Common use of Non-Renewal By Either Party Upon Expiration of the Initial or Renewal Term Clause in Contracts

Non-Renewal By Either Party Upon Expiration of the Initial or Renewal Term. For the avoidance of doubt, the parties agree that either party may elect, with or without cause, not to renew this Agreement at the end of the then-current Term and that Employee shall not be entitled to severance pay in the event of non-renewal by either party.

Appears in 2 contracts

Samples: Employment Agreement (Electromed, Inc.), Employment Agreement (Electromed, Inc.)

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Non-Renewal By Either Party Upon Expiration of the Initial or Renewal Term. For the avoidance of doubt, the parties agree that either party may elect, with or without cause, not to renew this Agreement at the end of the then-then current Term and that Employee shall not be entitled to severance pay in the event of non-renewal by either party.

Appears in 1 contract

Samples: Employment Agreement (Electromed, Inc.)

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Non-Renewal By Either Party Upon Expiration of the Initial or Renewal Term. For the avoidance of doubt, the parties agree that either party may elect, with or without cause, not to renew this Amended Agreement at the end of the then-current Term and that Employee shall not be entitled to severance pay in the event of non-renewal by either party.

Appears in 1 contract

Samples: Employment Agreement (Electromed, Inc.)

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