Common use of No Implied Employment Rights Clause in Contracts

No Implied Employment Rights. The Employee hereby acknowledges and agrees that nothing in this Agreement shall be construed to imply that his or her employment is guaranteed for any period of time. The Employee understands and agrees that his or her employment is, unless otherwise specified in a written agreement signed by the Employee and a duly authorized officer of the Company or a Company Entity, “at will,” which means that either the Company or a Company Entity or the Employee can terminate the employment relationship at any time, with or without advance notice, for any reason or no reason, and with or without cause. The Employee acknowledges and agrees that the only way that his or her “at will” employment relationship, if applicable, can be altered is by a written agreement signed by the Employee and a duly authorized officer of the Company or a Company Entity.

Appears in 2 contracts

Samples: Severance Agreement (Smart Balance, Inc.), Change of Control Agreement (Smart Balance, Inc.)

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No Implied Employment Rights. The Employee hereby acknowledges and agrees that nothing in this Agreement shall be construed to imply that his or her employment is guaranteed for any period of time. The Employee understands and agrees that his or her employment is, unless otherwise specified in a written agreement signed by the Employee and a duly authorized executive officer of the Company or a Company EntityCompany, “at will,” which means that either the Company or a Company Entity or the Employee can terminate the employment relationship at any time, with or without advance notice, for any reason or no reason, and with or without cause. The Employee acknowledges and agrees that the only way that his or her “at will” employment relationship, if applicable, can be altered is by a written agreement signed by the Employee and a duly authorized executive officer of the Company or a Company EntityCompany.

Appears in 1 contract

Samples: Change of Control Agreement (Mti Technology Corp)

No Implied Employment Rights. The Employee hereby acknowledges and agrees that nothing in this Agreement shall be construed to imply that his or her employment is guaranteed for any period of time. The Employee understands and agrees that his or her employment is, unless otherwise specified in a written agreement signed by the Employee and a duly authorized officer of the Company or a Company EntityCompany, “at will,” which means that either the Company or a Company Entity or the Employee can terminate the employment relationship at any time, with or without advance notice, for any reason or no reason, and with or without cause. The Employee acknowledges and agrees that the only way that his or her “at will” employment relationship, if applicable, can be altered is by a written agreement signed by the Employee and a duly authorized officer of the Company or a Company EntityCompany.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

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No Implied Employment Rights. The Employee hereby acknowledges and agrees that nothing in this Agreement shall be construed to imply that his or her employment is guaranteed for any period of time. The Employee understands and agrees that his or her employment is, unless otherwise specified in a written agreement signed by the Employee and a duly authorized executive officer of the Company or a Company EntityCompany, “at will,” which means that either the Company or a Company Entity or the Employee can terminate the employment relationship at any time, with or without advance notice, for any reason or no reason, and with or without cause. The Employee acknowledges and agrees that the only way that his or her “at will” employment relationship, if applicable, can be altered is by a written agreement signed by the Employee and a duly authorized executive officer of the Company or a Company EntityCompany.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

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