Looks like they can find any reason to terminate your contract and you have no rights or protection. There will be some small print that says you can have your contract terminated for bringing the company into disrepute that will be impossible to challenge - remember, these are US companies so the legal side will be tightly locked up. For all of the Bill of Rights rubbish, I knew this would happen sooner or later.
Good old Fred, eh? What a lovely caring CEO...