Common use of Termination of Consulting Period Clause in Contracts

Termination of Consulting Period. The Executive may terminate his provision of Consulting Services to the Company at any time upon thirty days’ written notice. The Company may terminate the Executive’s services during the Consulting Period in the event of fraud or other material dishonesty on the part of the Executive with respect to the Company or any of its Affiliates, or in the event that it determines that the Executive has materially breached any of his obligations under this Agreement. Any such termination by the Executive or the Company will terminate the Consulting Period, the Executive’s obligation to provide Consulting Services and the Company’s obligation to pay the Consulting Fees;

Appears in 1 contract

Samples: Separation, Option Amendment and Consultant Agreement (First Avenue Networks Inc)

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Termination of Consulting Period. The Executive Employee may terminate his provision of Consulting Services to the Company at any time upon thirty days’ written notice. The Company may terminate the Executive’s services during the Consulting Period in the event of fraud or other material dishonesty on the part of the Executive with respect to the Company or any of its Affiliates, or in the event that it determines that the Executive has materially breached any of his obligations under this Agreement. Any such termination by the Executive or the Company will terminate the Consulting Period, the Executive’s obligation at any time and for any reason, upon fifteen (15) days written notice to provide Consulting Services and the Company’s obligation to pay . Additionally, the Company may immediately terminate the Consulting Fees;Period at any time upon Employee’s material breach of this Agreement or the Proprietary Information and Inventions Assignment Agreement. Upon termination of the Consulting Period by either party, the Company will have no further obligations to Employee.

Appears in 1 contract

Samples: Separation Agreement (Neophotonics Corp)

Termination of Consulting Period. The Either the Bank or Executive may terminate his provision of the Consulting Services to the Company Period at any time upon thirty and for any reason (or no reason) by providing the other party with 10 days’ advance written noticenotice of such termination. The Company may terminate the Executive’s services during the Consulting Period in In the event of fraud or other material dishonesty on the part of the Executive with respect to the Company or any of its Affiliates, or in the event that it determines that the Executive has materially breached any of his obligations under this Agreement. Any such termination by the Executive or the Company will terminate the Consulting Periodtermination, the Executive’s obligation to provide Consulting Services and the Company’s obligation Bank shall be obligated to pay Executive any unpaid Consulting Fees for Services rendered through the Consulting Fees;date of termination, with such payment to be made no later than 30 days thereafter.

Appears in 1 contract

Samples: Competition Agreement (Pilgrim Bancshares, Inc.)

Termination of Consulting Period. The Executive may terminate his provision of Consulting Services to the Company at any time upon thirty days’ written notice. The Company may terminate the Executive’s services during the Consulting Period in the event of fraud or other material dishonesty on the part of the Executive with respect to the Company or any of its Affiliates, or in the event that it determines that the Executive has materially breached any of his obligations under this Agreement. Any such termination by the Executive Either you or the Company will may terminate the Consulting Period, at any time following the Executive’s obligation to provide Consulting Services and the Company’s obligation to pay initial twelve (12) month period, for any reason, upon thirty (30) days written notice. Upon termination of the Consulting Fees;Period by either party, the Company will pay only those Consulting Fees earned and expenses incurred through and including the effective date of such termination.

Appears in 1 contract

Samples: ARYx Therapeutics, Inc.

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Termination of Consulting Period. The Executive may terminate his provision of Consulting Services to the Company at any time upon thirty days’ written notice. The Company may terminate the Executive’s services during the Consulting Period in the event of fraud or other material dishonesty on the part of the Executive with respect to the Company or any of its Affiliates, or in the event that it determines that the Executive has materially breached any of his obligations under this Agreement. Any such termination by the Executive Either you or the Company will may terminate the Consulting Period, at any time and for any reason, upon ten (10) days’ written notice to the Executive’s obligation other party. If not terminated sooner, the Consulting Period will automatically terminate on May 31, 2019. Upon termination of the Consulting Period by either party, or upon termination of the Consulting Period on May 31, 2019, whichever is sooner, the Company will have no further obligations to provide Consulting Services and the Company’s you, including any obligation to pay the Consulting Fees;you further consulting fees.

Appears in 1 contract

Samples: Protagonist Therapeutics, Inc

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