Common use of Deterioration or Discontinuance of Business Clause in Contracts

Deterioration or Discontinuance of Business. (1) In the event that Vista experiences material business reversals or fails to meet the operational criteria reflected in its projections or business plans, then, subject to the provisions of Section 1.4, at the option of Vista, this Agreement shall terminate as of a date selected by Vista with the same force and effect as if such date was the date originally set as the termination date hereof.

Appears in 4 contracts

Samples: 'S Employment Agreement (Amerinet Group Com Inc), 'S Employment Agreement (Amerinet Group Com Inc), 'S Employment Agreement (Amerinet Group Com Inc)

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Deterioration or Discontinuance of Business. (1) In the event that Vista experiences material business reversals or fails to meet the operational criteria reflected in its projections or business plans, then, subject to the provisions of Section 1.42.4, at the option of Vista, this Agreement shall terminate as of a date selected by Vista with the same force and effect as if such date was the date originally set as the termination date hereof.

Appears in 1 contract

Samples: Independent Contractor Agreement (Amerinet Group Com Inc)

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