LSMS | Dec 2022 Journal | ASMAC Employment Agreement PPT

 Term and Termination

Employer may terminate this Agreement immediately for cause. For this purpose, “cause” shall mean any of the following reasons: . . . • The occurrence of circumstances that make it impossible or impracticable for the business of Employer to be continued

Very broad & unspecific ground; should not be “for cause” termination

Can be terminated immediately (for cause) if business is down

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