Impact on Employment. The Employer and the Executive shall retain the right to terminate the employment of the Executive at any time and for any reason prior to a Change of Control. If a Change of Control occurs when the Executive is employed by the Employer, the Employer will continue thereafter to employ the Executive during the Employment Period.
Appears in 6 contracts
Samples: Executive Employment and Severance Agreement (Arizona Public Service Co), Key Executive Employment and Severance Agreement (Pinnacle West Capital Corp), Key Executive Employment and Severance Agreement (Pinnacle West Capital Corp)
Impact on Employment. The Employer and the Executive shall retain the right to terminate the employment of the Executive at any time and for any reason prior to a Change of Control. If a Change of Control occurs when the Executive is employed by the Employer, the Employer will continue thereafter to employ the Executive, and the Executive will remain in the employ of the Employer, in accordance with the terms and provisions of this Agreement, during the Employment Period.
Appears in 1 contract
Samples: Key Executive Employment and Severance Agreement (Pinnacle West Capital Corp)
