Common use of No Employment Agreement, Employment at Will Clause in Contracts

No Employment Agreement, Employment at Will. Executive and the Company each acknowledge and agree that: (i) this Agreement does not provide for the terms and conditions of Executive’s employment with the Company prior to any Change of Control and does not require or obligate Executive to provide services to the Company or the Company to continue to employ Executive; and (ii) Executive’s employment with the Company is and remains an employment relationship terminable at will and without advance notice by either Executive or the Company.

Appears in 5 contracts

Samples: Change of Control Agreement (Pericom Semiconductor Corp), Change of Control Agreement (Pericom Semiconductor Corp), Change of Control Agreement (Electroglas Inc)

AutoNDA by SimpleDocs

No Employment Agreement, Employment at Will. Executive and the Company each acknowledge and agree that: (i) this Agreement does not provide for the terms and conditions of Executive’s 's employment with the Company prior to any Change of Control and does not require or obligate Executive to provide services to the Company or the Company to continue to employ Executive; and (ii) Executive’s 's employment with the Company is and remains an employment relationship terminable at will and without advance notice by either Executive or the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (PDF Solutions Inc), Change of Control Agreement (Electroglas Inc)

AutoNDA by SimpleDocs

No Employment Agreement, Employment at Will. Except as previously herein provided, Executive and the Company each acknowledge and agree that: (i) this Agreement does not provide for the terms and conditions of Executive’s 's employment with the Company prior to any Change of Control and does not require or obligate Executive to provide services to the Company or the Company to continue to employ Executive; and (ii) Executive’s 's employment with the Company is and remains an employment relationship terminable at will and without advance notice by either Executive or the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (JDS Uniphase Corp /Ca/), Change of Control Agreement (JDS Uniphase Corp /Ca/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!