{"component": "clause", "props": {"groups": [{"snippet": "CAUSE\". This Agreement may be terminated by the Company at any time during the Employment Term for \"Cause\", in which event Employee shall have no further rights under this Agreement (but the Company's rights shall survive as herein otherwise provided including, without limitation, under Sections 4, 5 and 6 hereof). For purposes of the preceding sentence, \"Cause\" shall mean: (i) any breach or threatened breach by Employee of any of his agreements contained in Section 4, 5 or 6 hereof; (ii) repeated or willful neglect by Employee in performing any duty or carrying out any responsibility assigned or delegated to him pursuant to Section 1(b) hereof, which neglect shall not have permanently ceased within ten (10) business days after written notice to Employee thereof; or (iii) the commission by Employee of any criminal act involving moral turpitude or a felony which results in an arrest or indictment, or the commission by Employee, based on reasonable proof, of any act of fraud or embezzlement involving the Company or its customers or suppliers. In the event that the Company elects to terminate this Agreement for Cause, it will give Employee written notice of such termination, and, at the Company's discretion, Employee's employment will terminate sixty (60) days thereafter.", "size": 9, "samples": [{"hash": "hZqCzYFVKMh", "uri": "/contracts/hZqCzYFVKMh#termination-for", "label": "Employment Agreement (Cal Dive International Inc)", "score": 18.0, "published": true}, {"hash": "h7y04yqD864", "uri": "/contracts/h7y04yqD864#termination-for", "label": "Employment Agreement (Cal Dive International Inc)", "score": 18.0, "published": true}, {"hash": "f9T6kgB0tuj", "uri": "/contracts/f9T6kgB0tuj#termination-for", "label": "Employment Agreement (Cal Dive International Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "agreement-may-be-terminated", "type": "clause", "offset": [13, 40]}, {"key": "by-the-company", "type": "clause", "offset": [41, 55]}, {"key": "at-any-time", "type": "clause", "offset": [56, 67]}, {"key": "during-the-employment-term", "type": "clause", "offset": [68, 94]}, {"key": "event-employee", "type": "definition", "offset": [117, 131]}, {"key": "rights-under-this-agreement", "type": "clause", "offset": [154, 181]}, {"key": "without-limitation", "type": "clause", "offset": [262, 280]}, {"key": "sections-4", "type": "clause", "offset": [288, 298]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [317, 336]}, {"key": "breach-by-employee", "type": "clause", "offset": [406, 424]}, {"key": "in-section-4", "type": "clause", "offset": [460, 472]}, {"key": "willful-neglect", "type": "definition", "offset": [506, 521]}, {"key": "pursuant-to-section", "type": "definition", "offset": [621, 640]}, {"key": "days-after", "type": "definition", "offset": [727, 737]}, {"key": "written-notice-to-employee", "type": "clause", "offset": [738, 764]}, {"key": "the-commission", "type": "clause", "offset": [783, 797]}, {"key": "act-involving-moral-turpitude", "type": "definition", "offset": [826, 855]}, {"key": "arrest-or-indictment", "type": "clause", "offset": [888, 908]}, {"key": "based-on", "type": "definition", "offset": [941, 949]}, {"key": "reasonable-proof", "type": "definition", "offset": [950, 966]}, {"key": "in-the-event", "type": "clause", "offset": [1057, 1069]}, {"key": "agreement-for-cause", "type": "clause", "offset": [1112, 1131]}, {"key": "notice-of", "type": "definition", "offset": [1163, 1172]}], "hash": "2389aff4698569cece02f72b5330f00e", "id": 2}, {"snippet": "Cause\" shall refer to the Company's termination of the Executive's service with the Company at any time because the Executive has: (A) refused or failed to devote his full normal working time, skills, knowledge, and abilities to the business of the Company, its subsidiaries and affiliates, and in promotion of their respective interests pursuant to Section 1 hereof; or (B) engaged in (1) activities involving his personal profit as a result of his dishonesty, incompetence, willful misconduct, willful violation of any law, rule or regulation or breach of fiduciary duty, or (2) dishonest activities involving the Executive's relations with the Company, its subsidiaries and affiliates or any of their respective employees, customers or suppliers; or (C) committed larceny, embezzlement, conversion or any other act involving the misappropriation of Company or customer funds in the course of his employment; or (D) been convicted of any crime which reasonably could affect in an adverse manner the reputation of the Company or the Executive's ability to perform the duties required hereunder; or (E) committed an act involving gross negligence on the part of the Executive in the conduct of his duties hereunder; or (F) evidenced a drug addiction or dependency; or (G) materially breached this Agreement; provided, however, that, in the case of any termination pursuant to clauses (A), (E), (F), or (G) above, the Company shall give the Executive thirty (30) business days' written notice thereof during which period the Employee, at the discretion of the Company, may be placed on administrative leave, the Company shall give the Executive an opportunity to cure within such thirty-day period, and a reasonable opportunity to be heard by the Compensation Committee of the Board to show just cause for his actions, and to have the Compensation Committee of the Board, in its discretion, reverse or rescind the prior action of the Company under the clause(s).", "size": 6, "samples": [{"hash": "91phLJKiJ4q", "uri": "/contracts/91phLJKiJ4q#termination-for", "label": "Employment Agreement (Independent Bank Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "to-the-company", "type": "clause", "offset": [19, 33]}, {"key": "termination-of-the-executive", "type": "definition", "offset": [36, 64]}, {"key": "service-with-the-company", "type": "clause", "offset": [67, 91]}, {"key": "at-any-time", "type": "clause", "offset": [92, 103]}, {"key": "normal-working-time", "type": "clause", "offset": [172, 191]}, {"key": "the-business-of-the-company", "type": "clause", "offset": [229, 256]}, {"key": "subsidiaries-and-affiliates", "type": "definition", "offset": [262, 289]}, {"key": "respective-interests", "type": "clause", "offset": [317, 337]}, {"key": "pursuant-to-section-1", "type": "clause", "offset": [338, 359]}, {"key": "engaged-in", "type": "definition", "offset": [375, 385]}, {"key": "willful-misconduct", "type": "definition", "offset": [476, 494]}, {"key": "willful-violation", "type": "definition", "offset": [496, 513]}, {"key": "rule-or-regulation", "type": "definition", "offset": [526, 544]}, {"key": "breach-of-fiduciary-duty", "type": "clause", "offset": [548, 572]}, {"key": "relations-with-the-company", "type": "clause", "offset": [628, 654]}, {"key": "in-the-course-of", "type": "definition", "offset": [878, 894]}, {"key": "convicted-of", "type": "definition", "offset": [923, 935]}, {"key": "ability-to-perform", "type": "clause", "offset": [1046, 1064]}, {"key": "an-act", "type": "definition", "offset": [1113, 1119]}, {"key": "gross-negligence", "type": "definition", "offset": [1130, 1146]}, {"key": "conduct-of", "type": "clause", "offset": [1183, 1193]}, {"key": "drug-addiction", "type": "definition", "offset": [1235, 1249]}, {"key": "materially-breached", "type": "definition", "offset": [1272, 1291]}, {"key": "this-agreement", "type": "clause", "offset": [1292, 1306]}, {"key": "in-the-case", "type": "clause", "offset": [1333, 1344]}, {"key": "pursuant-to-clauses", "type": "clause", "offset": [1364, 1383]}, {"key": "the-company-shall", "type": "clause", "offset": [1413, 1430]}, {"key": "business-days", "type": "clause", "offset": [1462, 1475]}, {"key": "notice-thereof", "type": "clause", "offset": [1485, 1499]}, {"key": "the-employee", "type": "clause", "offset": [1520, 1532]}, {"key": "discretion-of-the-company", "type": "clause", "offset": [1541, 1566]}, {"key": "administrative-leave", "type": "definition", "offset": [1585, 1605]}, {"key": "opportunity-to-cure", "type": "clause", "offset": [1647, 1666]}, {"key": "day-period", "type": "definition", "offset": [1686, 1696]}, {"key": "opportunity-to-be-heard", "type": "clause", "offset": [1715, 1738]}, {"key": "compensation-committee-of-the-board", "type": "clause", "offset": [1746, 1781]}, {"key": "just-cause", "type": "definition", "offset": [1790, 1800]}, {"key": "in-its-discretion", "type": "clause", "offset": [1871, 1888]}, {"key": "action-of-the-company", "type": "clause", "offset": [1919, 1940]}], "hash": "6fdacbad4ee1f42905281c6a988d1868", "id": 5}, {"snippet": "Cause\" is defined as a termination of the Employee based upon: (i) theft of the Company's assets; (ii) falsification of any employment applications; (ii) conviction of a felony or conviction of a crime involving fraud or dishonesty; (iii) improper and willful disclosure of the Company's confidential or proprietary information that could materially harm the Company; or (iv) gross incompetence.", "size": 4, "samples": [{"hash": "6RKbq49NHzu", "uri": "/contracts/6RKbq49NHzu#termination-for", "label": "Employment Agreement (Spicy Pickle Franchising LLC)", "score": 19.0, "published": true}, {"hash": "1p3McE53HL4", "uri": "/contracts/1p3McE53HL4#termination-for", "label": "Employment Agreement (Spicy Pickle Franchising LLC)", "score": 19.0, "published": true}], "snippet_links": [{"key": "termination-of-the-employee", "type": "clause", "offset": [23, 50]}, {"key": "of-the-company", "type": "clause", "offset": [73, 87]}, {"key": "falsification-of", "type": "clause", "offset": [103, 119]}, {"key": "employment-applications", "type": "clause", "offset": [124, 147]}, {"key": "conviction-of-a-felony", "type": "clause", "offset": [154, 176]}, {"key": "conviction-of-a-crime", "type": "clause", "offset": [180, 201]}, {"key": "fraud-or-dishonesty", "type": "clause", "offset": [212, 231]}, {"key": "disclosure-of", "type": "clause", "offset": [260, 273]}, {"key": "confidential-or-proprietary-information", "type": "clause", "offset": [288, 327]}, {"key": "gross-incompetence", "type": "definition", "offset": [376, 394]}], "hash": "d337e5a980b672852d3af4a1346fd3b1", "id": 10}, {"snippet": "Cause If your Service is terminated for Cause, then you shall immediately forfeit all rights to your Restricted Stock Units, and this award shall immediately terminate. Leaves of Absence For purposes of this grant, your Service does not terminate when you go on a bona fide leave of absence approved by the Company, if the terms of your leave provide for continued Service crediting, or when continued Service crediting is required by Applicable Law. The Company will determine, in its sole discretion, whether and when a leave of absence constitutes a termination of Service under the Plan. Retention Rights Neither your Restricted Stock Units nor this Agreement give you the right to be retained by the Company, the Employer, or any Affiliate in any capacity, and your Service may be terminated at any time and for any reason. Shareholder Rights You have no rights as a shareholder unless and until the shares of Stock relating to the Restricted Stock Units have been issued to you (or an appropriate book entry has been made). Except as described in the Plan or herein, no adjustments are made for dividends or other rights if the applicable record date occurs before your shares of Stock are issued (or an appropriate book entry has been made). If the Company pays a dividend on its shares of Stock, you will, however, be entitled to receive a cash payment equal to the per-share dividend paid on the shares of Stock times the number of Restricted Stock Units that you hold as of the record date for the dividend; provided, however, such Dividend Equivalents Rights shall not vest or become payable unless and until the Restricted Stock Units to which the Dividend Equivalent Rights correspond become vested and nonforfeitable pursuant to this Agreement or the Plan.", "size": 9, "samples": [{"hash": "dLcfK2ry8Sa", "uri": "/contracts/dLcfK2ry8Sa#termination-for", "label": "Restricted Stock Unit Agreement (Ciena Corp)", "score": 27.9691982269, "published": true}, {"hash": "4lJgAg9sGqp", "uri": "/contracts/4lJgAg9sGqp#termination-for", "label": "Restricted Stock Unit Agreement (Ciena Corp)", "score": 26.2388782501, "published": true}], "snippet_links": [{"key": "your-service", "type": "clause", "offset": [9, 21]}, {"key": "terminated-for-cause", "type": "clause", "offset": [25, 45]}, {"key": "all-rights", "type": "clause", "offset": [82, 92]}, {"key": "your-restricted-stock", "type": "clause", "offset": [96, 117]}, {"key": "leaves-of-absence", "type": "definition", "offset": [169, 186]}, {"key": "this-grant", "type": "clause", "offset": [203, 213]}, {"key": "leave-of-absence", "type": "definition", "offset": [274, 290]}, {"key": "by-the-company", "type": "clause", "offset": [300, 314]}, {"key": "terms-of", "type": "definition", "offset": [323, 331]}, {"key": "provide-for", "type": "definition", "offset": [343, 354]}, {"key": "service-crediting", "type": "clause", "offset": [365, 382]}, {"key": "required-by", "type": "definition", "offset": [423, 434]}, {"key": "applicable-law", "type": "clause", "offset": [435, 449]}, {"key": "the-company-will", "type": "clause", "offset": [451, 467]}, {"key": "sole-discretion", "type": "clause", "offset": [486, 501]}, {"key": "termination-of-service", "type": "definition", "offset": [553, 575]}, {"key": "the-plan", "type": "clause", "offset": [582, 590]}, {"key": "retention-rights", "type": "definition", "offset": [592, 608]}, {"key": "right-to", "type": "definition", "offset": [677, 685]}, {"key": "the-employer", "type": "clause", "offset": [714, 726]}, {"key": "any-capacity", "type": "definition", "offset": [748, 760]}, {"key": "at-any-time", "type": "clause", "offset": [797, 808]}, {"key": "for-any-reason", "type": "clause", "offset": [813, 827]}, {"key": "shareholder-rights", "type": "clause", "offset": [829, 847]}, {"key": "no-rights-as-a-shareholder", "type": "clause", "offset": [857, 883]}, {"key": "shares-of-stock", "type": "definition", "offset": [905, 920]}, {"key": "relating-to", "type": "definition", "offset": [921, 932]}, {"key": "the-restricted-stock", "type": "clause", "offset": [933, 953]}, {"key": "issued-to", "type": "definition", "offset": [970, 979]}, {"key": "an-appropriate", "type": "clause", "offset": [988, 1002]}, {"key": "book-entry", "type": "definition", "offset": [1003, 1013]}, {"key": "no-adjustments", "type": "clause", "offset": [1073, 1087]}, {"key": "other-rights", "type": "clause", "offset": [1114, 1126]}, {"key": "applicable-record-date", "type": "definition", "offset": [1134, 1156]}, {"key": "your-shares", "type": "clause", "offset": [1171, 1182]}, {"key": "to-receive", "type": "definition", "offset": [1335, 1345]}, {"key": "cash-payment", "type": "clause", "offset": [1348, 1360]}, {"key": "equal-to", "type": "definition", "offset": [1361, 1369]}, {"key": "share-dividend", "type": "definition", "offset": [1378, 1392]}, {"key": "number-of-restricted-stock-units", "type": "definition", "offset": [1431, 1463]}, {"key": "the-record", "type": "clause", "offset": [1484, 1494]}, {"key": "the-dividend", "type": "clause", "offset": [1504, 1516]}, {"key": "dividend-equivalents", "type": "clause", "offset": [1542, 1562]}, {"key": "dividend-equivalent-rights", "type": "definition", "offset": [1660, 1686]}, {"key": "agreement-or", "type": "definition", "offset": [1748, 1760]}], "hash": "5cebcbefc1cf7a63e3d7f4a141bf8efc", "id": 3}, {"snippet": "CAUSE\". In the event of termination of employment during the employment term for Cause, Employee shall be entitled to receive his salary then in effect and benefits due or to become due to him up to the date of termination of employment, and, in the case of benefits, as may be mandated by law following termination of employment, but Employee shall not be entitled to any other or further salary or other compensation, bonuses (whether or not pro rated) or other benefits.", "size": 4, "samples": [{"hash": "joVmxCz9a8Y", "uri": "/contracts/joVmxCz9a8Y#termination-for", "label": "Employment Agreement (Tweeter Home Entertainment Group Inc)", "score": 18.0, "published": true}, {"hash": "8tv8Rh2hEPz", "uri": "/contracts/8tv8Rh2hEPz#termination-for", "label": "Employment Agreement (Tweeter Home Entertainment Group Inc)", "score": 18.0, "published": true}, {"hash": "4qltYPdWLWi", "uri": "/contracts/4qltYPdWLWi#termination-for", "label": "Employment Agreement (Tweeter Home Entertainment Group Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "in-the-event-of-termination", "type": "clause", "offset": [8, 35]}, {"key": "during-the-employment-term", "type": "clause", "offset": [50, 76]}, {"key": "for-cause", "type": "clause", "offset": [77, 86]}, {"key": "to-receive", "type": "definition", "offset": [115, 125]}, {"key": "in-effect", "type": "clause", "offset": [142, 151]}, {"key": "and-benefits", "type": "clause", "offset": [152, 164]}, {"key": "date-of-termination-of-employment", "type": "definition", "offset": [203, 236]}, {"key": "in-the-case", "type": "clause", "offset": [243, 254]}, {"key": "following-termination-of-employment", "type": "clause", "offset": [294, 329]}, {"key": "other-compensation", "type": "definition", "offset": [400, 418]}, {"key": "other-benefits", "type": "definition", "offset": [458, 472]}], "hash": "3f247d193711286d7bff6682f5c07cad", "id": 9}, {"snippet": "Cause If your Service is terminated for Cause, then you shall immediately forfeit all your rights to the RSUs granted under this Award Agreement. Leaves of Absence For purposes of this Award Agreement, your Service will not be treated as terminated when you go on an employee leave of absence that is approved by Sun in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, your Service will be treated as terminated 90 days after the first day of your employee leave, unless your right to return to Service is guaranteed by law or by contract. For purposes of this Option, your Service will be treated as terminated when your approved leave ends, unless you immediately return to Service. Sun shall determine, in its sole discretion, which leaves count for this purpose, and when your Service terminates for all purposes under the Plan. Withholding Taxes Regardless of any action Sun and/or your employer (the \u201cEmployer\u201d) take with respect to any income tax, social insurance, payroll tax, payment on account or other tax-related withholding with respect to this Award Agreement (\u201cTax-Related Items\u201d), you acknowledge that the ultimate liability for all Tax-Related Items is your responsibility and that Sun and/or the Employer: \u2022 are not making any representations and are not committing to take any actions regarding any Tax-Related Items, including, but not limited to, the grant of the RSUs, the vesting of the RSUs, the delivery of shares of Stock upon vesting of the RSUs, the subsequent sale of shares of Stock acquired upon vesting of the RSUs, and the receipt of any dividends; and \u2022 do not commit to structure the terms of the grant or any aspect of the RSUs to reduce or eliminate your liability for Tax-Related Items. Before any Tax-Related Items become due, you will pay or make adequate arrangements satisfactory to Sun and/or the Employer to satisfy those Tax-Related Items. If permissible under local law, you authorize Sun and/or the Employer to withhold all applicable Tax-Related Items legally payable by you by one or a combination of the following: \u2022 withholding from your wages or other cash compensation paid to you by Sun and/or the Employer; \u2022 withholding proceeds from the sale of shares of Stock acquired upon vesting of the RSUs; \u2022 arranging for the sale of shares of Stock acquired upon vesting of the RSUs; and/or \u2022 withholding shares of Stock otherwise deliverable to you, provided that Sun only withholds the number of shares of Stock necessary to satisfy the minimum withholding amount or such other amount as determined by Sun not to result in negative accounting consequences, rounding up to the nearest whole share of Stock. If the obligation for Tax-Related Items is satisfied by withholding a number of shares of Stock as described herein, you will be deemed to have been issued the full number of shares of Stock to which you are entitled pursuant to the vesting of the RSUs even though a portion of those shares of Stock will be withheld for the purpose of satisfying the Tax-Related Items. Further, if you have relocated to a different jurisdiction between the date of grant and the date of any taxable event, you acknowledge that Sun and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. Finally, you will pay to Sun or the Employer any amount of Tax-Related Items that Sun or the Employer may be required to withhold or account for as a result of your participation in the Plan or any aspect of the RSUs that cannot be satisfied by any of the means described in the preceding paragraph. Sun may refuse to deliver shares of Stock to you if you fail to meet your obligations for the Tax-Related Items, as described in this section. Nature of Grant In accepting the RSUs, you acknowledge that: \u2022 the Plan was established voluntarily by Sun, it is discretionary in nature and it may be modified, amended, suspended or terminated by Sun at any time, unless otherwise provided in the Plan and this Award Agreement; \u2022 the grant of the RSUs is voluntary and occasional and does not create any contractual or other right to receive future RSUs, or benefits in lieu of RSUs even if RSUs have been granted repeatedly in the past; \u2022 all decisions with respect to future grants of RSUs, if any, will be at the sole discretion of Sun; \u2022 your participation in the Plan is voluntary; \u2022 the RSUs and any shares of Stock acquired under the Plan are extraordinary items that do not constitute compensation of any kind for Service of any kind rendered to Sun or the Employer, and that are outside the scope of your employment contract, if any; \u2022 the RSUs and any shares of Stock acquired under the Plan are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or welfare or retirement benefits or similar payments and in no event should be considered as compensation for, or relating in any way to, past services for Sun or the Employer; \u2022 the RSUs will not be interpreted to form an employment contract or relationship with Sun, the Employer or any Affiliate or Subsidiary; \u2022 the future value of the underlying shares of Stock is unknown and cannot be predicted with certainty; \u2022 in consideration of the grant of the RSUs, no claim for compensation or damages may be made as a result of the termination of the RSUs or from a reduction in value of the RSUs or shares of Stock acquired upon vesting of the RSUs as a result of your termination of Service (for any reason whatsoever and whether or not in breach of local labor laws) and you irrevocably release Sun and the Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by accepting this Award Agreement, you have irrevocably waived your entitlement to pursue such a claim; \u2022 Sun is not providing any tax, legal or financial advice, nor is Sun making any recommendations regarding your participation in the Plan; and \u2022 you should consult with personal tax, legal and financial advisors regarding participation in the Plan before taking any action related to the Plan. Stockholder Rights You do not have any of the rights of a stockholder with respect to the RSUs unless and until the shares of Stock relating to the RSUs have been delivered to you (or an appropriate book entry has been made). In the event of a cash dividend on outstanding Stock, you will be entitled to receive a cash payment for each of your RSUs. Sun may, in its sole discretion, require that dividends will be reinvested in additional RSUs at Fair Market Value on the dividend payment date, subject to vesting and delivered at the same time as the related RSUs. Forfeiture of Rights To the extent permitted by applicable law, you agree that while you are a Service Provider and for a period of twelve months immediately following your termination of Service, you shall not, directly or indirectly, solicit, induce, recruit or encourage any employees of Sun to leave their employment, either for yourself or any other person or entity. If you should take any of the actions described in the preceding sentence, Sun shall have the right to cause a forfeiture of your rights, including, but not limited to, the right to cause: \u2022 a forfeiture of the RSUs subject to this Award Agreement; and \u2022 with respect to the period commencing twelve months prior to and ending twelve months following your termination of Service: \u2022 a forfeiture of any shares of Stock acquired by you upon the vesting of the RSUs; and \u2022 a forfeiture of any gain recognized by you upon the sale of shares of Stock acquired by you upon the vesting of the RSUs. Adjustments In the event of a recapitalization, a stock split, a stock dividend or a similar change in Sun stock, including any change described in the Plan, the number of RSUs covered by this grant will be adjusted in accordance with the terms of the Plan. The RSUs will be subject to the terms of the agreement of merger, liquidation or reorganization in the event Sun is subject to such corporate activity. Applicable Law and Venue This Award Agreement will be interpreted and enforced under the laws of the State of Delaware, United States of America, without giving effect to the conflict of laws principles of that State. Any suit, action or other legal proceeding that is commenced to resolve any matter arising under or relating to this Award Agreement or the Plan shall be commenced only in a court in the State of Delaware and the parties to this Award Agreement consent to the exclusive jurisdiction of such court. 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Any party to this Escrow Agreement shall have the right to make the payment to DSI to cure the default. If the past due payment is not received in full by DSI within one month of the date of such notice, then DSI shall have the right to terminate this Escrow Agreement at any time thereafter by sending written notice of termination to all parties. Upon termination for nonpayment, DSI may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. 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Typically, this clause outlines specific events or breaches\u2014such as failure to perform obligations, insolvency, or mutual agreement\u2014that trigger the right to terminate. By clearly stating the grounds and procedures for early termination, this clause provides a structured exit mechanism, helping to manage risk and prevent disputes if the contractual relationship needs to be concluded prematurely."}, "json": true, "cursor": ""}}