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 considered an “at-will” relationship and shall be terminated (i) upon the Death (as defined below) of Employee, (ii) upon Employee’s Retirement (as defined below), (iii) upon Employee’s Early Retirement (as defined below), (iv) upon Employee’s Permanent Disability (as defined below), (v) for Cause (as defined below), (vi) upon Participation in a Significant Violation or Failure to Supervise (as defined below), (vii) upon Employee’s termination of employment for Good Reason (as defined below), or (viii) 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. 3.2 Employee’s entitlement to receive the benefits set forth in Section 3.4 is contingent on the reason or cause of the termination of Employee’s employment. Types of termination events and the definitions of those events used in this Agreement are as follows:

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 (as defined below) of Employee, (ii) upon Employee’s 's Retirement (as defined below), (iii) upon Employee’s 's Early Retirement (as defined below), (iv) upon Employee’s 's Permanent Disability (as defined below), (v) for Cause (as defined below), (vi) upon Substantial Participation in a Significant Violation or Failure to Supervise (as defined below), (vii) upon Employee’s 's termination of employment for Good Reason (as defined below), or (viii) 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. 3.2 Employee’s 's entitlement to receive the benefits set forth in Section 3.4 is contingent on the reason or cause of the termination of Employee’s 's employment. Types of termination events and the definitions of those events used in this Agreement are as follows:

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 (as defined below) of Employee, (ii) upon Employee’s 's Retirement (as defined below), (iii) upon Employee’s 's Early Retirement (as defined below), (iv) upon Employee’s 's Permanent Disability (as defined below), (v) for Cause (as defined below), (vi) upon Participation in a Significant Violation or Failure to Supervise (as defined below), (vii) upon Employee’s 's termination of employment for Good Reason (as defined below), or (viii) 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. 3.2 Employee’s 's entitlement to receive the benefits set forth in Section 3.4 is contingent on the reason or cause of the termination of Employee’s 's employment. Types of termination events and the definitions of those events used in this Agreement are as follows: