Termination Clause Example from Business Contracts

Termination. (a) Employment at Will. Your employment shall be "at will," meaning that either you or the Company shall be entitled to terminate your employment at any time and for any reason, with or without Cause or notice. Any contrary representations that may have been made to you shall be superseded by this Agreement. This Agreement shall constitute the full -3- and complete agreement between you and the Company on the "at-will" nature of your employment, which may only be changed in an express written... agreement signed by you and a duly authorized officer of the Company. (b) Rights Upon Termination. Except as expressly provided in Section 6, upon the termination of your employment, you shall only be entitled to the accrued but unpaid base salary compensation, any earned but unpaid Cash Bonus for the fiscal year preceding the fiscal year in which such termination of employment occurs, PTO and other benefits earned and the reimbursements described in this Agreement or under any Company-provided plans, policies, and arrangements for the period preceding the effective date of the termination of employment. View More