Board definition
Examples of Board in a sentence
The terms of Executive’s initial Annual Bonus are as set forth on Exhibit B to this Agreement, and the terms of the Annual Bonus for subsequent years shall be determined by the Board, upon the recommendation of the Board’s Compensation Committee for each such subsequent year of employment as set forth herein.
At any time the Company does not sponsor a long-term disability plan for its employees, “Disability� shall mean Executive’s inability to perform, with or without reasonable accommodation, the essential functions of Executive’s positions hereunder for a total of three months during any six-month period as a result of incapacity due to mental or physical illness as determined by the Board in its sole good faith discretion.
Exhibit A hereto identifies (i) any Other Service with respect to which the Board had provided its consent and (ii) any board of directors of any for-profit businesses or trade organizations (including advisory boards) on which Executive serves (as such Exhibit may be amended from time to time during the Term by mutual agreement of the Executive and the Board).
Notwithstanding anything to the contrary, this Agreement does not prevent Executive from filing a complaint or charge with the National Relations Labor Board, the Equal Employment Opportunity Commission, or any similar federal or state administrative agency, including claims for workers� compensation or unemployment insurance benefits.
As soon as practicable following the Closing of the Business Combination and subject to Board approval, Executive shall receive an initial award of restricted stock units as set forth on Exhibit B, subject to Executive’s continued employment through the date of grant, which award shall be subject in all respect to the term and conditions of the Company’s 2025 Equity Incentive Plan (the �2025 Plan�) and the applicable award agreement to be delivered separately to Executive.