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secondment agreement form
the executive shall be subject to the personnel policies and other terms and conditions of employment administered by colony capital with respect to its employees, generally, and shall be entitled to receive from colony capital all benefits, perquisites and privileges available generally to colony capital employees, whether or not seconded, and shall not be entitled to receive any such benefits, perquisites or privileges from colony financial; provided, however, that the executive shall be entitled to receive grants of equity awards from colony financial under its 2009 equity incentive plan. (c) notwithstanding any other provisions of this agreement, colony financial agrees that colony capital shall not be obliged to second the executive or provide a replacement during any such time as the executive may be absent due to sickness or to vacation properly taken.
this agreement shall terminate upon the earlier to occur of (a) the termination of the management agreement by any party thereto, for any reason, (b) the manager ceasing to be the manager of colony financial and its subsidiaries for any reason or (c) the termination of this agreement by colony financial upon at least 90 days prior written notice to colony capital; provided, however, that such termination pursuant to clause (c) shall not be effective unless and until it has been consented to by a majority of the independent directors of the board. the failure of either party hereto at any time or from time to time to require performance of any of the other partys obligations under this agreement shall in no manner affect the right to enforce any provision of this agreement at a subsequent time, and the waiver of any rights arising out of any breach shall not be construed as a waiver of any rights arising out of any subsequent breach. in the event that any provision of this agreement shall be determined by a court of competent jurisdiction to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
(d) “secondment period” means that period commencing on the effective date and ending upon the termination of this agreement in accordance with section 9 “agreement” shall mean this services and secondment agreement, together with all exhibits attached hereto, as the same may be amended, supplemented or no information is available for this page. learn why, secondment agreement for overseas assignment, secondment agreement for overseas assignment, secondment agreement india, secondment agreement united states, internal secondment agreement template
secondment agreement form format
this standard document is a sample secondment agreement for employers to use when temporarily transferring employees within the us, either to another secondment agreement. the following the employee is seconded to the receiving organization from the lending organization to assume responsibilities as secondment agreement and other business contracts, forms and agreeements. competitive intelligence for investors., secondment agreement pdf, external secondment letter, external secondment letter, secondment agreement for overseas assignment, secondment agreement india, secondment agreement united states, internal secondment agreement template, secondment agreement pdf, external secondment letter