Employment and Termination. Neither the Plan, this Agreement nor any related documents, communications or other material shall give Employee the right to continued employment by BellSouth or by any Subsidiary or shall adversely affect the right of any such company to terminate Employee's employment with or without cause at any time.
Employment and Termination. Neither the Plan, this -------------------------- Option Agreement nor any transaction contemplated hereunder shall give the Optionee the right to continue in employment by the Company or shall adversely affect the right of the Company to terminate the Optionee's employment with or without cause at any time.
Employment and Termination. 2.5.1 The employees are employed by means of a written contract (employment contract) signed by the employee and the employer. The employment contract shall be in Norwegian, and in English, if applicable. The employment contract shall include the name of the employer, who can accept resignations or terminate employment on behalf of the employer, the employee's position and wage rate, and shall otherwise satisfy the requirements of the (Norwegian) Working Environment Act. In the event of a dispute regarding interpretation of the employment contract, the Norwegian text shall take precedence.
2.5.2 The employee shall be familiarised with this Agreement upon employment, and the employment contract shall refer to this Agreement.
2.5.3 Vacant and new positions shall normally be announced internally.
2.5.4 The Norwegian language should be used to the greatest possible extent. Other languages may be used if necessary or reasonable for the implementation of activities.
2.5.5 Upon leaving the company, employees shall receive the pay they are due, including pay for accrued days off which cannot be taken due to the termination of employment.
2.5.6 The termination rules pursuant to the Working Environment Act shall apply to work under this Collective Wage Agreement.
2.5.7 When a termination notice is presented and the period of notice according to Section 15 of the Working Environment Act expires on a specific date (i.e. the end of a month), the employment relationship will terminate immediately after the last available period that is concluded prior to the specified date. In cases where there is an established shift schedule, the employment relationship shall be terminated immediately after the last trip offshore that is concluded prior to the specified date.
2.5.8 When the notice period expires on a date that falls within an offshore period, the employment relationship will terminate after this offshore period is concluded.
2.5.9 Articles 2.5.7 and 2.5.8 do not apply for employees who are employed for a specific period of time or to carry out specific work of a temporary nature, cf. Section 14-9 of the Working Environment Act.
Employment and Termination. Your employment with the Company will be at-will and may be terminated by you or by the Company at any time for any reason as follows: (a) you may terminate your employment upon written notice to the Board for “Good Reason,” as defined below (a “Constructive Termination”); (b) you may terminate your employment upon written notice to the Board at any time in your discretion without Good Reason (“Voluntary Termination”); (c) the Company may terminate your employment upon written notice to you at any time following a determination that there is “Cause,” as defined below, for such termination (“Termination for Cause”); and (d) the Company may terminate your employment upon written notice to you at any time without Cause for such termination (“Termination without Cause”). Notwithstanding anything to the contrary in this Agreement, (i) any reference herein to a termination of your employment is intended to constitute a “separation from service” within the meaning of Section 409A of the Code (as defined below), and Section 1.409A-1(h) of the regulations promulgated thereunder, and shall be so construed, and (ii) no payment will be made or become due to you upon termination of your employment unless such termination constitutes a “separation from service” within the meaning of Section 409A of the Code (as defined below) and you further resign from all positions held at the Company (including as a member of the Board) consistent with Section 2 of this Agreement.
Employment and Termination. Your Term of Employment may be terminated by you or by Intersil at any time for any reason as follows:
(a) You may terminate your employment upon written notice to the CEO at any time in your discretion without reason (“Voluntary Termination”); provided that you give Intersil 45 days written notice. The CEO, in the CEO’s sole discretion, may waive the 45-day notice provision and in such event your Voluntary Termination will be effective on an earlier date determined by the CEO.
(b) During the Term of Employment, you may terminate your employment upon written notice to the CEO and the Board at any time in your discretion because of the occurrence of (i) any material and substantial diminution of your duties and authorities, (ii) a demotion from the office of President and/or Chief Operating Officer, or (iii) any failure by Intersil to comply with the terms of this Employment Agreement, which failure is not cured within 30 days from the date you send written notice to Intersil of such non-compliance (“Involuntary Termination”).
(c) Intersil may terminate your employment upon written notice to you at any time following a determination by the Company that there is “Cause” for such termination (“Termination for Cause”). “Cause” means (i) your conviction of a felony which constitutes a crime involving moral turpitude and results in material harm to Intersil or any of its affiliates; (ii) a judicial determination that you have committed fraud, misappropriation or embezzlement against Intersil or any affiliate thereof; or (iii) your willful or gross and repeated misconduct in the performance of your duties in each instance so as to cause material harm to Intersil or any of its affiliates.
Employment and Termination. Your employment with Intersil may be terminated by you or by Intersil at any time for any reason as follows:
(a) You may terminate your employment upon written notice to the Board at any time in your discretion without reason (“Voluntary Termination”); provided that you give Intersil 60 days written notice. The Board in its sole discretion may waive the 60-day notice provision and in such event your Voluntary Termination shall be effective on an earlier date determined by the Board.
(b) You may terminate your employment upon written notice to the Board following the occurrence of any of the following events without your advance written consent: (i) any material and substantial diminution of your duties and authorities, (ii) a demotion from the office of Chief Executive Officer and/or President, (iii) removal by Intersil from your position as a Director of the Company (other than due to your disability (as defined below) or for a reason that would constitute a Termination for Cause as set forth below), or (iv) any failure by Intersil Confidential Intersil to comply with the material terms of this Employment Agreement (“Involuntary Termination”). Prior to terminating your employment due to an Involuntary Termination, you must (1) provide the Company with written notice within sixty (60) days after the first occurrence of the event giving rise to an Involuntary Termination setting forth the basis for your termination, (2) allow the Company at least thirty (30) days from receipt of such written notice to rescind or cure such event (the “Cure Period”), and (3) if such event is not reasonably cured within the Cure Period, your termination must be effective not later than ninety (90) days after the expiration of the Cure Period and in any event not later than two (2) years following the first occurrence of the event giving rise to an Involuntary Termination.
(c) Intersil may terminate your employment upon written notice to you at any time following a determination by the Board that there is “Cause” for such termination (“Termination for Cause”). “Cause” means (i) your conviction of, or plea of guilty or nolo contendre to, a felony which constitutes a crime involving moral turpitude and results in material harm to Intersil or any of its affiliates; (ii) a judicial determination that you have committed fraud, misappropriation or embezzlement against Intersil or any affiliate thereof; or (iii) your willful or gross and repeated misconduct in the performance of your ...
Employment and Termination. Neither the Plan, this Agreement nor the Escrow Agreement shall give Executive the right to continued employment by BellSouth or by any Subsidiary or shall adversely affect the right of any such company to terminate Executive's employment with or without cause at any time.
Employment and Termination. Nothing in this Agreement shall give Employee the right to continue in employment by the Company or limit the right of the Company to terminate Employee's employment with or without cause at any time.
Employment and Termination. Your employment with Veritas will be at-will and may be terminated by you or by Veritas at any time for any reason as follows:
a) You may terminate your employment upon written notice to the Board of Directors at any time for "Good Reason," as defined below (an "Involuntary Termination");
b) You may terminate your employment upon written notice to the Board of Directors at any time in your discretion without Good Reason ("Voluntary Termination");
c) Veritas may terminate your employment upon written notice to you at any time following a determination by two-thirds (2/3) vote of the entire Board of Directors that there is "Cause," as defined below, for such termination ("Termination for Cause");
d) Veritas may terminate your employment upon written notice to you at any time in the sole discretion of the Board of Directors without a determination that there is Cause for such termination ("Termination without Cause");
e) Your employment will automatically terminate upon your death or upon your disability as determined by the Board of Directors ("Termination for Death or Disability"); provided that "disability" shall mean your complete inability to perform your job responsibilities for a period of 180 consecutive days or 180 days in the aggregate in any 12-month period.
Employment and Termination. Upon any termination of your employment with the Company, you will receive payment for all unpaid salary and vacation accrued but not used through the date of your termination of employment, and your right to continued participation in employee benefits plans and policies will be as determined under the applicable plans and policies and applicable laws. In no way limiting the at-will nature of your employment, we note that:
(a) You may terminate your employment upon written notice to the Board at any time for “Good Reason,” as defined below (an “Involuntary Termination”);
(b) You may terminate your employment upon written notice to the Board at any time in your discretion without Good Reason (“Voluntary Termination”);
(c) The Company may terminate your employment upon written notice to you at any time following a determination by the Board that there is “Cause,” as defined below, for such termination (“Termination for Cause”);
(d) The Company may terminate your employment upon written notice to you at any time in the sole discretion of the Board without a determination that there is Cause for such termination (“Termination without Cause”); or
(e) Your employment will automatically terminate upon your death or upon your disability as determined by the Board (“
