Provisions for Termination. An individual Artist's engagement contract may be terminated as follows:
Provisions for Termination. The Artist's COA Engagement Contract may be terminated as follows:
Provisions for Termination. An Opera Agreement Engagement Contract may be terminated as follows:
Provisions for Termination. In no event may Optionee exercise this Option after the Term/Expiration Date as provided above. In the event that Optionee’s engagement with the Company should terminate, the outstanding vested Options on the date of such termination, shall be exercisable for (i) three (3) months after such termination (except in the case of termination by reason of death or Disability); or (ii) six (6) months after such termination by reason of Optionee’s death or Disability. Notwithstanding the foregoing, in the event of Optionee’s death within three (3) months after the date of termination, the Optionee’s estate or heirs, as applicable, may exercise all Options, which are vested and exercisable at the time of Optionee’s termination of engagement, within six (6) months after the Optionee’s death, but in no event after the Expiration Date as provided above. Notwithstanding the above, in the event that Optionee’s engagement with the Company should terminate for Cause, the entire unexercised Option (whether vested or not) shall ipso facto terminate. For purposes hereof, termination of Optionee’s engagement shall be deemed effective as detailed in Section 10.5 of the Plan.
Provisions for Termination. In no event may Optionee exercise this Option after the Term/Expiration Date as provided above. In the event that Optionee’s engagement with the Company should terminate, all Options, which are vested and exercisable at the time of such termination, shall be exercisable for (i) three (3) months after the date of such termination (except in the case of termination by reason of death or Disability); or (ii) six (6) months after the date of such termination by reason of Optionee’s death or Disability. Notwithstanding the foregoing, in the event of Optionee’s death within three (3) months after the date of termination, the Optionee’s estate or heirs, as applicable, may exercise all Options, which are vested and exercisable at the time of Optionee’s termination of engagement, within six (6) months after the Optionee’s death, but in no event after the Expiration Date as provided above. In the case of an ISO, if such Disability is not a “disability” as such term is defined in Section 22(e)(3) of the Code, such ISO shall be treated for tax purposes as an NQSO commencing on the lapse of three (3) months and one day following such termination. Notwithstanding the above, in the event that Optionee’s engagement with the Company should terminate for Cause, the entire unexercised Option (whether vested or not) shall ipso facto terminate.
Provisions for Termination. This Option granted to the Optionee shall be exercisable during the periods described in Section 12 of the Plan, as the case may be, provided however, that if Optionee shall cease to be a Service Provider of the Company or any Affiliate thereof, the entire unexercised Option (whether vested or not) shall expire immediately as further described in Section 12 of the Plan. Notwithstanding the preceding sentence, in no event may Optionee exercise this Option after the Term/Expiration Date as provided above. For purposes hereof, termination of Optionee's relationship as a Service Provider shall be deemed effective as detailed in Section 12 of the Plan.
Provisions for Termination. Anything herein to the contrary notwithstanding, if, after the third full fiscal year, Profit (as hereinafter defined) in any two consecutive fiscal years shall be less than the Annual Debt Service in those years, then Owner shall have the option, exercisable in the manner hereinafter provided, to terminate this Agreement, unless within sixty (60) days after receipt of the Certified Financial Statement for the second consecutive fiscal year for which the Profit is deficient as aforesaid, Hyatt elects to cure such deficiency by paying to Owner the amount of the deficiency for such second fiscal year. In the event Hyatt elects at any time to cure such deficiency in Profit, and Profit for any fiscal year subsequent to the fiscal year in which such deficiency was cured shall exceed the Annual Debt Service, Hyatt shall withhold from the Owner’s Remittance Amount the amount in excess of the Annual Debt Service for such fiscal year until Hyatt recoups the total amount of any deficiencies paid by it hereunder, without interest thereon. Owner shall exercise such option to terminate this Agreement as hereinabove provided by giving Hyatt written notice of its intention to do so within ninety (90) days after receipt of the Certified Financial Statement for the second consecutive fiscal year in which the Profit is less than the Annual Debt Service for those years.
Provisions for Termination. In the event the Optionee's employment with the Company or any Affiliate thereof shall terminate, this Option granted to the Optionee shall be exercisable during the periods described in Section 12 of the Plan, as the case may be, provided however, that if Optionee shall cease to be an employee of the Company or any Affiliate thereof, the entire unexercised Option (whether vested or not) shall expire immediately as further described in Section 12(c) of the Plan. Notwithstanding the preceding sentence, in no event may Optionee exercise this Option after the Term/Expiration Date as provided above. For purposes hereof, termination of Optionee's employment shall be deemed effective as detailed in Section 12(d) of the Plan.
Provisions for Termination. 4.9 On 16 September 2015 when Housing Select Committee first considered the proposal to extend the management agreement, it recommended that “with the level of uncertainty and associated risks at the present time, a ‘break clause’ should be considered so both parties can review the agreement at a later date.”
Provisions for Termination. The Agreement shall be subject to the termination provisions set forth in 200 KAR 5:312. This Agreement may be terminated: If the Second Party is in default of its agreement obligations, after the Commonwealth has provided the Second Party written notice of the identified deficiencies and a specified time to cure; For convenience of the Commonwealth by providing the Second Party thirty (30) calendar days written notice of termination; Immediately for cause; or Upon less than thirty (30) calendar days notice to the Second Party, upon written determination of the Commissioner of the Department for Community Based Services, for convenience of the Commonwealth. All termination notices shall be sent certified mail, return receipt requested and in accordance with 200 KAR 5:312.
