Discharge and Termination. If agreed in Part V of the Schedule, any Call or any Put written by a Party will automatically be discharged and terminated, in whole or in part, as applicable, against a Call or a Put, respectively, written by the other Party, such discharge and termination to occur automatically upon the payment in full of the last Premium payable in respect of such Options; provided that such discharge and termination may only occur in respect of Options:
Discharge and Termination. 16.01 It is hereby agreed that the Employer has the right to discipline or discharge for just cause and notice or pay in lieu of notice may be forfeited in the event of such discharge, at the Employer's option. The Employer will provide the employee with a statement, in writing, at the time of the discipline or discharge clearly establishing the reason for such discipline or discharge.
Discharge and Termination. If agreed in Part V of the Schedule, any Call or any Put written by a Party will automatically be discharged and terminated, in whole or in part, as applicable, against a Call or a Put, respectively, written by the other Party, such discharge and termination to occur automatically upon the payment in full of the last Premium payable in respect of such Options; provided that such discharge and termination may only occur in respect of Options: each being with respect to the same Put Currency and the same Call Currency; each having the same Expiration Date and Expiration Time; each being of the same style, i.e. either both being American Style Options or both being European Style Options; each having the same Strike Price; each being transacted by the same pair of Designated Offices of Buyer and Seller; and neither of which shall have been exercised by delivery of a Notice of Exercise; and, upon the occurrence of such discharge and termination, neither Party shall have any further obligation to the other Party in respect of the relevant Options or, as the case may be, parts thereof so discharged and terminated. Such discharge and termination shall be effective notwithstanding that either Party may fail to record such discharge and termination in its books. In the case of a partial discharge and termination (i.e., where the relevant Options are for different amounts of the Currency Pair), the remaining portion of the Option which is partially discharged and terminated shall continue to be an Option for all purposes of the Agreement, including this Section 4.1.
Discharge and Termination. 12.01 a) It is hereby agreed that the Employer has the right to discharge for just cause.
Discharge and Termination. (a) The School agrees to use its best efforts to maintain the Student's placement. Notwithstanding the above Section 4, the School may discharge the Student under any of the following conditions:
Discharge and Termination. 15.1 It is hereby agreed that the Employer has the right to discharge for just cause and notice or pay in lieu of notice may be given in the event of such discharge, at the Employer's option. A grievance regarding discharge will be commenced at Step 3 of the grievance procedure.
Discharge and Termination. 15.01 It is hereby agreed that the Company has the right to discharge an employee for just and reasonable cause. Prior to an employee being terminated the Company will call a meeting with the employee and a Job Xxxxxxx to discuss the issue that has raised cause for such termination. The Company agrees to provide the employee the reasons for their termination in writing at the time of the meeting. A copy of the termination letter will be sent to the Union Office.
Discharge and Termination. SECTION 1. It is hereby agreed that the Association has the right to discharge for just cause and notice or pay in lieu of notice may be given in the event of such discharge.
Discharge and Termination. SECTION 1 It is hereby agreed that the Company has the right to discharge for just cause without notice or pay in lieu of notice may be given in the event of such discharge, at the Company's option.
Discharge and Termination. 11.01 It is hereby agreed that the Employer has the right to discharge for just cause, and notice or pay in lieu of notice may be forfeited in the event of such discharge at the Employer’s option. The Employer will inform the Union of the reasons for such discharge at the time of discharge if requested.
