Transition and Termination of Employment Relationship Sample Clauses

Transition and Termination of Employment Relationship. Employee acknowledges and agrees that Employee will remain employed by EA in the position of Executive Vice President until December 1, 2016. From December 2, 2016, and ending on the Termination Date, Employee shall remain employed at EA in the capacity of Special Advisor, but will no longer have responsibility for human resources or facilities matters, except for the services outlined in the paragraph below (“Transition Period”). During the Transition Period, Employee will provide assistance and support to EA and will perform such duties and projects as assigned and directed by EA’s Chief Executive Officer or his designee. Employee agrees that, during the entire period from the Agreement Date to the Termination Date, Employee will not, without EA’s prior written consent, engage in any outside work projects or activities as an employee, partner, board member, consultant or in any similar capacity in any business except for unpaid volunteer work for a charity or non-profit organization. Employee shall be permitted to continue to engage in any outside work projects or activities that were previously approved by EA. Subject to EA’s prior written consent, Employee may engage in freelance consulting work, or board advising or participation, on a limited, part-time contract basis for another company that does not compete, directly or indirectly, with EA. The employment relationship between Employee and EA shall terminate on May 17, 2017 provided that such employment relationship will terminate earlier than such date if, prior to that date, either: (a) Employee voluntarily terminates her employment with EA; (b) Employee breaches the terms and conditions of this Agreement; or (c) Employee accepts alternate employment outside of EA. The actual date on which Employee’s employment with EA terminates shall herein be referred to as the “Termination Date.”
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Transition and Termination of Employment Relationship. Employee acknowledges and agrees that Employee will remain employed by EA in her current position (Senior Vice President, EA Maxis Label) until October 6, 2015. From October 7, 2015, and ending on the Termination Date, Employee shall remain employed at EA in the capacity of Senior Vice President but will no longer have responsibility for EA Maxis Label (“Transition Period”). During the Transition Period, Employee will provide assistance and support to EA sufficient to allow the successful transfer of the Employee’s current responsibilities to other EA employees and will perform such duties and projects as assigned and directed by EA’s Chief Executive Officer (Xxxxxx Xxxxxx). Employee agrees that, during the entire period from the Agreement Date to the Termination Date, Employee will not, without EA’s prior written consent, engage in any outside work projects or activities as an employee, partner, board member, consultant or in any similar capacity in any business except for unpaid volunteer work for a charity or non-profit organization. The employment relationship between Employee and EA shall terminate on May 17, 2016 provided that such employment relationship will terminate earlier than such date if, prior to that date: (a) Employee voluntarily terminates her employment with EA or (b) Employee breaches the terms and conditions of this Agreement. The actual date on which Employee’s employment with EA terminates shall herein be referred to as the “Termination Date.” Transition Agreement 1 Xxxx Xxxxxxxx (100666) California (Rev. September 2015)

Related to Transition and Termination of Employment Relationship

  • Termination of Employment Relationship 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date.

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Effect of Termination of Employment The provisions of this Section 6 shall apply in the event of termination of Executive’s employment, pursuant to Section 5, or otherwise.

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

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