Employment Period Clause Example from Business Contracts

Employment Period. Subject to earlier termination in accordance with Section 3 of this Agreement, Executive shall be employed by the Company for a period commencing on the Effective Date and ending on the third anniversary of the Effective Date (the "Employment Period") unless the parties mutually agree to extend the term at least ninety (90) days prior to the end of the Employment Period. Upon Executive's termination of employment with the Company for any reason, at the Company's request, Executive shall immediat...ely resign all positions with the Company and all of its subsidiaries and its affiliates (collectively, the "Company Group"), including any position as a member of the Company's Board of Directors (the "Board"). View More