Common use of Termination of Employment Agreement Clause in Contracts

Termination of Employment Agreement. The Employment Agreement is hereby terminated effective as of the Effective Date, and neither party hereto shall have any duty, liability or obligation to the other party or otherwise pursuant to the Employment Agreement as of the Effective Date. The Executive hereby acknowledges that he is an at-will employee as of the Effective Date.

Termination of Employment Agreement. The Employment Agreement is hereby terminated effective as As of the Effective Datedate hereof, the Company and neither party hereto shall have any duty, liability or obligation to the other party or otherwise pursuant to Employee hereby terminate the Employment Agreement as and agree that neither party has any further rights or obligations thereunder. For the avoidance of doubt, Employee shall continue his employment with the Effective Date. The Executive hereby acknowledges that he is Company on an at-will employee basis after the date hereof on the same terms and conditions as of the Effective Datehis present employment.

Termination of Employment Agreement. The As of the Effective Date, the Employment Agreement is hereby shall be deemed terminated effective and shall have no further force or effect. Executive and the Company agree that there are no existing defaults by either party under the Employment Agreement and that, as of the Effective Date, and neither each party hereto shall have any duty, liability or obligation had fully performed all of its obligations to the other party or otherwise pursuant to under the Employment Agreement as of the Effective Date. The Executive hereby acknowledges that he is an at-will employee as of the Effective DateAgreement.

Termination of Employment Agreement. The Except as specifically set forth in this Agreement, effective as of the Separation Date, (a) the Employment Agreement is hereby terminated effective as of the Effective Date, in its entirety and superseded by this Agreement and (b) neither party hereto Party shall have any duty, liability further rights or obligation to the other party or otherwise pursuant to obligations under the Employment Agreement as of the Effective Date. The Executive hereby acknowledges that he is an at-will employee as of the Effective DateAgreement.

Termination of Employment Agreement. The Employment Agreement is hereby terminated effective as of the Effective Date, and neither party hereto shall have any duty, liability or obligation to the other party or otherwise pursuant to the Employment Agreement as of the Effective Date. The Executive hereby acknowledges that he she is an at-will employee as of the Effective Date.

Termination of Employment Agreement. The Employment Agreement is hereby terminated effective as of the Effective Datedate hereof and any and all obligations of the parties thereunder, and including any obligations arising prior to the date hereof which have not been performed as of the date hereof, are also terminated. As a result, the Employment Agreement shall be of no further force or effect, neither party hereto shall have any duty, liability or obligation to the other party as a result thereof, and TELS shall have no obligation to make any payments to Xxxxxx, including payments of compensation that may have been accrued or otherwise pursuant to the Employment Agreement as of the Effective Date. The Executive hereby acknowledges that he is an at-will employee as of the Effective Datepostponed.

Termination of Employment Agreement. The parties hereby agree that the Employment Agreement is shall terminate effective as of the Transition Date and shall not be in force and effect thereafter. Executive hereby terminated waives, effective as of the Effective Date, all rights under the Employment Agreement, and acknowledges and agrees that neither party hereto the Company nor its affiliates shall have any dutyfurther obligations or liabilities with respect thereto, liability or obligation to the other party or otherwise pursuant to the Employment Agreement except as of the Effective Date. The Executive hereby acknowledges that he is an at-will employee as of the Effective Dateprovided in this Release.