salary"). Employee's Base Salary shall be reviewed and adjusted... in accordance with Employer's regular payroll practices for executive employees. Employee's Base Salary is payable in accordance with Employer's regular payroll practices for executive employees. (c) Incentive Compensation. During the Period of Employment, Employee shall be entitled to annual incentive compensation as a Tier 2 Executive of Employer pursuant to the terms of the Management Incentive Plan, which has been approved by the Board of Directors of Employer to cover Employee and other key personnel of Employer, as well as other incentive plans that may be established by Employer and that are applicable to Employer's executives of similar salary tier to Employee. Upon termination of Employee's employment pursuant to subparagraph 3(a), 3(b), 3(c) or 6, Employee shall be entitled to a pro rata portion (based on Employee's complete months of active employment in the applicable year) of the annual incentive awards that are payable with respect to the year during which the termination occurs or, if the annual awards for such year are not determinable at the time of termination, then the immediately prior year's awards shall be used to determine such pro rata portion. Any such pro rata portion of an annual incentive award that becomes payable pursuant to the preceding sentence shall be paid at the time and in the form determined in accordance with the applicable incentive award. View More

Employment. 2.1 Title. 2.2 Term. 2.3 Duties and Responsibilities. 2.5 Representations and Warranties of the Executive with Respect to Conflicts, Past Employers and Corporate Opportunities. 2.6 Activities and Interests with Companies Doing Business with the Company. 2.8 Reporting Location.

Employment. During the Employment Period (as defined in Section 4), the Company shall continue to employ Employee, and Employee shall continue to serve, as Chief Executive Officer of the Company and in such other position or positions as may be assigned from time to time by the Company or the board of directors (the "Board") of Shoals Parent LLC, a Delaware limited liability company and parent of the Company (the "Parent").

Employment. Effective as of the Effective Date, the Executive shall serve as [TITLE] of the Company. The Executive shall perform such duties as are customarily associated with the office of [TITLE] and shall report to the [TITLE] will become well versed in the private-sector development, ownership, management and operation of correctional and detention facilities, residential re-entry facilities, and non-residential pre-trial and probationary offender case management services, and real estate holdings (the ..."Business"). The Executive's principal base of operations for the performance of the Executive's duties and responsibilities under this Agreement shall be the offices of the Company located in Brentwood, Tennessee. At the Company's request, Executive shall serve the Company and/or its subsidiaries and affiliates in such other capacities in addition to the foregoing as the Company shall designate, provided that such additional capacities are consistent with Executive's position as [TITLE]. In the event that Executive serves in any one or more of such additional capacities, Executive's compensation shall not be increased on account of such additional service beyond that specified in this Agreement. View More

Employment. Subject to the terms and conditions hereinafter set forth, the Employer hereby employs the Executive, and the Executive hereby accepts employment with the Employer to act on the Employer's behalf, as the Vice President and Principal Financial Officer, as the Executive Vice President and Chief Operating Officer of USALSC, as President of DCL, and as President of USALSC-Montana.