Common use of Initial Term – Subsequent At-Will Employment Clause in Contracts

Initial Term – Subsequent At-Will Employment. The parties acknowledge and agree that Employee’s employment with Drone USA is for an initial period of two (2) years (the “Initial Term”); provided, however, Drone USA and Employee may Terminate Employee’s employment with Drone USA during the Initial Term as forth in Section 6. Upon expiration of the Initial Term, Employee’s employment with Drone USA, shall be for an unspecified duration and shall constitute “at-will” employment.

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Drone USA Inc.), Compete and Intellectual Property Agreement (Drone USA Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.