Common use of Termination of Employment Agreement Clause in Contracts

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.

Appears in 6 contracts

Samples: Agreement to Terminate Employment Agreement (National Commerce Corp), Agreement to Terminate Employment Agreement (National Commerce Corp), Agreement to Terminate Employment Agreement (National Commerce Corp)

AutoNDA by SimpleDocs

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement is hereby terminated shall terminate 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 Mergereffect.

Appears in 3 contracts

Samples: Severance Agreement (Flow International Corp), Resignation Agreement (Pathmark Stores Inc), Resignation Agreement (Pathmark Stores Inc)

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement is hereby shall be terminated in all respects and shall be null and void and 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 Mergereffect.

Appears in 3 contracts

Samples: Separation Agreement (STC Broadcasting Inc), Separation Agreement (STC Broadcasting Inc), Non Competition Agreement (STC Broadcasting Inc)

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement hereby is hereby terminated in its entirety and shall be of no further longer have any 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 Mergereffect.

Appears in 3 contracts

Samples: Participation Agreement (CSG Systems International Inc), Participation Agreement (CSG Systems International Inc), Participation Agreement (CSG Systems International Inc)

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement is hereby shall be deemed terminated and shall be of have 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 Mergereffect.

Appears in 2 contracts

Samples: Agreement Agreement (International Energy, Inc.), Agreement (International Energy, Inc.)

Termination of Employment Agreement. (a) Effective as of the Effective Date and immediately prior to the Effective TimeTermination Date, the Employment Agreement is and any and all obligations and liabilities of either party thereunder are hereby terminated terminated, released and shall be of no further force or effect whatsoever; providedand effect, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Mergerexcept as explicitly set forth herein.

Appears in 2 contracts

Samples: Resignation and Release Agreement, Resignation and Release Agreement (Hooper Holmes Inc)

Termination of Employment Agreement. (a) Effective The Employment Agreement is ----------------------------------- hereby terminated and cancelled. Except as expressly provided herein, no provision of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall survive or be of no further any force or effect whatsoever; providedafter the date hereof, howeverincluding, thatbut not limited to, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing those provisions of the MergerEmployment Agreement regarding its termination.

Appears in 2 contracts

Samples: Employment Termination Agreement (Healthcor Holdings Inc), Employment Termination Agreement (Healthcor Holdings Inc)

Termination of Employment Agreement. (a) Effective The Employment Agreement is terminated, 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 whatsoeverDate; provided, however, that, and notwithstanding anything that nothing in this Agreement to section shall affect the contrary, such termination shall be contingent on the closing survival of Section (a)(iii) of Schedule I of the MergerEmployment Agreement in accordance with the terms and conditions specified therein.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Ultra Clean Holdings Inc)

Termination of Employment Agreement. Effective on the date set forth above (athe "Termination Date") Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated terminated, and shall cease to be of no any further force or effect whatsoever; provided, however, that, and notwithstanding anything in this effect. Termination of the Employment Agreement to the contrary, such termination shall be contingent on the closing deemed a termination "without Cause" as defined in Section 3.1(c) of the MergerEmployment Agreement.

Appears in 1 contract

Samples: Separation Agreement (Directview Inc)

Termination of Employment Agreement. (a) Effective as of At the Effective Date and immediately prior to Time (the "Termination Effective TimeDate"), the Employment Agreement is hereby terminated shall terminate 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 Mergereffect.

Appears in 1 contract

Samples: Termination of Employment Agreement (Softworks Inc)

AutoNDA by SimpleDocs

Termination of Employment Agreement. (a) Effective The Employment Agreement is terminated, 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 MergerDate.

Appears in 1 contract

Samples: Service Agreement (Veeco Instruments Inc)

Termination of Employment Agreement. (a) Effective as of the Effective Date and immediately prior to the Effective Time, the 1.1 The Employment Agreement is hereby terminated and the employment relationship shall terminate, cease and be of no further force or and effect whatsoever; providedas of January 31, however, that, and notwithstanding anything 1998 (the "Termination Date"). Any provisions contained in this the Employment Agreement which relate to the contrarymanner, such termination shall be contingent on the closing of the Mergermethod, timing, notification of, or necessity to establish cause for termination, are considered to have been complied with and/or waived.

Appears in 1 contract

Samples: Termination Agreement (Electric Fuel Corp)

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoeverand effect; provided, however, thatthat the Company and the Director shall each continue to be bound by the terms of the Employment Agreement with respect to any obligations incurred by either of them prior to the Effective Date, and notwithstanding anything in this Agreement Director shall continue to the contrary, such termination shall be contingent on the closing of the Merger.bound by Section 10 regarding "Confidential Information"..

Appears in 1 contract

Samples: Director Fee Agreement (Cke Restaurants Inc)

Termination of Employment Agreement. (a) Effective as of the Effective Date and immediately prior to the Effective TimeTermination Date, ----------------------------------- 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 Mergereffect.

Appears in 1 contract

Samples: Separation Agreement (Grace Development Inc)

Termination of Employment Agreement. (a) Effective as As of the Effective Date and immediately prior to the Effective TimeDate, the Employment Agreement is hereby terminated and cancelled and shall be of no further force or effect whatsoever; providedeffect, however, that, and notwithstanding anything except as otherwise provided in this Agreement to the contrary, such termination shall be contingent on the closing of the MergerSection 2.(a).

Appears in 1 contract

Samples: Severance Agreement (Jacobson Stores Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.