Termination of Employment During the Term Sample Clauses

Termination of Employment During the Term. The Employee’s employment with the Bank may be terminated during the Term at any time and for any reason and, in such event:
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Termination of Employment During the Term. (a) The Executive shall be entitled to the compensation and benefits provided in Section 3 upon the termination of the Executive's employment with the Company during the term of this Agreement by the Executive or by the Company, unless such termination is as a result of (i) the Executive's death; (ii) the Executive's Disability; (iii) the Executive's termination by the Company for Cause; or (iv) the Executive's decision to terminate employment other than for Good Reason.
Termination of Employment During the Term. Nothing in this Section 3 shall limit the right of the Company or the Executive to terminate the Executive's employment under this Agreement during the Term hereof on the terms and conditions set forth in Section 7 hereof. Further, notwithstanding any other provision of this Agreement, the Company shall have the right to terminate the Executive's employment under this Agreement at any time prior to the expiration of the Term for any other reason whatsoever, including termination without Cause, in the sole discretion of the Company's Board of Directors (the "Board"); provided, however, that, any termination of the employment relationship by the Company prior to the expiration of the Term other than a termination by the Company on the terms and conditions set forth in Section 7 hereof shall be deemed to be a termination without Cause within the meanings of Sections 8(c) and 8(e) hereof.
Termination of Employment During the Term. Upon completion of the probationary period, the employment contract may be terminated without cause at any time during the term of employment by the University. If the employee has less than the equivalent of three years of service within a five (5) year period she/he will receive at least one month’s written notice of termination, or pay in lieu. For those term employees with greater than the equivalent of three years of service within a five (5) year period, notice will be as stated in 9.1.7.
Termination of Employment During the Term. Nothing in this Section 3 shall limit the right of the Company or the Executive to terminate the Executive’s employment under this Agreement during the Term hereof on the terms and conditions set forth in Section 7 hereof.
Termination of Employment During the Term. In the event that you materially breach any provision of this Agreement or any continuing obligations under the Proprietary Information and Inventions Agreement, the Company, at its election, may terminate your employment with the Company and its obligations to make any further payments or provide any further benefits to you under this Agreement, effective upon written notice to you. You acknowledge that your options will cease vesting and terminate in accordance with the applicable terms of the Stock Option Agreements upon the termination of your employment with the Company under this paragraph 7. Likewise, you may elect to terminate this Agreement at any time and for any reason, effective upon your delivery of written notice to the Company. This contract will only be terminated by the company if there is a material breach of this agreement. In the event of a breach, the company will provide a 60 day written notice in advance of the companies intent to terminate the contract. The written notice will include a description of the reason for termination. During the 60 day period you will be given an opportunity to respond and resolve any reasons for breach in order to come back into compliance with the agreement. It is understood that your accepting employment as a consultant with another organization during the term of this contract does not constitute breach of this agreement. Reduction in force and reorganizational changes also do not constitute reason to terminate the agreement.
Termination of Employment During the Term. (a) Termination by the Company Without Cause or by the Employee for Good Reason. If the Employee's employment is terminated during the Term by the Company without Cause or by the Employee for Good Reason, the Employee shall be entitled to the following:
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Termination of Employment During the Term. (a) Termination by the Company Without Cause or by the Employee for Good
Termination of Employment During the Term 

Related to Termination of Employment During the Term

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Expiration of Employment Period If Executive’s employment shall be terminated due to the normal expiration of the Employment Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • 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:

  • Early Termination of Employment In addition to any Termination of Employment of Executive as a Retired Early Employee under Paragraph 6 of this Agreement, a Termination of Employment of Executive may occur prior to the normal expiration of the Term under the circumstances and with the consequences set forth below.

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Termination of Executives Employment Termination of Executive's Employment means that (i) the Company has terminated Executive's employment with the Company (including any subsidiary of the Company) other than for Cause (as defined in Section 5.2), death or Disability (as defined in Section 5.3), or (ii) Executive, by written notice to the Company, has terminated his employment with the Company (including any subsidiary of the Company) for Good Reason (as defined below). For purposes of this Agreement, "Good Reason" means:

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

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