Common use of Probationary Term Clause in Contracts

Probationary Term. During the first one hundred twenty (120) days of the Employment Term of this Agreement, Employee acknowledges and agrees that he/she shall be on probation, and that during such time period or within fifteen (15) days after the conclusion of such probationary period, this Agreement may be terminated at the sole discretion of Employer with or without cause. Thereafter, this Agreement shall remain in effect for the term set forth in Section III 1 hereof, unless earlier terminated as provided for herein.