Common use of Termination by Principal Clause in Contracts

Termination by Principal. Principal may terminate Principal's employment under this Agreement for any reason provided that Principal gives Employer at least thirty (30) days' notice in writing. Employer may, at its option, accelerate such termination date to any date at least two weeks after Principal's notice of termination. Employer may also, at its option, relieve Principal of all duties and authority after notice of termination has been provided.