Election Not to Extend the Employment Period. If the Company elects not to extend the Employment Period pursuant to Section 3.2 such that the Employment Period terminates, the nonextension shall be treated as a Termination without Cause.
Appears in 4 contracts
Samples: Employment Agreement (Graham Packaging Co Inc.), Employment Agreement (Graham Packaging Co Inc.), Option Agreement (Graham Packaging Holdings Co)
Election Not to Extend the Employment Period. If the Company elects not to extend the Employment Period pursuant to Section 3.2 such that the Employment Period terminates, the nonextension shall not be treated treated, for purposes of Section 7.4, as a Termination without CauseCause or constitute Good Reason for Executive to terminate employment.
Appears in 1 contract
Samples: Employment Agreement (Graham Packaging Holdings Co)
