Common use of Cancellation of General Partner Employee Services Clause in Contracts

Cancellation of General Partner Employee Services. The General Partner may terminate any of the General Partner Employee Services on 30 days’ prior written notice to Chesapeake Management; provided, however, that a complete termination of all General Partner Employee Services shall be subject to the notice provisions of the last sentence of Section 6.1. In the event the General Partner terminates the General Partner Employee Services, the General Partner shall pay Chesapeake Management the monthly installment for the last month (or portion thereof) in which it received such terminated services. Upon payment thereof, the General Partner shall have no further services payment obligations to Chesapeake Management pursuant to this Agreement with respect to such terminated services.

Appears in 5 contracts

Samples: Employee Secondment Agreement, Employee Secondment Agreement, Employee Secondment Agreement (Chesapeake Midstream Partners, L.P.)

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