What happens to an at will employment agreement?

The Company and Executive acknowledge that Executive’s employment is and shall continue to be “at-will,” as defined under applicable law. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement.

What are the requirements of an employment agreement?

Employee shall devote the necessary time, ability, and attention to the Company’s business during the term of this Agreement.

What is the date of the employment agreement?

This EMPLOYMENT AGREEMENT(“Agreement”), dated as of August 9, 2011 (the “Effective Date”), is made by and between REGENECA, INC., a Nevada corporation, located at 1 Technology Drive, Suite C-515, Irvine, California 92618, and hereafter referred to as “the Company,” and DR.

Who are the parties in an employment agreement?

THEREFORE, in consideration of the foregoing and of the mutual promises contained in this Agreement, the Company and Employee (who are sometimes individually referred to as a “party” and collectively referred to as the “parties”) agree as follows: AGREEMENT 1. SPECIFIED TERM.

Are there any States where employment is at will?

Employment relationships are presumed to be “at-will” in all U.S. states except Montana. The U.S. is one of a handful of countries where employment is predominantly at-will.

What are the clauses in an employment agreement?

On the terms and subject to the conditions hereinafter set forth, and beginning as of the Effective Date, the Company will employ the Employee as President of Company and the Employee will serve in the Company’s employ in that position.

Employee shall devote the necessary time, ability, and attention to the Company’s business during the term of this Agreement.