Termination of Agreement definition

Termination of Agreement shall be deleted and replaced, in its entirety, with the following:
Termination of Agreement. With cause, the Company may terminate this agreement at any time upon thirty (30) days' written notice to the Employee. If the Company requests, the Employee will continue to perform his/her duties and be paid his/her regular salary up to the date of termination. In addition, the Company will pay the Employee on the date of termination a severance allowance of three months pay less taxes and social security required to be withheld. Without cause, the Employee may terminate employment upon 30 days' written notice to the company. Employee may be required to perform his/her duties and will be paid the regular salary to date of termination but shall not receive a severance package allowance. Notwithstanding anything to the contrary contained in this agreement, the Company may terminate the Employee's employment upon 30 days' notice to the Employee should any of the following events occur:
Termination of Agreement. By the Executive For Good ReasonProvision of the Agreement. Section V.F.3 of the Agreement is hereby deleted in its entirety and amended and restated as follows:

Examples of Termination of Agreement in a sentence

  • Commencement, Completion and Termination of Agreement 2.1 Effectiveness of Agreement2.2 Commencement of Services2.3 Termination of Agreement for failure to commence Services2.4 Expiry of Agreement2.5 Entire Agreement2.6 Modification of Agreement2.7 Force Majeure2.8 Suspension of Agreement2.9 Termination of Agreement 3.

  • Commencement, Completion and Termination of Agreement2.1 Effectiveness of Agreement2.2 Commencement of Services2.3 Termination of Agreement for failure to commence Services2.4 Expiration of Agreement2.5 Entire Agreement2.6 Modification of Agreement2.7 Force Majeure2.8 Suspension of Agreement2.9 Termination of Agreement 3.

  • The development of a system should always take into account the supply of useful information to solve problems, considering its quality and quantity.

  • Termination of Agreement when not employed during spill In case Party A or Party B needs to modify or terminate the Agreement, Party A or Party B shall give 30 days’ notice to the other party in the agreed way, and such modification or termination shall be confirmed in writing by both parties’ consensus intention through negotiation.

  • If the funds on the Client Account exceed 0 PLN on the day of Agreement termination they will be reimbursed to the bank account indicated by the Client, unless the Client consented to an alternative solution within Termination of Agreement.

  • Termination of Agreement by the Bank:- If the performance of the Contractor is not satisfactory this agreement can be terminated by the Bank upon giving a 30 days’ advance notice in writing to the Contractor.

  • Subject to the provisions of Section 19 (Termination of Agreement) of this Agreement, the term of this Agreement shall be for a period of one (1) year from the date of execution of this Agreement, as first shown above.

  • Termination of Agreement by Customer shall be free of charge for the Customer, if the Agreement has been in force for more than 6 months.

  • AGREEMENT FOR THE PERFORMANCE OF SERVICES BY AND BETWEEN THECITY OF SANTA CLARA, CALIFORNIA, AND*INSERT CONTRACTOR’S NAME EXHIBIT DETHICAL STANDARDS FOR CONTRACTORS SEEKING TO ENTER INTO AN AGREEMENT WITH THE CITY OF SANTA CLARA, CALIFORNIA Termination of Agreement for Certain Acts.

  • All rights and obligations shall cease upon termination or full performance of this Agreement, except for the rights and obligations set forth in Sections II Architect’s Standard of Care; Representations and Warranties, XII Indemnity, XIII Limitation of Liabilities, XV Ownership and Use of Work Product of Architect, XIX Termination of Agreement; Non-Availability of Funds, XXIV Governing Law; Venue; Consent to Jurisdiction, XXVI Access to Records, XXXI Confidentiality, and XXXIII Survival.


More Definitions of Termination of Agreement

Termination of Agreement. This Agreement shall expire when all obligations of the parties hereunder have been satisfied.
Termination of Agreement. The telecommuting arrangement can be discounted at any time if it is not in the best interest of the University.
Termination of Agreement. Chart 2: Monthly Payments Month in Term Month/Year Amount of Payment 1st Month $ 2nd Month $ 3rd Month $ 4th Month $ 5th Month $ 6th Month $ 7th Month $ 8th Month $ 9th Month $ 10th Month $ 11th Month $ 12th Month $ Chart I: Fees, Rent, Deposits Monthly Appl./Furn. Rent: $ Monthly Yard Maint. Fee: $ Monthly Utility Xxxx. Fee: $ Monthly Short Lease Fee: $ Pet Fee: $ 1st Month Rent or prorate: $ Security Deposit: $ Total Due Before Move-In: $
Termination of Agreement. At Trainer's sole election, Trainer's duties hereunder shall terminate if (a) in Trainer's sole judgment, Dog is dangerous or vicious to Trainer or any other person or animal, or interferes with the training of other dogs, or (b) Client breaches any term or condition of this Agreement. Upon termination in accordance with the foregoing, Trainer's duties shall terminate but all other provisions of this Agreement shall continue in full force and effect.
Termination of Agreement. Subject to the rights of termination provided herein, this Agreement shall be for an initial term of three (3) years ending on the third anniversary of the Closing Date and, unless terminated, shall be renewed, automatically, for successive terms of one (1) year. This Agreement may be terminated as follows and the date on which the Agreement terminates is herein referred to as the "Termination Date":

Related to Termination of Agreement

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • 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.

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Termination of irradiation means the stopping of irradiation in a fashion which will not permit continuance of irradiation without the resetting of operating conditions at the control panel.

  • Termination With Cause means the termination of the Executive’s employment by act of the Board for any of the following reasons:

  • Termination for Cause or "Cause" shall mean personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses), or final cease and desist order, or any material breach of this Agreement, in such case as measured against standards generally prevailing at the relevant time in the savings and community banking industry. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Bank or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Bank shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Bank. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Date of Agreement as used herein shall be the date when by execution and delivery (as defined in paragraph 20.2) of this document or a subsequent counteroffer thereto, Xxxxx and Seller have reached agreement in writing whereby Seller agrees to sell, and Xxxxx agrees to purchase, the Property upon terms accepted by both Parties.

  • Termination of Consultancy means: (a) that the Consultant is no longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that a Consultant becomes an Eligible Employee or a Non-Employee Director upon the termination of such Consultant’s consultancy, unless otherwise determined by the Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an Eligible Employee or a Non-Employee Director. Notwithstanding the foregoing, the Committee may otherwise define Termination of Consultancy in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Consultancy thereafter, provided that any such change to the definition of the term “Termination of Consultancy” does not subject the applicable Award to Section 409A of the Code.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Termination for Cause" shall mean termination of the Executive's employment because of:

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Eligible Termination means the involuntary termination of Participant’s employment without Cause, provided that at the time of such termination Participant is a Senior Officer and has completed at least ten (10) years of service as a Senior Officer.

  • Letter of Agreement means a written document that informally resolves a

  • Termination Other Than For Cause means termination by the Company of Employee's employment by the Company for reasons other than those which constitute Termination for Cause.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.

  • Voluntary Termination means termination by the Employee of the Employee's employment with the Company, excluding termination by reason of Employee's death or disability as described in Sections 2.5 and 2.6.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Solicitation of a romantic relationship means deliberate or repeated acts that can be reasonably interpreted as the solicitation by an educator of a relationship with a student that is romantic in nature. A romantic relationship is often characterized by a strong emotional or sexual attachment and/or patterns of exclusivity, but does not include appropriate educator-student relationships that arise out of legitimate contexts such as familial connections or longtime acquaintance. The following acts, considered in context, may constitute prima facie evidence of the solicitation by an educator of a romantic relationship with a student: