Employment at Will Contract Clauses (336)

Employment at Will. Notwithstanding anything in this Agreement, the Executive and the Company understand and agree that the Executive is an employee at-will, and that the Executive may resign, or the Company may terminate the Executive's employment, at any time and for any or for no reason. Nothing in this Agreement shall be construed to alter the at-will nature of the Executive's employment.

Employment at Will. Nothing in this Agreement or in the Plan shall confer upon Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Participant) or of Participant, which rights are hereby expressly reserved by each, to terminate Participant's Service at any time for any reason, with or without cause.

Employment at Will. Employee shall be employed at-will and for no definite term. This means that either party may terminate the employment relationship at any time for any or no reason.

Employment at Will. Executive and ServiceSource acknowledge and agree that during Executive's employment with ServiceSource the parties intend to strictly maintain an at-will employment relationship. This means that at any time during the course of Executive's employment with ServiceSource, Executive is entitled to resign with or without cause and with or without advance notice. Similarly, ServiceSource specifically reserves the same right to terminate Executive's employment at any time with or without cause and wi...th or without advance notice. Nothing in this Agreement or the relationship between the parties now or in the future may be construed or interpreted to create an employment relationship for a specific length of time or a right to continued employment. Executive and ServiceSource understand and agree that only ServiceSource's Chief Executive Officer possesses the authority to alter the at-will nature of Executive's employment status, and that any such change may be made only by an express written employment contract signed by ServiceSource's Chief Executive Officer. No implied contract concerning any employment-related decision or term or condition of employment can be established by any other statement, conduct, policy or practice. 1 4. CASH COMPENSATION. (a) Base Salary and Bonus. In consideration for the services and covenants described in this Agreement, ServiceSource agrees to pay Executive an annual base salary of four hundred thousand dollars ($400,000) paid on ServiceSource's normal payroll dates, subject to all applicable withholdings. In addition, for the 2019 calendar year and subsequent years, Executive will be eligible for additional potential compensation pursuant to the Corporate Incentive Plan ("CIP") equal to 75% of Executive's annual base salary. (b) CIP Details. The CIP is a discretionary incentive program that ServiceSource funds based on the achievement of business results and individual objectives established by ServiceSource and may also be subject to applicable performance requirements as determined by the Board of Directors or its Compensation Committee in their sole discretion. As a direct report to the CEO, Executive will not be eligible to receive H1 (first half) CIP payment, and will be eligible for only one CIP payment per year. Except as otherwise specifically provided in this Agreement, Executive must be employed as of the date of the scheduled CIP payment in order to be eligible to receive the CIP payment. (c) Changes to Compensation. Executive's annual base salary and potential annual target CIP bonus amount may be changed from time to time by mutual agreement of Executive and ServiceSource, and any such mutually-agreed upon change shall be deemed to supersede and replace this Section 4. View More

Employment at Will. I agree that this Agreement is not an employment contract for any particular term. I have the right to resign and the Company has the right to terminate my employment at will, at any time, for any or no reason, with or without cause. This Agreement does not purport to set forth all of the terms and conditions of my employment, and as an employee of the Company, I have obligations to the Company which are not described in this Agreement. However, the terms of this Agreement govern over any such t...erms that are inconsistent with this Agreement, and supersede the terms of any similar form that I may have previously signed. This Agreement can only be changed by a subsequent written agreement signed by the Chief Executive Officer or President of the Company, or an authorized designee. View More

Employment at Will. Notwithstanding anything in this letter to the contrary, you will be considered an "employee-at-will," and both you and the Company have the right to terminate the employment relationship at any time and for any reason.

Employment at Will. Executive has been elected or appointed to the position of Vice Chair and Chief Banking Officer. This Agreement governs the benefits to which Executive is entitled in the event that his employment is terminated, but does not affect the at-will nature of Executive's employment. Parties retain the right to terminate the employment relationship at will and without notice, subject to the covenants below.

Employment at Will. This Letter Agreement does not affect your employment relationship with the Company; that is, employment with the Company remains at-will. The Cash Bonuses and RSUs described herein are independent of all other compensation you may be eligible to receive from the Company.

Employment at Will. Your employment with the Company will be "at will," meaning that either you or the Company will be entitled to terminate your employment at any time and for any reason, with or without cause. Except as set forth in Section 13, you will not be entitled to receive any payments under this letter or any policy or plan of Company as in effect from time to time that provides for payment of amounts on termination of employment other than any and all previously earned, but as of yet unpaid, salary, and ...reimbursement of business expenses and fringe benefits as of yet unpaid, by reason of Company electing not to renew or extend the terms provided for herein. View More