Payment in lieu of notice. Company reserves the right (but is not obligated) to make a payment in lieu of any notice of termination of employment which Company or Employee is required to give.
Appears in 8 contracts
Sources: Employment Agreement (China Electric Motor, Inc.), Employment Agreement (China Century Dragon Media, Inc.), Employment Agreement (China Electric Motor, Inc.)
Payment in lieu of notice. Company reserves the right (but is not obligated) to make a payment in lieu of any notice of termination of employment which Company or Employee Executive is required to give.
Appears in 1 contract
Sources: Executive Employment Agreement (Source Photonics Inc)