Common use of Company Termination for Cause Clause in Contracts

Company Termination for Cause. If Manager is terminated by the Company for Cause pursuant to Section 3(b), no further payments of the Management Fee shall be paid after the effectiveness of termination under Section 3(b) is given by the Board of Directors to the Manager.

Appears in 6 contracts

Samples: Management Services Agreement (SMG Indium Resources Ltd.), Management Services Agreement (SMG Indium Resources Ltd.), Management Services Agreement (SMG Indium Resources Ltd.)

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Company Termination for Cause. If Manager is terminated by the Company for Cause pursuant to Section 3(b4(b), no further payments of the Management Fee shall be paid after the effectiveness of termination under Section 3(b4(b) is given by the Board of Directors to the Manager."

Appears in 1 contract

Samples: Management Services Agreement (SMG Indium Resources Ltd.)

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