Termination by Expiration. If Executive’s employment hereunder shall terminate upon expiration of the term provided in paragraph 2.1 hereof because either party has provided the notice contemplated in such paragraph, then all compensation and all benefits to Executive hereunder shall continue to be provided until the expiration of such term and such compensation and benefits shall terminate contemporaneously with termination of his employment.
Termination by Expiration. If Executive’s employment hereunder shall be terminated by expiration of the term as provided in paragraph 2.1 hereof (including any extensions of the term of this Agreement thereunder) because either party has provided an Expiration Notice, Executive’s employment with Company shall nonetheless continue until such employment is actually terminated by either Company or Executive upon such expiration or at any time thereafter, with such actual termination and the effective date thereof to be stated in a written notice to the other party which is provided in accordance with Section 8.1, and, in the case of a termination following such expiration by Executive for Good Reason (as described below), such notice shall be provided in accordance with paragraph 2.4 and the Good Reason Termination Procedure shall apply to any such termination. In the event an Expiration Notice is provided by either party, all compensation and all benefits to Executive hereunder shall continue to be provided until the expiration of such term, and thereafter Executive shall receive such compensation and benefits as are determined by Company (it being understood that determinations by Company in this regard could provide Executive with Good Reason for purposes of the immediately following sentence) until his employment with Company is actually so terminated. Upon such actual termination of Executive’s employment with Company all compensation and benefits shall terminate contemporaneously with termination of his employment with Company, except as otherwise provided in the following sentence or under any other agreement or plan of Company that provides post-termination benefits. Upon any such actual termination of Executive’s employment with Company which is upon or within 12 months following the expiration of the term as described in paragraph 2.1 where the Expiration Notice was given by Company, and subject to paragraph 4.4 below, if Executive’s employment with Company has been terminated (a) by Company and such termination is for any reason other than a reason encompassed by paragraph 2.2(i), 2.2(ii), or 2.2(iii) or (b) by Executive for Good Reason (assuming for purposes of these clauses (a) and (b) only that this Agreement were still in effect continually until and also at the time of any such termination), then Company shall provide Executive with a lump sum cash termination payment in an amount equal to 50% of Executive’s annual base salary at the highest rate in effect at any time u...
Termination by Expiration. If Key Employee’s employment hereunder shall terminate upon expiration of the term provided in paragraph 2.1 hereof because either party has provided the notice contemplated in such paragraph, then all compensation and all benefits to Key Employee hereunder shall continue to be provided until the expiration of such term and such compensation and benefits shall terminate contemporaneously with termination of his employment.
Termination by Expiration. This Agreement shall terminate upon the expiration of the Term. Although the Agreement shall expire, Employee’s employment with Employer shall not automatically terminate upon expiration of the Term.
Termination by Expiration. Unless Tenant or Landlord terminate this Agreement earlier, this Agreement will expire and terminate on its own terms on the last day of the Lease Period.
Termination by Expiration. Upon the Expiration Date without renewal or extension, this Agreement shall terminate, and all duties of the Employer and Employee shall be discharged, with the exception of the covenants of Section 7, under which the Employee will continue to be bound. The Termination hereunder shall not terminate or otherwise affect the Employee's rights to amounts payable or accrued under the terms of any Fringe Benefit Programs reflected under Subparagraph 5.b. or payable or accrued under the terms of the Employee Benefit Plans reflected under Subparagraph 5.c., or to the reimbursement of accrued expenses under Paragraph 6, except as outlined in such plans or programs. Payments to the Employee upon a Termination by Expiration during the Protected Period will be governed by Subsection 8.f. below.
Termination by Expiration. If the transactions contemplated by this Agreement have not been consummated prior to July 31, 1998, any party hereto may elect to terminate this Agreement by giving written notice to the other party hereto; provided that this right to terminate shall not be available to any party hereto whose failure to perform an obligation under the Agreement has been the cause of, or has resulted in, the failure of the transactions contemplated herein to be consummated by July 31, 1998.
Termination by Expiration. Upon expiration of the term of this Agreement, the licenses granted to Ascent and to Recordati shall become non-exclusive fully paid-up licenses.
Termination by Expiration. Unless sooner terminated in accordance with §7.02 or §7.04, this Agreement expires the date specified in Article 1 above unless extended by mutual agreement of the parties or under §5.01.c above.
Termination by Expiration. This Agreement will terminate upon expiration of the Term on June 30, 2022, or on the date of any extension of the Term.
