Common use of Fair and Reasonable Clause in Contracts

Fair and Reasonable. The parties confirm that notice and pay in lieu of notice provisions contained in Subsection 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee shall have no action, cause of action, claim or demand against the Company or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.

Fair and Reasonable. The parties confirm that notice and pay in lieu of notice provisions contained in Subsection 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee Executive shall have no action, cause of action, claim or demand against the Company or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.

Fair and Reasonable. The parties confirm that notice and pay in lieu of notice provisions contained in Subsection 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee Executive shall have no action, cause of action, claim or demand against the Company or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.

Fair and Reasonable. The parties confirm that notice and pay in lieu of notice provisions contained in Subsection Section 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee Executive shall have no action, cause of action, claim or demand against the Company 70MM or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.

Fair and Reasonable. The parties confirm that notice and pay in lieu of notice provisions contained in Subsection 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee Executive shall have no action, cause of action, claim or demand against the Company or Imax IMAX or any other person as a consequence of such termination other than to enforce Section 4.1.1.

Fair and Reasonable. The parties confirm that notice and pay in lieu ------------------- of notice provisions contained in Subsection Section 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee Executive shall have no action, cause of action, claim or demand against the Company 70MM or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.