Common use of Mutual Agreement Termination Clause in Contracts

Mutual Agreement Termination. If the Company’s Board of Directors determines to terminate this Agreement pursuant to the terms hereof, each Party hereby agrees to the Mutual Agreement Termination as described in Section 6(h)(iii) below. This Mutual Agreement Termination shall not constitute an admission of any wrong doing or improper behavior on the part of the Company or the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Mphase Technologies, Inc.), Employment Agreement (Verus International, Inc.), Employment Agreement (Mphase Technologies Inc)

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Mutual Agreement Termination. If the Company’s Board of Directors determines to terminate this Agreement pursuant to the terms hereof, each Party party hereby agrees to the Mutual Agreement Termination as described in Section 6(h)(iii) below. This Mutual Agreement Termination shall is not constitute an admission of any wrong doing or improper behavior on the part of the Company or the Executive.

Appears in 1 contract

Samples: Employment Agreement (Realbiz Media Group, Inc)

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