TERMINATION; EFFECTS OF TERMINATION. This Agreement and the Employee’s employment with the Company shall be terminable at will at any time for any reason by either party by providing advance notice to the other party of such termination, which termination shall become effective on the date contained in such notice. Upon such termination, the rights of the Employee to receive the monies and benefits from the Company shall be determined in accordance with the terms and provisions contained in this Article 7, and the Employee agrees that such monies and benefits are fair and reasonable and are the sole monies and benefits which shall be due to him from the Company in the event of termination, except as may be required by law to be provided.
Appears in 2 contracts
Sources: Employment Agreement (Great White Energy Services, Inc.), Employment Agreement (Great White Energy Services, Inc.)