Common use of TERMINATION OF EMPLOYMENT AND EFFECTS OF SUCH TERMINATION Clause in Contracts

TERMINATION OF EMPLOYMENT AND EFFECTS OF SUCH TERMINATION. 3.1 Employee's employment with Employer shall be terminated (i) upon the death of Employee, (ii) upon Employee's Retirement (as defined below), (iii) upon Employee's Permanent Disability (as defined below), or (iv) at any time by Employer upon written notice to Employee, or by Employee upon thirty (30) calendar days' written notice to Employer, for any or no reason. This Agreement may be terminated by Employer at any time upon one hundred and eighty (180) calendar days’ written notice to Employee and no such termination of this Agreement shall be deemed a termination of employment for purposes of this Article 3. 3.2 If Employee's employment is terminated by reason of any of the following circumstances, Employee shall not be entitled to receive the benefits set forth in Section 3.4 hereof:

Appears in 10 contracts

Samples: Executive Agreement (Halliburton Co), Executive Agreement (Halliburton Co), Executive Agreement (Halliburton Co)

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TERMINATION OF EMPLOYMENT AND EFFECTS OF SUCH TERMINATION. 3.1 Employee's ’s employment with Employer shall be considered an “at-will” relationship and shall be terminated (i) upon the death of Employee, (ii) upon Employee's ’s Retirement (as defined below), (iii) upon Employee's ’s Permanent Disability (as defined below), or (iv) at any time by Employer upon written notice to Employee, or by Employee upon thirty (30) calendar days' written notice to Employer, for any or no reason. This Agreement may be terminated by Employer at any time upon one hundred and eighty (180) calendar days’ written notice to Employee and no such termination of this Agreement shall be deemed a termination of employment for purposes of this Article 3. 3.2 If Employee's ’s employment is terminated by reason of any of the following circumstances, Employee shall not be entitled to receive the benefits set forth in Section 3.4 hereof:

Appears in 2 contracts

Samples: Executive Agreement (Halliburton Co), Executive Agreement (Halliburton Co)

TERMINATION OF EMPLOYMENT AND EFFECTS OF SUCH TERMINATION. 3.1 Employee's ’s employment with Employer shall be terminated (i) upon the death of Employee, (ii) upon Employee's ’s Retirement (as defined below), (iii) upon Employee's ’s Permanent Disability (as defined below), or (iv) at any time by Employer upon written notice to Employee, or by Employee upon thirty (30) calendar days' written notice to Employer, for any or no reason. This Agreement may be terminated by Employer at any time upon one hundred and eighty (180) calendar days’ written notice to Employee and no such termination of this Agreement shall be deemed a termination of employment for purposes of this Article 3. 3.2 If Employee's ’s employment is terminated by reason of any of the following circumstances, Employee shall not be entitled to receive the benefits set forth in Section 3.4 hereof:

Appears in 1 contract

Samples: Executive Agreement (Halliburton Co)

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TERMINATION OF EMPLOYMENT AND EFFECTS OF SUCH TERMINATION. 3.1 Employee's employment with Employer shall be terminated (i) upon the death of Employee, (ii) upon Employee's Retirement (as defined below), (iii) upon Employee's Permanent Disability (as defined below), or (iv) at any time by Employer upon written notice to Employee, or by Employee upon thirty (30) calendar days' written notice to Employer, for any or no reason. This Agreement may be terminated by Employer at any time upon one hundred and eighty (180) calendar days' written notice to Employee and no such termination of this Agreement shall be deemed a termination of employment for purposes of this Article 3. 3.2 If Employee's employment is terminated by reason of any of the following circumstances, Employee shall not be entitled to receive the benefits set forth in Section 3.4 hereof:

Appears in 1 contract

Samples: Executive Agreement (Halliburton Co)

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