Termination for Any or No Reason Clause Samples
The 'Termination for Any or No Reason' clause allows either party to end the agreement at their discretion, without needing to provide a specific justification. Typically, this clause will specify a required notice period—such as 30 days—during which the terminating party must inform the other of their intent to terminate. This provision provides flexibility and reduces the risk of being locked into an unfavorable contract, enabling parties to exit the relationship smoothly if circumstances change or if the arrangement is no longer beneficial.
Termination for Any or No Reason. Executive’s employment with the Company shall at all times be on an “at-will” basis and nothing in this Agreement shall provide Executive the right to employment for any specified period. The Company and Executive shall each have the right to terminate Executive’s employment at any time for any reason or for no reason. If Executive’s employment with the Company ceases for any reason, Executive will receive (i) Executive’s Base Salary earned but unpaid through and including the date of termination; and (ii) any other amounts or benefits payable under the terms of benefit plans of the Company, other than severance plans (collectively, the “Accrued Amounts”).
Termination for Any or No Reason. During the Employment Term, the Executive may voluntarily terminate his employment for any reason with the Company upon 30 days prior written notice. Termination is effective 30 days after the date the notice is provided to the Company. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Company.
Termination for Any or No Reason. Your employment with the Company will at all times be on an “at-will” basis and nothing in this Agreement provides you the right to employment for any specified period. The Company and you each have the right to terminate your employment at any time for any reason or for no reason, subject to any notice requirements set forth in this Agreement. Upon termination of your employment for any reason set forth in Sections 6(b), (c) or (d) below, whether by the Company or you, you will receive payment of (i) your accrued base salary through and including the date of termination, (ii) any reimbursements for expenses incurred but not yet paid as of your date of termination, and (iii) any other amounts or benefits required to be paid or provided to you by applicable law or accrued and vested for your benefit under the compensation and benefit plans, programs, policies and practices of the Company as may be in effect from time to time (collectively, the “Accrued Amounts”). Payment of the amounts in clause (i) of the immediately preceding sentence shall be made no later than the regularly scheduled payday following termination of your employment (or such earlier date as required by applicable law). Payment of any amounts payable under clause (ii) shall be paid in accordance with the Company’s expense reimbursement policies. Payments or benefits under clause (iii) shall be paid or provided in accordance with the terms of the applicable plan, program, policy or practice or contract or agreement. In the event of your death, the Accrued Amounts shall be paid to your estate.
Termination for Any or No Reason. Upon the termination of this Agreement for any or no reason: (i) the Consultant will promptly deliver to the Company all Deliverables prepared by the Consultant for the Company through the date of the termination that were not previously delivered to the Company, if any; and (ii) the Consultant will promptly deliver to the Company all Confidential Information in the Consultant’s possession, custody, or control.