Common use of No Effect on Employment Clause in Contracts

No Effect on Employment. This Agreement is not, and nothing ----------------------- hereby shall be deemed to create, a contract of employment between Sensormatic and Executive. The right of Sensormatic to terminate Executive's employment with Sensormatic or any subsidiary thereof, at any time at will or as otherwise provided in the Officer Agreement or any other agreement between Sensormatic and Executive, shall not be affected or limited by this Agreement and is specifically reserved. Further, this Agreement shall not be deemed to require Sensormatic to continue, or to continue unmodified, any benefit plan or policy, whether or not referred to in Section 3 hereof, provided that no Change in Control shall have occurred and no Attempted Change in Control shall have occurred and then be pending.

Appears in 12 contracts

Samples: Executive Employment Agreement (Sensormatic Electronics Corp), Executive Employment Agreement (Sensormatic Electronics Corp), Officer (Change of Control) Agreement (Sensormatic Electronics Corp)

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No Effect on Employment. This Agreement is not, and nothing ----------------------- hereby shall be deemed to create, a contract of employment between Sensormatic and Executive. The right of Sensormatic to terminate Executive's employment with Sensormatic or any subsidiary thereof, at any time at will or as otherwise provided in the Officer Agreement or any other agreement between Sensormatic and Executive, shall not be affected or limited by this Agreement and is specifically reserved. Further, this Agreement shall not be deemed to require Sensormatic to continue, or to continue unmodified, any benefit plan or policy, whether or not referred to in Section 3 hereof, provided that no Change in Control shall have occurred and no Attempted Change in Control shall have occurred and then be pending.

Appears in 4 contracts

Samples: Executive Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp)

No Effect on Employment. This Agreement is not, and nothing ----------------------- hereby shall be deemed to create, a contract of employment between Sensormatic and Executive. The right of Sensormatic to terminate Executive's employment with Sensormatic or any subsidiary thereof, at any time at will or as otherwise provided in the Officer Employment Agreement or any other agreement between Sensormatic and Executive, shall not be affected or limited by this Agreement and is specifically reserved. Further, this Agreement shall not be deemed to require Sensormatic to continue, or to continue unmodified, any benefit plan or policy, whether or not referred to in Section 3 hereof, provided that no Change in Control shall have occurred and no Attempted Change in Control shall have occurred and then be pending.

Appears in 3 contracts

Samples: Executive Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp), Executive Employment Agreement (Sensormatic Electronics Corp)

No Effect on Employment. This Agreement is not, and nothing ----------------------- hereby shall be deemed to create, a contract of employment between Sensormatic and Executive. The right of Sensormatic to terminate Executive's employment with Sensormatic Sensonnatic or any subsidiary thereof, at any time at will or as otherwise provided in the Officer Agreement or any other agreement between Sensormatic and Executive, shall not be affected or limited by this Agreement and is specifically reserved. Further, this Agreement shall not be deemed to require Sensormatic to continue, or to Ohio continue unmodified, any benefit plan or policy, whether or not referred to in Section 3 hereof, provided that no Change in Control shall have occurred and no Attempted Change in Control shall have occurred and then be pending.

Appears in 1 contract

Samples: Executive Employment Agreement (Sensormatic Electronics Corp)

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No Effect on Employment. This Agreement is not, and nothing ----------------------- hereby ------------------- shall be deemed to create, a contract of employment between Sensormatic and Executive. The right of Sensormatic to terminate Executive's employment with Sensormatic or any subsidiary thereof, at any time at will or as otherwise provided in the Officer Agreement or any other agreement between Sensormatic and Executive, shall not be affected or limited by this Agreement and is specifically reserved. Further, this Agreement shall not be deemed to require Sensormatic to continue, or to continue unmodified, any benefit plan or policy, whether or not referred to in Section 3 hereof, provided that no Change in Control shall have occurred and no Attempted Change in Control shall have occurred and then be pending.

Appears in 1 contract

Samples: Executive Employment Agreement (Sensormatic Electronics Corp)

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