Termination for Convenience of Employee. The Employee understands that Employee’s promise to remain employed as Head Coach for the entire Term is of the essence of this Agreement to the University. The Employee also understands that the University is making a highly valuable investment in Employee’s continued employment by entering into this Agreement and that its investment would be lost were Employee to resign or otherwise terminate employment with the University prior to the expiration of this Agreement. In recognition of these understandings, the parties agree that while the Employee may, nevertheless, terminate this Agreement prior to its normal expiration, such termination shall be only upon the following terms and conditions:
Appears in 3 contracts
Sources: Head Coach Employment Agreement, Head Coach Employment Agreement, Head Coach Employment Agreement