Termination for Poor Performance. (a)......The Company shall have the right, at any time prior to a Change in Control of the Company (but not thereafter), to terminate the employment of the Executive for Poor Performance by written Notice of Termination (as defined in Section 4.7 hereof). For the purpose of this Agreement, "
Termination for Poor Performance. Bargaining Unit Faculty in all ranks on fixed-term or continuing appointments may be terminated for poor performance. When notified in writing by February 1 of their first academic year of service, faculty will be terminated at the conclusion of that academic year. Following the first year, the university will provide written notice at least twelve months in advance of termination. Notice is not required; however, if the Member’s fixed term appointment expires before a termination for poor performance would have taken effect.
Termination for Poor Performance. Employer may terminate employee’s employment under this Agreement for “Poor Performance”. Poor Performance is a failure of the Employee to properly meet the duties and responsibilities of his position in a competent fashion, as determined by the Chief Executive Officer. Such termination for “Poor Performance” shall occur only after employee has been advised in writing of the failure to meet the duties and responsibilities, or guidelines/goals and given a reasonable period of time of at least 30 days to cure the Poor Performance. Following the termination for Poor Performance, the Employee shall be entitled to payment of his base salary through the last day of his employment. Employee shall be entitled to no other payments or benefits after a termination for Poor Performance. With the exception of the covenants set forth in Paragraph 1.3, 4.1 and 4.3, upon such termination the obligations of Employee and Company under this Agreement shall immediately cease.
Termination for Poor Performance. Upon an Involuntary Termination under Section 3.2(a) of the Plan, the Company shall make a lump sum cash severance payment to the Executive in an amount equal to nine (9) months of the Executive’s Base Salary in the Plan Year in which the Executive’s Separation from Service occurs.
Termination for Poor Performance. If the Board is dissatisfied with any aspect of the Chief Executive’s performance, the Board will discuss their concerns with the Chief Executive and in such case the Chief Executive will be given such period as the Board considers reasonable in the circumstances to rectify the inadequacies to the satisfaction of the Board. 11.4.1 If the Board reasonably concludes, after the period referred to in Clause 11.4, that the Chief Executive’s performance has not improved to the satisfaction of the Board, the Board may terminate this Agreement by giving three months’ written notice of termination or, at the Board’s discretion, three months’ pay in lieu of notice.
Termination for Poor Performance. Either Party may terminate this Agreement with immediate effect, within 20 Business Days from the date on which the Parties have both received a copy of the Independent Certifier’s report in relation to the Outcome Payment payable in respect of Calculation Date 4, if that report indicates that the Outcome Payments payable for all Calculation Dates up to and including Calculation Date 4 is $0.
Termination for Poor Performance. 10.1. Subject to Article 10.3, Teleglobe may terminate this Agreement after giving notice in writing to Stentor if:
Termination for Poor Performance. If during the Term Executive’s employment is terminated by the Holding Company and/or the Bank for Poor Performance, then (i) the Bank shall pay to Executive in a lump sum in cash within thirty (30) days after the Date of Termination, the exact payment date to be determined by the Bank, his Accrued Salary, and (ii) subject to Section 11 hereof, the Bank shall pay to Executive an amount equal to one (1) times the sum of (A) Executive’s then current Base Salary plus (B) the Annual Bonus paid to Executive for the fiscal year immediately preceding the year in which the Date of Termination occurs (the “1x Severance Amount”), payable in approximately equal monthly installments during the twelve (12) month period following the Date of Termination, commencing on the first payroll date to occur after the sixtieth (60th) day following the Date of Termination; provided that the first such payment shall consist of all amounts payable to Executive pursuant to this Section 5(c)(ii) between the Date of Termination and the first payroll date to occur after the sixtieth (60th) day following the Date of Termination. In addition, if during the Term Executive’s employment is terminated by the Holding Company and/or the Bank for Poor Performance, then the Restricted Period for purposes of Section 6 hereof shall mean “any time during Executive’s employment with the Holding Company and the Bank plus one (1) year from Executive’s Termination Date”. Notwithstanding the foregoing, the Bank shall be obligated to provide amount set forth in this Section 5(c)(ii) only if (A) within forty-five (45) days after the Date of Termination Executive shall have executed the Release Agreement and such Release Agreement shall not have been revoked within the revocation period specified in the Release Agreement, and (B) Executive fully complies with the obligations set forth in Section 6 hereof. For the avoidance of doubt, if Executive does not comply with the obligations set forth in Section 6 hereof, then payment of the amount set forth in this Section 5(c)(ii) shall cease immediately upon Executive’s breach thereof.