TERMINATION OF AGREEMENT AND/OR EMPLOYMENT Sample Clauses

TERMINATION OF AGREEMENT AND/OR EMPLOYMENT. 1. This Agreement may be terminated at any time by the mutual written agreement of the parties.
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TERMINATION OF AGREEMENT AND/OR EMPLOYMENT i. This Agreement may be terminated at any time by the mutual written agreement of the parties. ii. UHS may terminate Employee's employment or terminate this Agreement for Cause (as defined below) by giving written notice of termination which is received by Employee at least 30 days before the effective date of termination of employment or of this Agreement, as the case may be. UHS will specify the reasons for the termination and provide Employee with the reasonable opportunity to respond to the reasons stated. If Employee has not adequately resolved the issue that gave rise to the termination, the termination will become effective on the date specified by UHS. iii. Employee may terminate his/her employment by giving written notice of termination of employment which is received by UHS at least 30 days before the effective date of termination of employment. iv. This Agreement shall automatically terminate on the effective date of the termination of Employee's employment or on the date of Employee's death, retirement or permanent and total disability which renders Employee incapable of performing Employee's duties; provided, however, notwithstanding such termination, (i) in the event of Employee's death, UHS shall continue to pay to Employee or his estate or representative the base salary scheduled to be made in accordance with Section 2A of this Agreement through September 30, 1999; (ii) in the event of Employee's permanent and total disability, UHS will continue to pay Employee the difference between his base salary and any disability payments that Employee receives through September 30, 1999; and (iii) in the event of Employee's death or permanent and total disability, UHS will vest all of Employee's stock options, will provide the health coverage to the extent applicable to Employee's family members and pursuant to the terms of the post career coverage program included in the attached second release, and will allow Employee's estate, personal representative or heirs to have the extended stock option exercise date (September 30, 2002) included in the attached second release. UHS has the sole right, in its reasonable discretion, to determine whether Employee is permanently or totally disabled within the meaning of this Section 3B4. 4.
TERMINATION OF AGREEMENT AND/OR EMPLOYMENT. 1. This Agreement may be terminated at any time by the mutual written agreement of the parties. 2. UHS may terminate Executive's employment or terminate this Agreement by giving written notice of termination which is received by Executive at least 30 days before the effective date of termination of employment or of this Agreement, as the case may be. 3. Executive may terminate his employment by giving written notice of termination of employment which is received by UHS at least 30 days before the effective date of termination of employment. 4. This Agreement shall automatically terminate on the effective date of the termination of Executive's employment or on the date of Executive's death, retirement or permanent and total

Related to TERMINATION OF AGREEMENT AND/OR EMPLOYMENT

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Effect of Termination of Employment The provisions of this Section 6 shall apply in the event of termination of Executive’s employment, pursuant to Section 5, or otherwise.

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

  • 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.

  • Termination of Employment Relationship 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination.

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date.

  • COMMENCEMENT AND TERMINATION OF AGREEMENT 18 4.1 Term 18 4.2 Effect of Termination on Obligations; Survival 19 4.3 Mutual Termination 19 4.4 Early Termination 19

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