Common use of Relinquishment of Authority Clause in Contracts

Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company.

Appears in 8 contracts

Samples: Employment Agreement (Prime Sun Power Inc), Employment Agreement (Ardent Mines LTD), Employment Agreement (4C Controls Inc)

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Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company.. Cono Italiano, Inc. - Employment Agrement

Appears in 4 contracts

Samples: Employment Agreement (Cono Italiano, Inc.), Employment Agreement (Cono Italiano, Inc.), Employment Agreement (Cono Italiano, Inc.)

Relinquishment of Authority. Notwithstanding anything herein to the contrary set forth hereincontrary, upon written notice to the Executive, the Company may immediately relieve the Executive of all his of the Executive’s duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company. However, such action by the Company shall not alter the Company’s obligations to the Executive with regard to the procedure for a termination.

Appears in 3 contracts

Samples: Employment Agreement (Janus Resources, Inc.), Employment Agreement (SolarWindow Technologies, Inc.), Employment Agreement (New Energy Technologies, Inc.)

Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company. However, such action by the Company shall not alter the Company’s obligations to Executive with regard to the procedure for a termination.

Appears in 2 contracts

Samples: Employment Agreement (Armada Oil, Inc.), Employment Agreement (Armada Oil, Inc.)

Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company. If this clause is invoked it will have the effect of terminating the Executive.

Appears in 1 contract

Samples: Employment Agreement (Mobile Integrated Systems, Inc.)

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Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company.. Employment Agreement

Appears in 1 contract

Samples: Employment Agreement (Laureate Resources & Steel Industries Inc.)

Relinquishment of Authority. Notwithstanding anything to the contrary set forth herein, upon written notice to the Executive, the Company may immediately relieve the Executive of all his duties and responsibilities hereunder and may relieve the Executive of authority to act on behalf of, or legally bind, the Company; provided, however, such action shall not affect any other provision of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cig Wireless Corp.)

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