AGREEMENT MODIFICATION OR TERMINATION Sample Clauses

AGREEMENT MODIFICATION OR TERMINATION. The Agreement may be amended or terminated by the Board at any time; provided, however, that during the pendency of a Potential Change in Control and during the two (2) year period following a Change in Control, this Agreement may not be terminated or amended without the consent of the Executive. Notwithstanding any provision to the contrary, it is the parties’ intention that the benefits and rights to which the Executive could become entitled in connection with a termination of employment covered under this Agreement comply with Section 409A of the Code. If the Executive or the Company believes, at any time, that any such benefit or right does not so comply, the Executive or the Company shall promptly advise the other party and shall negotiate reasonably and in good faith to amend the terms of this Agreement such that it complies with Code Section 409A (with the most limited possible economic effect on the Executive and on the Company). The obligations of the Company and the Executive under this Agreement, which by their nature may require either partial or total performance after the expiration of the Term (including, without limitation, those under Sections 2, 3 and 5 hereof) shall survive such expiration.
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AGREEMENT MODIFICATION OR TERMINATION. This Agreement may be modified or terminated as set forth below within the reasonable discretion of the University Director of Housing Operations, or such person’s designee. Reasons for modification or termination include, but are not limited to, the following: failure of the undersigned to comply with the terms of this Agreement; the student fails to meet the eligibility criteria set forth in paragraph 4, or the student violates the behavior and conduct provisions set forth in paragraph 13. Modification of this Agreement may include, but is not limited to, moving the student to another University Housing facility or restricting the student’s access to housing facilities. The student will be given notice and an opportunity to appeal any proposed modification(s) or termination of this Agreement to the University Director of Housing Operations or such person’s designee. Additionally, the University may terminate this Agreement or suspend the student’s housing privileges if access to, and/or use of the residence hall is hampered, interrupted, or rendered impossible, hazardous, or otherwise interfered with, by reasons of causes beyond the University’s control, including, but not limited to, acts of God, flood, extreme weather, fire or other natural calamity, terrorist attack, any law, order, or regulation or action of any governmental entity or civil or military authority, power or utility failure, cable cuts, unavailability of rights-of-way, national emergencies, riots, wars, strikes, lock-outs, work stoppages or other labor difficulties, or pandemics, epidemics, and global health emergencies (each a “Force Majeure Event”). If a Force Majeure Event occurs during the term hereof, the University shall be excused from performance hereunder for the duration of the Force Majeure Event. If this Agreement is terminated or suspended as the result of a Force Majeure Event, the student will be required to pay the remainder of this Agreement balance, except when identified by the University as Exigent circumstances (as defined in Paragraph 10. Termination of Housing Agreement by the University).
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AGREEMENT MODIFICATION OR TERMINATION. This Agreement may be modified or terminated at the discretion of the Director of Housing and Residential Life, or an authorized designee of the Director. Reasons for modification or termination include, but are not limited to: failure of the undersigned to comply with the terms of this Agreement; the student does not meet the eligibility criteria set forth in paragraph 4; or the student violates the behavior and conduct provisions outlined in paragraph
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AGREEMENT MODIFICATION OR TERMINATION. Either party may terminate this Agreement at will any time for any reason.
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AGREEMENT MODIFICATION OR TERMINATION. 2 This agreement may be supplemented or renegotiated as necessary to meet changing 3 conditions. By mutual agreement the parties hereto may terminate this agreement
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AGREEMENT MODIFICATION OR TERMINATION. The agreement can be modified or terminated through a mutual agreement in writing, if any of following situations occurs:
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Related to AGREEMENT MODIFICATION OR TERMINATION

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

  • TERMINATION OR MODIFICATION A. This Agreement shall continue in full force and effect until December 31, 2011.

  • Term, Termination and Modification This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or by the Registrant on behalf of any one or more of the Funds upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such Fund.

  • Amendment, Suspension or Termination of the Plan By accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

  • TERM, TERMINATION, AND MODIFICATION OF RIGHTS 13.1 This Agreement is effective when signed by all parties, unless the provisions of Paragraph 14.16 are not fulfilled, and shall extend to the expiration of the last to expire of the Licensed Patent Rights unless sooner terminated as provided in this Article 13.

  • TERM, MODIFICATION AND TERMINATION OF AGREEMENT This Agreement with respect to the Fund shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to a Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

  • Contract Termination Provision This contract may be terminated at any time by City for any cause without penalty or liability except as may otherwise be specified herein. Upon receipt of written notice by City, Engineer shall immediately discontinue all services and Engineer shall immediately terminate placing orders or entering into contracts for supplies, assistance, facilities or materials in connection with this contract and shall proceed to cancel promptly all existing contracts insofar as they are related to this contract. As soon as practicable after receipt of notice of termination, Engineer shall submit a statement showing in detail the services performed but not paid for under this contract to the date of termination. City shall then pay Engineer promptly the accrued and unpaid services to the date of termination, to the extent the services are approved by City. This contract may be terminated by Engineer with mutual consent of City at any time for any cause without penalty or liability except as may otherwise be specified herein. Engineer shall submit written notice to terminate contract and shall submit to City all plans and documents relative to the design of Project. City shall then ascertain cost to complete the balance of the work under this contract. If the cost to complete the balance of the work is greater than the unpaid contract amount, City shall retain all unpaid balances and, in addition, Engineer shall pay directly to City the difference in the unpaid balance and the cost to complete the work. In no case shall City pay Engineer any additional monies other than those previously paid under the contract.

  • DURATION, MODIFICATION AND TERMINATION A. Effective Date: The effective date of this agreement is October 2, 2017, provided that SSA reported the proposal to re-establish this matching program to the Congressional committees of jurisdiction and OMB in accordance with 5 U.S.C. § 552a(o)(2)(A) and OMB Circular A-108 (December 23, 2016), and SSA published notice of the matching program in the Federal Register in accordance with 5 U.S.C. § 552a(e)(12).

  • Procedure for Termination, Amendment, Extension or Waiver A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver of this Agreement pursuant to Section 7.04 shall, in order to be effective, require in the case of Parent, Sub or the Company, action by its Board of Directors.

  • TERMINATION AND MODIFICATION A. This Agreement shall continue in full force and effect until 11:59 p.m., June 30, 2023.

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