Termination on Sample Clauses

Termination on medical grounds If the Chief Executive becomes incapable of properly performing [his/her] functions or duties as a result of mental or physical impairment or illness, the Board may terminate this Agreement on medical grounds by giving at least three months’ notice (or pay in lieu of notice) to the Chief Executive. 11.3.1 Before terminating this Agreement under Clause 11.3, the Board shall require the Chief Executive to undergo a medical examination by a registered medical practitioner nominated by the Board or, if the Chief Executive prefers, two medical practitioners, one nominated by the Board and the other by the Chief Executive, and shall take into account any reports or recommendations made available to it as a result of that examination and any other relevant medical reports or recommendations that it might receive, or which may be tendered to it by or on behalf of the Chief Executive.
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Termination on. “Change of Control”.
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Termination on financial grounds: the School may terminate the award on one term's notice in writing if, in the opinion of the School Governors acting in good faith:
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Termination on the Closing Date of the existing management agreement between the Seller and the Company, without penalty to either party to the said agreement.
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Termination on. [*]. If at any time during the Term, (i) Corixa breaches Section 4.2(b) hereof and fails to cure such breach; (ii) the Development Steering Committee determines that a Licensed Product cannot be made, used, or sold [*] and either (A) the Development Steering Committee also determines that there is no reasonable strategy for [*] or (B) subsequent efforts to [*] are unsuccessful after nine (9) months after such determination by the Development Steering Committee that a Licensed Product cannot be made, used, or sold [*] (provided that the Development Steering Committee shall be required to meet and to make either of the foregoing determinations upon the request of either party following the [*]); or (iii) any lawsuit is filed against Kirin, its Affiliates or sublicensees, or a legal complaint sufficient to be filed is officially delivered to Kirin, its Affiliates or sublicensees but has not been filed in a court of law, in each case alleging that the development, manufacture, use or sale of Licensed Products [*] (an "[*] Claim"), which [*] Claim is not resolved by Corixa to the reasonable satisfaction of Kirin or dismissed in a final ruling not subject to appeal within one hundred eighty (180) days after such [*] Claim is brought or (iv) Corixa fails to timely defend Kirin from any [*] Claim or to timely indemnify Kirin from Damages arising out of or relating to such [*] Claim in accordance with Section 4.2(b) of this Agreement, then Kirin shall have the right to terminate this Agreement, either in its entirety or solely with respect to those territories or countries in which Corixa's acts or omissions have materially affected Kirin's rights to research, develop, and/or commercialize Licensed Products in such territories or countries, by giving written notice of such termination to Corixa, which termination shall go into effect sixty (60) days following delivery of such notice (unless Corixa has cured the circumstance in subsection (i), (ii), (iii) or (iv), as applicable, to Kirin's reasonable satisfaction within such sixty (60) day period).
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Termination on. RETIREMENT This Agreement shall be terminated by the Executive's voluntary retirement that retirement shall be effective on the last day of any fiscal year, provided that the effective date of retirement occurs after the Executive's 65th birthday, and that the Executive gives the Employer three months' prior written notice.
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Termination on medical grounds If the Chief Executive becomes incapable of properly performing [his/her] functions or duties as a result of mental or physical impairment or illness, the Board may terminate this Agreement on medical grounds by giving at least three months’ notice (or pay in lieu of notice) to the Chief Executive.
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Related to Termination on

  • Termination on Death If this Agreement terminates pursuant to the death of Executive under subsection 6(e), then the Company shall pay to Executive’s wife, if she has not predeceased him and if she is married to Executive on the date of his death, a lump sum payment (the “Widow Payment”) in cash equal to one year of Executive’s salary at the then current rate in effect at the time of Executive’s death. The Company shall make the Widow Payment within 60 calendar days after the Executive’s death. If Executive is not married at the time of his death or if Executive’s wife has predeceased Executive, the Company shall not be obligated to make any payment to Executive’s estate. If the Company elects to purchase life insurance for Executive to fund, in whole or in part, its obligations under this subsection 7(d), Executive agrees to designate his wife as the primary beneficiary of such insurance while he is married, and any payment of the Widow Payment by the Company will be less the sum of any life insurance purchased by the Company payable to Executive’s beneficiaries upon his death. Additionally, in the event of Executive’s death, the Company shall pay to Executive’s wife, or his estate if she has predeceased him or is not married to him on the date of his death, Executive’s accrued but unpaid salary and any amount due (and not previously paid) to Executive under subsection 3(e) for reasonable expenses incurred by Executive in the performance of his duties hereunder.

  • Termination on Death or Disability Upon a termination of employment due to the Executive’s death or Disability, the Company shall have no further liability or further obligation to the Executive except that the Executive (or, if applicable, his estate or designated beneficiaries under any Company-sponsored employee benefit plan in the event of his death) shall be entitled to receive:

  • Termination on Change of Control 26.12.1 The Supplier shall notify the Authority immediately in writing if the Supplier undergoes a change of control within the meaning of Section 450 of the Corporation Tax Act 2010 ("Change of Control") and provided this does not contravene any Law shall notify the Authority immediately in writing of any circumstances suggesting that a Change of Control is planned or in contemplation. The Authority may terminate this Framework Agreement by giving notice in writing to the Supplier with immediate effect within six (6) Months of:

  • Mandatory Termination In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.

  • Termination of Employment Due to Death The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Termination After a Change in Control You will receive Severance Benefits under this Agreement if, during the Term of this Agreement and after a Change in Control has occurred, your employment is terminated by the Company without Cause (other than on account of your Disability or death) or you resign for Good Reason.

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Covered Termination “Covered Termination” shall mean Executive’s Constructive Termination or the termination of Executive’s employment by the Company other than for Cause.

  • Termination of Employment Change of Control (a) In the event of the Participant’s death prior to the termination of his Continuous Service, any unvested Stock Units shall immediately vest and the underlying Unit Shares shall be immediately delivered to the Participant’s beneficiary or beneficiaries.

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