Expiration of Employment Term. If Executive’s employment with the Company continues following the expiration of the Term, Executive shall be an employee-at-will whose employment may be terminated by the Company for any reason or for no stated reason at any time, subject only to the severance protections contemplated by Section 5 for the one-year period following the expiration of the Term.
Appears in 6 contracts
Samples: Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.)
Expiration of Employment Term. If Except as provided in Section 5(d)(i) in the case of a resignation by Executive for Good Reason, the continuation of Executive’s employment with the Company continues following Group beyond the expiration of the Term, Executive Employment Term following the delivery of a Notice of Non-Renewal shall be deemed an employee-employment at-will whose and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company for any reason or for no stated reason at any time, subject only to the severance protections contemplated by Section 5 for the one-year period following the expiration of the TermCompany.
Appears in 3 contracts
Samples: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.)
Expiration of Employment Term. If Executive’s employment with the Company continues following the expiration of the Term, Executive shall be an employee-at-will whose employment may be terminated by the Company for any reason or for no stated reason at any time, subject only to the severance protections contemplated by Section 5 for the one-year period following the expiration of the Term.. Xxx X. Xxxxxxxx Employment Agreement
Appears in 1 contract
Samples: Employment Agreement (Universal Insurance Holdings, Inc.)
