At-Will Termination by Company Sample Clauses

At-Will Termination by Company. Executive’s employment with the Company shall be “at-will” at all times. The Company may terminate Executive’s employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company under this Agreement shall cease, except as otherwise provided herein.
AutoNDA by SimpleDocs
At-Will Termination by Company. The employment of Employee shall be “at-will” at all times. The Company may terminate Employee’s employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company under this Agreement shall cease.
At-Will Termination by Company. The employment of Executive shall be "at-will" at all times. The Company may terminate Executive's employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination by the Company, all obligations of the Company under this Agreement shall cease, unless Executive's employment is terminated without Cause, in which case the Company shall provide Executive with the severance benefits described in Section 3(b) below.
At-Will Termination by Company. The Company may, at any time and upon giving 10 business dayswritten notice to Employee, terminate Employee’s employment without Cause (“At Will Termination”) and thereby terminate the Period of Employment. Employee agrees that the Company may dismiss him pursuant to this Section 4(a) without regard to any general or specific policies (whether written or oral) of the Company relating to the employment or termination of its employees and without regard to any statements made by the Company (whether written or oral) pertaining to Employee’s relationship with the Company. Upon the occurrence of any such At Will Termination, the Company shall: (i) pay to Employee a proration of the amount (prorated to the date of termination) payable under the Bonus Plan for the fiscal year in which termination occurs (which amount shall be payable in accordance with Exhibit B); (ii) permit Employee to exercise all vested options in accordance with the terms thereof; (iii) continue to pay Employee his then current base salary for a period of 12 months following termination; (iv) pay to Employee an amount equal to the average of Employee’s Bonus Plan award for the three fiscal years ending on or before the date of termination. Such amount shall be paid in 24 equal installments semi-monthly over a period of 12 months following the date of termination of employment; and (v) provide Employee (and his covered dependents) continued coverage in the Company’s group term life insurance, group medical/dental plans, and executive supplement as defined in Section 3(d) for a period of 12 months following termination.
At-Will Termination by Company. The Company may terminate Employee's employment with the Company at any time, without any advance notice, for any reason, including no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies, or practices of the Company relating to the employment, discipline, or termination of its employees. The Company shall immediately pay to Employee all compensation to which Employee is entitled up through the date of termination and any Severance required by this Section 4. Thereafter, all obligations of the Company under this Agreement shall cease, except as provided in Section 6.
At-Will Termination by Company. The employment of Employee shall be “at-will” at all times. The Company may terminate Employee’s employment with the Company at any time, without any advance notice, for any reason or no reason at all notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. In the event of any such termination by the Company for any reason other than Cause, the Company shall pay to Employee an amount equal to four weeks of her then-current Base Salary, which payment may, at the request of the Company, be conditioned upon Employee’s execution of a usual and customary general release in favor of the Company. For the purposes of this Agreement, “Cause” shall have the meaning provided in the Plan. 4. AT-
At-Will Termination by Company. Executive’s employment with the Company shall be “at-will” at all times. The Company may terminate Executive’s employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company and Executive under this Agreement shall cease, except as otherwise provided herein. Upon a termination for any reason under this Agreement, the Company shall promptly pay to Executive all compensation to which Executive is entitled to receive up through the date of termination, as well as reimbursement of expenses incurred through the date of termination in accordance with Section II.E (the “Accrued Obligations”).
AutoNDA by SimpleDocs
At-Will Termination by Company. The employment of Employee shall be “at-will” at all times. The Company may terminate Employee’s employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company under this Agreement shall cease. In the event of any such termination by the Company for any reason other than Cause, the Company shall pay to Employee an amount equal to six months of her then-current Base Salary, which payment may, at the request of the Company, be conditioned upon Employee’s execution of a usual and customary general release in favor of the Company. “Cause” shall be defined as any of the following: (i) an intentional act of fraud, embezzlement, theft or any other material violation of law that occurs during or in the course of Employee’s employment with company; (ii) intentional damage to the Company’s assets; (iii) intentional disclosure of Company’s confidential information contrary to Company’s policies; (iv) intentional breach of Employee’s obligations under this agreement; (v) intentional engagement in any competitive activity which would constitute a breach of Employee’s duty of loyalty or of Employee’s obligations under this agreement; (vi) intentional breach of any of the Company’s policies; (vii) the willful and/or continued failure to substantially perform Employee’s duties for company (other than as a result of incapacity due to physical or mental illness); (viii) inability to make agreed upon improvements resulting from a clearly outlined and mutually agreed upon Performance Improvement Plan (“PIP”) or (ix) willful conduct by Employee that is demonstrably and materially injurious to company, monetarily or otherwise. 4. AT-
At-Will Termination by Company. Executive’s employment with the Company shall be “at-will” at all times. The Company may terminate Executive’s employment with the Company at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Notwithstanding anything to the contrary contained herein, the first ninety (90) days of Executive’s employment will be under a probationary period (the “Probationary Period”). During this Probationary Period, both the Company and Executive will determine whether Executive can perform the requirements of the job you have been assigned to. Near the end of this Probationary Period, the Company will assess your performance and decide whether further employment is warranted. Upon and after any such termination, all obligations of the Company under this Agreement shall cease, except as otherwise provided herein.
At-Will Termination by Company. Subject to the provisions of Section 3(c), the employment of Executive shall be “at-will” at all times. Subject to the provisions of Section 3(c), Bio Check may terminate Executive’s employment with Bio Check at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of Bio Check relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company and Bio Check under this Agreement shall cease, unless Executive’s employment is terminated without Cause or Executive terminates his employment for Good Reason, in which case Bio Check shall provide Executive with the severance benefits described in Section 3.b below.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!