Termination Pursuant to Section Sample Clauses

Termination Pursuant to Section. 9(a)(i) relating to termination for cause or Section 9(a)(iv)
AutoNDA by SimpleDocs
Termination Pursuant to Section. 3(c) (Cause). In the event that the Employment Period is terminated pursuant to Section 3(c), no further compensation shall be paid to Employee following the effective date of termination, provided that, within 35 days of the effective date of termination, the Employers shall pay to Employee a lump sum cash payment equal to the Accrued Obligations.
Termination Pursuant to Section. 3(b) (Disability). In the event that the Employment Period is terminated pursuant to Section 3(b), no further compensation shall be paid to Employee following the effective date of termination, provided that:
Termination Pursuant to Section. 2.1(d). In the event the Executive's employment hereunder is terminated by the Company pursuant to the provisions of Section 2.1(d) hereof, the Executive shall be entitled to receive (i) any accrued, but unpaid, Salary and any vacation or sick leave benefits, which have accrued as of the date of termination of this Agreement, but were then unpaid or unused, (ii) an amount payable in monthly installments equal to the Executive's full monthly Salary payable for a period of twelve (12) months and (iii) the Termination Bonus set forth in Exhibit A. Any amount due the Executive hereunder (i) of this Section shall be paid in a lump sum in cash within thirty (30) days after the termination of the Executive's employment hereunder.
Termination Pursuant to Section. 4.1 or 4.4. In the event the Executive's employment is terminated pursuant to Section 4.1 or 4.4, the company shall pay to the Executive the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company. Any compensation previously earned by Executive hereunder but not yet paid to him shall be accelerated and shall become payable in a lump sun upon termination of employment.
Termination Pursuant to Section. 7.1 shall not affect or terminate any of the rights of the BPW or the City as against Developer or its surety then existing, or which may accrue because of the default, and the above provision shall be in addition to all other rights and remedies available to the BPW or the City under the law.
Termination Pursuant to Section. 4(A) or 4(B). If either the Company or Employee elects to terminate Employee's employment with the Company under the circumstances described in Section 4(A) or 4(B) above, the Company shall, in addition to paying Employee his full Base Salary through the Date of Termination at the rate in effect at the time the Notice of Termination is given and any accrued but unused vacation and personal days (as required by law), pay to Employee, and provide to Employee, the following severance benefits:
AutoNDA by SimpleDocs
Termination Pursuant to Section. 4.3 OR SECTION 4.5
Termination Pursuant to Section. 9.1 of the Merger Agreement, the Parties hereby agree that the Merger Agreement, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant to (collectively, the "Transaction Documents"), are hereby terminated effective immediately as of the date hereof (the "Termination Time") and, notwithstanding anything to the contrary in the Transaction Documents, including Section 9.5(e) of the Merger Agreement (provided that Section 7.10(c) of the Merger Agreement shall remain in full force and effect in accordance with its terms), the Transaction Documents are terminated in their entirety and shall be of no further force or effect whatsoever (the "Termination").
Termination Pursuant to Section. 5(a)(iii). In the event, the Company terminates the Agreement and Employee’s employment with the Company pursuant to Section 5(a)(iii), the Company shall pay Employee the compensation provided for in Section 3. (a) when due and owing for the duration of the Term, and as well the Company shall pay COBRA expenses for the Employee’s health insurance for the twelve (12) month period following the Date of Termination; and
Time is Money Join Law Insider Premium to draft better contracts faster.