Or (B) willful failure by Executive to substantially perform Executive’s duties and responsibilities under this Agreement which, in either case, is not promptly remedied within 10 days after the Company gives Executive written notice (b) “ Cause” means (i) (A) material failure by Executive to carry out or comply with any lawful and reasonable directive of the Board consistent with the terms of this Agreement, Shall receive any vested benefits Executive in accordance with the terms of any applicable benefit plans and programs of Employer. Employer shall pay to Executive (or to Executive’s estate) a lump sum cash payment of all Accrued Compensation, payable within ten (10) days after Executive’s Date of Termination, and Executive (or Executive’s estate)
Incentive Bonus was accrued and earned by, but not yet paid to, Executive as of Executive’s Date of Termination (iii) pay for accrued, but unused, vacation and (iv) reimbursable business expenses incurred by Executive on behalf ofĮmployer. “ Accrued Compensation” means all compensation, reimbursements and other amounts earned by, payable to, or accrued and vested for Executive through and including Executive’s Date of Termination, but not paid as ofĮxecutive’s Date of Termination, including, but not limited to, (i) Base Salary (ii) Executive’s Incentive Bonus for the fiscal year that ended immediately prior to Executive’s Date of Termination, to the extent such NOW, THEREFORE, intending to be legally bound and in consideration of the mutual covenants and conditions herein contained, the parties hereby agree as follows: WHEREAS, in accordance with the foregoing, the Company andĮxecutive desire to enter into this Agreement to set forth the terms of Executive’s employment with the Company, effective as of the Effective Date. The Company and Executive agree that unless Executive has commenced employment with the Company as of April 16, 2012 (or such later date as agreed by each of the Company and Executive) thisĪgreement shall be null and void and of no further effect.
Which is expected to commence on April 16, 2012. (the “ Company” or “ Employer”), and shall become effective upon Executive’s commencement of employment (the “ Effective Date”) Mohamad Ali (“ Executive”) and Aspect Software, Inc. THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “ Agreement”) is entered into this 2nd day of April, 2012, by and between
0 kommentar(er)
