Common use of Employment Period Clause in Contracts

Employment Period. During the Employment Period, the Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companies, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companies, in accordance with the terms and provisions of this Agreement; provided, however, that either the Company or the Executive may terminate the employment relationship subject to the terms of this Agreement.

Appears in 39 contracts

Samples: Change of Control Agreement (Poniard Pharmaceuticals, Inc.), Change of Control Agreement (Fisher Communications Inc), Neorx Corporation Change of Control Agreement (Neorx Corp)

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Employment Period. During the Employment Period, the The Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companiesemploy, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companiesCompany, in accordance with the terms and provisions of this Agreement; provided, however, that either for the Company or the Executive may terminate the employment relationship subject to the terms of this AgreementEmployment Period.

Appears in 3 contracts

Samples: Employment Agreement (Noram Energy Corp/Old), Employment Agreement (Houston Lighting & Power Co), Employment Agreement (Reliant Energy Resources Corp)

Employment Period. During the Employment Period, the The Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companieshis employ, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companiesCompany, in accordance with for the duration of the Employment Period under the terms and conditions provided herein. This Agreement shall terminate at the end of the Employment Period, unless it is terminated prior to the end of the Employment Period by virtue of one of the provisions of this Agreement; provided, however, that either the Company or the Executive may terminate the employment relationship subject to the terms Section 5 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Kellstrom Industries Inc), Employment Agreement (Kellstrom Industries Inc)

Employment Period. During the Employment Period, the The Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companies, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companies, in accordance with the terms and provisions of this Agreement; provided, however, that either for a period commencing on the Company or Effective Date and ending on the Executive may terminate second anniversary of such date (the employment relationship subject to the terms of this Agreement"Employment Period").

Appears in 2 contracts

Samples: Change of Control Agreement (Centerspan Communications Corp), Change of Control Agreement (Ag Bag International LTD)

Employment Period. During the Employment Period, the Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companies, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companies, in accordance with the terms and provisions of this Agreement; provided, however, that either the Company or the Executive may terminate the employment relationship subject to the terms of this Agreement, or subject to the terms of the Employment Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Procyte Corp /Wa/)

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Employment Period. During the Employment Period, the The Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companiessubsidiaries, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companiessubsidiaries, in accordance with the terms and provisions of this Agreement; provided, however, that either Agreement for a period of three years commencing on the Company or the Executive may terminate the employment relationship subject to the terms date of this AgreementAgreement (the "Employment Period").

Appears in 1 contract

Samples: Employment Agreement (Immunex Corp /De/)

Employment Period. During the Employment Period, the The Company hereby agrees to continue the Executive in its employ or in the employ of its affiliated companies, and the Executive hereby agrees to remain in the employ of the Company or its affiliated companies, in accordance with the terms and provisions of this Agreement; provided, however, that either for the Company or period commencing on the Executive may terminate Effective Date and ending on the employment relationship subject to expiration of the terms Change of this AgreementControl Period (the "Employment Period").

Appears in 1 contract

Samples: Change of Control Agreement (Egghead Inc /Wa/)

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