Common use of Term of Employment and Termination Clause in Contracts

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.

Appears in 10 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

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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.

Appears in 4 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

Term of Employment and Termination. The Company and Executive acknowledge that Executive's ’s employment is and shall continue to be at-will, ,” as defined under applicable law, and that Executive's ’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 ’s employment shall remain unchanged during Executive's ’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 ’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.

Appears in 3 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

Term of Employment and Termination. The Company and Executive acknowledge that Executive's ’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive's ’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 ’s employment shall remain unchanged during Executive's ’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 ’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.

Appears in 2 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

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Term of Employment and Termination. The Company and Executive acknowledge that Executive's ’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive's ’s employment with the Company may be terminated by either Party at any time for any or no reason (subject to the any applicable notice requirements of in this Section 4Section). This "at-will" nature of Executive's ’s employment shall remain unchanged during Executive's ’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 “Term”). 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.

Appears in 1 contract

Samples: Executive Employment Agreement (Precision Biosciences Inc)

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