Common use of Termination of At-Will Employment Clause in Contracts

Termination of At-Will Employment. Either the Company or Executive may terminate Executive’s employment at any time with or without advance notice or cause. In such an event, Executive will only be entitled to the Accrued Obligations as set forth below.

Appears in 3 contracts

Samples: Employment Agreement (Peerless Systems Corp), Employment Agreement (Peerless Systems Corp), Employment Agreement (Peerless Systems Corp)

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Termination of At-Will Employment. Either From and after July 15, 2010 either the Company or Executive may terminate Executive’s employment at any time with or without advance notice or causeCause. In such an eventExecutive acknowledges that the payments set forth herein are in lieu of severance and that upon termination of Executive’s employment at any time following July 15, 2010 Executive will only shall not be entitled to any severance or other payment or amount from the Accrued Obligations as set forth belowCompany.

Appears in 1 contract

Samples: Employment Agreement (Peerless Systems Corp)

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