Common use of At Will Clause in Contracts

At Will. Executive and the Company acknowledge and agree that Executive's employment with the Company is expressly "at will." This means that either party may terminate Executive's employment for any reason with or without cause. Any termination of Executive's employment is, however, subject to the terms and provisions of this Agreement as to Severance Pay (as defined below) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a).

Appears in 7 contracts

Samples: Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp)

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At Will. Executive and the Company acknowledge and agree that Executive's employment with the Company is expressly "at will." both during and after the term of this Agreement. This means that either party may terminate Executive's employment for any reason with or without cause. Any termination of Executive's employment is, however, subject to the terms and provisions of this Agreement as to Severance Pay (as defined below) severance pay and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)other obligations.

Appears in 5 contracts

Samples: Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp)

At Will. The Executive is an employee at will and nothing in this Agreement is intended to change that status in any way. As a result, the Executive and/or the Company acknowledge and agree that Executive's can terminate the employment with the Company is expressly "relationship at will." This means that either party may terminate Executive's employment for any reason with or without causetime. Any termination of Executive's employment isThe parties agree, however, subject to that if the terms and provisions of this Agreement as to Severance Pay Company terminates the employment relationship without Cause or the employee resigns for Good Reason (as each term is defined below) and Option vesting in accordance with Sections 3.2(aherein), 3.2(b) and 3.3(a)then the Executive shall be eligible to receive the Severance Benefits as defined in Section 5.

Appears in 3 contracts

Samples: Employment Agreement (Ascend Wellness Holdings, Inc.), Employment Agreement (Ascend Wellness Holdings, Inc.), Employment Agreement (Ascend Wellness Holdings, Inc.)

At Will. Executive acknowledge that the Executive’s employment is and the shall continue to be at-will, as defined under applicable law. Company acknowledge and agree that Executive's employment with the Company is expressly "at will." This means that either party or Executive may terminate this Agreement by notice pursuant to Section 3(b) hereof. If the Executive's ’s employment terminates for any reason with reason, the Executive shall not be entitled to any payments, benefits, damages, awards or without cause. Any termination compensation other than as provided by this Agreement, or as may otherwise be established under the Company’s then existing employee benefit plans or policies at the time of Executive's employment is, howevertermination, subject to the terms and provisions of this Agreement as to Severance Pay (as defined belowSection 14(b) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)hereof.

Appears in 2 contracts

Samples: Executive Employment Agreement (Pixelworks, Inc), 2009 Executive Employment Agreement (Pixelworks, Inc)

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At Will. Executive and acknowledge that the Company acknowledge and agree that Executive's employment with the is and shall continue to be at-will, as defined under applicable law. Company is expressly "at will." This means that either party or Executive may terminate this Agreement by notice pursuant to Section 3(b) hereof. If the Executive's employment terminates for any reason with reason, the Executive shall not be entitled to any payments, benefits, damages, awards or without cause. Any termination compensation other than as provided by this Agreement, or as may otherwise be established under the Company's then existing employee benefit plans or policies at the time of Executive's employment is, howevertermination, subject to the terms and provisions of this Agreement as to Severance Pay (as defined belowSection 14(b) and Option vesting in accordance with Sections 3.2(a), 3.2(b) and 3.3(a)hereof.

Appears in 1 contract

Samples: 2012 Executive Employment Agreement (Pixelworks, Inc)

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