Termination and Partial Termination Sample Clauses

Termination and Partial Termination. . . . 93 16.3 Plan Merger and Consolidation or Transfer of Plan Assets. 94 16.4 Amended and Restated Plans. . . . . . . . . . . . . . . . 94 16.5
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Termination and Partial Termination. The adopting Employer may, at any time, by written notice to the Trustee in such form as is acceptable to the Trustee, terminate the Plan and discontinue all further contributions hereunder. Upon termination or partial termination of the Plan or upon complete discontinuance of contributions to a Profit Sharing Plan, each affected Employee shall have a one hundred percent (100%) vested and nonforfeitable interest in his account balance. Upon a termination or partial termination of the Plan (and subject to the limitations of section 4.10 in the case of a cash or deferred arrangement qualified under section 401(k) of the Code), each affected Participant's account balance may be distributed in accordance with the provisions of Article VIII or, at the option of the Employer and with the Trustee's consent, shall continue to be held by the Trustee for distribution as authorized by Articles VIII and IX. Notwithstanding the preceding sentence, a Profit Sharing Plan which does not offer an annuity form of benefit (purchased from a commercial provider) may distribute each affected Participant's account balance immediately in a single sum without Participant consent, provided that neither the Employer nor any Affiliated Employer maintains another defined contribution plan, other than an employee stock ownership plan (as defined in section 4975(e)(7) of the Code). If either the Employer or any Affiliated Employer maintains another such defined contribution plan, then a Participant's account balance may be transferred to such plan without his consent if the Participant does not consent to the single sum distribution from this Plan.
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Termination and Partial Termination. (a) In the event the Holder's employment with the Issuer is terminated for cause by the Issuer at any time during the term of this Warrant, then this Warrant and all rights contained herein, shall immediately terminate.
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Termination and Partial Termination a. This Agreement shall terminate automatically without further action upon termination of the Reorganization Agreement in accordance with these terms. Upon such termination of this Agreement, the respective obligations of the parties hereto shall immediately become void and have no further force and effect.
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Termination and Partial Termination 
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Related to Termination and Partial Termination

  • Partial Termination In the event of a partial termination, the Agreement shall continue to operate and be effective with regard to benefits accrued prior to the effective date of such partial termination, but no further benefits shall accrue after the date of such partial termination.

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Termination and Termination Benefits Notwithstanding the provisions of Section 3, the Executive's employment under this Agreement shall terminate under the following circumstances set forth in this Section 6.

  • Effect of Partial Terminations Upon the earlier to occur of (a) the assignment of any Serviced Appointment to the Purchasers or the effectiveness of the appointment of another person as the Appointed Trustee under the terms of the Serviced Corporate Trust Contract related to such Serviced Appointment, or (b) the termination in accordance with its terms of any Serviced Corporate Trust Contract and the resulting termination of the Sellers’ duties as Appointed Trustee thereunder, the Purchasers’ duties and obligations hereunder with respect to such Serviced Appointment shall terminate; provided, however, that nothing in this Section 7.2.3 shall affect the Purchasers’ or Sellers’ obligations under Article 8 with respect to any such Serviced Corporate Trust Contract or Serviced Appointment.

  • Survival; Termination The representations, warranties, and covenants of the respective parties shall survive the Closing Date and the consummation of the transactions herein contemplated for a period of two years.

  • Termination Effect of Termination 44 9.1 TERMINATION................................................44 9.2

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Effect of Termination for Cause If Employee's employment is terminated "For Cause":

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