Termination of Consultancy Clause Samples

Termination of Consultancy. (a) At any time during the Term, (i) the Company may terminate the Consultancy With Cause (as hereinafter defined) by written notice to Landmark and the Consultant; (ii) the Company may terminate the Consultancy Without Cause (as hereinafter defined) by written notice to Landmark and the Consultant; (iii) the Consultant may terminate the Consultancy for Good Reason (as hereinafter defined) upon 30 days’ prior written notice to the Company, which notice shall set forth in detail the matters involved, but only if the Company subsequently fails to cure the basis upon which such termination for Good Reason is based during such 30-day period; and (iv) the Consultant may terminate the Consultancy for any reason or for no reason (other than for Good Reason) upon 60 days’ prior written notice to the Company. (b) Subject to Section 5, if, during the Term, the Consultant terminates the Consultancy for any reason other than for Good Reason, or the Company terminates the Consultancy hereunder With Cause, all obligations of the Company to provide compensation and benefits under this Agreement shall cease upon the last day of the Consultancy (except for the payment of those benefits accrued or those reimbursable expenses properly incurred in accordance with subsection (d) of Section 3 by the Consultant prior to the date of such termination), and Landmark and the Consultant shall have no claim against the Company for damages or otherwise by reason of such termination. The Company’s election to terminate the Consultancy With Cause shall be without prejudice to any remedy the Company may have against Landmark or the Consultant for the breach or nonperformance of any of the provisions of this Agreement. (c) If, during the Term, the Company terminates the Consultancy hereunder Without Cause or the Consultant terminates the Consultancy for Good Reason, then Landmark will be entitled to receive the Monthly Payments for one year, paid in equal monthly installments for 12 months following the effective date of the termination of the Consultancy. Notwithstanding the foregoing, all post-consultancy compensation shall cease to accrue, and Landmark and the Consultant shall have no further entitlement to the same, from and after the date the Consultant breaches any of the post-consultancy covenants set forth in Sections 8 through 12 of this Agreement (if applicable).

Termination of Consultancy. Either the Company or Consultant may terminate the Consulting Period and Consultant’s Services hereunder at any time, for any reason, upon written notice to the other party, subject to the following requirements upon termination.

Termination of Consultancy. Either the Company or Consultant may terminate the Consulting Period and Consultant’s Services hereunder at any time, for any reason, upon written notice to the other party, provided that Consultant must provide at least 30 days’ prior written notice to the Company prior to any such termination for convenience. Upon a termination of the Consulting Period and the Consultant’s Services, (i) the Company shall pay to Consultant any portion of the Consulting Fee that has been earned but unpaid through the termination date and (ii) any portion of Pre-Consulting Equity Awards that remain unvested as of the termination date shall automatically terminate and be forfeited as of such date. In addition, if the Consulting Period and the Consultant’s Services hereunder are terminated, Consultant immediately shall forfeit all Consulting Fees payable with respect to periods of service following the termination date.

Termination of Consultancy. Termination of Consultancy" shall mean, as to a Consultant, the time when the consultancy relationship between the Consultant and the Company, a Parent Corporation or a Subsidiary is terminated for any reason, with or without cause, including, but not by way of limitation, a termination by expiration or non-renewal of contractual agreement, resignation, discharge, death or retirement. The Committee, in its absolute discretion, shall determine the effect of all other matters and questions relating to Termination of Consultancy.

Termination of Consultancy. The Company shall have the right to terminate this Agreement at any time during the term of this Agreement for any reason. Upon such termination, the Company shall have no further liability for compensation or other benefits to the Consultant under this Agreement except for such amounts that have been earned prior to the date of termination and remain unpaid as of such date.

Termination of Consultancy. Either party may terminate the Consultancy for convenience, for any or no reason, at any time upon ninety (90) days prior written notice to the other party. Either party may terminate the Consultancy for cause upon written notice to the other party, if the other party does not cure the breach within thirty (30) days following receipt of written notice thereof from the non-breaching party. Such right to terminate for cause shall be in addition to any other remedies available to the terminating party at law or in equity.

Termination of Consultancy. In the event Consultant’s consultancy with the Company terminates for any reason, Consultant will be entitled to any (a) unpaid Base Salary accrued up to the effective date of termination, (b) pay for accrued but unused vacation that the Company is legally obligated to pay Consultant, (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Consultant, (d) unreimbursed business expenses required to be reimbursed to Consultant, and (e) rights to indemnification Consultant may have under the Company’s Articles of Incorporation, Bylaws, the Consultancy Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause, Consultant will be entitled to the amounts and benefits specified in Section 8.

Termination of Consultancy. The Consultant's consultancy hereunder shall terminate prior to the scheduled end of the Term upon the first to occur of: (a) the death of the Consultant; or (b) the Consultant's illness, disability or incapacity ("Disability") that prevents the Consultant from performing his duties hereunder for sixty (60) consecutive days, or for any sixty (60) days within any one hundred and eighty (180) day period, and the provision of written notice of such termination to the Consultant; or (c) written notice by the Parent to the Consultant of termination of the Consultant's consultancy by the Parent for "Cause," which shall include, without limitation, (i) the failure of the Consultant to perform his duties hereunder after at least 30 days' written notice thereof specifying such failure and the Consultant's failure to remedy same within such 30-day period; (ii) any act of illegality, dishonesty, moral turpitude, or fraud in connection with the Consultant's consultancy; (iii) any course of action by the Consultant which is materially detrimental to the business of the Parent or any of its affiliates (including without limitation any violation of Sections 7, 8 or 9 of this Agreement); or (iv) the commission by the Consultant of any felony; or (d) written notice by the Parent to the Consultant of termination of the Consultant's consultancy without Cause; or (e) written notice by the Consultant to the Parent of termination of his consultancy. The date of termination of the Consultant's consultancy shall be the date written notice is given or such later date (within thirty (30) days following such notice) specified in the written notice.

Termination of Consultancy. This Agreement will terminate in the event of written notice of termination by Eco-Tek, effective immediately, if the Consultant has breached its obligations under this Agreement. In the event of termination, Consultant shall be entitled to all compensation provided for in the contract to the end of the contract and shall also be entitled to all payments mandated by statute, without duplication. Upon termination, Consultant shall, at Eco-Tek' option, destroy and certify that Consultant has destroyed all existing copies of all materials relating to the Services, including all Confidential Information, within Consultant's possession or under Consultant's control, or deliver up all such materials and Confidential Information to Eco-Tek and certify that Consultant has done so.