Common use of Termination of Employment Relationship Clause in Contracts

Termination of Employment Relationship. Executive's part-time employment relationship with the Company may not be terminated by the Company prior to the end of the Part-Time Employment Term, except (i) upon the death or permanent disability of Executive, (ii) by written agreement between both of the parties hereto; provided, however, that Executive's employment with the Company, whether full-time or part-time, shall immediately and automatically terminate upon Executive's breach of Section 10 hereof. No additional benefits or payments will become payable to Executive hereunder upon a termination of Executive's Part-Time Employment Term.

Appears in 3 contracts

Samples: Retention and Non Competition Agreement (Kla Tencor Corp), Retention and Non Competition Agreement (Kla Tencor Corp), Retention and Non Competition Agreement (Kla Instruments Corp)

AutoNDA by SimpleDocs

Termination of Employment Relationship. Executive's ’s part-time employment relationship with the Company may not be terminated by the Company prior to the end of the Part-Time Employment Term, except (i) upon the death or permanent disability of Executive, (ii) by written agreement between both of the parties hereto; provided, however, that Executive's ’s employment with the Company, whether full-time or part-time, shall immediately and automatically terminate upon Executive's ’s breach of Section 10 hereof9 hereof or for Cause. No additional benefits or payments will become payable to Executive hereunder upon a termination of Executive's ’s Part-Time Employment Term.

Appears in 2 contracts

Samples: Retention and Non Competition Agreement (Ap Pharma Inc /De/), Retention and Non Competition Agreement (Ap Pharma Inc /De/)

AutoNDA by SimpleDocs

Termination of Employment Relationship. Executive's part’s Part-time employment Time Employment relationship with the Company may not be terminated by the Company prior to the end of the Part-Time Employment Term, except (i) upon the death or permanent disability of Executive, (ii) by written agreement between both of the parties hereto; provided, however, that Executive's ’s employment with the Company, whether full-time or part-time, shall immediately and automatically terminate upon Executive's ’s breach of Section 10 8 hereof. No additional benefits or payments will become payable to Executive hereunder upon a termination of Executive's ’s Part-Time Employment TermTerm in accordance with the prior sentence.

Appears in 1 contract

Samples: Agreement (Kla Tencor Corp)

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