Common use of Termination Severance and Related Matters Clause in Contracts

Termination Severance and Related Matters. (a) AT-WILL EMPLOYMENT. Executive's employment hereunder is "at will" and, therefore, may be terminated at any time, with or without Cause, at the option of the Company, subject only to the severance obligations under this Section 7. Upon any termination hereunder, the Employment Period shall expire.

Appears in 3 contracts

Sources: Employment Agreement (Avalonbay Communities Inc), Employment Agreement (Avalonbay Communities Inc), Employment Agreement (Avalonbay Communities Inc)

Termination Severance and Related Matters. (a) ATAt-WILL EMPLOYMENTWill Employment. Executive's employment hereunder is "at will" and, therefore, may be terminated at any time, with or without Cause, at the option of the Company, subject only to the severance obligations under this Section 7. Upon any termination hereunder, the Employment Period shall expire.

Appears in 1 contract

Sources: Employment Agreement (Avalon Properties Inc)

Termination Severance and Related Matters. (a) ATAt-WILL EMPLOYMENTWill Employment. Executive's employment hereunder is "at will" and, therefore, may be terminated at any time, with or without Cause, at the option of the Company, subject only to the severance obligations under this Section 78. Upon any termination hereunder, the Employment Period shall expire.

Appears in 1 contract

Sources: Employment Agreement (Avalon Properties Inc)