Agreement Not to Terminate. Notwithstanding any provision to the contrary contained in this Agreement, the Company agrees that it shall not have the right to terminate Employee’s employment, other than for Cause, for a period of time commencing on the Effective Date and ending at 5:00 p.m., Dallas, Texas time, on the 180th day following the Effective Date.
Agreement Not to Terminate. We agree that, notwithstanding any provision to the contrary contained in the Employment Agreement or this Amendment, we shall not have the right to terminate your employment, other than for Cause, for a period of time commencing on the date of this Amendment and ending on the 180th day following the date of this Amendment. During this 180-day period, we will (a) disclose to you, or place you in a position to have access to or develop, Confidential Information, (b) place you in a position to develop business goodwill on behalf of the Company, and/or (c) disclose or entrust business opportunities of the Company to you.
Agreement Not to Terminate. We agree that, notwithstanding any provision to the contrary contained in this Employment Agreement, we shall not have the right to terminate your employment, other than for Cause, for a period of time commencing on the date of this Agreement and ending on the 180th day following the date of this Agreement.
Agreement Not to Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Developer, may agree by written Agreement to continue the Agreement after the occurrence of an Event of Termination.
Agreement Not to Terminate. The Plant Owners agree to structure any -------------------------- permissible sale or assignment of their interest under the Agreement so as to avoid a termination of the Tax Partnership under Section 708 (b) (1) (B) of the Code. If a termination is caused, the terminating Plant Owner will indemnify the non-terminating Plant Owners and hold them harmless from any increase in taxes, interest and penalties, recapture of deductions, decrease in credits, or any other economic detriment caused by the termination of the Partnership. The indemnification if any, shall be computed on a cash flow basis, using as discount rate of 10 percent, taking into consideration the liability for tax on any indemnification proceeds received by the non-terminating Plant Owners.
Agreement Not to Terminate. The parties acknowledge the District’s position that Employee’s admitted behaviors constitute just and sufficient cause to terminate Employee’s employment. However, the District has agreed not to terminate based on Employee’s willingness to enter into this Agreement. The parties agree that the District’s agreement not to terminate is sufficient consideration to support this binding and enforceable Agreement because without this Agreement, the District would take action to terminate Employee’s employment.
Agreement Not to Terminate. The Participants agree that if any one of --------------------------- them makes a sale or assignment of its Participating Interest under this Agreement, such sale or assignment will be structured so as not to cause a termination under Section 708(b) (1)(B) of the Code. If a Section 708 (b) (1)(B) termination is caused, the terminating Participant will indemnify the nonterminating Participant and save it harmless for any increase in taxes, interest, and penalties or decrease in credits to the nonterminating Participant caused by the termination of the partnership. The indemnification, if any, shall be computed in a cash flow basis taking into consideration the liability for tax on any indemnification proceeds received by the nonterminating Participants.
Agreement Not to Terminate. Notwithstanding any provision to the contrary contained in this Agreement, the Company agrees that it shall not have the right to terminate Employee’s employment, other than for Cause, for a period of time commencing on the Effective Date and ending at 5:00 p.m., Oklahoma City, Oklahoma time, on the 180th day following the Effective Date.
Agreement Not to Terminate. Notwithstanding any provision to the contrary contained in this Agreement, the Company agrees that it shall not have the right to terminate Rxxxxxx other than for Cause, for a period of time commencing on the Effective Date and ending at 5:00 p.m., Oklahoma City, Oklahoma time, on the 180th day following the Effective Date.
Agreement Not to Terminate. The Participants agree that if any one of them sells or assigns their respective Participating Interest under this Agreement, such sale or assignment will be structured so as to cause a termination under Section 708(b) (1)(B) of the Code. If a Section 708(b) (1)(B) termination is caused, the terminating Participant will indemnify all the non- terminating Participants and save them harmless on an after tax basis for any increase in taxes, interest, and penalties or decrease in credits to the non-terminating Participants caused by the termination of the partnership.
