Nebraska Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release

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Multi-State
Control #:
US-13350BG
Format:
Word; 
Rich Text
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Description

This form is a sample of a termination agreement between an employer and an executive at end of the term of an employment agreement with restrictive covenants and a general release.
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  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release
  • Preview Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release

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FAQ

Yes, Nebraska is an ?Employment at Will? state. This means that the employer and the employee have equal rights to terminate employment at any time. Neither party is obligated to give notice or cause of termination. FREQUENTLY ASKED QUESTIONS - Nebraska Department of Labor nebraska.gov ? webdocs ? getfile nebraska.gov ? webdocs ? getfile

The term ?Termination for Cause? shall mean termination because of Executive's personal dishonesty, incompetence, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, or regulation (other than traffic violations or ... Examples of termination for cause clauses in contracts - Afterpattern afterpattern.com ? clauses ? termination-for-cause afterpattern.com ? clauses ? termination-for-cause

The termination for convenience clause is designed to give the terminated party a more fair and equitable result than if it were terminated for cause since the termination does not result from its wrongful conduct ? a breach of the contract.

The other types of restrictive covenants found in employment contracts are non-disparagement, non-interference and non-solicitation. Employment Contract Restrictions - Small Business - Chron.com chron.com ? employment-contract-r... chron.com ? employment-contract-r...

A termination for cause can only take place if one party cannot completely fulfill their contractual duties. An example of this would be a contractor terminating their contract for cause because the owner failed to pay them in the time that was determined in the contract.

The Board may at its discretion terminate the CEO's duties as Chief Executive Officer. Such action shall require a majority of vote of the entire Board and become effective upon written notice to the CEO or at such later time as may be specified in said notice.

Restrictive covenants may contain 4 different types of promises: (1) a promise not to compete with one's former employer; (2) a promise not to solicit or accept business from customers of the former employer; (3) a promise not to recruit or hire away employees of the former employer; and (4) the promise not to use or ... Restrictive covenants: what are they and when and where can they be ... dlapiperaccelerate.com ? knowledge ? restri... dlapiperaccelerate.com ? knowledge ? restri...

Ing to the ESA, an employer can only dismiss for cause without notice or pay in lieu of notice if the employee is guilty of wilful misconduct, disobedience, or wilful neglect of duty that is not trivial and has not been condoned by the employer.

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Nebraska Termination Agreement between Employer and Executive at End of Term of Employment Agreement with Restrictive Covenants and General Release