Common use of No Term Clause in Contracts

No Term. Nothing in this Agreement is intended to create a contract for employment for a definite term. Executive's employment with the Company is for an unspecified duration and constitutes “at-will” employment. Subject to Section 1 above, Executive's employment relationship may be terminated at any time, with or without cause or for any or no cause, at the option of the Company or Executive, with or without notice.

Appears in 4 contracts

Samples: Severance Agreement (Spectranetics Corp), Severance Agreement (Spectranetics Corp), Severance Agreement (Spectranetics Corp)

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