Modification, Discharge, Termination and Renewal of this Employment Contract Clause Samples

Modification, Discharge, Termination and Renewal of this Employment Contract. In the event that this Contract cannot be performed due to any material change of the objective circumstances upon which the execution of this Contract is based, the relevant part of this Contract may be modified after an unanimous agreement is made by Party A and Party B through consultation.
Modification, Discharge, Termination and Renewal of this Employment Contract. 6.1 In the event that this Contract cannot be performed due to any material change of the objective circumstances upon which the execution of this Contract is based, the relevant part of this Contract may be modified after an unanimous agreement is made by Party A and Party B through consultation. 6.2 This Employment Contract may be discharged after an unanimous agreement is made by the Parties through consultation. 6.3 Party A may discharge this Contract at any time if Party B has one of the following circumstances (hereinafter referred to as the “Reasonable Causes for Dismissal”): (a) Party B does not perform this Contract; (b) Party B seriously violates the labor disciplines or rules and regulations of the Company; (c) Party B commits a serious dereliction of duties, engages in malpractices for selfish ends, divulges trade secrets of the Company, violates the requirements of this Contract, or engages in any activities that are in violation of the relevant laws and regulations, thus causing ▇▇▇▇▇ to the interest of the Company; (d) Party B is subject to criminal liability in accordance with law. 6.4 Party A may discharge this Employment Contract if any one of the following circumstances occurs, provided that it shall give a 30-day prior written notice to Party B: (a) As a result of illness or personal injury, Party B has been on leave for ninety (90) days over the past 12 months or is unable to perform the duties of his/her original job or any new job provided by the Employer after expiration of the reasonable medical treatment period; should Party B suffer work related injury, Party A shall bear all reasonable medical expenses incurred thereby and pay basic salary to Party B (for a maximum of two years). In the event that Party B cannot be cured and recovered, the Parties shall consult separately to resolve it. (b) Following the discussion of the board of directors, Party B is determined to remain incompetent after training or allocation of other jobs; (c) A significant change arises in the objective circumstances based on which this Contract was concluded, thereby causing this Contract impossible or impractical to perform, and no agreement is reached by the Parties in respect of the amendment to this Contract after consultation; or (d) Other circumstances as required by the PRC laws and regulations. 6.5 If Party A needs to cut down its workforce during reorganization because of its being on the verge of bankruptcy or having great difficulties in its pr...