Former Employment Agreement Sample Clauses

Former Employment Agreement. The Former Employment Agreement is terminated effective as of the effective date of this Agreement without any further liability of the parties thereto, and is replaced by this Agreement. 83234441.3 144975-000030 -17- [This page is intentionally blank] 83234441.3 144975-000030 -18-
Sample 1
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Former Employment Agreement. As a condition precedent to the --------------------------- effectiveness of the Merger, the Employee has tendered his resignation as an officer and director of the Parent and the Company. The Employee acknowledges that such resignation constitutes a termination by mutual agreement between the Company and him pursuant to Section 4(a)(v) of the Employment and Confidentiality Agreement dated May 31, 1994 between the Company and him (the "Former Employment Agreement") and that his covenants in Sections 5 and 6 of the Former Employment Agreement shall survive such termination in accordance with Section 4(b) thereof and shall not be affected by the Merger or this Agreement, except as provided in the following sentence. The Company and the Employee agree that the provisions of Sections 5 and 6 of the Former Employment Agreement shall be deemed amended to the extent necessary to permit the employee's employment as contemplated hereby.
Sample 1
Former Employment Agreement. In connection with employment under this Agreement, the consulting arrangement under Section 16.2 of the Former Employment agreement is hereby and forever terminated.
Sample 1
Former Employment Agreement. The Former Employment Agreement is terminated effective as of January 1, 2005 without any further liability of the parties thereto, and is replaced by this Agreement.
Sample 1

Related to Former Employment Agreement

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • Former Employment You represent and warrant that your employment by the Company will not conflict with and will not be constrained by any prior employment or consulting agreement or relationship. You represent and warrant that you do not possess confidential information arising out of prior employment which, in your best judgment, would be utilized in connection with your employment by the Company, except in accordance with agreements between your former employer and the Company.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Post-Agreement Employment In the event the Executive remains in the employ of the Company or any of its Affiliates following termination of this Agreement, by the expiration of the Term or otherwise, then such employment shall be at will.

  • Compensation; Employment Agreements 16 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies...... 16 5.16

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

  • 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.

  • 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 Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

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