Common use of Termination by Company on Notice Clause in Contracts

Termination by Company on Notice. The Company may terminate the Employment at any time by giving 3 months written notice to the Employee. The Company may pay the Employee for the notice period in lieu of notice, or require the Employee to work some of the notice period and pay the Employee in lieu for the balance of the period.

Appears in 4 contracts

Samples: Employment Agreement (Universal Biosensors Inc), Employment Agreement (Universal Biosensors Inc), Employment Agreement (Universal Biosensors Inc)

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Termination by Company on Notice. The Company may terminate the Employment at any time by giving 3 three months written notice to the Employee. The Company may pay the Employee for the notice period in lieu of notice, or require the Employee to work some of the notice period and pay the Employee in lieu for the balance of the period.

Appears in 1 contract

Samples: Employment Agreement (Universal Biosensors Inc)

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