Termination Returns Sample Clauses

Termination Returns. Unless otherwise specified by law, a Brand Influencer has the right to cancel their enrollment and product purchase three (3) days from the date of enrollment and received a full refund. A Brand Influencer who terminates his or her business relationship with revital U has the right to return for repurchase on commercially reasonable terms currently marketable inventory, including revital U produced promotional materials, sales aids and kits, in the possession of the Brand Influencer and purchased by the Brand Influencer for resale within twelve (12) months of termination. For purposes hereofreasonable commercial terms” shall mean the repurchase of marketable inventory within twelve (12) months from the Brand Influencer’s date of purchase at not less than ninety percent (90%) of the Brand Influencer’s original net cost less shipping fees, appropriate set-offs and legal claims, if any. In addition for purposes of this section, products shall not be considered “currently marketable” if returned for repurchase after the products commercially reasonable usable or shelf life period has passed; nor shall products be considered “currently marketable” if revital U clearly discloses to the Brand Influencer prior to purchase that the products are seasonal, discontinued or special promotional products and are not subject to the repurchase obligation. In addition, any product purchased from revital U on a month-to-month basis (such as the Virtual Office Pro website subscription) will be deemed used and nonrefundable on the first day after each billing charge that month. revital U will not issue a refund nor replace any product previously certified as having been sold under the seventy percent (70%) rule. Refunds will only be issued in accordance with the following procedures: 11.5.1. A written return request shall be submitted, stating the reason for the termination, the reason for the return of product and/or sales materials, and accompanied by the original proof of payment and a copy of the purchase order form or packing slip. Product returned without prior authorization will be returned to the Brand Influencer. 11.5.2. revital U will provide the Brand Influencer with a return authorization number, and will instruct the Brand Influencer where to ship the product for inventory verification. Upon receipt and inspection of the return, revital U will process the appropriate refund for payment. 11.5.3. The Brand Influencer will pay for the cost of return shipping. 11.5....
Termination Returns a) A Utopia Partner who terminates their Utopia Partner business relationship with the Company has the right to return for repurchase on commercially reasonable terms currently marketable inventory including Company produced promotional materials, sales aids and kits in possession of the Utopia Partner and purchased by the Utopia Partner for resale prior to the date of termination. For purposes hereof, “reasonable commercial terms” shall mean the repurchase of marketable Inventory within two (2) months from the Utopia Partner’s date of purchase at not less than 90% of the Utopia Partner’s original net cost less appropriate set- offs and legal claims, if any. No refunds will be issued unless a Utopia Partner is in strict compliance with the procedures contained herein: b) A written return request shall be submitted, stating the reason for the termination, the reason for the return of product and/or sales materials, and accompanied by original proof of payment and a copy of the Purchase Order Form or Packing Slip. Product returned without prior authorization will be returned to the Ready Partner. c) The Company will provide the Utopia Partner with a return authorization number and will instruct the Utopia Partner where to ship the product for inventory verification. Upon receipt and inspection of the return, Company will process the appropriate refund for payment; and d) The Utopia Partner shall pay the cost of return freight. e) All commissions, overrides, and bonuses paid to a terminated Utopia Partner as a result of any product returned upon termination shall be repaid to the Company. The Company may deduct such amounts from any commissions or other amounts owed to such Utopia Partner. All commissions, overrides, and/ or bonuses paid to a Utopia Partner’s up-line on a returned product shall be repaid to the Company by the up-line Utopia Partner.

Related to Termination Returns

  • Termination Generally If the Executive’s employment with the Company is terminated for any reason, the Company shall pay or provide to the Executive (or to his authorized representative or estate) (i) any Base Salary earned through the Date of Termination, unpaid expense reimbursements (subject to, and in accordance with, Section 2(c) of this Agreement) and unused vacation that accrued through the Date of Termination on or before the time required by law but in no event more than 30 days after the Executive’s Date of Termination; and (ii) any vested benefits the Executive may have under any employee benefit plan of the Company through the Date of Termination, which vested benefits shall be paid and/or provided in accordance with the terms of such employee benefit plans (collectively, the “Accrued Benefit”).

  • Termination; General The Representatives may terminate this Agreement, by notice to the Company, at any time at or prior to Closing Time (i) if in the reasonable judgment of the Representatives, there has been, since the time of execution of this Agreement or since the respective dates as of which information is given in the Prospectus or the General Disclosure Package, any material adverse change in the condition, financial or otherwise, or in the earnings, business affairs, financial prospects or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, or (ii) if there has occurred any material adverse change in the financial markets in the United States or the international financial markets, any outbreak of hostilities or escalation thereof or other calamity or crisis or any change or development involving a prospective change in national or international political, financial or economic conditions, in each case the effect of which is such as to make it, in the judgment of the Representatives, impracticable or inadvisable to market the Securities or to enforce contracts for the sale of the Securities, or (iii) if trading in any securities of the Company has been suspended or limited by the Commission, the New York Stock Exchange or the Nasdaq Global Market, or if trading generally on the NYSE American or the New York Stock Exchange or in the Nasdaq Global Market has been suspended or limited, or minimum or maximum prices for trading have been fixed, or maximum ranges for prices have been required, by any of said exchanges or by such system or by order of the Commission, the FINRA or any other governmental authority, or a material disruption has occurred in commercial banking or securities settlement or clearance services in the United States, or (iv) if a banking moratorium has been declared by either Federal, California or New York authorities, or (v) if since the date of this Agreement, there has occurred a downgrading in the rating assigned to the Securities, any class or series of the Company’s outstanding Preferred Stock, if any, or any of the Company’s other debt securities by any nationally recognized securities rating agency, or any such securities rating agency has publicly announced that it has under surveillance or review, with possible negative implications or without indicating the direction of the possible change, its rating of the Securities, any class or series of Preferred Stock or any of the Company’s other debt securities.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Termination in General If Executive’s employment with the Company terminates for any reason, the Company will pay or provide to Executive: (i) any unpaid Salary through the date of employment termination, (ii) any unpaid Annual Bonus for the fiscal year prior to the fiscal year in which the termination occurs (payable at the time the bonuses are paid to employees generally), (iii) any accrued but unused vacation or paid time off in accordance with the Company’s policy, (iv) reimbursement for any unreimbursed business expenses incurred through the termination date, to the extent reimbursable in accordance with Section 3, and (v) all other payments or benefits (if any) to which Executive is entitled under the terms of any benefit plan or arrangement.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.