Example ContractsClausesEmployment Termination; Consideration
Employment Termination; Consideration
Employment Termination; Consideration contract clause examples

Employment Termination; Consideration. Executive’s employment with OraSure shall terminate on ​ (the “Termination Date”). In consideration for Executive’s receipt of severance as provided in the foregoing Employment Agreement, Executive is willing to enter into this Agreement and provide the release set forth herein.

Employment Termination; Consideration. Executive’s employment with OraSure shall terminate on ​ (the “Termination Date”). In consideration for Executive’s receipt of severance as provided in the foregoing Employment Agreement, Executive is willing to enter into this U.S. Release Agreement and provide the release set forth herein.

Employment Termination; Consideration. Executive’s employment with OraSure shall terminate on ​ (the “Termination Date”). In consideration for Executive’s receipt of severance as provided in the foregoing Employment Agreement, Executive is willing to enter into this Agreement and provide the release set forth herein.

Employment Termination. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

Employment Termination. [[Person A:Person]] understands that his employment with MEC will be ended effective as of the Retirement Date. [[Person A:Person]] also understands that MEC will be looking for a new CEO/President or other officer to lead the organization in his place, commencing in the near future. As a result, MEC may identify or hire a new individual to lead the organization earlier than the Retirement Date. Should MEC identify or hire a new individual to lead the organization prior to the Retirement Date, MEC may accelerate [[Person A:Person]]’s actual termination date (and the Retirement Date for purposes of this Agreement), at its sole discretion, provided, however, that such action shall not affect MEC’s obligations to [[Person A:Person]] under this Agreement. [[Person A:Person]] understands and agrees that his actual employment may end prior to September 30, 2022, in the sole and absolute discretion of the Board of Directors of MEC. In recognition of [[Person A:Person]]’s years of service with MEC, his early communication of an intent to retire, and in light of the other commitments [[Person A:Person]] has undertaken in this Agreement, MEC is willing to provide certain retirement transition benefits to [[Person A:Person]] in return for his execution of this Agreement.

Employment Termination. Your last day of work with the Company and your employment resignation date will be August 30, 2021 (the “Separation Date”). Between now and the Separation Date, you must transition your duties and responsibilities as requested by the Company, abide by all of your contractual and statutory duties owed to the Company and the Company’s policies.

Employment Termination. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

Employment Termination. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

Employment Termination. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

Employment Termination. Pennypacker understands that his employment with [[Manitowoc:Organization]] is considered ended effective the Separation Date, based on Employee’s resignation.

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