Termination of Xx Sample Clauses

Termination of Xx. Xxxx'x employment under any of the following circumstances shall not constitute a breach of this Employment Agreement:
Sample 1See All (4)
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Termination of Xx. Xxxxxxxxx'x Employment. Effective as of the date of this Agreement (the "Effective Date"), Xx. Xxxxxxxxx resigns from all of his positions with the Company, Realty, and Credit and any of their employee benefit plans, other than as a Director of the Company, including the following: Chairman of the Board and Chief Executive Officer, a member of the Executive Committee and of the Directors Committee of the Board of Directors of the Company, Chairman of the Board and Chief Executive Officer and a director of Realty and Chairman of the Board and Chief Executive Officer and a director of Credit. Xx. Xxxxxxxxx will answer inquiries from the Company, Realty or Credit regarding aspects of the Company's, Realty's and Credit's business affairs of which he has knowledge and which occurred during his employment.
Sample 1
Termination of Xx. Xxxxxxxxx'x employment with Xxxxxxxx shall not of itself make unexercisable any unexercised options to purchase stock of Xxxxxxxx except and to the extent expressly provided for (or referenced) in the agreements evidencing such options.
Sample 1
Termination of Xx. Xxxxxxx'x employment with the Company or its successors, regardless of the cause or circumstances thereof and whether such termination was voluntary or involuntary. Further, Xx. Xxxxxxx'x covenants of nondisclosure, noncompetition and nonsolicitation along with the Company's remedies for the breach or threatened breach of those covenants shall remain in effect in accordance with their respective terms following any termination of this Agreement.
Sample 1
Termination of Xx. Xxxxxx'x Employment. Effective December 20, 1996, Xx. Xxxxxx resigns from all of his positions with the Company, Realty, and Credit and any of their employee benefit plans, including the following: President, director and a member of the Executive Committee of the Board of Directors of the Company, President and a director of Realty and President and a director of Credit. Xx. Xxxxxx will answer inquiries from the Company, Realty or Credit regarding aspects of the Company's, Realty's and Credit's business affairs of which he has knowledge and which occurred during his employment.
Sample 1
Termination of Xx. XXXXX’X SUBSCRIPTION AGREEMENT References are made to (i) the circular (the “Circular”) of the Company dated 27 April 2019 in relation to, among others, the Proposed Restructuring; (ii) the poll results announcement (the “Poll Results Announcement”) of the Company dated 29 May 2019; and (iii) the announcements of the Company dated 30 May 2019, 5 June 2019 and 13 June 2019 in relation to revised timetable for the Proposed Restructuring. Unless otherwise stated, capitalised terms used in this announcement shall bear the same meanings as defined in the Circular and the Poll Results Announcement. In view of the stringent timetable for the Proposed Restructuring, on 14 June 2019, the Company and Xx. Xxxxx entered a deed of termination (the “Xx. Xxxxx Termination Deed”) to terminate the Xx. Xxxxx’x Subscription Agreement so as to expedite the completion of the transactions contemplated under the Proposed Restructuring. Pursuant to the Xx. Xxxxx Termination Deed, with effect from the date thereof, the Company and Xx. Xxxxx shall release and discharge each other from its/her respective obligations under the Xx. Xxxxx’x Subscription Agreement and all obligations of the parties thereunder or in respect of the Xx. Xxxxx’x Subscription Agreement shall be fully discharged and no party to the Xx. Xxxxx’x Subscription Agreement shall have any claim of any nature whatsoever against the other party arising from or in connection with the Xx. Xxxxx’x Subscription Agreement. As a result of the termination of the Xx. Xxxxx’x Subscription Agreement, the transactions under the Proposed Restructuring will no longer be subject to the Takeovers Code. In this connection, the Whitewash Waiver is no longer applicable. With the termination of the Xx. Xxxxx’x Subscription Agreement, the Proposed Restructuring will be carried on with the New Placing. Rule 25 of the Takeovers Code is therefore no longer applicable. The proposed settlement of the indebtedness due to the Creditors, who are Shareholders, under the Creditors’ Scheme shall not constitute the Special Deal and the consent to the Special Deal is no longer applicable. Relevant conditions precedent to the Acquisition Agreement, the Creditors Scheme, the YM Subscription Agreement and the Underwriting Agreement relating to the Executive granting consent under Rule 25 of the Takeovers Code in respect of Special Deal contemplated under the Creditors’ Scheme will no longer be applicable. Under Rule 31.1(c) of the Takeovers Code, except ...
Sample 1

Related to Termination of Xx

  • 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.

  • 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.

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • 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.

  • 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.

  • Termination of 401(k) Plan The Company agrees to terminate its 401(k) plan immediately prior to the Closing, unless Parent, in its sole and absolute discretion, agrees to sponsor and maintain such plan by providing the Company with notice of such election at least five days before the Effective Time.

  • Termination of Possession Terminate Tenant’s right to possess the Premises without terminating this Lease by giving written notice thereof to Tenant, in which event Tenant shall pay to Landlord (a) all Rent and other amounts accrued hereunder to the date of termination of possession, (b) all amounts due from time to time under Section 19.1, and (c) all Rent and other net sums required hereunder to be paid by Tenant during the remainder of the Term, diminished by any net sums thereafter received by Landlord through reletting the Premises during such period, after deducting all costs incurred by Landlord in reletting the Premises. If Landlord elects to terminate Tenant’s right to possession without terminating this Lease, and to retake possession of the Premises (and Landlord shall have no duty to make such election), Landlord shall use reasonable efforts to relet the Premises as further described in Section 19.4 below. Provided Landlord substantially complies with Section 19.4, Landlord shall not be liable for, nor shall Tenant’s obligations hereunder be diminished because of, Landlord’s failure to relet the Premises or to collect rent due for such reletting. Tenant shall not be entitled to the excess of any consideration obtained by reletting over the Rent due hereunder. Reentry by Landlord in the Premises shall not affect Tenant’s obligations hereunder for the unexpired Term; rather, Landlord may, from time to time, bring an action against Tenant to collect amounts due by Tenant, without the necessity of Landlord’s waiting until the expiration of the Term. Unless Landlord delivers written notice to Tenant expressly stating that it has elected to terminate this Lease, all actions taken by Landlord to dispossess or exclude Tenant from the Premises shall be deemed to be taken under this Section 18.2. If Landlord elects to proceed under this Section 18.2, it may at any time elect to terminate this Lease under Section 18.1;

  • Termination of Company Upon the completion of the liquidation of the Company and the distribution of all Company assets, the Company's affairs shall terminate and the Liquidator shall cause to be executed and filed an appropriate certificate, if required, to such effect in the proper governmental office or offices, as well as any and all other documents required to effectuate the termination of the Company.

  • Termination of Plan The Sponsor may terminate the Plan and the Trust with respect to all Employers by executing and delivering to the Committee and the Trustee, a notice of termination, specifying the date of termination.

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