Common use of Right of Termination Clause in Contracts

Right of Termination. 13.1 Company and Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks written notice to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14.

Appears in 5 contracts

Samples: Consulting Agreement (Mantra Venture Group Ltd.), Consulting Agreement (Mantra Venture Group Ltd.), Consulting Agreement (Mantra Venture Group Ltd.)

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Right of Termination. 13.1 11.1 The Company and Consultant the CONSULTANT shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks ninety (90) days written notice. Upon termination of this Agreement the CONSULTANT shall continue to work with the Company to fulfill the obligations of this Agreement during the notice to the other period and this period will be paid for per terms of samethis Agreement. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14.

Appears in 5 contracts

Samples: Consulting Management Agreement (Cannabis Science, Inc.), Consulting Management Agreement (Cannabis Science, Inc.), Consulting Management Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice after eleven months of service to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. The Company’s right of termination pursuant to this section 13.1 shall be in addition to the Company’s rights pursuant to below section 14.

Appears in 4 contracts

Samples: Independent Consulting Agreement (Cannabis Science, Inc.), Consulting Agreement (Cannabis Science, Inc.), Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks sixty (60) days written notice not inconsistent with Section 12. Upon termination of this Agreement all monies due to the other contractors will be considered paid in full for the Term the Services were performed. Upon termination of same. In this Agreement, during the event notice period the Consultant shall continue to work with the Company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14Agreement.

Appears in 3 contracts

Samples: Management Agreement (Cannabis Science, Inc.), Management Agreement (Cannabis Science, Inc.), Management Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its their sole discretion by giving not less than 2 weeks 1 month written notice to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. The Company’s right of termination pursuant to this section 13.1 shall be in addition to the Company’s rights pursuant to below section 14.

Appears in 2 contracts

Samples: Consulting Agreement (Urban Barns Foods Inc.), Consulting Agreement (Urban Barns Foods Inc.)

Right of Termination. 13.1 8.2.1. The Company and Consultant shall each have the right to terminate this Agreement Agreement, with or without Cause at any time in its sole discretion by giving not less than 2 weeks upon thirty (30) days’ prior written notice to the other Advisor, by the vote of samea majority of the Company’s Independent Directors. In the event of such terminationthat this Agreement shall have been terminated by the Company for Cause, the Company shall deliver have the right to Consultant only that portion of offset any direct damages to the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of Company caused by the actions giving rise to such termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14for Cause against any amount otherwise payable under Section 8.3.

Appears in 2 contracts

Samples: Advisory Agreement (Arizona Land Income Corp), Advisory Agreement (Arizona Land Income Corp)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice notice. Upon termination of this agreement all monies due to the other contractors will be considered paid in full for the term the services were performed. Upon termination of same. In this agreement the event consultant shall continue to work with the company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14agreement.

Appears in 2 contracts

Samples: Consulting Agreement (Cannabis Science, Inc.), Consulting Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice notice. Upon termination of this Agreement all monies due to the other contractors will be considered paid in full for the term the services were performed. Upon termination of same. In this Agreement the event Consultant shall continue to work with the Company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion this Agreement during the notice period and this period will be paid for per terms of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14agreement.

Appears in 2 contracts

Samples: Management Agreement (Cannabis Science, Inc.), Management Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice notice. Upon termination of this Agreement all monies due to the other contractors will be considered paid in full for the term the services were performed. Upon termination of same. In this Agreement the event Consultant shall continue to work with the Company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14Agreement.

Appears in 2 contracts

Samples: Management Agreement (Cannabis Science, Inc.), Management Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice notice. Upon termination of this Agreement all monies due to the other contractors will be considered paid in full for the term the services were performed. Upon termination of same. In this Agreement the event Consultant shall continue to work with the Company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion this Agreement during the notice period and this period will be paid for per terms of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14Agreement.

Appears in 1 contract

Samples: Management Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks ninety (90) days written notice. Upon termination of this Agreement the Consultant shall continue to work with the Company to fulfill the obligations of this Agreement during the notice to the other period and this period will be paid for per terms of samethis Agreement. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14.

Appears in 1 contract

Samples: Consulting Agreement (Cannabis Science, Inc.)

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Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice after twenty-four (24) years of service to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. The Company’s right of termination pursuant to this section 13.1 shall be in addition to the Company’s rights pursuant to below section 14.

Appears in 1 contract

Samples: Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice notice. Upon termination of this agreement all monies due to the other contractors will be considered paid in full for the term the services were performed. Upon termination of same. In this agreement, the event consultant shall continue to work with the company to fulfill the obligations of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14agreement.

Appears in 1 contract

Samples: Management Agreement (Castor Management Services Inc.)

Right of Termination. 13.1 7.2.1 The Company and Consultant shall each have the right to terminate this Agreement Agreement, with or without Cause at any time in its sole discretion by giving not less than 2 weeks upon ninety (90) days' prior written notice to the other Advisor, by the vote of samea majority of the Company's Independent Directors. In the event of such terminationthat this Agreement shall have been terminated by the Company for Cause, the Company shall deliver have the right to Consultant only that portion of offset any direct damages to the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of Company caused by the actions giving rise to such termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14.for Cause against any amount otherwise payable under Section 7.3

Appears in 1 contract

Samples: Advisory Agreement (Pacific Office Properties Trust, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks ninety (90) days written notice notice. Upon termination of this Agreement all shares issued to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be considered paid in addition full and fully earned. Upon termination of this Agreement the Consultant shall continue to Company’s rights pursuant work with the Company for the notice period to below section 14fulfill the obligations of this Agreement.

Appears in 1 contract

Samples: Consulting  agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and Consultant the Senior Advisor shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks 30 days written notice after eleven months of service to the other of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. The Company’s right of termination pursuant to this section 13.1 shall be in addition to the Company’s rights pursuant to below section 14. The Parties may, however, terminate this Agreement by mutual written consent.

Appears in 1 contract

Samples: Senior Advisor Agreement (Cannabis Science, Inc.)

Right of Termination. 13.1 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than 2 weeks ninety (90) days written notice. Upon termination of this Agreement the Consultant shall continue to work with the Company to fulfill the obligations of this Agreement during the notice to the other period and this period will be paid for per terms of same. In the event of such termination, Company shall deliver to Consultant only that portion of the Compensation that has accrued as calculated on a daily pro-rated basis. Company’s right of termination pursuant to this section 13.1 shall be in addition to Company’s rights pursuant to below section 14Agreement.

Appears in 1 contract

Samples: Customer Acquisition and Consulting Agreement (Bemax, Inc.)

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