No Alteration of At-Will Employment Sample Clauses

No Alteration of At-Will Employment. This Agreement does not, and shall not be construed, to create or imply any contract of employment for any fixed or certain period of time. Employee understands and agrees that the status of Employee’s employment is, and shall hereafter continue to be “at will,” meaning that Employee may voluntarily leave the employ of the Company at any time, for any reason or no reason (with or without cause), and that the Company may discharge Employee from the Company’s employ at any time with or without cause or reason or notice. Subject to the limitations in Section 6 of this Agreement, while employed by the Company, Employee will at all times remain loyal to the Company and will not knowingly engage in conduct that would violate Company policy, be competitive with the Company, detrimental to, or in conflict with, the Company’s business interests, nor will Employee engage in conduct that creates a conflict of interest, including but not limited to engaging in competition with the Company or assisting others do so.
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No Alteration of At-Will Employment. This Agreement shall not be construed to create or imply a contract of employment for any fixed or certain period of time. You understand that the status of your employment is “at will,” which means that you may voluntarily leave the employ of the Company at any time (subject to the Notice Period in your Employment Letter Agreement), for any reason or no reason (with or without cause), and conversely may be terminated by the Company at any time (subject to the Notice Period in your Employment Letter Agreement) with or without Cause or reason or notice. [While employed by the Company, you will remain loyal to the Company and its Affiliates and will not knowingly engage in conduct that would violate a Company policy.
No Alteration of At-Will Employment. Employee agrees that only the Chief Executive Officer (“CEO”) of the Company has the authority to make any agreement that alters the “at-will” employment relationship, and acknowledges that any such agreement must be in writing and signed by the CEO of the Company in order to be effective.
No Alteration of At-Will Employment. This Agreement shall not be construed to create or imply a contract of employment for any fixed or certain period of time. Employee understands that the status of Employee’s employment is “at will,” which means that Employee may voluntarily leave the employ of the Company at any time, for any reason or no reason (with or without cause), and conversely may be terminated by the Company at any time with or without cause or reason or notice. Subject to the limitations in Section 3(f), while employed by the Company, Employee will remain loyal to the Company and will not knowingly engage in conduct that would violate Company policy, nor will Employee engage in conduct that creates a conflict of interest such as engaging in competition with the Company or helping others do so.
No Alteration of At-Will Employment. The parties acknowledge and agree that, except as may otherwise be expressly provided under any other executed agreement between the Executive and the Company, nothing contained in this Agreement (including, but not limited to, using the term "Good Cause" to determine benefits under this Agreement) is intended to change the "at will" employment of the Executive by the Company.

Related to No Alteration of At-Will Employment

  • At-Will Employment The Company and Executive acknowledge that Executive’s employment is and shall continue to be “at-will,” as defined under applicable law. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement.

  • At-Will Employment; Termination The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

  • Employment at Will Nothing in this Agreement or in the Plan shall confer upon Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Participant) or of Participant, which rights are hereby expressly reserved by each, to terminate Participant’s Service at any time for any reason, with or without cause.

  • RESTRICTION ON OUTSIDE EMPLOYMENT Unless otherwise specified by the Employer as being in an area that could represent a conflict of interest, employees shall not be restricted in engaging in other employment outside the hours they are required to work for the Employer.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date. (b) Employee's Employment shall terminate immediately upon the discharge of Employee by NOVA for "Cause." For the purposes of this Agreement, the term "Cause," when used with respect to termination by NOVA of Employee's Employment hereunder, shall mean termination as a result of: (i) Employee's material violation of the covenants set forth in Section 11 or 12, (ii) Employee's willful, intentional, or grossly negligent failure to perform his duties under this Agreement diligently and in accordance with the directions of NOVA; (iii) Employee's willful, intentional, or grossly negligent failure to comply with the good faith decisions or policies of NOVA; or (iv) final conviction of Employee of a felony materially adversely affecting NOVA; provided, however, that in the event -------- ------- NOVA desires to terminate Employee's Employment pursuant to subsections (i), (ii), or (iii) of this Section 7(b), NOVA shall first give Employee written notice of such intent, detailed and specific description of the reasons and basis therefor, and thirty (30) days to remedy or cure such perceived breach or deficiency (the "Cure Period"); provided, however, that -------- ------- with respect only to a breach that it is not possible to cure within such thirty (30) day period, so long as Employee is diligently using his best efforts to cure such breach or deficiency within such period and thereafter, the Cure Period shall be automatically extended for an additional period of time (not to exceed sixty (60) additional days) to enable Employee to cure such breach or deficiency, provided, further, that -------- ------- Employee continues to diligently use his best efforts to cure such breach or deficiency. If Employee does not cure the perceived breach or deficiency within the Cure Period, NOVA may discharge Employee immediately upon written notice to Employee. If NOVA desires to terminate Employee's Employment pursuant to subsection (iv) of this Section 7(b), NOVA shall first give Employee three (3) days prior written notice of such intent.

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.

  • Condition of Employment The Employee acknowledges that his/her employment and the continuance of that employment with the Company is contingent upon his/her agreement to sign and adhere to the provisions of this Agreement. The Employee further acknowledges that the nature of the Company’s business is such that protection of its proprietary and confidential information is critical to its survival and success.

  • Annual Leave upon termination (a) On termination of employment, the value of any accrued but untaken annual leave shall be paid out to an Employee. (b) Leave loading will also apply to annual leave paid out upon termination.

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