Common use of Employment after Term Clause in Contracts

Employment after Term. (a) The Employee and the Company may, at their mutual option, consent to continue Employee's employment beyond the Expiration Date. In the event of any such continuation of Employee's employment by the Company beyond the Expiration Date which is not pursuant to a written employment agreement between Employee and the Company, the relationship between the Company and Employee shall be that of employment-at-will which may be terminated by either the Company or Employee at any time, with or without cause and with or without notice. In the event of any such continuation of Employee's employment, this Paragraph 8 will constitute the sole and entire agreement between the Company and Employee governing the terms and conditions of Employee’s employment with the Company.

Appears in 10 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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