Notice Exception definition

Notice Exception means the right, as described in Section 4.2, of either party to the Agreement to terminate this Agreement upon giving the required written notice.
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Notice Exception means the right, as described in Section 4.2, of either party to this Agreement to terminate the Agreement upon giving the required written notice.
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Examples of Notice Exception in a sentence

  • Notwithstanding the foregoing, the Notice Exception shall not be effected by the Company while the Executive is Totally Disabled as provided in ARTICLE 7.

  • This Agreement shall be effective as of and shall continue in effect for two (2) years through the 31th day of August, 2019.

  • Prior to the expiration of the Inspection Period, Buyer shall give to Seller Notice ("Exception Notice") of any exceptions to title set forth in the Title Commitment which are not acceptable to Buyer ("Unacceptable Exceptions").

  • Any termination by the Company under the Cause Exception or as a result of the Executive’s Total Disability or by the Executive by exercise of the Notice Exception within twelve (12) months of a Change of Control, shall be communicated by Notice of Termination to the other party hereto.

  • The Term shall commence as of June 1, 2004, and shall continue until the earliest to occur of the following: (i) the date of death of the Executive; (ii) the specified date of termination under the Notice Exception (as defined in Section 4.2); (iii) the date of termination under the Cause Exception (as defined in Section 4.3); or (iv) the date of termination as a result of the Executive’s Total Disability.

  • Any termination by the Company under the Cause Exception or as a result of the Executive’s Total Disability or by the Executive by exercise of the Notice Exception within twelve (12) months following a Change of Control, shall be communicated by Notice of Termination to the other party hereto.

  • If the Executive desires to terminate his employment prior to the expiration of the Term, he shall give not less than sixty (60) days written notice of such desire to the Companies specifying the date of termination (the "Notice Exception").

  • Notwithstanding the foregoing, in the event the Executive desires to terminate his employment within twelve (12) months following a Change of Control, the Executive is not required to provide the Company with one hundred and twenty (120) days notice of his desire to do so, but instead may do so by giving notice to the Company as provided in Section 5.5. In no event shall the Company invoke the Notice Exception during any period of Total Disability of the Executive.

  • If the Executive’s employment is terminated by the Company by exercise of the Notice Exception or by the Executive by exercise of the Notice Exception, and such exercise, whether initiated by the Company or the Executive, occurs within twelve (12) months of a Change of Control, the Executive shall be entitled to receive in a lump sum (i) any compensation due but not yet paid through the Termination Date, plus (ii) an amount equal to one dollar less than three (3) times his Base Amount.

  • Notwithstanding the foregoing, in the event the Executive desires to terminate his employment within twelve (12) months of a Change of Control, the Executive is not required to provide the Company with three hundred sixty-five (365) days notice of his desire to do so, but instead may do so by giving notice to the Company as provided in Section 4.5. In no event shall the Company invoke the Notice Exception during any period of Total Disability of the Executive.