Common use of Relinquishment of Authority Clause in Contracts

Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to you, the Company may immediately relieve you of all your duties and responsibilities hereunder and may relieve you of authority to act on behalf of, or legally bind, the Company. However, such action by the Company shall not alter the Company’s obligations to you with regard to the procedure for a termination.

Appears in 15 contracts

Samples: Executive Employment Agreement (Blink Technologies, Inc.), At Will Consulting Agreement (RenovaCare, Inc.), Consulting Agreement (Janus Resources, Inc.)

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Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to you, the Company may immediately relieve you of all your duties and responsibilities hereunder and may relieve you of authority to act on behalf of, or legally bind, the Company. However, such action by the Company shall not alter the Company’s 's obligations to you with regard to the procedure for a termination.

Appears in 2 contracts

Samples: Employment Agreement (New Energy Technologies, Inc.), Employment Agreement (New Energy Technologies, Inc.)

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Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to you, the Company may immediately relieve you of all your duties and responsibilities hereunder and may relieve you of authority to act on behalf of, or legally bind, the Company. However, such action by the Company shall not alter the Company’s obligations to you with regard to the procedure for a termination.. February 2, 2011 Re: At Will Employment Agreement

Appears in 1 contract

Samples: At Will Employment Agreement (New Energy Technologies, Inc.)

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