TERMINATION 5 Sample Clauses

TERMINATION 5. 1 This Agreement may be terminated by the Company as follows:
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
TERMINATION 5. 1 The Licensor shall have the right to terminate this Agreement upon the occurrence of any or all of the following events upon 90 days prior written notice to the Licensee: (a) If the Licensee shall attempt or purport to assign or otherwise sell, transfer or encumber this Agreement, without the written consent of the Licensor; (b) If the Licensee uses the tradename "DuPont" otherwise than under the terms of this Agreement. (c) If the Licensor ceases to be the largest shareholder of common stock of the Licensee. 5.2 After January 1, 2008, the Licensor shall have the right to terminate this Agreement, without giving any reason whatsoever, upon 90 days prior written notice to the Licensee. 5.3 Licensee has the right to terminate this agreement in whole or in part at any time upon ninety (90) days prior written notice to Licensor. 5.4 Subject to Article 5.1 and 5.2, if the Licensor and/or its affiliates cease to hold 20% of the total outstanding common stock of the Licensee, then Licensor may terminate this Agreement upon two (2) years prior written notice. 2
Sample 1
TERMINATION 5. 01 Interpublic may terminate the employment of Executive hereunder: (i) by giving Executive notice in writing at any time specifying a termination date not less than twelve months after the date on which such notice is given, in which event his employment hereunder shall terminate on the date specified in such notice, or (ii) by giving him notice in writing at any time specifying a termination date less than twelve months after the date on which such notice is given. In this event his employment hereunder shall terminate on the date specified in such notice and the Corporation shall thereafter pay him a sum equal to the amount by which twelve months' salary, at his then current rate PAGE
Sample 1
TERMINATION 5. 01. Employee may resign his position and terminate his/her employment by giving the Company thirty (30) days written notice of his intention to resign. The Company may, at its option, waive the remaining notice period and terminate Employee immediately without any notice period or severance obligations. If requested by the Company, Employee agrees to cooperate in training his successor until his actual termination. In the event of such resignation, Employee shall receive only that compensation earned through his last day of employment and all or a portion of any bonus due Employee pursuant to any bonus plan or arrangement established prior to termination, to the extent earned or performed based upon the requirements or criteria of such plan or arrangement, as the Board shall in good faith determine. Subject to the thirty (30) day notice period provide for in this section, Employee may resign his position and be entitled to severance benefits outlined in section 5.05 if the resignation is for "Good Reason", as defined in Exhibit B. 5.02. The Company may, subject to applicable law, terminate this Agreement by giving Employee two (2) months notice if Employee, due to sickness or injury, is prevented from carrying out his essential job functions for a period of six (6) months or longer. In the event of such termination, Employee shall receive the compensation and benefits provided for in Section 5.05 for the remaining period of the contract but, in no event, for a period longer than one-year or shorter than six-months. 5.03. Employee's employment and this Agreement will be deemed terminated upon the death of the Employee. In the event of such termination, the Employee's heir(s), as identified on the Employee's life insurance beneficiary card, shall receive only compensation earned through the date of termination provided, however, that Employee, or his estate, shall be entitled to all or a portion of any bonus due Employee pursuant to any bonus plan or arrangement established prior to termination, to the extent earned or performed based upon the requirements or criteria of such plan or arrangement, as the Board shall in good faith determine. 5.04. Any other provision of this Agreement notwithstanding, the Company may terminate Employee's employment without notice if the termination is based on any of the following events that constitute Cause:
Sample 1
TERMINATION 5. UKONČENÍ It is agreed that Covance may terminate this Agreement and Investigator’s and/or Institution’s participation in the Study at any time, with or without cause. including without limitation when an acceptable replacement of the Investigator for the Sponsor is not identified within thirty (30) days Bylo dohodnuto, že společnost Covance může kdykoli ukončit tuto smlouvu a účast zkoušejícího a/nebo poskytovatele na studii, a to s udáním důvodu nebo bez udání důvodu, včetne napšíklad pšípadu, kdy nebude behem tšiceti (30) dnůidentifikována pro zadavatele pšijatelná náhrada zkoušejícího. Should the Study be terminated prior to the completion of evaluable trial subjects Covance shall reimburse the Institution on a pro rata basis of the number of visits completed by trial subject. Should the Institution has already received payments in excess of the actual pro rated amounts due then that overpayment will be promptly remitted to Covance by the Institution. Pokud by byla studie ukončena pšed pšijetím subjektů hodnocení, společnost Covance poskytovateli uhradí pomernou částku za dokončené návštevy subjektů hodnocení. Pokud poskytovatel již obdržel platby pšesahující skutečne splatné pomerné částky, pšeplatek bez průtahů vrátí společnosti Covance. The following sections shall survive the termination or expiration of this Agreement: “Disclosure by Sponsor”, “Confidential Information”, “Audit”, “Data Protection”, “Inventions and Intellectual Property”, “Publication Policy”, “Debarment”, and “Termination.” Následující články zůstanou v platnosti i po ukončení nebo uplynutí doby platnosti této smlouvy: „Zvešejnení informací zadavatelem“, „Důverné informace“, „Audit“, „Ochrana dat“, „Vynálezy a duševní vlastnictví“, „Zásady týkající se publikování“, „Zákaz činnosti“ a „Ukončení“.
Sample 1
TERMINATION 5. 1 This Agreement shall commence on the Effective Date and shall continue in full force and effect for an initial term of fifteen (15) years (the “Term”), and shall automatically renew for successive five (5) year terms, subject to earlier termination as follows: (a) By the mutual written consent of the parties; 5 LEGAL\38776322\5 (b) A material breach of this Agreement by a party, which breach cannot be cured, or remains uncured for thirty (30) days after written notice of the breach is provided to the breaching party; or (c) In accordance with and pursuant to the provisions of Section 5.2. 5.2 Either party may terminate this Agreement for cause upon written notice to the other party in the event that such other party shall: (a) File, or have filed against it (which filing is not dismissed within 90 days), a petition to declare it insolvent or bankrupt, or make an assignment of substantially all of its assets for the benefit of its creditors; (b) Be dissolved or liquidated; or (c) Suffer or permit the appointment of a receiver for its business or assets. 5.3 Upon termination of this Agreement, and with respect to payment obligations arising specifically under this Agreement, PCMV will pay HSCP on a pro-rated basis for all Services actually performed up to the effective date of such termination. 5.4 Unless the parties agree to terms of an ongoing license, upon termination of this Agreement, the parties shall promptly return, delete or destroy (at each party’s discretion) all copies of Confidential Information belonging to the other party disclosed or provided under this Agreement. ARTICLE 6 Force Majeure HSCP, including HSCP’s subcontractors, if any, shall not be responsible hereunder for any delay, default or nonperformance of this Agreement, if and to the extent that such delay, default or nonperformance is caused by an act of God, accident, labor strike, fire, explosion, riot, war, rebellion, terrorist activity, sabotage, flood, epidemic, act of government authority in either its sovereign or contractual capacity, labor, material, equipment or supply shortage, or any other cause beyond the reasonable control of such party ARTICLE 7 Indemnity Neither party shall be liable to the other party or to third parties for the acts or omissions of the other party. Each party shall indemnify, assume the defense of, and hold harmless the other party and its directors, officers, employees, and agents from every claim, loss, damage, injury, expense (including attorney...
Sample 1
TERMINATION 5. 1 Term The term of this Agreement (“Term”) began on the Effective Date and will continue in full force and effect until terminated in accordance with Section 5.2. 5.2 Termination The rights and obligations of the parties to this Agreement will automatically terminate and no longer be of any effect upon the termination of the Master Services Agreement in accordance with its terms. ARTICLE 6
Sample 1
AutoNDA by SimpleDocs

Related to TERMINATION 5

  • TERMINATION FOR CAUSE BY CITY 4.05.1 If Contractor defaults under this Agreement, the Director may terminate this Agreement after providing Contractor written notice and an opportunity to cure the default as provided below. The City’s right to terminate this Agreement for Contractor’s default is cumulative of all rights and remedies that exist now or in the future. Default by Contractor occurs if:

  • Termination for Cause; Voluntary Termination If at any time during the Term the Executive’s employment with the Company is terminated pursuant to Section 4.6 or 4.7, the Executive shall be entitled to only the following:

  • Voluntary Termination; Termination for Cause If Executive’s employment with the Company terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Termination for Cause or Voluntary Termination If the Executive’s employment terminates pursuant to Section 6(c) [For Cause] or Section 6(f) [Voluntary Termination], the Executive shall be entitled to receive only the salary, annual bonuses, expense reimbursements, benefits and accrued vacation days earned by the Executive pursuant to Section 4 through the date of the Executive’s termination of employment. Annual bonuses are not earned until the date any such bonus is paid in accordance with the terms of the applicable bonus plan. As such, the Executive shall not be entitled to any bonus not paid prior to the date of the Executive’s termination of employment, and the Executive shall not be entitled to any prorated bonus payment for the year in which the Executive’s employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s employment terminates, and unless otherwise provided by their terms, any restricted stock, performance share awards or other equity awards that were granted to the Executive by the Company that remain unvested as of the date on which the Executive’s employment terminates shall automatically be forfeited and the Executive shall have no further rights with respect to such awards. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(b) except as set forth in Section 12.

  • TERMINATION FOR CAUSE BY CONTRACTOR 4.06.1 Contractor may terminate its performance under this Agreement only if the City defaults and fails to cure the default after receiving written notice of it. Default by the City occurs if the City fails to perform one or more of its material duties under this Agreement. If a default occurs and Contractor wishes to terminate the Agreement, then Contractor must deliver a written notice to the Director describing the default and the proposed termination date. The date must be at least 30 days after the Director receives the notice. Contractor, at its sole option, may extend the proposed termination date to a later date. If the City cures the default before the proposed termination date, then the proposed termination is ineffective. If the City does not cure the default before the proposed termination date, then Contractor may terminate its performance under this Agreement on the termination date

  • Cause and Voluntary Termination If, during the Employment Period, the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good Reason following a Change of Control), the Company shall pay the Executive (i) the Earned Salary in cash in a single lump sum as soon as practicable, but in no event more than 10 days, following the Date of Termination, and (ii) the Accrued Obligations in accordance with the terms of the applicable plan, program or arrangement.

  • Termination Severance Either party may terminate the employment relationship as evidenced by this Agreement at any time and for any reason upon ninety days written notice to the other.

  • For Cause Termination If Executive’s employment with the Company is terminated by the Company for Cause, Executive shall not be entitled to any further compensation or benefits other than: (i) any accrued but unpaid Base Salary; (ii) any accrued but unused paid time off, (iii) reimbursement for any business expenses properly incurred by Executive prior to the date of termination in accordance with Section 4(b) hereof; and (iv) vested benefits, if any, to which Executive may be entitled under the Company’s employee benefit plans as of the date of termination (collectively, the “Accrued Benefits”). The Accrued Benefits shall in all events be payable on the Company’s first regularly scheduled payroll date which occurs at least ten (10) days after the date of termination (other than Base Salary, which shall be payable as provided in Section 3(a) hereof).

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