Termination of Xx Sample Clauses

Termination of Xx. XxXxxxxxx'x employment under any of ----------- the following circumstances shall not constitute a breach of this Employment Agreement:
Sample 1See All (4)
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Termination of Xx. Xxxxxx'x Employment. Effective December 20, 1996, Xx. Xxxxxx resigns from all of his positions with the Company, Realty, and Credit and any of their employee benefit plans, including the following: President, director and a member of the Executive Committee of the Board of Directors of the Company, President and a director of Realty and President and a director of Credit. Xx. Xxxxxx will answer inquiries from the Company, Realty or Credit regarding aspects of the Company's, Realty's and Credit's business affairs of which he has knowledge and which occurred during his employment.
Sample 1
Termination of Xx. Xxxxxxx'x employment with the Company or its successors, regardless of the cause or circumstances thereof and whether such termination was voluntary or involuntary. Further, Xx. Xxxxxxx'x covenants of nondisclosure, noncompetition and nonsolicitation along with the Company's remedies for the breach or threatened breach of those covenants shall remain in effect in accordance with their respective terms following any termination of this Agreement.
Sample 1
Termination of Xx. Xxxxxxxxx'x Employment. Effective as of the date of this Agreement (the "Effective Date"), Xx. Xxxxxxxxx resigns from all of his positions with the Company, Realty, and Credit and any of their employee benefit plans, other than as a Director of the Company, including the following: Chairman of the Board and Chief Executive Officer, a member of the Executive Committee and of the Directors Committee of the Board of Directors of the Company, Chairman of the Board and Chief Executive Officer and a director of Realty and Chairman of the Board and Chief Executive Officer and a director of Credit. Xx. Xxxxxxxxx will answer inquiries from the Company, Realty or Credit regarding aspects of the Company's, Realty's and Credit's business affairs of which he has knowledge and which occurred during his employment.
Sample 1
Termination of Xx. XXXXX’X SUBSCRIPTION AGREEMENT References are made to (i) the circular (the “Circular”) of the Company dated 27 April 2019 in relation to, among others, the Proposed Restructuring; (ii) the poll results announcement (the “Poll Results Announcement”) of the Company dated 29 May 2019; and (iii) the announcements of the Company dated 30 May 2019, 5 June 2019 and 13 June 2019 in relation to revised timetable for the Proposed Restructuring. Unless otherwise stated, capitalised terms used in this announcement shall bear the same meanings as defined in the Circular and the Poll Results Announcement. In view of the stringent timetable for the Proposed Restructuring, on 14 June 2019, the Company and Xx. Xxxxx entered a deed of termination (the “Xx. Xxxxx Termination Deed”) to terminate the Xx. Xxxxx’x Subscription Agreement so as to expedite the completion of the transactions contemplated under the Proposed Restructuring. Pursuant to the Xx. Xxxxx Termination Deed, with effect from the date thereof, the Company and Xx. Xxxxx shall release and discharge each other from its/her respective obligations under the Xx. Xxxxx’x Subscription Agreement and all obligations of the parties thereunder or in respect of the Xx. Xxxxx’x Subscription Agreement shall be fully discharged and no party to the Xx. Xxxxx’x Subscription Agreement shall have any claim of any nature whatsoever against the other party arising from or in connection with the Xx. Xxxxx’x Subscription Agreement. As a result of the termination of the Xx. Xxxxx’x Subscription Agreement, the transactions under the Proposed Restructuring will no longer be subject to the Takeovers Code. In this connection, the Whitewash Waiver is no longer applicable. With the termination of the Xx. Xxxxx’x Subscription Agreement, the Proposed Restructuring will be carried on with the New Placing. Rule 25 of the Takeovers Code is therefore no longer applicable. The proposed settlement of the indebtedness due to the Creditors, who are Shareholders, under the Creditors’ Scheme shall not constitute the Special Deal and the consent to the Special Deal is no longer applicable. Relevant conditions precedent to the Acquisition Agreement, the Creditors Scheme, the YM Subscription Agreement and the Underwriting Agreement relating to the Executive granting consent under Rule 25 of the Takeovers Code in respect of Special Deal contemplated under the Creditors’ Scheme will no longer be applicable. Under Rule 31.1(c) of the Takeovers Code, except ...
Sample 1
Termination of Xx. Xxxxxxxxx'x employment with Xxxxxxxx shall not of itself make unexercisable any unexercised options to purchase stock of Xxxxxxxx except and to the extent expressly provided for (or referenced) in the agreements evidencing such options.
Sample 1

Related to Termination of Xx

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of Use These terms and Your access to Our Website may be terminated by Us (at Our sole discretion) at any time without notice or any requirement to give You a reason why. In the event of termination under this clause We shall have no liability to You whatsoever (including for any consequential or direct loss You may suffer).

  • DETERMINATION OF BREACH AND TERMINATION OF AGREEMENT A. Prior to making a determination that the Applicant has failed to comply in any material respect with the terms of this Agreement or to meet any material obligation under this Agreement, the District shall provide the Applicant with a written notice of the facts which it believes have caused the breach of this Agreement, and if cure is possible, the cure proposed by the District. After receipt of the notice, the Applicant shall be given ninety (90) days to present any facts or arguments to the Board of Trustees showing that it is not in breach of its obligations under this Agreement, or that it has cured or undertaken to cure any such breach.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Early Termination of Agreement This Agreement may be terminated prior to the expiration of its term by:

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination.

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Termination of 401(k) Plan If requested by Acquiror in writing at least five business days before the Closing Date, the Company shall terminate any and all 401(k) plans sponsored or maintained by the Company or any of its Subsidiaries, and prior to the Closing Date shall provide evidence to Acquiror of such termination pursuant to resolutions of its Board of Directors.

  • Termination of Plan The Sponsor may terminate the Plan and the Trust with respect to all Employers by executing and delivering to the Committee and the Trustee, a notice of termination, specifying the date of termination.

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