Termination and Notice Clause Samples
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Termination and Notice. 16.1 The employment relationship may be terminated by each of the parties based on a mutual notice period of three months. Termination shall be notified in writing, and the notice period shall be calculated from and including the first day of the month following the issuance of such notice.
16.2 The Employee will be entitled to accelerated vesting of all options received in accordance with clause 5.4 and a salary compensation equal to 1,5 times base annual salary (which shall include the notice period) if:
i. the Employee is asked by the Company to terminate the employment, and provided that the Employee does not dispute such termination, for any other reason than where the Employee (a) commits an act of gross misconduct or shows gross breach of duty which can justify termination of the employment agreement with immediate effect according to applicable law; (b) commits any serious breach or (after warning) repeated or continued material breach of the Employee’s obligations under the Contract; (c) is guilty of fraud, dishonesty or conduct tending to bring the Employee or the Company into disrepute; (d) is declared bankrupt; (e) is convicted of any criminal offence; (f) retires; or (g) reaches the Company’s retirement age, or
ii. where the Employee’s employment is terminated within 12 months of a change of control of the Company as defined in the Company’s LTIP and the Employee’s employment has been terminated for a reason other than those listed in clause 16.2 (i) (a) – (g) above, provided that the Employee must be available to work for the Company full time for a period of 12 months. No severance payment shall be paid and the Employee shall not be entitled to accelerated vesting of options if the Employee disputes the termination or terminates the employment.
16.3 Upon termination of employment, the Employee shall return to the Company all property in the Employee’s possession, custody or control belonging to the Company, including but not limited to business cards, credit and charge cards, keys, security and computer passwords, mobile phones, personal computer equipment, original and copy documents or other media on which information is held in the Employee’s possession relating to the business or affairs of the Company.
16.4 Upon termination of employment, the Employee shall repay any debts to the Company, and release the Company of any guarantee or security for loans or responsibilities on behalf of the Employee.
Termination and Notice. The contract must address the basis for termination of the contract by either party and notice requirements. PHP shall specifically include a provision permitting the PHP to immediately terminate a provider contract upon a confirmed finding of fraud, waste, or abuse by the Department or the North Carolina Department of Justice Medicaid Investigations Division.
Termination and Notice. 10.1 This Agreement may be terminated by either party at any time, with or without cause, upon not less than thirty (30) days written notice delivered by mail or in person to the other party. Notice to County: County Judge ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, 1st Street Richmond, Texas 77469 Notice to the FBHA: Fort Bend History Association Attention: President ▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ If notice is delivered by mail, it shall be deemed received two (2) days after mailing.
Termination and Notice a. Either party may terminate this agreement by providing 30 days written notice to the other party through any suitable channel.
b. Upon termination, the tenant shall return the property in the same condition as at the beginning of the tenancy, minus normal wear and tear.
Termination and Notice. 17.1. This agreement will terminate upon official written notice of cancellation delivered to Minion Kidz. The notice period for cancellation is one full calendar month's notice period, from the 1st of the month. No notice will be accepted or processed between the 1st and 30th of November.
Termination and Notice. Either party may terminate this Agreement upon written notice to the other. The termination shall be effective immediately on the date of the notice. If the Processor has in its possession any of Originator’s Borrowers’ data, records, or other information, the Processor shall return such data, records, or other information upon termination or ensure secure disposal of such data, records, or other information. Written notifications shall be delivered to the address in the first paragraph of this Agreement. Either party may change the address for such notice by providing notice to the other party in accordance with this Section 5. Written notification may be satisfied by certified mail (return receipt requested), overnight mail, or personal delivery.
Termination and Notice. This Employment Agreement and the Executive’s employment may be terminated as follows:
Termination and Notice. 9.1 The Joint Lead Managers, may, by notice to the Issuer, and the Issuer may, by notice to the Joint Lead Managers, terminate this Agreement at any time prior to payment of the net subscription moneys to the Issuer if in the opinion of the Joint Lead Managers or the Issuer, as the case may be, there shall have been such a change in national or international financial, political or economic conditions or currency exchange rates or exchange controls as would in the view of the Joint Lead Managers or the Issuer, as the case may be, be likely to prejudice materially the success of the distribution of the Notes or dealings in the Notes in the secondary market.
9.2 Upon such notice being given, this Agreement shall terminate and no party shall be under any liability to any other in respect thereof except for the obligations of the Joint Lead Managers under Clause 8 of the Programme Agreement and the respective obligations of the parties under Clause 6 of the Programme Agreement.
Termination and Notice. 10.1 This Agreement may be terminated by either party at any time, with or without cause, upon not less than thirty (30) days written notice delivered by mail or in person to the other party. To County: Fort Bend County Attn: County Judge ▇▇▇ ▇▇▇▇▇▇▇ ▇▇., 1st Fl Richmond, TX 77469 To Museum: FBC Heritage Unlimited Museum P.O. ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
10.2 If notice is delivered by mail, it shall be deemed received two (2) days after mailing.
Termination and Notice. The LESSEE hereby agrees that the UNIVERSITY may terminate the LESSEE’s tenancy without cause under this Lease upon thirty (30) days written notice. The UNIVERSITY may serve the LESSEE with a three (3) day notice to pay rent or quit, to perform a covenant or quit, or to quit, whichever is appropriate, if the LESSEE fails to pay rent or other charges when due or otherwise breaches the terms and conditions of this Lease. Breaches include, but are not limited to, the following: (a) failure to maintain eligibility for Family and Graduate Housing as provided in Section 6, (b) failure to pay promptly the stated rent or other charges levied, (c) ▇▇▇▇▇▇'s use of the apartment unreasonably damages or endangers the apartment, its furnishings or the building, or unreasonably disturbs residents of other units, (d) the LESSEE violates any other provision of this Lease or the Guide to Student Housing and Dining Services, or (e) the LESSEE sublets or assigns any of the rights pursuant to this Lease without receiving prior written consent from the UNIVERSITY. The LESSEE may request to terminate this Lease by submitting a lease cancellation request at least 30 days prior to the end of the quarter. Requests that qualify for consideration subject to UNIVERSITY’s approval include 1) change in eligible student status, 2) Planned Education Leave (PELP), and 3) personal hardship. Approved lease cancellations will result in the lease term ending on the “Quarter End Date” as published by the Office of the University Registrar.