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Home / Opinion Digests / Contract – Labor & Employment – Former Board Chairman's Contract – Advisor (access required)

Contract – Labor & Employment – Former Board Chairman's Contract – Advisor (access required)

Where the company agreed in its contract with its former chairman of the board to retain him as an "advisor and consultant" for a minimum term of five years, and "thereafter on a year-to-year basis," which the company could terminate "at any time by either giving him one year's prior written notice or paying him ...