Service with the Employer Sample Clauses
The 'Service with the Employer' clause defines how an employee's period of employment with the employer is calculated and recognized under the contract. Typically, this clause outlines what counts as continuous service, such as including previous periods of employment or accounting for breaks like approved leave. It may also clarify whether service with related entities or subsidiaries is included. The core function of this clause is to ensure clarity regarding employment duration, which is important for determining entitlements like leave, redundancy, or notice periods, and to prevent disputes about an employee's length of service.
Service with the Employer. During the term of this Agreement the Executive shall serve in an executive position with Sigma. The Employer hereby employs Executive in an executive capacity with the title of Vice President of Sigma and Executive hereby accepts such employment and undertakes and agrees to serve in such capacity during the Term. In such capacity, Executive shall have such powers, perform such duties and fulfill such responsibilities as are typically associated with such position in comparable companies.
Service with the Employer. The Employer hereby employs Executive in an executive capacity during the Term initially with the title of Vice Chairman of the Board of Directors, Vice Chairman of the Management Committee and Chief Financial Officer and Treasurer of the Company, and Executive hereby accepts such employment and undertakes and agrees to serve in such capacities during the Term. In addition, the Company agrees to cause Executive to be elected as a member of the Board of Directors and Management Committee of the Company. In such capacities, Executive shall have such powers, perform such duties and fulfill such responsibilities typically associated with such positions in other publicly held companies.
Service with the Employer. The Employer hereby employs Executive in an executive capacity during the Term initially with the title of Executive Chairman of the Company, and Executive hereby accepts such employment and undertakes and agrees to serve in such capacities during the Term. In addition, the Company agrees to cause Executive to be elected as a member and Chairman of the Management and Executive Committees of the Company and as a member of the Board of Directors of the Company. In such capacities, Executive shall have such powers, perform such duties and fulfill such responsibilities typically associated with such positions in other publicly held companies, and Executive will have overall responsibility for all policies pertaining to the management of the Company.
Service with the Employer. The Employer hereby employs Executive in an executive capacity during the Term with the title of Chief Executive Officer and President of the Company and President of the Subsidiary, and Executive hereby accepts such employment and undertakes and agrees to serve in such capacities during the Term. In such position, Executive shall be a member of the Office of the Executive Chairman of the Company. In addition, the Company agrees to use its best efforts to cause Executive to be elected as a member of the Management and Executive Committees of the Company and as a member of the Boards of Directors of both the Company and the Subsidiary. In such capacities, Executive shall have such powers, perform such duties and fulfill such responsibilities typically associated with such positions in other publicly held companies, and Executive will have overall responsibility for the execution of the Company's business plan and all approved policies pertaining to the management of the Company and the Subsidiary.