Termination of Association. (a) If Optionee's association with the Company or its direct or indirect subsidiaries terminates for any reason other than by reason of death or disability or "for cause" as defined in Paragraph 14 (b) below, all currently exercisable installments of this Option shall remain exercisable for a period of thirty (30) days unless otherwise provided in an agreement with the Company from the date of termination and, to the extent not exercised, shall terminate. All other non-vested installments of this Option shall immediately and automatically terminate.
Termination of Association. If the Solicitor ceases to be with Advisor for any reason, the obligation of Advisor to pay to Solicitor a portion of the fees received from Clients referred by Solicitor ceases immediately.
Termination of Association. (a) If the Participant does not remain associated with the Company through the Vesting Date set forth in Section 3, all shares of Restricted Stock not vested as of the date the Participant is no longer associated with the Company will be forfeited (the “Forfeited Shares”), the Participant shall not have any rights to any of the Forfeited Shares and any stock certificates then held by the Participant representing the Forfeited Shares shall be cancelled and voided.
Termination of Association. Upon termination of association of the Optionee with the Company, the Option, to the extent the Option is then exercisable as of said termination date based upon the vesting schedule set forth in Section 3 hereof, but not theretofore exercised, shall terminate and become null and void thirty (30) days after the date of such termination ("Association Termination Date"); except that if the Optionee shall die, or become totally and permanently disabled (as described in Section 22(e)(3) of the Code), while associated with the Company, in case of death the legal representative of the Optionee (or such person who acquired such Option by reason of the death of the Optionee), or in the case of total and permanent disability the Optionee, may, not later than six (6) months from the date of death or total and permanent disability, exercise the Option in respect of any or all of the Common Stock subject to the Option. In no event, however, shall any person be entitled to exercise the Option (i) after the expiration of the period of exercisability of the Option as specified herein, or (ii) with respect to any portion of the Option which is only exercisable after Optionee's date of termination, based upon the vesting schedule set forth in Section 3 hereof. For purposes of determining the rights of the Optionee under the vesting schedule set forth in Section 3 hereof, the vesting rights shall be calculated to the Association Termination Date.
Termination of Association. It is anticipated that the individual Members of Company will be associated with the WFOE as either an employee, officer, director or other capacity. Upon the termination of such association with the WFOE, Company shall have the option (but not the obligation) to purchase, and such disassociated individual Member shall sell, all of such Member’s Units in accordance with paragraphs (b) and (d) of this Section 6.5. In order to exercise such option, Company must give notice of such exercise to the disassociated Member within sixty (60) days after the date such association was terminated.
Termination of Association with the club. If the player wishes to terminate their association with the team or club, it is the Parent/Guardian’s resposnibility to ensure that all items allocated to their child is returned within 14 days of confirming they are leaving the team/club. Parent agrees that if they do not return the kit/equipment within the kits and Equipment then will be charged the cost of replacing these items. Written Reciept of kit returns will be provided.
Termination of Association. The Association shall exist in perpetuity. If the Association is dissolved, the assets, including the Surface Water Management System Facilities, shall be transferred to a governmental or non-profit entity in compliance with the rules of the Southwest Florida Water Management District. If the Association ceases to exist and such transfer is not made, all of the Owners shall be jointly and severally responsible for operation and maintenance of the Surface Water Management System Facilities in accordance with the requirements of the Environmental Resource Permit, unless and until an alternate entity assumes responsibility.
