Expiration of Agreement. Upon expiration of the term of this Agreement, including any renewal thereof, the obligations of the Company hereunder shall cease. Executive shall then be deemed to be an at-will employee of the Company or an Affiliate, as the case may be, subject to the rights and limitations attendant to such status. He or she shall be and remain bound by the provisions of Section 5 hereof, which shall survive such expiration.
Appears in 10 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (Cleco Corp), Executive Employment Agreement (Cleco Corp)
Expiration of Agreement. Upon expiration of the term of this the Agreement, including any renewal thereof, the obligations of the Company hereunder thereunder shall cease. Executive shall then be deemed to be an at-will employee of the Company or an Affiliate, as the case may be, subject to the rights and limitations attendant to such status. He or she shall be and remain bound by the provisions of Section 5 hereofof the Agreement, which shall survive such its expiration.
Appears in 2 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (Cleco Corp)