Common use of Employee at Will Clause in Contracts

Employee at Will. The Employee is an employee at will and this Agreement shall not be deemed to create a contract of employment. Accordingly, in addition to termination of this Agreement under Section 6 or non-renewal under Section 2, this Agreement shall terminate automatically upon the Employee’s termination of employment for any reason at any time prior to the public announcement of a proposed Change in Control transaction.

Appears in 7 contracts

Samples: Change in Control Agreement (Community Bancorp /Vt), Waiver and Release Agreement (Community Bancorp /Vt), Waiver and Release Agreement (Community Bancorp /Vt)

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