Employment Agreement Termination Sample Clauses

Employment Agreement Termination. The 1996 Employment Agreement is terminated and superceded by this Agreement.
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Employment Agreement Termination. The Current Employment Agreement shall have been terminated by the mutual written agreement of the parties thereto.
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Employment Agreement Termination. The 2005 Employment Agreement is hereby terminated.
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Employment Agreement Termination. Subject to and in accordance with -------------------------------- the terms and conditions set forth herein, Sound Source and Bitetti have mutually elected to (a) terminate the Employment Agreement as of the date hereof, (b) to terminate Bitetti's employment as Chairman of the Board of Sound Source effective as of the date hereof and (c) to terminate Bitetti's employment as Chief Executive Officer of Sound Source effective as of the earlier of (i) the date of the appointment of a new Chief Executive Officer or (ii) December 31, 2000 (the "Termination Date"); and Bitetti hereby resigns as Chairman of ---------------- the Board and Chief Executive Officer of Sound Source effective as of the Termination Date. Nothing in this Agreement or in the circumstances surrounding its execution shall be deemed to constitute a unilateral termination of Bitetti's employment as Chairman of the Board and Chief Executive Officer by either Sound Source or Bitetti. Neither the entering into of this Agreement nor anything contained in this Agreement shall be construed as an admission by any party or by anyone else of any wrongdoing or liability of any kind whatsoever, nor shall it constitute evidence of any wrongdoing or liability of any kind whatsoever for any purpose whatsoever.
Sample 1
Employment Agreement Termination. As of the close of business on the Closing Date, after the fulfilment of all of the Company's obligations to Xxxxxx X. Xxxxxx due upon Closing, the Company shall have terminated the Amended and Restated Employment Agreement with Xxxxxx X. Xxxxxx, without liability to Xx. Xxxxxx for any severance or other benefits thereunder.
Sample 1
Employment Agreement Termination. Xxxxxx shall have executed and delivered to the Company an agreement regarding the termination of his Employment Agreement with the Company; the Company (as owned by Sellers) shall be entitled to the deduction for Tax purposes of any amount payable to Xx. Xxxxxx by the Company in connection with termination of the Employment Agreement (but excluding any payments made to Xxxxxx pursuant to the Severance and Consulting Agreement).
Sample 1

Related to Employment Agreement Termination

  • Agreement Termination This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home office, or, if the mail is not used, the day it is delivered to the other party's home office or to an officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Employment Termination This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Term of Employment; Termination (a) The “

  • At-Will Employment; Termination The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

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