for convenience definition

for convenience means for any reason other than an uncured default of the other party.
for convenience as set forth herein is defined as a termination of the Executive's employment by the Company for any reason not described or referenced in subsections 6.1 and 6.2.
for convenience you shall (i) receive severance in an amount equal to 100 percent of your then current annual base salary in accordance with the Company's regular payroll practices and (ii) vest in all unvested stock options otherwise scheduled to vest within 90 days of such termination. In the event of a termination for convenience you will have one year from the date of such termination to exercise all stock options granted to you and vested as of the date of such termination. You may terminate this Agreement at any time upon 60 days prior written notice, in which event you shall be entitled to the portion of your then current annual base salary accrued to the date of termination and any options vested as of the date of termination; provided, however, that if you terminate this Agreement because (i) of a breach by the Company of the Company's duties and obligations under this Agreement, (ii) there occurs a material change from the date of this Agreement in the authorities, powers, functions or duties attached to your position as President and Chief Operating Officer of the Company, or (iii) the Company's principal executive offices are no longer located in the Los Angeles metropolitan area, you shall (x) receive severance in an amount equal to 100 percent of your then current annual base salary in accordance with the Company's regular payroll practices and (y) vest in all unvested stock options otherwise scheduled to vest within 90 days of such termination. In the event you terminate this Agreement you shall have one year from the date of such termination to exercise any vested unexercised stock options granted to you by the Company.

Related to for convenience

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.

  • Headings mean the chapters and the headings (four-digit codes) used in the nomenclature which makes up the Harmonised Commodity Description and Coding System, referred to in this Protocol as "the Harmonised System" or "HS";

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).

  • Form of Agreement means the form of agreement contained in Part D of the RFP;

  • Single-service articles means cups, containers, lids, closures, plates, knives, forks, spoons, stirrers, paddles, straws, napkins, wrapping materials, toothpicks, and similar articles intended for one-time, one-person use and then discarded.

  • General Terms means these terms and conditions.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

  • Addendum means a written official modification to an IFB.

  • General Provisions means those portions of the Subscription Agreement headed “General Provisions” and contained on pages 7 to 12;

  • Table of Contents is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-11”).

  • Standard Terms of Supply means the standard terms and conditions for Call-off Contracts set out in Schedule 5.

  • Memorandum of Agreement means the agreement executed by and between FFA and the Institution in which these Conditions have been incorporated by reference;

  • Addenda/Addendum means written supplemental additions, deletions, and modifications to the provisions of the RFQ issued by the Department, after the date of issuance of the RFQ.

  • Model Articles means the model articles for private companies limited by shares contained in Schedule 1 of the Companies (Model Articles) Regulations 2008 (SI 2008/3229) as amended prior to the adoption of these articles;

  • Cloud Service Order Form means all written order forms or other ordering documentation for Cloud Services entered into by SAP, or a SAP SE Affiliate or a reseller of SAP SE or an SAP SE Affiliate, and Prime Contractor.

  • Other forms of discipline means actions used in response to problem behaviors and behavioral violations, other than classroom exclusion, suspension, expulsion, or emergency expulsion, which may involve the use of best practices and strategies included in the state menu for behavior developed under RCW 28A.165.035.

  • Service or Element Description Recurring Charges:

  • Time for Completion means the time for completing the Works as stated in the Contract Data (or as extended under Sub-Clause 7.3), calculated from the Commencement Date.

  • Specific Terms in relation to a Loan means the specific terms applicable to that Loan as set out in the document entitled ‘Specific Terms’ related to that Loan;

  • Service Type means the customer class, partial customer class and/or group of customer classes, as set forth in a Transaction Confirmation.

  • Standard Terms means the document titled ‘Service Agreement - Standard Terms’ version 1.1, published on the website at xxxx://xxx.xxx.xxx.xxx.xx or such other website as We may from time to time notify You, as updated or replaced from time to time in accordance with clause 1.2(d)

  • Standard Amendment Coversheet refers to the form used by the Judicial Council to amend agreements with other parties. Several originally signed, fully executed versions of a Standard Amendment, together with the integrated Contract Documents, shall each represent an Amendment as an individual contract counterpart.

  • Terms of Reference (TORs) means the Terms of Reference that explains the objectives, scope of work, activities, and tasks to be performed, respective responsibilities of the Procuring Entity and the Consultant, and expected results and deliverables of the assignment.

  • Use Terms means the Software Use Rights document as defined in the Order Form.

  • Articles of Agreement means the Articles of Agreement of the Bank.

  • the Articles means these Articles of Association of the Academy Trust;