Common use of Termination Trigger Clause in Contracts

Termination Trigger. This Voting Agreement shall terminate upon the first to occur: (i) that date which is three years from the Closing Date (as that term is defined in the Stock Purchase Agreement); or (ii) the death of, or resignation or removal of J▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ or R▇▇▇▇▇ ▇▇▇▇▇ as directors of the Company, but in the event the occurrence (i.e., the death, resignation or removal) is only as to J▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ or only as to R▇▇▇▇▇ ▇▇▇▇▇, than such termination shall only be effective as to that person and shall continue with respect to the other.

Appears in 2 contracts

Sources: Voting Agreement (Frost Group, LLC), Voting Agreement (eXegenics Inc)