Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Employment and Termination clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Employment and Termination. Your employment with the Company will be at-will and may be terminated by you or by the Company at any time for any reason as follows: (a) you may terminate your employment upon written notice to the Board for "Good Reason," as defined below (a "Constructive Termination"); (b) you may terminate your employment upon written notice to the Board at any time in your discretion without Good Reason ("Voluntary Termination"); (c) the Company may terminate your employment upon written notice to you at a...ny time following a determination that there is "Cause," as defined below, for such termination ("Termination for Cause"); and (d) the Company may terminate your employment upon written notice to you at any time without Cause for such termination ("Termination without Cause"). Notwithstanding anything to the contrary in this Agreement, (i) any reference herein to a termination of your employment is intended to constitute a "separation from service" within the meaning of Section 409A of the Code (as defined below), and Section 1.409A-1(h) of the regulations promulgated thereunder, and shall be so construed, and (ii) no payment will be made or become due to you upon termination of your employment unless such termination constitutes a "separation from service" within the meaning of Section 409A of the Code (as defined below) and you further resign from all positions held at the Company (including as a member of the Board, if applicable).View More
Employment and Termination. Your employment with the Company Cepheid will be at-will and may be terminated by you or by the Company Cepheid at any time for any reason as follows: (a) a. Your employment will automatically terminate upon the date on which another individual is appointed by Cepheid to serve as Cepheid's Chief Executive Officer or, such later date as is mutually agreed between you and the Board (such date, the "Retirement Date" and such termination, a "Termination Due to Retirement"), unless your employment is... earlier terminated pursuant to Sections 6(b) through 6(f) below; b. You may terminate your employment upon written notice to the Board of Directors at any time for "Good Reason," as defined below (a "Constructive (an "Involuntary Termination"); (b) you c. You may terminate your employment upon written notice to the Board of Directors at any time in your discretion without Good Reason ("Voluntary Termination"); (c) the Company d. Cepheid may terminate your employment upon written notice to you at any time following a determination by the Board of Directors that there is "Cause," as defined below, for such termination ("Termination for Cause"); and (d) the Company e. Cepheid may terminate your employment upon written notice to you at any time in the sole discretion of the Board of Directors without a determination that there is Cause for such termination ("Termination without Cause"). Cause"); and f. Your employment will automatically terminate upon your death or upon your Disability as determined by the Board of Directors. g. Notwithstanding anything to the contrary in this Employment Agreement, (i) any reference herein to a termination of your employment is intended to constitute a "separation from service" within the meaning of Section 409A of the Internal Revenue Code (as defined below), of 1986, as amended (the "Code") and Section 1.409A-1(h) of the regulations promulgated thereunder, and shall be so construed, and (ii) no payment will be made or become due to you upon termination of your employment unless such termination constitutes a "separation from service" within the meaning of Section 409A of the Code (as defined below) and you further resign from all positions held at the Company (including as a member of the Board, if applicable). Code. View More
