Common use of No Right of Employment Clause in Contracts

No Right of Employment. Executive and the Company acknowledge that the employment of Executive by the Company is "at will," and prior to the date of a Change in Control, may be terminated by either Executive or the Company at any time. Upon a termination of Executive's employment prior to the date of a Change in Control, there shall be no further rights under this Agreement and this Agreement shall terminate and be of no further force and effect.

Appears in 12 contracts

Samples: Change in Control Agreement (Collins & Aikman Corp), Change in Control Agreement (Collins & Aikman Corp), Change in Control Agreement (Collins & Aikman Corp)

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No Right of Employment. Executive and the Company acknowledge that the employment of Executive by the Company is "at will," and prior to the date of a Change in Control, may be terminated by either Executive or the Company at any time. Upon a termination of Executive's employment prior to the date of a Change in Control, there shall be no further rights under this Agreement and this Agreement shall terminate and be of no further force and effect.

Appears in 3 contracts

Samples: Severance Benefit Agreement (Collins & Aikman Corp), Severance Benefit Agreement (Collins & Aikman Corp), Severance Benefit Agreement (Collins & Aikman Corp)

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No Right of Employment. Executive and the Company acknowledge that the employment of Executive by the Company is "at will," ", and prior to the date of a Change in Control, may be terminated by either Executive or the Company at any time. Upon a termination of Executive's employment prior to the date of a Change in Control, there shall be no further rights under this Agreement and this Agreement shall terminate and be of no further force and effect.

Appears in 2 contracts

Samples: Change in Control Agreement (Collins & Aikman Corp), Change in Control Agreement (Collins & Aikman Corp)

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