At-Will Employment Clause Example from Business Contracts

At-Will Employment. The parties agree that Executive's employment with the Company will be "at-will" employment and may be terminated at any time, by either party, with or without Cause or Good Reason, or advance notice. Executive understands and agrees that neither his job performance nor promotions, commendations, bonuses or the like from the Company give rise to or in any way serve as the basis for modification, amendment, or extension, by implication or otherwise, of his employment with the Company. However, as... described in this Agreement, Executive may be entitled to severance benefits depending upon the circumstances of Executive's termination of employment as set forth in Section 7 below. View More