Common use of Basis for Termination Clause in Contracts

Basis for Termination. The Executive’s employment hereunder is “at-will” and may be terminated by the Company or the Executive, as applicable, without any breach of this Agreement upon the death or Disability of the Executive, with or without Cause, and with or without Good Reason. Executive’s “at-will” status cannot be modified by oral agreement; any modification to this Agreement must be in writing.

Appears in 10 contracts

Samples: Employment Agreement (Mad Catz Interactive Inc), Employment Agreement (Mad Catz Interactive Inc), Employment Agreement (Mad Catz Interactive Inc)

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Basis for Termination. The Executive’s employment hereunder is “at-will” and may be terminated by the Company or the Executive, as applicable, without any breach of this Agreement upon the death or Disability of the Executive, with or without Cause, and with or without Good Reason. Executive’s “at-will” status cannot be modified by oral agreement; any modification to this Agreement must be in writingwriting and approved by the Board and Executive.

Appears in 2 contracts

Samples: Employment Agreement (Genasys Inc.), Employment Agreement (LRAD Corp)

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