Common use of Election by the Company Clause in Contracts

Election by the Company. The Company may terminate Executive's employment upon not less than ninety (90) days written notice by the Company to Executive. With the exception of the covenants included in Section 12 below, upon such termination the obligations of Executive and the Company under this Agreement shall immediately cease.

Appears in 5 contracts

Samples: Employment Agreement (Secured Diversified Investment LTD), Employment Agreement (Secured Diversified Investment LTD), Employment Agreement (Secured Diversified Investment LTD)

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Election by the Company. The Company may terminate Executive's employment without cause or reason upon not less than ninety thirty (9030) days written notice by the Company to Executive. With the exception of the covenants included in Section 12 below, upon such termination the obligations of Executive and the Company under this Agreement shall immediately cease.

Appears in 3 contracts

Samples: Employment Agreement (Blackwater Midstream Corp.), Employment Agreement (Blackwater Midstream Corp.), Employment Agreement (Blackwater Midstream Corp.)

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