Common use of Term and Termination of Employment Clause in Contracts

Term and Termination of Employment. The term of Employee’s employment under this Agreement shall commence on the Effective Date of this Agreement and shall continue thereafter until terminated as follows: a. E ENERGY may terminate this Agreement without cause by notifying Employee of such termination at least 30 days in advance of the effective date of such termination. b. This Agreement shall automatically terminate upon the death or permanent disability (as determined in good faith by the Board of Directors) of Employee. c. Employee may terminate this Agreement by notifying the CEO of such termination at least 90 days in advance of the effective date of such termination. However, in the event Employee terminates this Agreement prior to one year from the Effective Date, Employee will be required to repay all reasonable recruiting costs incurred by E ENERGY in recruiting him and his replacement. Except as provided herein, all of Employee’s right to compensation and other benefits hereunder shall terminate upon the date his employment terminates, except: as may he mandated by law with respect to health insurance or other benefits.

Term and Termination of Employment. The term of EmployeeExecutive’s employment under this Agreement shall commence on the Effective Date of this Agreement and shall continue thereafter until terminated as follows: a. E ENERGY FUEL may terminate this Agreement without cause by notifying Employee Executive of such termination at least 30 90 days in advance of the effective date of such termination. FUEL may terminate this Agreement for cause at any time without prior notice to Executive. b. This Agreement shall automatically terminate upon the death or permanent disability (as determined in good faith by the Board of Directors) of EmployeeExecutive. c. Employee Executive may terminate this Agreement by notifying the CEO Board of Directors of such termination at least 90 days in advance of the effective date of such termination. However, in the event Employee Executive terminates this Agreement prior to one year from the Effective Date, Employee Executive will be required to repay all reasonable recruiting costs incurred by E ENERGY FUEL in recruiting him and his replacement. Except as provided herein, all of EmployeeExecutive’s right to compensation and other benefits hereunder shall terminate upon the date his employment terminates, except: (1) as may he be mandated by law with respect to health insurance or other benefits, and (2) as to accrued and unpaid vacation benefits.