Common use of No Employment Agreement Clause in Contracts

No Employment Agreement. This Agreement shall be considered solely as a “severance agreement” obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an “at will” employee of the Company.

Appears in 10 contracts

Samples: Executive Agreement (Oil States International, Inc), Executive Agreement (Oil States International, Inc), Executive Agreement (Oil States International, Inc)

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No Employment Agreement. This Agreement shall be considered solely as a "severance agreement" obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s 's termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an "at will" employee of the Company.

Appears in 6 contracts

Samples: Executive Agreement (Oil States International Inc), Executive Agreement (Oil States International Inc), Executive Agreement (Oil States International Inc)

No Employment Agreement. (A) This Agreement shall be considered solely as a “severance agreement” obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an “at will” employee of the Company.

Appears in 4 contracts

Samples: Executive Agreement (Civeo Corp), Executive Agreement (Civeo Corp), Executive Agreement (Civeo Corp)

No Employment Agreement. This Agreement shall be considered solely as a "severance agreement" obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s 's termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an “at will” employee of the Company.be

Appears in 1 contract

Samples: Executive Agreement (Oil States International Inc)

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No Employment Agreement. (A) This Agreement shall be considered solely as a “Change of Control severance agreement” obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an “at will” employee of the Company.

Appears in 1 contract

Samples: Waiver and Release Agreement (Civeo Corp)

No Employment Agreement. (A) This Agreement shall be considered solely as a "Change of Control severance agreement" obligating the Company to pay Executive certain amounts of compensation and to provide certain benefits in the event and only in the event of Executive’s 's termination of employment for the specified reasons and at the times specified herein. The parties agree that this Agreement shall not be considered an employment agreement and that Executive is an “at will” employee of the Company.an

Appears in 1 contract

Samples: Waiver and Release Agreement (Civeo Corp)

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