Termination of Existing Employment Agreement. The Company and the Executive hereby agree that the Existing Employment Agreement shall terminate and be of no further force or effect as of the Effective Date of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Nortech Systems Inc), Employment Agreement (Nortech Systems Inc)
Termination of Existing Employment Agreement. The Upon the Effective Date, the existing employment agreement between the Company and the Executive hereby agree that the Existing Employment Agreement shall terminate and shall be of no further force or effect as of the Effective Date of this Agreementeffect.
Appears in 2 contracts
Samples: Stock Option Agreement (Interamericas Communications Corp), Employment and Severance Agreement (Interamericas Communications Corp)
Termination of Existing Employment Agreement. The Company and the Executive Employee hereby agree and acknowledge that as of the Effective Date that the Existing Employment Agreement shall terminate be null and be of no further force or effect as of the Effective Date of void and superseded and replaced by this Agreement, and neither party shall have any further obligations to the other party arising from the Employment Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Knobias, Inc.), Employment Agreement (Knobias, Inc.)
