Special Right of Termination. Notwithstanding anything herein to the contrary, but subject to the provisions of Section 3(a), within the one-year period immediately following the occurrence of a "Change in Control" (as defined in Subsection (d)), the Executive may terminate his employment for any or no reason by delivering a written notice, similar to a Notice of Termination, to Medifast; and such termination will be deemed for all purposes to constitute a resignation for Good Reason. In such event, he will be entitled to the payments set forth in Section 6.
Special Right of Termination. 1. In the case of serious violations of the terms of this agreement, in particular against compliance with applicable data protection regulations, the client entitled to a special right of immediate termination. Further sanctions, in particular contractual penalties, are excluded.
Special Right of Termination. Notwithstanding anything herein to the contrary, but subject to the provisions of Section 3(a), within the later of (i) the one-year period following the occurrence of a Change in Control (as defined below), or (ii) the period ending January 3, 2000, if a Change in Control occurs before such date, the Executive may terminate his employment for any or no reason by delivering a written notice, similar to a Notice of Termination, to Main; and such termination will be deemed for all purposes to constitute a resignation for Good Reason. In such event, he will be entitled to the payments and benefits described in Section 6.
Special Right of Termination. Company shall have the right to terminate this Agreement upon written notice to Licensor if the commercial value of the Xxxxxxxxx Identification is substantially reduced because Xxxxxxxxx (i) has been charged with illegal or immoral conduct which could result in a felony conviction and such charges have not been dismissed or terminated within ninety (90) days; or (ii) fails an officially sanctioned drug test or is criminally convicted of any felony or drug related offense. Any termination pursuant to this paragraph shall become effective on the 30th day next following the date of receipt by Licensor of Company's written notice to so terminate.
Special Right of Termination. (1) The Management Board Chairman/CEO shall have the right to terminate the employment relationship for cause with six months’ notice to the end of the month (special termination right), provided that he simultaneously resigns from his office as a member of the Management Board with effect from the date of termination of the contract. The special termination right of the Management Board Chairman/CEO shall expire at the end of the second month following the month in which the Annual General Meeting of the Company took place in which a resolution was passed on the approval of the actions of the Management Board and Supervisory Board for the 2020 financial year.
Special Right of Termination. (a) Each Party can terminate this agreement at any time without complying with a notice period ("extraordinary termination") if there is a serious violation of another Party against data protection regulations or the stipulations of this agreement. A serious violation shall be deemed to exist in particular if one Party has to a great extent not fulfilled the obligations defined in this agreement, particularly the agreed technical and organizational measures.
Special Right of Termination. 12.1 The Client may extraordinarily terminate the Principal Agreement and this Agreement at any time without notice if there is a serious breach by the Contractor of data protection regulations or the provisions of this Agreement, the Contractor can not or will not execute a lawful instruction from the Principal or the Contractor Inspection rights of the client are refused.
Special Right of Termination. Company shall have the right to elect to terminate the Contract Period at any time if, in the Company's discretion, the Company determines in good faith that (a) the commercial value of the Player Identification is materially impaired by reason of the commission by Player of any act which shocks, insults, and offends the community and ridicules public morals and decency; (b) that the Player Identification no longer is materially beneficial to the Company's business and marketing plans.; provided, however, that the disability or death of Xxxx Xxxxxx alone shall not be deemed to diminish the value of the Player Identification to the Company under this Agreement; or (c) as provided in Paragraph 22(c) above for failure of the Licensor to protect the intellectual property rights associated with the Player Identification in the Contract Territory. Termination under this paragraph shall become effective on the thirtieth (30th) day next following the date of receipt by Licensor of Company's written notification of termination. Should Licensor disagree with Company as to the existence of a condition affording Company the right to so terminate the Contract Period, Licensor shall, within thirty
Special Right of Termination. Company shall have the right to terminate this Agreement upon written notice to Licensor if the commercial value of the Xxxxx Identification is substantially reduced because Xxxxx (i) has engaged in illegal or immoral conduct resulting in a felony conviction; or (ii) fails an officially sanctioned drug test or is criminally convicted of any drug related offense. Any termination pursuant to this paragraph shall become effective on the 30th day next following the date of receipt by Licensor of Company's written notice to so terminate.
Special Right of Termination. Company shall have the right to terminate this Agreement upon written notice to Licensor if the commercial value of the Xxxxxxxxx Identification is substantially reduced *Information has been omitted pursuant to a request for confidential treatment and has been filed separately with the Securities and Exchange Commission. because Xxxxxxxxx (i) has been charged with illegal or immoral conduct which could result in a felony conviction and such charges have not been dismissed or terminated within ninety (90) days; or (ii) fails an officially sanctioned drug test or is criminally convicted of any felony or drug related offense. Any termination pursuant to this paragraph shall become effective on the thirtieth (30th) day next following the date of receipt by Licensor of Company’s written notice to so terminate.
