The parties entered into a written agreement whereby, beginning February 14, 1972, respondent hired petitioner for a period of three years. The hiring was terminable by respondent on any October 1 upon written notice and the payment of six months' wages at the contract rate. Respondent was also entitled to terminate the agreement on 10 days' written notice at any time if petitioner failed to devote his best efforts to the corporate business, and termination by this method...
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