Termination of the Employment Agreement. A. The Parties agree that the City's business can only succeed if the Employee and the City Manager enjoy a working relationship based upon mutual respect, trust, and positive attitudes. Accordingly, Employee serves at the pleasure of the City Manager and is an "at will" employee of the City of Nome. The City may terminate the employment of the Employee without cause at any time during the term of this Agreement by directing written notice of termination to Emp loyee by certified or registered mail, return receipt requested, or by hand delivery. In the event of termination without cause while Employee is ready, willing, and able to perform the duties of Port Director, the City shall pay Employee a sum equal to two months of Employee's annual compensation. The Employee shall also be entitled to the balance of accrued personal leave to the date of termination.
Termination of the Employment Agreement a. The employment relationship may be terminated under any of the following conditions:
Termination of the Employment Agreement. (a) The Parties hereby mutually terminate the Employment Agreement as amended and all of its provisions (notwithstanding anything contained in the Employment Agreement to the contrary) effective immediately, and from and after the date hereof the Employment Agreement as amended, including without limitation any non-compete provision, shall be null and void and have no further effect.
Termination of the Employment Agreement. The Parties agree that the Employment Agreement is hereby terminated and of no further force and effect as of the Resignation Date, and no payments or benefits are due or payable thereunder, except that paragraphs 7, 8 and 10 (respecting confidential information, non-solicitation and remedies) of the Employment Agreement shall survive termination.
Termination of the Employment Agreement. The Employment Agreement and each Party's rights thereunder are hereby terminated, including, without limitation, Executive's right to receive any "Base Salary" (as defined in the Employment Agreement), bonus or other compensation, or any entitlement to severance or other payments upon termination of employment under the Employment Agreement.
Termination of the Employment Agreement. The Parties agree that the Employment Agreement is hereby terminated and of no further force and effect as of the Effective Date, except with respect to the Executive’s and the Company’s obligations under Sections 4 — Restrictive Covenants, 9 — Waiver of Breach, 12 — Applicable Law, Jurisdiction, and 13 — Attorney and Trial Costs, all of which survive the termination of the Employment Agreement; provided, that the following amendments are hereby made to the surviving provisions of the Employment Agreement: (i) for purposes of Section 4(a) of the Employment Agreement, the non-public information of the Company acquired by, or disclosed to, the Executive shall include, but not be limited to, all information related to the Company’s intellectual property, including without limitation, its U-GAS fluidized bed gasification technology, and (ii) the third sentence of Section 4(b) of the Employment Agreement is replaced in its entirety with the following: “As of the date hereof, the Business of the Corporation is to develop projects or provide the technology for projects that convert coal and coal/biomass fuels through coal gasification technology to products for the chemicals, transportation fuels, natural gas, and power markets.” This Agreement shall have no effect on the Indemnification Agreement, which is hereby ratified and affirmed and shall remain in full force and effect.
Termination of the Employment Agreement. Upon the full execution of this Agreement, the Employment Agreement shall be terminated and be of no further force and effect.
Termination of the Employment Agreement. Your employment agreement may be terminated by you or the bank, with due observance of the notice period specified in your employment agreement. This applies to both fixed-term and permanent employment agreements. Notice of termination is given in writing and takes effect at the end of the month. The instructions for giving notice of termination can be found on the intranet. Your notice period may be longer than the period of notice required by law. In that case, the longer notice period also applies to the bank.
Termination of the Employment Agreement. The Company and the Employee --------------------------------------- agree that the Employment Agreement is hereby terminated.
Termination of the Employment Agreement. New Century and Xx. XXXXXX voluntarily agree mutually to terminate Xx. XXXXXX'x Employment Agreement ("Employment Agreement"), dated January 1, 1999, with New Century, pursuant to the terms and conditions of this Agreement. Accordingly, Xx. XXXXXX'x employment with New Century will terminate, effective December 27, 2000. In this regard, both New Century and Xx. XXXXXX expressly waive the termination and notice requirements concerning the termination of his employment contained in the Employment Agreement and its amendments.
