Termination and Amendment of the Agreement. This Agreement shall continue to be in effect unless and until the Company terminates it by providing written notice to the Associate at least six months prior to the date of termination, with such notice specifying the termination date; provided, however, that the Company may not terminate this Agreement and may not give such a notice of termination prior to the second anniversary of this Agreement. Notwithstanding the foregoing, the Company shall have no right to amend, modify or terminate this Agreement after the Associate becomes entitled to any payments or benefits hereunder. The Company may amend or modify this Agreement solely with the written consent of the Associate.
Appears in 6 contracts
Samples: Continuation Agreement (Guilford Mills Inc), Salary Continuation Agreement (Guilford Mills Inc), Continuation Agreement (Guilford Mills Inc)