No Employment Contract; Termination. This Agreement is not an employment contract and by execution hereof the parties do not intend to create an employment contract. If, through no fault of Employee, the Company liquidates substantially all of its assets, or permanently terminates its operations, Employee’s obligations under Paragraphs 1(a) and 1(b) shall also terminate.
Appears in 16 contracts
Samples: Employment Agreement, Noncompete Agreement (Array Biopharma Inc), Employment Agreement (Nivalis Therapeutics, Inc.)
No Employment Contract; Termination. This Agreement is not an employment contract and by execution hereof the parties do not intend to create an employment contract. If, through no fault of Employee, the Company liquidates substantially all of its assets, or permanently terminates its operations, Employee’s 's obligations under Paragraphs 1(a) and 1(b) shall also terminate.
Appears in 5 contracts
Samples: Noncompete Agreement (Array Biopharma Inc), Noncompete Agreement (Array Biopharma Inc), Employment Agreement (Array Biopharma Inc)
No Employment Contract; Termination. This Agreement is not an employment contract and by execution hereof the parties do not intend to create an employment contract. If, through no fault of Employee, the Company liquidates substantially all of its assets, or permanently terminates its operationsoperations (in each case, other than in connection with a Change in Control, as such term is defined in Employee’s employment agreement with the Company), Employee’s obligations under Paragraphs 1(a) and 1(b) shall also terminate.
Appears in 2 contracts
Samples: Employment Agreement (Nivalis Therapeutics, Inc.), Employment Agreement (Nivalis Therapeutics, Inc.)
