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. 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":

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.

  • 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.

  • 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.

  • CONFIDENTIALITY 22.1 Confidentiality 22.2 Term 22.3 Confidential Information 22.4 Scope 22.5 Release of Confidential Information 22.6 Rights 22.7 No Warranties 22.8 Standard of Care 22.9 Order of Disclosure 22.10 Termination of Agreement 22.11 Remedies 22.12 Disclosure to FERC, its Staff or a State 22.13 Required Notices Upon Requests or Demands for Confidential Information ARTICLE 23.

  • 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.

  • 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.

  • 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.

  • Transfer of Land on Termination of Agreement 121D) On termination of this Agreement the Academy Trust shall, if the Secretary of State so requires by notice in writing to the Academy Trust, immediately transfer its interest in the Land to the Secretary of State or such other person as the Secretary of State may nominate.

  • Termination of Agreement in a situation in which the balance of the Client Account of the Client is negative remains without effect on the right of the Operator to pursue the amount equal to the unsettled by the Client amount of receivable for services provided by the Operator.

  • 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.


More Definitions of Termination of Agreement

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:
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. This Agreement shall expire when all obligations of the parties hereunder have been satisfied.
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: $

Related to Termination of Agreement

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

  • Duration and Termination in its entirety, and replace with the following:

  • Termination Agreement means the Termination Agreement dated as of the date hereof between and among Telenor, Telenor Communication AS, the Company, VimpelCom B.V., VimpelCom Finance B.V., VC Limited, Xx. Xxxxx, Glavsotkom and the Bee Line Fund.

  • Term of Agreement means the term of this Agreement as specified in Section 9.01 hereof.

  • 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 means termination because of Executive's personal dishonesty, incompetence, willful misconduct, any 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. Notwithstanding the foregoing, 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 a majority of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to 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, Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. Executive shall not have the right to receive compensation or other benefits for any period after the Date of Termination for Cause. During the period beginning on the date of the Notice of Termination for Cause pursuant to Section 8 hereof through the Date of Termination for Cause, stock options and related limited rights granted to Executive under any stock option plan shall not be exercisable nor shall any unvested awards granted to Executive under any stock benefit plan of the Bank, the Holding Company or any subsidiary or affiliate thereof, vest. At the Date of Termination for Cause, such stock options and related limited rights and any unvested awards shall become null and void and shall not be exercisable by or delivered to Executive at any time subsequent to such 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, material breach of the Bank’s Code of Ethics, material violation of the Xxxxxxxx-Xxxxx requirements for officers of public companies that in the reasonable opinion of the Chief Executive Officer of the Bank or the Board will likely cause substantial financial harm or substantial injury to the reputation of the Bank, willfully engaging in actions that in the reasonable opinion of the Chief Executive Officer of the Bank or the Board will likely cause substantial financial harm or substantial injury to the business reputation of the Bank, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than routine traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of the contract.

  • 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.

  • Xxxxxx Employment Agreement shall have the meaning set forth in Section 6.1.

  • Partial Termination means the termination of a part, but not all, of the work that has not been completed and accepted under a contract.

  • Extended Termination Date for Addendum The “Extended Termination Date” under the Credit Agreement.

  • Terms-of-service agreement means an agreement that controls the relationship between a user and a custodian.

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

  • Termination for cause" shall include termination because of the Officer'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, regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provisions of this Agreement.

  • 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.

  • 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.

  • Termination following a Change of Control means a Termination of Employment within two years after a Change of Control either:

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

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Termination of parental rights which shall mean any action resulting in the termination of the parent-child relationship;