Common use of ANNUAL REVIEW AND TERMINATION Clause in Contracts

ANNUAL REVIEW AND TERMINATION. 8.1. This Scheme shall operate from the Effective Date in respect of the Academy. 8.2. This Scheme may be terminated by the Directors at any time by giving notice in writing to the LGB where intervention is either threatened or is carried out by the Secretary of State at the Academy. 8.3. Notwithstanding this being the first Scheme to apply in respect of the Academy, the Directors will have the right to review this Scheme at least on an annual basis and, where intervention is either threatened or is carried out by the Secretary of State at the Academy, to alter any provisions of it. 8.4. In considering any material changes to this Scheme or any framework on which it is based, the Directors will have regard to and give due consideration of any views of the LGB. This Scheme of Delegation was executed as a Deed on [date] Executed on behalf of the Company acting by: ............................................ in the presence of: Witness.............................. Address............................. Occupation........................ Executed on behalf of the LGB by: ............................................ In the presence of: Witness.............................. Address............................. Occupation........................

ANNUAL REVIEW AND TERMINATION. 8.1. This Scheme shall operate from the Effective Date in respect of the Academy. 8.2. This Scheme may be terminated by the Directors at any time by giving notice in writing to the LGB where intervention is either threatened or is carried out by the Secretary of State at the Academy. 8.3. Notwithstanding this being the first Scheme to apply in respect of the Academy, the Directors will have the right to review this Scheme at least on an annual basis and, where intervention is either threatened or is carried out by the Secretary of State at the Academy, to alter any provisions of it. 8.4. In considering any material changes to this Scheme or any framework on which it is based, the Directors will have regard to and give due consideration of any views of the LGB. This Scheme of Delegation was executed as a Deed on [date] Executed on behalf of the Company acting by: ............................................ in the presence of: Witness.............................. Address............................. Occupation........................ Occupation ] Executed on behalf of the LGB by: ............................................ In the presence of: Witness.............................. Address............................. Occupation........................

ANNUAL REVIEW AND TERMINATION. 8.1. 8.1 This Scheme shall operate from the Effective Date in respect of the Academy. 8.2. 8.2 This Scheme may be terminated by the Directors at any time by giving notice in writing to the LGB where intervention is either threatened or is carried out by the Secretary of State at the AcademyLGB. 8.3. 8.3 Notwithstanding this being the first Scheme to apply in respect of the Academy, the Directors will have the right absolute discretion to review this Scheme at least on an annual basis and, where intervention is either threatened or is carried out by the Secretary of State at the Academy, and to alter any provisions of it. 8.4. 8.4 In considering any material changes to this Scheme or any framework on which it is based, the Directors will have regard to and give due consideration of any views of the LGB. This Scheme of Delegation was executed as a Deed on [date] Executed on behalf of the Company acting by: ............................................ in the presence of: Witness.............................. Address............................. Occupation........................ . ] Executed on behalf of the LGB by: ............................................ In the presence of: Witness.............................. Address............................. Occupation........................ 1. CHAIRMAN, VICE-

ANNUAL REVIEW AND TERMINATION. 8.1. 9.1 This Scheme shall operate from the Effective Date in respect of the Academy. 8.2. 9.2 This Scheme may be terminated by the Directors Trustees at any time by giving notice in writing to the LGB where intervention is either threatened or is carried out by the Secretary of State at the Academy. 8.3. 9.3 Notwithstanding this being the first Scheme to apply in respect of the Academy, the Directors Trustees will have the right to review this Scheme at least on an annual basis and, where intervention is either threatened or is carried out by the Secretary of State at the Academy, to alter any provisions of it. 8.4. 9.4 In considering any material changes to this Scheme or any framework on which it is based, the Directors Trustees will have regard to and give due consideration of to any views of the LGB. This Scheme of Delegation was executed as a Deed on [date] Executed on behalf of the Company acting by: ............................................ ..................................................................... in the presence of: Witness.............................. ........................................................ Address............................. ........................................................ Occupation........................ .................................................... Executed on behalf of the LGB by: ............................................ ....................................................................... In the presence of: Witness.............................. .......................................................... Address............................. .......................................................... Occupation............................................................................ 1. CHAIR, VICE-