Termination of Employment and this Agreement Sample Clauses

Termination of Employment and this Agreement. For purposes of this Agreement, any reference to the Executive’s “termination of employment” (or any form thereof) shall mean the Executive’s “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and Treasury Regulation §1.409A-1(h).
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Termination of Employment and this Agreement. A. If District terminates this Agreement (thereby terminating Manager’s employment), by action of the affirmative votes of a majority of the members of the Board of Directors, Manager shall not be entitled to any additional compensation or payment but shall be entitled only to accrued Base Salary.
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Termination of Employment and this Agreement. (a) If Mr. Xxxxxxx'x xxxloyment is terminated by the Company for cause (as hereinafter defined) or if Mr. Xxxxxxx xxxuntarily leaves the employment of the Company prior to the Expiration Date, the Company will pay Mr. Xxxxxxx xxx equivalent of three (3) months' salary at the base salary, and three (3) months continuation of fringe benefits then being received by Mr. Xxxxxxx. Xxr purposes of this Agreement, termination "for
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Termination of Employment and this Agreement. (a) If Mr. Xxxxxxx'x xxxloyment is terminated by the Company for cause (as hereinafter defined) or if Mr. Xxxxxxx xxxuntarily leaves the employment of the Company prior to the Expiration Date, the Company will pay Mr. Xxxxxxx xxx equivalent of three (3) months' salary at the base salary, and three (3) months continuation of fringe benefits then being received by Mr. Xxxxxxx. Xxr purposes of this Agreement, termination "for cause" means termination of Mr. Xxxxxxx'x xxxloyment by action of a majority of the members of the Board of Directors who are not employees of CytRx or any subsidiary, because of:
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Termination of Employment and this Agreement. 7.1 Either party may terminate a casual period of engagement by giving 1 hour’s verbal or written notice (or, in the case of the Club, 1 hour’s payment in lieu of notice), provided that you shall not be paid for less than 2 hours for any shift which is terminated by the Club.
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Termination of Employment and this Agreement. (a) Executive's employment hereunder shall cease and terminate upon the earliest of the events specified below:
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Termination of Employment and this Agreement 
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Related to Termination of Employment and this Agreement

  • 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.

  • 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 EMPLOYMENT CONTRACT A. This Contract shall terminate, the Superintendent's employment will cease, and no compensation shall thereafter be paid, under any one of the following circumstances:

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. If the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment. If the Optionee's employment with the Corporation shall terminate other than by reason of Retirement (as defined in the last Section hereof), Disability (as defined in the last Section hereof), death or Cause, the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such termination. If the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment other than for Cause or Retirement, the Option (to the extent then vested) may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such death or disability. If the Optionee's employment terminates by reason of Retirement, the Option shall (A) become fully and immediately vested and exercisable and (B) remain exercisable for three years from the date of such Retirement (but not beyond the Term of the Option).

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

  • Notice of Termination of Employment 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

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