Common use of Not an Agreement of Employment Clause in Contracts

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation reserves the right to terminate the Executive's employment at any time with or without cause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months prior to, a Change of Control, as defined herein. The Executive acknowledges that he is aware that he shall have no claim against the Corporation hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not satisfy the requirements hereof or as a result of any other action taken by the Corporation. The foregoing shall not affect the Executive's rights under any other agreement with the Corporation.

Appears in 5 contracts

Samples: Change of Control Agreement (Alcan Inc), Change of Control Agreement (Alcan Inc), Change of Control Agreement (Alcan Inc)

AutoNDA by SimpleDocs

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation reserves the right to terminate the Executive's employment at any time with or without cause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months prior to, a Change of Control, as defined herein. The Executive acknowledges that he is aware that he shall have no claim against the Corporation hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not specifically satisfy the requirements hereof or as a result of any other action taken by the Corporation. The foregoing shall not affect the Executive's rights under any other agreement with the Corporation.

Appears in 3 contracts

Samples: Change of Control Agreement (Alcan Inc), Change of Control Agreement (Alcan Inc), Employment Agreement (Alcan Inc)

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation Company reserves the right to terminate the Executive's ’s employment at any time with or without causeCause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months 180 days prior to, a Change of in Control, as defined herein. The Executive acknowledges that he the Executive is aware that he the Executive shall have no claim against the Corporation Company hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not specifically satisfy the requirements hereof or as a result of any other action taken by the CorporationCompany. The Except as expressly provided herein, the foregoing shall not affect the Executive's ’s rights under any other agreement with the CorporationCompany.

Appears in 2 contracts

Samples: Change in Control Agreement (Champion Enterprises Inc), Change in Control Agreement (Champion Enterprises Inc)

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation reserves the right to terminate the Executive's ’s employment at any time with or without cause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months prior to, a Change of Control, as defined herein. The Executive acknowledges that he is aware that he shall have no claim against the Corporation hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not satisfy the requirements hereof or as a result of any other action taken by the Corporation. The foregoing shall not affect the Executive's ’s rights under any other agreement with the Corporation.

Appears in 2 contracts

Samples: Change of Control Agreement (Alcan Inc), Change of Control Agreement (Alcan Inc)

AutoNDA by SimpleDocs

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation Company reserves the right to terminate the Executive's employment at any time with or without causeCause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months 180 days prior to, a Change of in Control, as defined herein. The Executive acknowledges that he the Executive is aware that he the Executive shall have no claim against the Corporation Company hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not specifically satisfy the requirements hereof or as a result of any other action taken by the CorporationCompany. The Except as expressly provided herein, the foregoing shall not affect the Executive's rights under any other agreement with the CorporationCompany.

Appears in 2 contracts

Samples: Change in Control Agreement (Champion Enterprises Inc), Change in Control Agreement (Champion Enterprises Inc)

Not an Agreement of Employment. This is not an agreement assuring employment and the Corporation reserves the right to terminate the Executive's employment at any time with or without cause, subject to the Employment Agreement and the payment provisions hereof if such termination is after, or within three (3) months prior to, a Change of Control, as defined herein. The Executive acknowledges that he is aware that he shall have no claim against the Corporation hereunder or for deprivation of the right to receive the amounts hereunder as a result of any termination that does not specifically satisfy the requirements hereof or as a result of any other action taken by the Corporation. The foregoing shall not affect the Executive's rights under any other agreement with the Corporation.

Appears in 1 contract

Samples: Executive Employment Agreement (Alcan Aluminium LTD /New)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!