Termination of Duties. Notwithstanding anything to the contrary set forth herein, at any time on or after delivery of written notice to the Employee, the Company may relieve the Employee of all of his duties and responsibilities hereunder and may relieve the Employee of authority to act on behalf of, or legally bind, the Company; provided, however, that any such action by the Company shall not relieve the Company of its obligation to pay to the Employee all compensation and benefits otherwise provided for in this Agreement.
Appears in 4 contracts
Sources: Employment Agreement (Energy Research Corp /Ny/), Employment Agreement (Evercel Inc), Employment Agreement (Evercel Inc)