Common use of Cessation of Employment Relationship Clause in Contracts

Cessation of Employment Relationship. The employment of the Executive with the Companies will terminate on July 31, 2010 (the “Termination Date”). The Executive hereby retires, effective as of the Termination Date, as a member of the Board and from all other positions and offices with the Companies and any affiliate of the Companies. The Executive agrees to provide advice and assistance to aid in management transition following the Termination Date, as reasonably requested by the Company and on mutually agreeable terms. In connection with providing such advice and assistance, the Executive will be provided reasonably necessary secretarial and other customary administrative assistance, as mutually agreed.

Appears in 1 contract

Samples: Separation Agreement (Omnicare Inc)

AutoNDA by SimpleDocs

Cessation of Employment Relationship. The employment of the Executive with the Companies will terminate on July 31, 2010 (the “Termination Date”). The Executive hereby retiresresigns, effective as of the Termination Date, as a member of the Board and from all other positions and offices with the Companies and any affiliate of the Companies. The Executive agrees to provide advice and assistance to aid in management transition following the Termination Date, as reasonably requested by the Company and on mutually agreeable terms. In connection with providing such advice and assistance, the Executive will be provided reasonably necessary secretarial and other customary administrative assistance, as mutually agreed.

Appears in 1 contract

Samples: Separation Agreement (Omnicare Inc)

Cessation of Employment Relationship. The employment of the Executive with the Companies Company will terminate effective on July 31March 28, 2010 2014 (the “Termination Date”). The Executive hereby retires, effective Effective as of the Termination Date, as a member of the Board and Executive hereby resigns from all other positions positions, offices and offices directorships with the Companies Company and any affiliate of the Companies. The Executive agrees to provide advice and assistance to aid in management transition following the Termination Date, as reasonably requested by the Company and on mutually agreeable terms. In connection with providing such advice and assistance, the Executive will be provided reasonably necessary secretarial and other customary administrative assistance, as mutually agreedCompany.

Appears in 1 contract

Samples: Termination and Release Agreement (Wyndham Worldwide Corp)

AutoNDA by SimpleDocs

Cessation of Employment Relationship. The employment of the Executive with the Companies Company will terminate effective on July 31April 28, 2010 2017 (the “Termination Date”). The Executive hereby retires, effective Effective as of the Termination Date, as a member of the Board and Executive hereby resigns from all other positions positions, offices and offices directorships with the Companies Company and any affiliate and subsidiary of the CompaniesCompany, as well as from any positions, offices and directorships on the Company’s and its affiliates’ and subsidiaries’ foundations, benefits plans and programs. The Executive agrees to provide advice and assistance to aid in management transition following the Termination Date, as reasonably requested by Executive’s last day at the Company and on mutually agreeable terms. In connection with providing such advice and assistanceshall be April 28, the Executive will be provided reasonably necessary secretarial and other customary administrative assistance, as mutually agreed2017 (“Last Day of Work”).

Appears in 1 contract

Samples: Termination and Release Agreement (Wyndham Worldwide Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.