Regular Termination definition
Examples of Regular Termination in a sentence
This Agreement shall be effective as of the Agreement Effective Date and shall normally continue until the later of the Agreement Regular Termination Date or, if a Change in Control has occurred, until the end of the Coverage Period.
Regular Termination If your Service terminates for any reason, other than death, Disability or Cause, then your option will expire at the close of business at Company headquarters on the 90th day after your termination date.
Both parties acknowledge and agree that in the event of a termination other than by Regular Termination, (A) determination of actual damages incurred would be extremely difficult, and (B) the liquidated damages provision contained herein is intended to attempt to compensate for damages incurred and is not intended to constitute any form of penalty.
This liquidated damages provision shall also apply in the event the Funds are merged into another legal entity in part or in whole pursuant to any form of business reorganization prior to a Regular Termination unless USBFS is retained as Administrative Manager.
If USBFS terminates this Agreement other than pursuant to a Regular Termination or for cause due to a material breach by the Adviser, or if the Adviser terminates this Agreement for cause due to a material breach by USBFS, USBFS shall pay liquidated damages to the Adviser in the amount of $150,000.
If the Adviser terminates this Agreement other than pursuant to a Regular Termination or for cause due to a material breach by USBFS, or if USBFS terminates this Agreement for cause due to a material breach by the Adviser, the Adviser shall pay liquidated damages to USBFS in the amount of $150,000.
The liquidated damages described herein apply in the event of a termination for cause due to a material breach to compensate the aggreived party for damages incurred by the material breach and the termination of the parties’ contractual relationship other than pursuant to a Regular Termination.
The Company shall pay to the Executive the Regular Termination Bonus Amount in one (1) installment occurring not later than March 15 of the year following the fiscal year in which the applicable termination occurs.
Regular Termination If you Terminate for any reason, other than because of your death, Disability or Retirement or because you were Terminated for Cause, then this Option will expire at the close of business at the Company's headquarters on the ninetieth (90/th/) day after your Termination (or, if earlier, the expiration date specified in the cover sheet).
Regular Termination If your Service terminates for any reason except death or “Total and Permanent Disability” (as defined in the Plan), then this Option will expire at the close of business at Company headquarters on the date three (3) months after the date your Service terminates (or, if earlier, the Expiration Date).