Common use of Termination of Employment Agreements Clause in Contracts

Termination of Employment Agreements. Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

Appears in 9 contracts

Samples: Ingredion Incorporated (Ingredion Inc), Ingredion Incorporated (Ingredion Inc), Products International (Corn Products International Inc)

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Termination of Employment Agreements. Any and all Employment Agreements entered into between At or prior to Closing, the Company or any shall terminate all of its Subsidiaries existing employment agreements and the Executive prior accrue all severance payments and other termination liabilities to the date of this Agreement are hereby its employees. The Company shall obtain an appropriate release from each employee whose employment agreement is terminated.

Appears in 2 contracts

Samples: Eriksen Rochelle K., Medsolutions Inc

Termination of Employment Agreements. Any and all Employment Agreements entered into All other agreements between the Company or any of its Subsidiaries and the Executive prior Employee with respect to the date employment (except stock option agreements) shall be terminated and superseded hereby upon execution of this Agreement are hereby terminatedAgreement.

Appears in 1 contract

Samples: Employment Agreement (Capital Gaming International Inc /Nj/)

Termination of Employment Agreements. Any All employment agreements or offer letters of the Selling Parties with their Transferred Employees as of the date hereof, and all Employment Agreements any such agreements or offer letters entered into between after the Company or any of its Subsidiaries and the Executive date hereof prior to the date Closing, shall have been terminated and shall no longer be of this Agreement are hereby terminatedany force or effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Supportsoft Inc)

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Termination of Employment Agreements. Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated, except to the extent not permitted by applicable law.

Appears in 1 contract

Samples: Ingredion Incorporated (Ingredion Inc)

Termination of Employment Agreements. Any and all Employment Agreements entered into All other agreements between the Company or any of its Subsidiaries and the Executive prior Employee with respect to the date employment and/or consulting (except stock option agreements) shall be terminated and superseded hereby upon execution of this Agreement are hereby terminatedAgreement.

Appears in 1 contract

Samples: Employment Agreement (Capital Gaming International Inc /Nj/)

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