Expiration of Employment Agreement Sample Clauses

Expiration of Employment Agreement. Upon the expiration of this ---------------------------------- Agreement (or successor agreement), Employee will be entitled to receive the same payments and other benefits to which he would have been entitled upon resignation as set out in subsection 3 above.
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Expiration of Employment Agreement. If pursuant to Paragraph 1(a), the Company notifies the Employee of its intention not to extend the Employee's Employment Term, at the expiration of the Employee Employment term, the employee shall receive the equivalent of four (4) months of employee's annual salary, less deductions required by law, payable on a monthly basis, if, and only if, Employee signs a valid general release of all claims against the Company in a form provided by the Company.
Sample 1Sample 2See All (4)
Expiration of Employment Agreement. You are currently employed by the Company as its Chief Executive Officer pursuant to an Employment Agreement between you and the Company effective as of May 6, 2002 (the “Employment Agreement”). The Employment Agreement expires at close of business on May 5, 2008 (the “Agreement Expiration Date”) and you and the Company have elected not to renew it.
Sample 1
Expiration of Employment Agreement. Upon the expiration of this Agreement (or successor agreement), you will be entitled to receive the following (all payments set forth in this item 3 shall be guaranteed by Palomar for as long as Palomar and its subsidiaries own 50% or more of the voting power of the capital stock of the Company):
Sample 1
Expiration of Employment Agreement. The Company and Xxxxxxx hereby agree that the Employment Agreement, and all rights and obligations of either the Company or Xxxxxxx thereunder, will expire on August 26, 1998, except that Xxxxxxx shall continue to be bound by the terms of Sections 8, 9, 10 and 11 of the Employment Agreement as provided therein after such date.
Sample 1
Expiration of Employment Agreement. Consultant acknowledges and agrees that as of the Separation Date, and as a result of his Retirement, the Amended and Restated Employment Agreement made effective as of December 31, 2008 by and between Consultant and Company (the “Employment Agreement”) terminated and is of no further force or effect (except for restrictions as to confidentiality, non-competition and non-solicitation, which upon execution of this Agreement, are included herein). Consultant further agrees that as a result of his Retirement, Consultant shall not be entitled to, and hereby waives any claim to, any payments or other benefit under the Employment Agreement.
Sample 1

Related to Expiration of Employment Agreement

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • TERMINATION OF EMPLOYMENT CONTRACT A. This Contract shall terminate, the Superintendent's employment will cease, and no compensation shall thereafter be paid, under any one of the following circumstances:

  • Expiration of Employment Period If Executive’s employment shall be terminated due to the normal expiration of the Employment Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.

  • Expiration of Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company following the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 6, 7 and 8 of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. If the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment. If the Optionee's employment with the Corporation shall terminate other than by reason of Retirement (as defined in the last Section hereof), Disability (as defined in the last Section hereof), death or Cause, the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such termination. If the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment other than for Cause or Retirement, the Option (to the extent then vested) may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such death or disability. If the Optionee's employment terminates by reason of Retirement, the Option shall (A) become fully and immediately vested and exercisable and (B) remain exercisable for three years from the date of such Retirement (but not beyond the Term of the Option).

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • Termination of Employment Change of Control (a) In the event of the Participant’s death prior to the termination of his Continuous Service, any unvested Stock Units shall immediately vest and the underlying Unit Shares shall be immediately delivered to the Participant’s beneficiary or beneficiaries.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

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