Common use of Employer’s Termination Clause in Contracts

Employer’s Termination. The Employer shall have the right to terminate this Agreement by providing at least 14 days’ notice. If the Employer should terminate this Agreement, the Employee shall be entitled to severance equal to paid leave in the amount of 2 week(s).

Appears in 2 contracts

Samples: Employment Contract Agreement (Ealixir, Inc.), Ealixir, Inc.

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Employer’s Termination. The Employer shall have the right to terminate this Agreement by providing at least 14 30 days’ notice. If , unless the Employer should terminate this Agreement, the Employee shall be entitled to severance equal to paid leave in the amount of 2 week(s)termination is for cause.

Appears in 1 contract

Samples: Employment Contract

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Employer’s Termination. The Employer shall have the right to terminate this Agreement by providing at least 14 days’ notice. If the Employer should terminate this Agreement, the Employee shall be entitled to severance severance, equal to paid leave in their pay at the amount time of termination, for a period of 14 days (2 week(sworkweeks). ☐ - For a Specified Time-Period beginning on the ___ day of ___________________, 20___ and ending on the ___ day of ___________________, 20___. At the end of said time-period, both parties will no longer have any obligation to one another.

Appears in 1 contract

Samples: Sample Employment Contract

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