Common use of Employees Covenants Clause in Contracts

Employees Covenants. The Employee agrees that, subject to the terms -------------------- and conditions of this Agreement, the Employee will remain in the employ of the Company until the earliest of (i) the date of a Change in Control which is not an Approved Change in Control, (ii) the first anniversary of the date of an Approved Change in Control, (iii) the date of termination by the Employee of his/her employment for Good Reason, by reason of death or Retirement, or (iv) the termination by the Company of the Employee's employment for any reason.

Appears in 8 contracts

Samples: Key Employee Retention Agreement (Lumonics Inc), Key Employee Retention Agreement (General Scanning Inc \Ma\), Key Employee Retention Agreement (Lumonics Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!