Common use of Basic Rule Clause in Contracts

Basic Rule. The Company agrees to continue Executive's employment, and Executive agrees to remain in employment with the Company, from the Commencement Date set forth in Section 1(d) until the date when Executive's employment terminates pursuant to Section 2(b) below (the "Employment Period"). Executive's employment with the Company shall be "at will," which means that either Executive or the Company may terminate Executive's employment at any time for any reason, with or without Cause. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's employment, which may only be changed in an express written agreement signed by Executive and the Chief Executive Officer.

Appears in 5 contracts

Samples: Employment Agreement (BRG Acquisition Corp), Employment Agreement (BRG Acquisition Corp), Employment Agreement (Peth Jack W)

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Basic Rule. The Company agrees to continue Executive's employment, and Executive agrees to will remain in employment employed with the Company, from the Commencement Date set forth in Section 1(d) Company until the date when the Executive's employment ’s Employment terminates pursuant to Section 2(bSubsection (b) below (the "below. The Executive’s Employment Period"). Executive's employment with the Company shall be "at will," which means that ” and either the Executive or the Company may terminate the Executive's employment ’s Employment at any time time, for any reason, with or without Cause. Any contrary representations, which may have been made to the Executive shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Executive and the Company on the "at will" nature of the Executive's employment’s Employment, which may only be changed in an express written agreement signed by the Executive and a duly authorized officer of the Chief Executive OfficerCompany.

Appears in 2 contracts

Samples: Employment Agreement (Monogram Biosciences, Inc.), Employment Agreement (Monogram Biosciences, Inc.)

Basic Rule. The Company agrees to continue Executive's employment, and Executive agrees to remain in employment with the Company, from the Commencement Date set forth in Section 1(d) until the date when Executive's employment terminates pursuant to Section 2(b) below (the "Employment Period"). Executive's employment with the Company shall be "at will," which means that either Executive or the Company may terminate Executive's employment at any time for any reason, with or without Cause. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's employment, which may only be changed in an express written agreement signed by Executive and a duly authorized officer of the Chief Executive OfficerCompany (other than Executive).

Appears in 2 contracts

Samples: Employment Agreement (BRG Acquisition Corp), Employment Agreement (Peth Jack W)

Basic Rule. The Company agrees to continue Executive's ’s employment, and Executive agrees to remain in employment with the Company, from the Commencement Effective Date set forth in Section 1(d) until the date when May 2, 2008; provided, however, Executive's employment terminates pursuant to Section 2(b) below (the "Employment Period"). Executive's ’s employment with the Company shall be "at will," which means that either Executive or the Company may terminate Executive's ’s employment at any time time, for any reason, with Cause or without CauseCause (both, as defined below), subject to the severance provisions in Section 9.C below. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's ’s employment, which may only be changed in an express written agreement signed by Executive and the Chief Company. Any contrary representations, which may have been made to Executive Officershall be superseded by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Fallbrook Technologies Inc)

Basic Rule. The Company agrees to continue Executive's ---------- employment, and Executive agrees to remain in employment with the Company, from the Commencement Date set forth in Section 1(d) until the date when Executive's employment terminates pursuant to Section 2(bSubsection (b) below (the "Employment Period"). Executive's employment with the Company shall be "at will," which means that either Executive or the Company may terminate Executive's employment at any time time, for any reason, with or without CauseWithout Cause by providing written notice of such termination of employment. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's employmentAny contrary representations, which may only have been made to Executive shall be changed in an express written agreement signed superseded by Executive and the Chief Executive Officerthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Iasiaworks Inc)

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Basic Rule. The Company agrees to continue Executive's employment, and the Executive agrees to remain in employment with the Company, from the Commencement Date set forth in Section 1(d) until the date when Executive's employment terminates pursuant to Section 2(b) below (the "Employment Period")3.2 below. Executive's employment with the Company shall be "at will," which means that and either the Executive or the Company may terminate Executive's employment Employment at any time time, for any reason, with or without Cause. Any contrary representations which may have been made to the Executive shall be superceded by this Agreement. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's employment, which may only be changed only in an express written agreement signed by Executive and a duly authorized representative of the Chief Executive OfficerBoard or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Packeteer Inc)

Basic Rule. The Company agrees to continue Executive's ’s employment, and Executive agrees to remain in employment with the Company, from the Commencement Effective Date set forth in Section 1(d) until the date when May 2, 2008; provided, however, Executive's employment terminates pursuant to Section 2(b) below (the "Employment Period"). Executive's ’s employment with the Company shall be "at will," which means that either Executive or the Company may terminate Executive's ’s employment at any time time, for any reason, with Cause or without CauseWithout Cause (both, as defined below), subject to the severance provisions in Section 9.C below. This Agreement shall constitute the full and complete agreement between Executive and the Company on the "at will" nature of Executive's ’s employment, which may only be changed in an express written agreement signed by Executive and the Chief Board. Any contrary representations, which may have been made to Executive Officershall be superseded by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Fallbrook Technologies Inc)

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