Common use of No Other Compensation; Employee at Will Clause in Contracts

No Other Compensation; Employee at Will. Except as provided in Sections 4, 5, 6, 8 and 9 hereof, no amount or benefit shall be payable to the Executive under this Agreement or otherwise except as required by law. This Agreement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Executive and the Company, the Executive is and shall remain “an employee at will” and shall not have any right to be retained in the employ of the Company.

Appears in 6 contracts

Samples: Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp)

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No Other Compensation; Employee at Will. Except as provided in Sections 4, 5, 6, 8 7, 9 and 9 10 hereof, no amount or benefit shall be payable to the Executive under this Agreement or otherwise except as required by law. This Agreement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Executive and the Company, the Executive is and shall remain “an employee at will” and shall not have any right to be retained in the employ of the Company.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp)

No Other Compensation; Employee at Will. Except as provided in Sections 2, 3, 4, 5, 6, 8 8, 9 and 9 14 hereof, no amount or benefit shall be payable to the Executive under this Agreement or otherwise except as required by law. This Agreement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Executive and the Company, the Executive is and shall remain "an employee at will" and shall not have any right to be retained in the employ of the Company.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Terex Corp), Change in Control and Severance Agreement (Terex Corp)

No Other Compensation; Employee at Will. Except as provided in Sections 3, 4, 5, 6, 8 and 9 hereof, no amount or benefit shall be payable to the Executive under this Agreement or otherwise except as required by law. This Agreement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Executive and the Company, the Executive is and shall remain "an employee at will" and shall not have any right to be retained in the employ of the Company.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Terex Corp)

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No Other Compensation; Employee at Will. Except as provided in Sections 4, 5, 6, 8 2 and 9 4 hereof, no amount or benefit shall be payable to the Executive under this Agreement or otherwise except as required by law. This Agreement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Executive and the Company, the Executive is and shall remain “an employee at will” and shall not have any right to be retained in the employ of the Company.

Appears in 1 contract

Samples: Transition and Retirement Agreement (Terex Corp)

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