No Employment Obligation. Each Non-Manager Member and each Employee Stockholder acknowledges that neither this Agreement nor the provisions of the Non Solicitation Agreement creates an obligation on the part of the LLC to continue the employment of an Employee Stockholder with the LLC, and that such Employee Stockholder, unless he or she is a party to an Employment Agreement, is an employee at will of the LLC.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc)
No Employment Obligation. Each Non-Manager Member and each Employee Stockholder acknowledges that neither this Agreement nor the provisions of the Non Non-Solicitation Agreement creates create an obligation on the part of the LLC to continue the employment of an Employee Stockholder such Non-Manager Member with the LLC, and that such Employee StockholderNon-Manager Member, unless he or she is a party to an Employment Agreement, is an employee at will of the LLC.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc)
No Employment Obligation. Each Non-Manager Member and each Employee Stockholder acknowledges that neither this Agreement nor the provisions of the Non Non-Solicitation Agreement creates an obligation on the part of the LLC to continue the employment of an Employee Stockholder or any other Person with the LLC, and that such Employee Stockholder, unless he or she is a party to an Employment Agreement, is an employee at will of the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Affiliated Managers Group Inc)
No Employment Obligation. Each Non-Manager Member and each Employee Stockholder acknowledges that neither this Agreement nor the provisions of the Non Solicitation Agreement creates an no obligation on the part of the LLC (or any Controlled Affiliate thereof) to continue the employment of an Employee Stockholder or any other Person with the LLCLLC (or any Controlled Affiliate thereof), and that such Employee Stockholder, unless he or she is a party to an Employment Agreement, Stockholder is an employee at will of the LLCLLC and any of its Controlled Affiliates employing such Employee Stockholder.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Highbury Financial Inc)