Termination Defined. This Agreement shall automatically terminate upon the occurrence of any of the following events:
Termination Defined. For purposes of this Agreement, “termination” shall mean termination by expiration of the Agreement term as stated in Article II, or earlier termination pursuant to any of the provisions hereof.
Termination Defined. Termination shall mean removal from office or a request that the City Manager resign. Termination shall not mean a percentage reduction of salary or a reduction of benefits generally applicable to all other management employees.
Termination Defined. Termination occurs when the Lessee no longer has the right or CP’s permission to use or occupy the Leased Premises. Termination shall not be construed to release the Lessee from any obligations or liabilities that exist or may arise as the result of the Lessee’s use or occupancy of the Leased Premises or that impact CP in any other manner. Termination shall not relieve Lessee from payment of rent, taxes or other fees that are chargeable to Lessee hereunder if:
Termination Defined. The Corporation reserves the right to terminate this Agreement for any reason. This Agreement shall automatically terminate upon the occurrence of any of the following events:
Termination Defined. Termination," as that term is employed herein, ------------------- shall additionally mean: A significant reduction in the nature, status or scope of the Executive's duties, responsibilities or authorities without the effective consent of the Executive.
Termination Defined. The term "termination" shall mean termination by the Company of the employment of Employee with the Company for any reason other than cause (as defined below), or resignation of Employee upon the occurrence of a "change in control" (as defined below). The term "cause" means gross misconduct or willful and material breach of this Agreement by Employee. For purposes of this Agreement, each of the following specified events shall be deemed a "change of control": (i) any third person, including a "group" as defined in Sections 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended, becomes the beneficial owner of shares of the Company or of proxies or other rights pertaining to the Company which carry 25 percent or more of the total number of votes for the election of the Board of Directors of the Company or with respect to a merger, consolidation or sale; (ii) as result of, or in connection with, any cash tender offer, merger, or other business combination of the foregoing, the persons who were directors of the Company immediately prior to such event cease to constitute a majority of the Board of Directors of the Company; (iii) the approval of an agreement providing either for a transaction or series of transactions by which the Company will cease to be an independent publicly-owned company or for a sale, lease or other disposition of all or substantially all of the assets of the Company; or (iv) following any public offering of securities of the Company during any period of 24 consecutive months as a result of which the persons who were members of the Company's Board of Directors at the commencement of the period cease for any reason to constitute a majority of the Company's Board of Directors.
Termination Defined. For purposes of the adjustments set forth in this Section 2.07, a termination of the Peanuts Agreement or the MOA Agreement followed by the execution of an agreement providing for substantially similar rights or services shall not constitute a termination for purposes of triggering an adjustment to the Purchase Price. (d)
Termination Defined. For the purpose of this Agreement only, termination shall occur when a super majority of the governing body votes to terminate the Employee at a duly authorized public meeting.
Termination Defined. Notwithstanding anything to the contrary in this Agreement, any reference to “termination” of the Executive’s employment for any reason shall refer to a termination of employment which constitutes a “separation from service” within the meaning of Section 409A of the Code.
