Obligation Of The Parties To Negotiate In Good Faith. Upon the expiration of the Term of Employment, the parties agree to negotiate with one another in good faith regarding another Executive Employment and Compensation Agreement. Upon the expiration of the Term of Employment, the Executive shall be deemed to be an "employee at will."
Appears in 4 contracts
Samples: Compensation Agreement (Umpqua Holdings Corp), Umpqua Holdings Corp, Employment and Compensation Agreement (Umpqua Holdings Corp)