Common use of Terminability of Employment Clause in Contracts

Terminability of Employment. Either the Company or Executive may at any time terminate Executive's employment with the Company after giving 30 days' written notice to the other party. However, if Executive's employment terminates during the Term of the Agreement, the parties will be required to discharge the applicable obligations described in this Section 4 and elsewhere in this Agreement. If Executive's employment terminates at any time other than during the Term of the Agreement, Executive will have no rights under the Agreement.

Appears in 10 contracts

Samples: Severance Agreement (Oak Industries Inc), Severance Agreement (Genrad Inc), Severance Agreement (Genrad Inc)

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Terminability of Employment. Either the Company or Executive may at any time terminate If Executive's employment with the Company after giving 30 days' written notice to the other party. However, if Executive's ’s employment terminates during the Term Employment Protection Period set forth in this Agreement following a Change of the AgreementControl, the parties will be required to discharge the applicable obligations described in this Section 4 3 and elsewhere in this Agreement. If Executive's ’s employment terminates at any time other than during the Term applicable Employment Protection Period following a Change of the AgreementControl, Executive will have no rights under the Agreement.

Appears in 3 contracts

Samples: Is an Agreement (Lionbridge Technologies Inc /De/), Lionbridge Technologies, Inc. Agreement (Lionbridge Technologies Inc /De/), Lionbridge Technologies Inc /De/

Terminability of Employment. Either the Company or Executive may at --------------------------- any time terminate Executive's employment with the Company after giving 30 days' written notice to the other party. However, if Executive's employment terminates during the Term of the AgreementEmployment Period, the parties will be required to discharge the applicable obligations described in this Section 4 and elsewhere in this Agreement. If Executive's employment terminates at any time other than during the Term of the AgreementEmployment Period, Executive will have no rights under the Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Control Delivery Systems Inc/Ma), Employment Agreement (Control Delivery Systems Inc/Ma)

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Terminability of Employment. Either the Company or Executive may at any time terminate Executive's employment with the Company after giving 30 days' written notice to the other party. However, if Executive's employment terminates during the Term of the AgreementUpon such termination, the parties will be required to discharge the applicable obligations described in this Section 4 1 and elsewhere in this Agreement. If Executive's employment terminates at any time other than during the Term of the Agreement, Executive will have no rights under the Agreement.

Appears in 1 contract

Samples: Severance Agreement (Genrad Inc)

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