Termination Term Sample Clauses
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Termination Term. (a) The term of this Agreement (the "Term") shall commence on the Effective Date and end two (2) years thereafter. The term shall be automatically extended for successive two (2) year periods unless either party hereto delivers to the other written notice three (3) months prior to the end of the Term of its desire to terminate this Agreement.
(b) Notwithstanding the terms of Section 6 (a) hereof, this Agreement and the Executive's employment hereunder may be terminated as follows:
(i) immediately, without any notice by or to either party hereto, upon the death of the Executive;
(ii) immediately by the Company for the Disability of the Executive upon delivery by the Company to the Executive of a Notice of Termination; or
(iii) immediately by the Company for Cause upon delivery by the Company to the Executive of a Notice of Termination.
(c) If the Executive's employment with the Company shall be terminated during the Term (i) by reason of the Executive's death, or (ii) by the Company for Disability or Cause, the Company shall pay to the Executive (or in the case of his death, the Executive's estate) within fifteen days after the Termination Date a lump sum cash payment equal to the Executive's Accrued Compensation.
(d) The pay and benefits provided for in this Section 6 shall be in lieu of any other severance pay to which the Executive may be entitled under any Company severance plan, program, practice or arrangement. The Executive's entitlement to any other compensation or benefits shall be determined in accordance with the Company's employee benefit plans and other applicable programs, policies and practices then in effect.
(e) The Base Salary, and benefits paid or provided herein, but no other additional compensation, shall be paid to Executive or his estate up to the effective date of termination of this Agreement for whatever reason, including the death of Executive, and not thereafter.
Termination Term. 1. This Agreement shall be valid for a period of two (2) years. It shall be extended tacitly for one
(1) year each. Either party hereto may terminate this Agreement with six (6) months’ notice effective the end of a year. Notice of termination must be given in writing. In the event of an amendment of or addition to the statutes, the distribution plan or this Agreement, the Entitled Person may give notice of extraordinary termination of the Administration Agreement effective the time when the amendment or addition comes into force: any such notice of termination must be given by the Entitled Person by registered letter not later than one (1) month after receipt of the notice concerning the amendment or addition.
2. Either party hereto may terminate this Agreement at any time with six (6) months‘ notice effective the end of a calendar year. The right to give notice of termination of this Agreement for good cause remains unaffected.
3. The Entitled Person may, without terminating the Administration Agreement in toto, withdraw from AGICOA GMBH rights of his choice in types of works or other subject matter of his choice and for territories/countries of his choice. The withdrawal of these rights, works or territories may also be made only with six (6) months‘ notice effective the end of a calendar year.
4. With termination or valid withdrawal of the rights, the same revert to the Entitled Person without special retransfer being required.
5. The claims of the Entitled Person against AGICOA GMBH under this Administration Agreement shall become barred by the statute of limitations after two (2) years; the computation of the limitation period shall be governed by Sections 201 ff. BGB [German Civil Code].
6. The statements for the remuneration attributable to the Entitled Person will also be prepared after valid termination of the Administration Agreement or valid withdrawal of rights if the Entitled Person is entitled to rights revenue
a. from use dating from a period prior to valid termination of the administration relationship or valid withdrawal of rights; or
b. from a right of use granted by the collecting society before valid termination of the administration relationship or valid withdrawal of the rights.
Termination Term. Either party in its sole discretion may terminate this consultancy in full at any time and for any reason whatsoever, upon providing the other party at least five (5) business days’ advance written notice of termination. No payment whatsoever shall be owed by Fortinet after the termination. Absent termination in advance pursuant to the immediately preceding sentence, Member shall serve for an annual term only, from the effective date, renewed by mutual agreement of the parties.
Termination Term. 4.1 This Agreement may be terminated at any time prior to the Closing:
(a) by mutual written consent of Madison and the Company;
(b) by Madison, if the Closing has not occurred by 5:00 p.m., Eastern Time, on the Closing Date; or
(c) by Madison, on thirty (30) days prior written notice.
4.2 This Agreement may be terminated at any time following the Closing by the Company on 30 days’ prior written notice only if the party which holds a security interest pursuant to that certain Original Issue Discount Secured Demand Promissory Note made by the Company in favor of the Lender (the “Note”) makes a demand for payment under the Note.
Termination Term. This Agreement will commence on the date first written above and will extend for a period of 3, 6 or 12 months as listed in the Bronze, Silver and Gold Membership plans, respectively, with automatic renewal. Both Patient and My Doc L.L.C. shall have the absolute and unconditional right to terminate the Agreement, without the showing of any cause for termination, upon giving 30 days prior written notice to the other party. As mentioned above, if the Patient cancels this Agreement before the agreement termination date, My Doc L.L.C. will not refund the original payment. In addition, there will be a $200 (One Hundred Dollar) cancellation fee that will apply to the Patient for terminating the membership before the contract period is complete. Unless previously terminated as set forth above, at the expiration of the term limit of 3, 6 or 12 months, the Agreement will automatically renew for successive monthly terms upon the payment of the monthly fee at the end of the contract month.
Termination Term. Either Owner or the Association may terminate this Agreement at any time by written notice to the other party given in accordance with paragraph 8 below. Such termination will be effective upon the giving of notice or on such later date provided in the notice. This Agreement shall automatically terminate upon sale of the Residence by Owner. Unless terminated earlier, this Agreement shall have a term of five (5) years from the date hereof. The Association will surrender to Owner all codes to the Residence immediately upon termination of this Agreement.
Termination Term a. The License will terminate automatically at end of the 12-month Suspension period unless Wugen resumes the FTE payments and initiates or resumes the clinical trial for WU-NK-101 in Phase 1b/2 memory NK cell for adoptive transfer by May 31, 2026.
b. HCW has the right to terminate the License during the 12-month Suspension period if HCW enters into a letter of intent or agreement with a third party for a license of either HCW9201 and/or HCW9206.
Termination Term. This Agreement will terminate upon the earliest to occur of: (a) Termination of this Agreement by either party with or without cause, upon no less than 30 days written notice to the other party of the intent to terminate this Agreement. (b) the 30th day following Building Owner’s written notice to Licensee that Licensee is in default under this Agreement (unless Licensee has cured such default within such 30 day period); (c) the 30th day following written notice to Building Owner by Licensee of its intent to terminate this Agreement; (d) the 30th day following termination of Licensee’s service to the District; (e) the date of a casualty to all or any portion of the Building if the result of such casualty in the Building Owner’s reasonable judgment, renders the continuation of this Agreement not in the best interest of the Building Owner; or (f) the date of condemnation or taking of all or any portion of the Building or the Property if the result of such condemnation or taking in the Building Owner’s reasonable judgment, renders the continuation of this Agreement not in the best interest of the Building Owner. Except as otherwise provided in the preceding sentence, this Agreement will have an initial term of ten years (“Initial Term”), commencing on the Effective Date, and thereafter will automatically renew for four additional periods of five years each. The time period in which this Agreement is in effect will be referred to in this Agreement as the “Term.” The License cannot be revoked during the Term except as provided in this Section.
Termination Term. This Joinder Agreement shall terminate on the earlier of (i) such time as the parties mutually agree in writing or (ii) the termination of each of the Agreement and/or each of the Ancillary Agreements, in accordance with the terms contained therein. Upon such termination of this Joinder Agreement, no party shall have any further obligations or liabilities hereunder; provided that such termination shall not relieve any party from liability for any breach of this Joinder Agreement prior to such termination.
Termination Term. Either the Parent or Colonial may terminate this Agreement upon 30 days prior written notice to the other party. Unless so terminated, this Agreement shall continue in effect until Parent has received all remaining certificates and funds held by you for the benefit of holders of Company Common Stock (including any interest or other income resulting from the investment of such funds) that are distributed to Parent by Colonial 180 days after the date of the Effective Time in accordance with this Agreement. In the event of earlier termination by either party, Parent will promptly retain a successor exchange agent with comparable qualifications as those of Colonial (the “Successor Exchange Agent”) and inform Colonial of the name and address of the Successor Exchange Agent so retained, provided that no failure by Parent to retain such a Successor Exchange Agent shall affect the termination of this Agreement or Colonial’s discharge as Exchange Agent hereunder. Upon any such termination, Colonial shall be relieved and discharged of any further responsibilities with respect to its duties hereunder. Upon any such termination, Colonial shall promptly disburse to Parent or its designee all certificates and funds held by you for the benefit of holders of Company Common Stock (including any interest or other income resulting from the investment of such funds) and forward to Parent or its designee any certificates for Company Common Stock, Letters of Transmittal or other documents that it may receive after its appointment has so terminated.
