Termination of Mr Sample Clauses

Termination of Mr. Roberson's employment xxxx xxx Xorporation for any reason whatsoever other than Mr. Roberson's death, dixxxxxxxx, xxxxrement, or termination after a change in control of the Corporation.
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Termination of Mr. Xxxxxxx'x xxxloyment with CytRx, regardless of the reason therefor, Mr. Xxxxxxx xxxees that he will not work as a consultant for or directly or indirectly perform services anywhere in the world for himself or any other person, firm or corporation in any capacity involving the study, development, use, manufacture or marketing of all formulations and methods using the surface-active copolymers described in U.S. Patent No. 4,801,452, U.S. Patent Application Serial No. 291,925, U.S. Patent Application Serial No. 107,358, U.S. Patent Application Serial No. 208,335, and U.S. Patent Application Serial No. 150,731. The foregoing shall not preclude (1) the employment of Mr. Xxxxxxx, xxether as a director, officer, employee, consultant or otherwise, by a research partner, joint venture partner, licensee or other person, or corporation or entity that at such time is authorized by CytRx to have rights in or to restricted products, or (2) the ownership by Mr. Xxxxxxx xx investment securities representing not more than three (3) per cent of the outstanding voting securities of company engaged in a pharmaceutical business, whose stock and/or securities are traded on a national stock exchange or national quotations system, provided that such investment is passive and not with the intention of controlling such business.
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Termination of Mr. Xxxxxxx xx the Purchaser without Cause. If the employment of Mr. Xxxxxxx xx terminated by the Purchaser without cause pursuant to the Employment Agreement, this Section 7.3 will terminate.
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Termination of Mr. XXXXXXXXX'X XXXLOYMENT. Effective as of May 7, 1999 (the "Effective Date"), Mr. Xxxxxxxxx xxxigns from all of his positions with the Company, including, without limitation, as Senior Vice President, Store Operations and Visual Merchandising.
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Termination of Mr. Xxxxxxxxxx'x xxxloyment under any of the following circumstances shall not constitute a breach of this Employment Agreement:
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Termination of Mr. Lestixx'x Xxxxxxment by the Company without Good Caxxx, xx xx Xx. Lestina for Good Reason. Upon the Company's terminaxxxx xx Xx. Lestina's employment (unless such employment is terxxxxxxx xxx "Good Cause" (as that term is defined below)), or Mr. Lestina's termination of his employment for "Good Xxxxxx" (xx xxat term is defined below) (either of those events being referred to herein as a "Qualifying Termination"), the Company will pay to Mr. Lestina the Severance Benefit (as that term is defixxx xxxxx), pro rata over a period of two (2) years following the "Termination Date" (as hereinafter defined), without interest; provided that in the event such a Qualifying Termination occurs within a period of three (3) years following a "Change of Control" (as hereinafter defined) of the Company, then the entire amount of the Severance Benefit shall be paid in a lump sum within thirty (30) days after the Termination Date. The date upon which Mr. Lestina's employment with the Company ceases is refxxxxx xx xxxxin as the "Termination Date."
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Termination of Mr. Wiegert On March 22, 1993, the Board held a sxxxxxx xxxting (the "Meeting") for the purpose of considering whether to remove Mr. Wiegert from his positions as Chairman, President and Chief Executixx Xxxxxxx of the Company and whether to terminate in all other respects his employment by the Company. On the day of the Meeting, Mr. Wiegert took various steps intended to frustrate the holding of txx Xxxxxxx. These steps included changing all locks on entrances to the Company's facilities; posting guards at entrances to the Company's facilities; and prohibiting certain Company employees from entering the Company's offices. Also on the day of the Meeting, Mr. Wiegert advised certain Board members that they would be denied entrxxxx xx xxx Company's office, which had been designated as the location for the Meeting. As a result of Mr. Wiegert's conduct, the place of the Meeting was changed. All xxxxxxxxx, including Mr. Wiegert, were advised in writing of the new Meeting place.
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Termination of Mr 
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Related to Termination of Mr

  • Termination of Master AAU This Master AAU may be terminated by either party hereto upon five business days’ written notice to the other party; provided, however, that with respect to any Offering for which an AAU was sent prior to such notice, this Master AAU as it applies to such Offering will remain in full force and effect and will terminate with respect to such Offering in accordance with Section 9.1 hereof.

  • Termination of Master Lease If the Master Lease terminates for any reason prior to the expiration or other termination of this Sublease, this Sublease shall terminate concurrently therewith without any liability of Sublandlord to Subtenant and, except for any Subtenant obligations hereunder arising on or prior to the termination of this Sublease, following Subtenant’s surrender in compliance with Section 4.2 hereof, Subtenant’s obligations hereunder shall terminate, except with respect to any indemnification or hold harmless obligations of Subtenant, which shall survive such termination.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of Manager If (a) the amounts evidenced by the Note have been accelerated pursuant to Section 8.1(b) hereof, (b) the Manager shall become insolvent, (c) the Manager is in default under the terms of the Management Agreement beyond any applicable grace or cure period, or (d) Manager is not managing the Property in accordance with the management practices of nationally recognized management companies managing similar properties in locations comparable to those of the Property, then, in the case of (a), (b), (c) or (d), Borrower shall, at the request of Lender, terminate the Management Agreement and replace the Manager with a manager reasonably approved by Lender on terms and conditions reasonably satisfactory to Lender, it being understood and agreed that the management fee for such replacement manager shall not exceed then prevailing market rates. In addition and without limiting the rights of Lender hereunder or under any of the other Loan Documents, in the event that (i) the Management Agreement is terminated, (ii) the Manager no longer manages the Property, or (iii) a receiver, liquidator or trustee shall be appointed for Manager or if Manager shall be adjudicated a bankrupt or insolvent, or if any petition for bankruptcy, reorganization or arrangement pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by or against, consented to, or acquiesced in by, Manager, or if any proceeding for the dissolution or liquidation of Manager shall be instituted, then Borrower (at Borrower's sole cost and expense) shall immediately, in its name, establish new deposit accounts separate from any other Person with a depository satisfactory to Lender into which all Rents and other income from the Property shall be deposited and shall grant Lender a first priority security interest in such account pursuant to documentation satisfactory in form and substance to Lender.

  • Termination of Membership The membership of a Member in the Company shall terminate upon the occurrence of events described in the Act, including registration and withdrawal. If for any reason the membership of a Member is terminated, the Member whose membership has terminated loses all Membership Voting Interests and shall be considered merely as Assignee of the Membership Economic Interest owned before the termination of membership, having only the rights of an unadmitted Assignee provided for in Section 9.7 hereof.

  • Termination of Multiple REMICs If the REMIC Administrator makes two or more separate REMIC elections, the applicable REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the related Uncertificated REMIC Regular Interests and the last distribution due on the Certificates is made.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Termination of Rights The right of first refusal granted the --------------------- Company by Section 3(b) above and the option to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act. Upon termination of the right of first refusal described in Section 3(b) and the expiration or exercise of the Repurchase Option, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend referred to in Section 6(a)(ii) below and delivered to Purchaser.

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

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