Common use of Prohibition of Certain Employment Contracts Clause in Contracts

Prohibition of Certain Employment Contracts. Not enter into any contracts of employment which (i) cannot be terminated on notice of 14 days or less or (ii) provide for any severance payments or benefits covering a period beyond the termination date except as may be required by law;

Appears in 2 contracts

Samples: Stock Purchase Agreement (Brazos Sportswear Inc /De/), Plan and Agreement of Merger (Sun Sportswear Inc)

AutoNDA by SimpleDocs

Prohibition of Certain Employment Contracts. Not enter into any contracts of employment which (i) cannot be terminated on notice of 14 days or less or (ii) provide for any severance payments or benefits covering a period beyond the termination date (other than those which ITEQ has previously approved) except as may be required by law;

Appears in 2 contracts

Samples: Plan and Agreement of Merger (Astrotech International Corp /New), Plan and Agreement (Iteq Inc)

Prohibition of Certain Employment Contracts. Not enter into any contracts of employment which that (i) cannot be terminated on notice of 14 days or less or (ii) provide for any severance payments or benefits covering a period beyond the earlier of the termination date of this Agreement or notice thereof, except as may be required by law;.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Key Energy Services Inc)

AutoNDA by SimpleDocs

Prohibition of Certain Employment Contracts. Not enter into any contracts of employment which (i) cannot be terminated on notice of 14 days or less or (ii) provide for any severance payments or benefits covering a period beyond the termination date (other than those that Esenjay has previously approved) except as may be required by law;

Appears in 1 contract

Samples: Plan and Agreement of Merger (Esenjay Exploration Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.