Term; At-Will Employment Sample Clauses

Term; At-Will Employment. Executive acknowledges and understands that employment with the Company is “at-will,” which means the employment relationship can be terminated by either party for no reason or for any reason not otherwise specifically prohibited by law, at any time, with or without prior notice and with or without cause except as provided herein. Nothing in this Agreement is intended to alter Executive’s at-will employment status or obligate the Company to continue to employ Executive for any specific period of time. Any statements or representations to the contrary should be regarded by Executive as ineffective, and any modification or change in Executive’s at-will employment status may only occur by way of a writing signed by the parties hereto, and approved by the Board (as defined below). For purposes of this Agreement, any reference to the "Term" of this Agreement shall mean the duration of Executive’s employment with the Company.
AutoNDA by SimpleDocs
Term; At-Will Employment. (a) This Agreement shall be effective as of the Effective Date and shall terminate on June 30, 2006; provided, however, that this Agreement automatically shall renew for successive one year terms unless either party delivers written notice to the other party at least sixty (60) days in advance of June 30, 2006, or the expiration of the applicable renewal term, as the case may be, that such party desires to terminate this Agreement as of June 30, 2006, or the last day of the applicable renewal term, as the case may be. Notwithstanding the foregoing, if a Change in Control occurs on or prior to June 30, 2006, or the last day of the applicable renewal term, as the case may be, this Agreement shall continue in effect for fifteen (15) full calendar months following the date of a Change in Control. (b) The Company and the Executive acknowledge that the Executive’s employment is and shall continue to be at-will, as defined under applicable law. If the Executive’s employment terminates for any reason during the term of this Agreement, the Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as specifically provided by this Agreement, or as may otherwise be established under the Company’s then existing employee benefit plans or policies at the time of termination.
Term; At-Will Employment. Subject to the provisions for earlier termination hereinafter provided, the Executive’s employment hereunder shall initially be for a term (the “Term”) commencing on Closing Date (as defined in the Merger Agreement) and ending on the first anniversary of the Closing Date. To the extent the Executive remains an employee of the Company or Parent or any of their respective Affiliates following the expiration of the Term, such employment will be on an at-will basis. As such, following the expiration of the Term, the Executive’s employment may be terminated at any time, with or without cause, and with or without notice by the Executive or by the Company. In addition, from and after the expiration of the Term, the Company and/or Parent may change the terms of the Executive’s employment, with or without cause, and with or without notice. Such at-will relationship can only be changed by an agreement in writing signed by the Chief Executive Officer of Parent and approved in writing as to form by the General Counsel of Parent.
Term; At-Will Employment. Subject to Article IV below, Executive’s employment will be for an initial term of three (3) years commencing on January 2, 2019 (“Effective Date”), with one (1) year automatic extensions unless terminated in writing by either party sixty (60) days in advance of the end of the initial term or any one (1) year extension period (“Term”). Notwithstanding anything to the contrary which may be contained in this Agreement, Executive’s employment hereunder is at will, which means that the Company or Executive may terminate Executive’s employment at any time, with or without Cause or Good Reason, or for no reason at all.
Term; At-Will Employment. This Agreement shall become effective on the Effective Date and continue until Executive’s employment with the Corporation ends pursuant to the terms hereof; provided, however, that the parties agree and acknowledge that Executive’s employment with the Corporation shall be at-will, meaning that either party may terminate Executive’s employment under this Agreement by providing written notice to the other party of the intent to terminate such employment under this Agreement at any time (in accordance with the procedures described in Section 8 of this Agreement). The period during which Executive is employed by the Corporation under this Agreement shall be referred to as the “Employment Term.”
Term; At-Will Employment. The initial term of Executive's employment hereunder shall be for a period of two (2) years (the "TERM"), commencing on December 30, 2005, (the "EFFECTIVE DATE") and continuing through the second anniversary date thereof, subject to earlier termination as hereinafter specified. The Company and Executive acknowledge that Executive's employment with the Company is "at-will," as defined under applicable law, and that either party may terminate Executive's employment with the Company at any time for any reason, and with or without Cause (as defined below)
Term; At-Will Employment. The employment of Employee under this Agreement shall be for an unspecified term. The Company and Employee acknowledge and agree that Employee’s employment is and shall continue to be at-will, as defined under applicable law, and that Employee’s employment with the Company may be terminated by either party at any time for any or no reason, and with or without notice. If Employee’s employment terminates for any reason, Employee shall not be entitled to any payments, benefits, damages award or compensation other than as provided in this Agreement.
AutoNDA by SimpleDocs
Term; At-Will Employment. The employment of Executive under this Agreement is for an unspecified term. The Company and Executive acknowledge and agree that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, and with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages award or compensation other than as provided in this Agreement.
Term; At-Will Employment. The term of this Agreement shall begin as of March 1 2016 and shall continue through February 28 2017 (the “Term”), unless sooner terminated as provided in this Section 2. Employee’s employment with the Company shall be “at-will” and may be terminated at any time and for any or no reason whatsoever, including with or without Cause upon two (2) weeks prior notice at the option of either Employee or the Company, except that Employee’s employment may be terminated immediately for Cause in accordance with Section 2.6
Term; At-Will Employment. The initial term of this Agreement shall commence on the Effective Date and shall terminate, subject to earlier termination as provided herein, on March 31, 2010 (the “Initial Term”). Following the Initial Term, each of the Company and Executive further acknowledge that Executive’s employment to the extent continued after the Initial Term is and will continue to be at-will, and anything herein to the contrary notwithstanding, may be terminated by the Company or the Executive with or without cause The period of Executive’s employment under this Agreement is referred to herein as the “Employment Term.”
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!