Common use of Constructive Termination Clause in Contracts

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 days after written notice of same by Executive, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.04.

Appears in 25 contracts

Samples: Employment Agreement, Executive Employment Agreement (Bubblr Inc.), Employment Agreement (Bubblr Inc.)

AutoNDA by SimpleDocs

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive Director of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 days after written notice of same by ExecutiveDirector, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.044.

Appears in 2 contracts

Samples: Non Executive Board Agreement (Bubblr Inc.), Non Executive Board Agreement (Bubblr Inc.)

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 sixty (60) days after written notice of same by Executive, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.04.

Appears in 1 contract

Samples: Employment Agreement (Osl Holdings Inc.)

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his her position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 days after written notice of same by Executive, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.04.

Appears in 1 contract

Samples: Employment Agreement (Crown Alliance Capital LTD)

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 days after written notice of same by Executive, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.045.05.

Appears in 1 contract

Samples: Employment Agreement of Bradley Parro (Deep Down, Inc.)

AutoNDA by SimpleDocs

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his her position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 30 days after written notice of same by Executive, describing such notice which shall describe in detail the breach asserted and stating state that it constitutes notice pursuant to this Section 5.045.04(b).

Appears in 1 contract

Samples: Employment Agreement (SupportSave Solutions Inc)

Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company. The term “Constructive Termination” shall mean any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 30 days after written notice of same by Executive, describing such notice which shall describe in detail the breach asserted and stating state that it constitutes notice pursuant to this Section 5.045.04(b).

Appears in 1 contract

Samples: Employment Agreement (SupportSave Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.