1.4 Employment-At-Will Employment with the Company is on an at-will basis unless otherwise specified in a written employment agreement. You are free to resign at any time, for any reason, with or without notice. Similarly, the Company is free to conclude the employment relationship at any time for any lawful reason, with or without cause, and with or without notice. Nothing in this Handbook will limit the right of either party to terminate an at-will employment. No section of this Handbook is meant to be construed, nor should it be construed, as establishing anything other than an employment-at-will relationship. This Handbook does not limit management's discretion to make personnel decisions such as reassignment, change of wages and benefits, demotion, etc. No person other than the President has the authority to enter into an agreement for employment for any specified period of time or to make an agreement for employment other than at-will terms. Only the President of the Company has the authority to make any such agreement, which is only binding if it is in writing and signed by the President of the Company. 1.5 Arbitration Policy In consideration of your employment with Midwest Fastener Corp., its promise to arbitrate all employment-related disputes, and your receipt of the compensation, pay raises, and other benefits paid to you by the Company, at present and in the future, you agree that any and all controversies, claims, or disputes with anyone (including the Company and any employee, officer, director, or benefit plan of the Company, in their capacity as such or otherwise), whether brought on an individual, group, or class basis, arising out of, relating to, or resulting from your employment with Midwest Fastener Corp. or the termination of your employment with the Company, including any breach of this agreement, shall be subject to binding arbitration under the terms and
conditions set forth in the at-will employment, confidential information, invention assignment, and arbitration agreement between you and Midwest Fastener Corp. (or such other confidentiality agreement between you and the Company, each the "confidentiality agreement"). In the event the confidentiality agreement between you and Midwest Fastener Corp. does not contain an arbitration provision, then you nevertheless agree to arbitrate any and all claims set forth above in a neutral, mutually agreeable forum according to the applicable minimum standards for arbitration. 1.6 Employment Applications Midwest Fastener Corp. relies upon the accuracy of information contained in the employment application and the accuracy of other data presented throughout the hiring process and employment. Any misrepresentations, falsifications, or material omissions in any of this information or data may result in the exclusion of the individual from further consideration for employment or, if the person has been hired, termination of employment. 1.7 Employment Reference Checks To ensure individuals who join Midwest Fastener Corp. are well qualified and have a strong potential to be productive and successful, it is the policy of Midwest Fastener Corp. to check the employment references of all applicants. Human Resources will respond in writing only to those reference check inquiries that are submitted in writing to Midwest Fastener Corp. Responses to such inquiries will confirm only dates of employment, wage rates, and position(s) held. No employment data will be released without a written authorization and release signed by the individual who is the subject of inquiry. Temporary agency employees must contact the agency for reference checks.
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