Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 65 contracts
Samples: Employment Agreement (Stewart Enterprises Inc), Change of Control Agreement (Tidewater Inc), Change of Control Agreement (Stewart Enterprises Inc)
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's ’s status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 9 contracts
Samples: Change of Control Agreement (Tidewater Inc), Continuing Employment and Separation Agreement (Offshore Logistics Inc), Change of Control Agreement (Tidewater Inc)
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Stewart Enterprises Inc), Employment Agreement (Stewart Enterprises Inc), Employment Agreement (Stewart Enterprises Inc)
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's ’s status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Stewart Enterprises Inc), Employment Agreement (Stewart Enterprises Inc), Continuing Employment and Separation Agreement (Tidewater Inc)
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Forman Petroleum Corp), Employment Agreement (Forman Petroleum Corp)
Company’s Reservation of Rights. The Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's ’s status as an employee and officer of the Company, or to change or diminish his or her status during the Employment TermPeriod, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 2 contracts
Samples: Form of Severance and Change of Control Agreement (Tidewater Inc), Executive Employment Agreement (Tidewater Inc)
Company’s Reservation of Rights. The Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate the Employee's =s status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 1 contract
Samples: Change of Control Agreement (Stewart Enterprises Inc)
Company’s Reservation of Rights. The Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's ’s status as an employee and officer of the Company, or to change or diminish his or her status during the Employment TermProtected Period, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 1 contract
Company’s Reservation of Rights. The Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status during the Employment Termterm of his employment hereunder, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 1 contract
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board of Directors and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status as President and Chief Executive Officer during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this AgreementSection 5(a) hereof if such action constitutes a termination by the Company without Cause or a termination by the Employee for Good Reason.
Appears in 1 contract
Company’s Reservation of Rights. Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's ’s status as an employee of the Company, or to change or diminish his or her status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.
Appears in 1 contract