Common use of Permitted Termination Clause in Contracts

Permitted Termination. The Executive's employment hereunder shall continue until the end of the term specified in Section 3 hereof, except that the employment of the Executive hereunder shall terminate prior to the end of such term (in which case the "term" of this Agreement shall end on the date of employment termination) by reason of any one of the following:

Appears in 2 contracts

Sources: Employment Agreement (Edison Controls Corp), Employment Agreement (Edison Controls Corp)

Permitted Termination. The Executive's employment hereunder shall --------------------- continue until the end of the term Employment Period specified in Section 3 1 hereof, except that the employment of the Executive hereunder shall terminate prior to the end of such term (in which case the "term" of this Agreement shall end on the date of employment termination) Employment Period by reason of any one of the following:

Appears in 1 contract

Sources: Employment Agreement (Mech Financial Inc)