(a) The Employee may at any time terminate this agreement and his employment by giving not less than two weeks written notice to the Employer. (b) The Employer may terminate this Agreement and the Employee’s employment at any time, without notice or payment in lieu of notice, for sufficient cause. Example Executive Employment Agreement This template is not intended as legal advice. Your organizational goals, purpose, values, and bylaws should drive the creation of this document. THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is made between the Organization Name, an Alaska nonprofit corporation (hereinafter "_____" or A CEO has a managerial position with respect to the duties and conditions of employment and is therefore not considered as an ordinary employee. A CEO contract is a contract between a company and a chief executive officer which is signed by the president. A CEO contract should specify the employer, corporation, and the chief executive officer.