Termination of Employment Agreement, Stock Option Agreement and Other Agreements and Benefits Sample Clauses

Termination of Employment Agreement, Stock Option Agreement and Other Agreements and Benefits. CART and Craix xxxeby agree that this Agreement supersedes the Employment Agreement between them dated December 22, 1997 a copy of which is attached hereto as Exhibit A, the Stock Option Agreement dated March 9, 1998, and any and all other agreements, whether written or oral, made among or between the parties as all such agreements shall be null and void and of no further force and affect, and shall be completely superseded by this Agreement and its terms. As of the above separation date, neither CART nor their respective affiliates shall have any further obligation to Craix xxxh respect to any compensation, payments, or benefits or other rights under any agreements except as provided by this Agreement.
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Related to Termination of Employment Agreement, Stock Option Agreement and Other Agreements and Benefits

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Termination of Employment and Options Vested Options shall terminate, to the extent not previously exercised, upon the occurrence of the first of the following events:

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • Termination of Consulting Agreement As of the Effective Date, the Consulting Agreement is hereby terminated and is of no further force or effect.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

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