Termination of Consultant. The Company or Consultant may terminate Consultant's service with the Company at any time and for any reason in accordance with Subsection 7(a) below. The Term shall be deemed to have ended on the last day of Consultant’s service with the Company. The Term shall terminate automatically upon Consultant’s death.
Termination of Consultant. Upon termination of the Consultant, the Consultant shall promptly return to the Company, without limitation, all documents, drawings and any other items of whatever nature supplied to the Consultant by the Company or owned by the Company pursuant to this Agreement and the Company shall pay the Consultant Accrued Expenses, if any.
Termination of Consultant. 6.1 If Optionee voluntarily terminates its status as consultant, all non-vested options received by Optionee hereunder will become immediately void and of no further effect. Further, Optionee may thereafter have 90 days to exercise all vested options following which time all such non-exercised options shall become void and of no further effect. If the Optionee is terminated as consultant by the Corporation, or if Optionee dies while serving as a consultant, all options received by Optionee shall become immediately void and of no further effect.
Termination of Consultant. Agent and Lenders consent and agree that Borrowers may terminate the engagement of the third-party business consulting firm, as required by Section 4.02 of the First Amendment entered into by the parties hereto. Borrowers acknowledge that Agent and Lenders reserve their rights to require that Borrowers engage a consultant in the future, upon the occurrence of any Default or Event of Default after the date hereof.
Termination of Consultant. The Consultant shall have the right to terminate in writing this employment agreement at the end of any of the said school years specified herein. Upon such election and acceptance by the County Office of Education, both parties shall be free from any further obligation hereunder.
Termination of Consultant. The Engagement Term and the Executive’s services hereunder may be terminated by either the Company or the Executive at any time and for any reason; provided that, unless otherwise provided herein, either party shall be required to give the other party at least 15 days advance written notice of any termination of the Executive’s engagement. Upon termination of the Executive’s services during the Engagement Term, the Executive shall be entitled to the compensation, business expense reimbursement and benefits described in this Article 2 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates.
Termination of Consultant. Upon termination of the Agreement, the Company shall pay the Consultant all accrued and unpaid fees due under Section 3.1 and any appropriate business expenses incurred by the Consultant in connection with the Services provided hereunder, all to the extent unpaid or un-reimbursed on the date of termination.
Termination of Consultant. If Consultant's services are terminated for any reason, Consultant shall have ninety (90) days following the date of termination to exercise this option, but only to the extent that this option was exercisable on such date of termination.
Termination of Consultant. Notwithstanding any provisions of this Agreement to the contrary, Consultant's engagement hereunder shall terminate prior to the expiration of the Consulting Period upon the occurrence of any of the following events: (i) the agreement of the Company and Consultant; (ii) the Consultant's breach of any term or condition of this Agreement; (iii) the failure of Consultant to perform or his becoming unable to perform, by reason of death, disability or otherwise, his duties and obligations hereunder; (iv) any act of gross negligence or willful misconduct by Consultant; or (v) any act of theft, dishonesty or fraud by Consultant. Upon such termination, all of the Company's obligations hereunder, including all payment and compensation obligations, and all of Consultant's obligations to provide services hereunder, shall immediately terminate.
Termination of Consultant. Consultant may be terminated for any reason at any time; provided, however, that (i) Consultant shall be entitled to receive the Consulting Fee for the remainder of the Consulting Period (as if he remained as a Consultant through the end of the Consulting Period) in one lump sum on the date of such termination and (ii) all Option Award Shares shall immediately vest and become immediately exercisable by Consultant. Consultant shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking employment, a consulting arrangement or otherwise, and the amount of any payment or other benefit provided for under this Agreement shall not be reduced by any compensation earned by Consultant as the result of employment or consulting arrangement after the termination of the Consulting Period, or otherwise.
