At Will. Executive and the Company acknowledge and agree that Executive's employment with the Company is expressly "at will." This means that either party may terminate Executive's employment for any reason with or without cause. Any termination of Executive's employment is, however, subject to the terms and provisions of this Agreement as to Severance Pay (as defined below) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a).
Appears in 7 contracts
Samples: Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp)
At Will. Executive and the Company acknowledge and agree that Executive's employment with the Company is expressly "at will." both during and after the term of this Agreement. This means that either party may terminate Executive's employment for any reason with or without cause. Any termination of Executive's employment is, however, subject to the terms and provisions of this Agreement as to Severance Pay (as defined below) severance pay and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)other obligations.
Appears in 5 contracts
Samples: Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp)
At Will. The Executive is an employee at will and nothing in this Agreement is intended to change that status in any way. As a result, the Executive and/or the Company acknowledge and agree that Executive's can terminate the employment with the Company is expressly "relationship at will." This means that either party may terminate Executive's employment for any reason with or without causetime. Any termination of Executive's employment isThe parties agree, however, subject to that if the terms and provisions of this Agreement as to Severance Pay Company terminates the employment relationship without Cause or the employee resigns for Good Reason (as each term is defined below) and Option vesting in accordance with Sections 3.2(aherein), 3.2(b) and 3.3(a)then the Executive shall be eligible to receive the Severance Benefits as defined in Section 5.
Appears in 4 contracts
Samples: Employment Agreement (Ascend Wellness Holdings, Inc.), Employment Agreement, Non Plan Restricted Stock Unit Agreement (Ascend Wellness Holdings, Inc.)
At Will. Executive and the Company acknowledge and agree that Executive's employment with the Company is expressly "at will." This means that during the term of this Agreement. Accordingly, either party may terminate Executive's employment for any reason by the Company, with or without cause. Any , in which case Executive shall have no claim for lost wages, although termination of Executive's employment is, however, shall be subject to the terms and provisions conditions of this Agreement as regarding severance pay, benefits and other obligations. Executive and the Company are not party to Severance Pay (as defined below) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)any oral agreement relating to the Executive's employment by the Company.
Appears in 4 contracts
Samples: Employment Agreement (Ventures National Inc), Employment Agreement (Ventures National Inc), Employment Agreement (Ventures National Inc)
At Will. The Executive is an employee at will and nothing in this Agreement is intended to change that status in any way. As a result, the Executive and/or the Company acknowledge and agree that Executive's can terminate the employment with the Company is expressly "relationship at will." This means that either party may terminate Executive's employment for any reason with or without causetime. Any termination of Executive's employment isThe parties agree, however, subject to that if the terms and provisions of this Agreement as to Severance Pay Company terminates the employment relationship without Cause or the employee resigns for Good Reason (as each term is defined below) and Option vesting in accordance with Sections 3.2(aherein), 3.2(b) then the Executive shall be eligible to receive the Severance Benefits as defined and 3.3(a)as limited in Section 5.
Appears in 2 contracts
Samples: Employment Agreement (Ascend Wellness Holdings, Inc.), Employment Agreement
At Will. Executive acknowledge that the Executive’s employment is and the shall continue to be at-will, as defined under applicable law. Company acknowledge and agree that Executive's employment with the Company is expressly "at will." This means that either party or Executive may terminate this Agreement by notice pursuant to Section 3(b) hereof. If the Executive's ’s employment terminates for any reason with reason, the Executive shall not be entitled to any payments, benefits, damages, awards or without cause. Any termination compensation other than as provided by this Agreement, or as may otherwise be established under the Company’s then existing employee benefit plans or policies at the time of Executive's employment is, howevertermination, subject to the terms and provisions of this Agreement as to Severance Pay (as defined belowSection 14(b) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)hereof.
Appears in 2 contracts
Samples: Executive Employment Agreement (Pixelworks, Inc), Executive Employment Agreement (Pixelworks, Inc)
At Will. Executive and the Company acknowledge and agree that ------- Executive's employment with the Company is expressly "at at-will." both during and after the term of this Agreement. This means that either party may terminate Executive's employment for any reason with or without cause. Any termination of Executive's employment is, however, subject to the terms and provisions of this Agreement as to Severance Pay (as defined below) severance pay and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)other obligations.
Appears in 1 contract
Samples: Employment Agreement (Buy Com Inc)
At Will. Executive and acknowledge that the Company acknowledge and agree that Executive's employment with the is and shall continue to be at-will, as defined under applicable law. Company is expressly "at will." This means that either party or Executive may terminate this Agreement by notice pursuant to Section 3(b) hereof. If the Executive's employment terminates for any reason with reason, the Executive shall not be entitled to any payments, benefits, damages, awards or without cause. Any termination compensation other than as provided by this Agreement, or as may otherwise be established under the Company's then existing employee benefit plans or policies at the time of Executive's employment is, howevertermination, subject to the terms and provisions of this Agreement as to Severance Pay (as defined belowSection 14(b) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)hereof.
Appears in 1 contract