Common use of Basic Rule Clause in Contracts

Basic Rule. The Company agrees to continue the Employee’s Employment, and the Employee agrees to remain in Employment with the Company, from the date of this Agreement until the date when the Employee’s Employment terminates pursuant to Subsection (b) or (c) below. The Employee’s Employment with the Company shall be “at will,” meaning that either the Employee or the Company may terminate the Employee’s Employment at any time, with or without cause. Any contrary representations which may have been made to the Employee shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Employee and the Company on the “at will” nature of the Employee’s Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the Company.

Appears in 6 contracts

Samples: Employment Agreement (Vanda Pharmaceuticals Inc.), Employment Agreement (Vanda Pharmaceuticals Inc.), Employment Agreement (Vanda Pharmaceuticals Inc.)

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Basic Rule. The Company agrees to continue the Employee’s 's Employment, and the Employee agrees to remain in Employment with the Company, from the date of this Agreement until the date when the Employee’s 's Employment terminates pursuant to Subsection (b) or (c) below. The Employee’s 's Employment with the Company shall be "at will," meaning that either the Employee or the Company may terminate the Employee’s 's Employment at any time, with or without cause. Any contrary representations which may have been made to the Employee shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Employee and the Company on the "at will" nature of the Employee’s 's Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Vanda Pharmaceuticals Inc.), Employment Agreement (Vanda Pharmaceuticals Inc.), Employment Agreement (Vanda Pharmaceuticals Inc.)

Basic Rule. The Company agrees to continue the Employee’s Employment, and the Employee agrees to remain in Employment with the Company, from the date of this Agreement until the date when the Employee’s Employment terminates pursuant to Subsection (b) or (c) below. The Employee’s Employment with the Company shall be “at will,” meaning that either the Employee or the Company may terminate the Employee’s Employment at any time, with or without causeCause. Any contrary representations which may have been made to the Employee shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Employee and the Company on the “at will” nature of the Employee’s Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the CompanyCompany (other than the Employee).

Appears in 2 contracts

Samples: Employment Agreement (Vanda Pharmaceuticals Inc.), Employment Agreement (Vanda Pharmaceuticals Inc.)

Basic Rule. The Company agrees to continue the Employee’s Employment, and the Employee agrees to remain in Employment with the Company, from the period commencing on the date of this Agreement until the date when the Employee’s Employment terminates pursuant to Subsection subsection (bc) or (cd) below. The Employee’s Employment with the Company shall be “at will,” meaning that either the Employee or the Company may shall be entitled to terminate the Employee’s Employment employment at any timetime and for any reason, with or without causeCause. Any contrary representations which that may have been made to the Employee shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Employee and the Company on the “at will” nature of the Employee’s Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Planetout Inc)

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Basic Rule. The Company agrees to continue the Employee’s 's Employment, and the Employee agrees to remain in Employment with the Company, from the date of this Agreement until the date when the Employee’s 's Employment terminates pursuant to Subsection (b) or (c) below. The Employee’s 's Employment with the Company shall be "at will," meaning that either the Employee or the Company may terminate the Employee’s 's Employment at any time, with or without cause. Any contrary representations which may have been made to the Employee shall be superseded by this Agreement. Agreement This Agreement shall constitute the full and complete agreement between the Employee and the Company on the "at will" nature of the Employee’s 's Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Vanda Pharmaceuticals Inc.)

Basic Rule. The Company agrees to continue the Employee’s Employment, and the Employee agrees to remain in Employment with the Company, from the date of this Agreement Commencement Date until the date when the Employee’s Employment terminates pursuant to this Subsection (b5(b) or (cSubsection 5(c) below. The Employee’s Employment with the Company shall be “at will,” meaning that either the Employee or the Company may shall be entitled to terminate the Employee’s Employment employment at any timetime and for any reason, with or without causeCause. Any contrary representations which that may have been made to the Employee shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Employee and the Company on the “at will” nature of the Employee’s Employment, which may only be changed in an express written agreement signed by the Employee and a duly authorized officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Planetout Inc)

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