Common use of Termination of Employment Agreement Clause in Contracts

Termination of Employment Agreement. The Company and Executive agree that, upon payment of the Cash Payment following the Effective Time, the Employment Agreement shall be terminated and of no further force and effect. Notwithstanding the termination of the Employment Agreement, it is the intention of the Company and Executive that:

Appears in 4 contracts

Samples: Amendatory Agreement (Garan Inc), Amendatory Agreement (Garan Inc), Amendatory Agreement (Garan Inc)

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Termination of Employment Agreement. The Executive and the Company and Executive agree that, upon payment of the Cash Payment following the Effective Time, that the Employment Agreement shall be is hereby terminated and of no further force and effect. Notwithstanding the termination of the Employment Agreement, it is the intention of the Company and Executive that:.

Appears in 2 contracts

Samples: Retirement Agreement (Finish Line Inc /In/), Retirement Agreement (Finish Line Inc /In/)

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Termination of Employment Agreement. The Company and the Executive each acknowledge and agree that, upon payment of the Cash Payment following the Effective Time, that the Employment Agreement shall terminate and be terminated and of no further force and effect. Notwithstanding the termination effect as of the Employment Agreement, it is the intention of the Company and Executive that:Termination Date.

Appears in 2 contracts

Samples: Separation Agreement (Railamerica Inc /De), Separation Agreement (Railamerica Inc /De)

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