Payment in Lieu of Notice. Company reserves the right (but is not obligated) to make a payment in lieu of any notice of termination of employment which Company or Employee is required to give.
Appears in 8 contracts
Samples: Employment Agreement (China Electric Motor, Inc.), Employment Agreement (China Intelligent Lighting & Electronics, Inc.), Employment Agreement (China Electric Motor, Inc.)
Payment in Lieu of Notice. Company reserves the right (but is not obligated) to make a payment in lieu of any notice of termination of employment which Company or Employee Executive is required to give.
Appears in 1 contract
Samples: Executive Employment Agreement (Source Photonics Inc)