Common use of Dispute Concerning Termination Clause in Contracts

Dispute Concerning Termination. If within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); provided, however, that the Date of Termination shall be extended by a notice of dispute given by the Executive only if such notice is given in good faith and the Executive pursues the resolution of such dispute with reasonable diligence.

Appears in 7 contracts

Samples: Change of Control and Retention Agreement (Riggs National Corp), Executive Employment Agreement (Union Pacific Resources Group Inc), Executive Employment Agreement (Union Pacific Resources Group Inc)

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Dispute Concerning Termination. If With respect to any purported termination of the Employee's employment after a Change in Control and prior to the end of the Change-in-Control Protective Period, if within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.311.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); providedPROVIDED, howeverHOWEVER, that the Date of Termination shall be extended by a notice of dispute given by the Executive Employee only if such notice is given in good faith and the Executive Employee pursues the resolution of such dispute with reasonable diligence.

Appears in 6 contracts

Samples: Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc)

Dispute Concerning Termination. If within fifteen (15) days ------------------------------ after any Notice of Termination Intent to Terminate is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.32.9(C)), the party receiving such Notice of Termination Intent to Terminate notifies the other party that a dispute exists concerning the termination or the provisions of this Agreement that apply to such termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); provided, however, provided further that the Date of Termination shall be extended by a notice of dispute given by the Executive only if such notice is given in good faith and the Executive party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 4 contracts

Samples: Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc)

Dispute Concerning Termination. If within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement Term ends (taking into account any extensions thereof that shall have occurredoccurred pursuant to Section 2 hereof) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction juris- diction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); provided, however, that the Date of Termination shall be extended by a notice of dispute given by the Executive only if such notice is given in good faith and the Executive pursues the resolution of such dispute with reasonable diligence.

Appears in 4 contracts

Samples: Executive Employment Agreement (Orange & Rockland Utilities Inc), Executive Employment Agreement (Orange & Rockland Utilities Inc), Executive Employment Agreement (Orange & Rockland Utilities Inc)

Dispute Concerning Termination. If With respect to any purported termination of the Employee’s employment after a Change in Control and prior to the end of the Change-in-Control Protective Period, if within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.311.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); providedPROVIDED, howeverHOWEVER, that the Date of Termination shall be extended by a notice of dispute given by the Executive Employee only if such notice is given in good faith and the Executive Employee pursues the resolution of such dispute with reasonable diligence.

Appears in 1 contract

Samples: Employment Agreement (Schulman a Inc)

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Dispute Concerning Termination. If With respect to any purported termination of the Employee's employment after a Change in Control and prior to the end of the Change-in-Control Protective Period, if within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.311.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); providedPROVIDED, howeverHOWEVER, that the Date of Termination shall be extended ex tended by a notice of dispute given by the Executive Employee only if such notice is given in good faith and the Executive Employee pursues the resolution of such dispute with reasonable diligence.

Appears in 1 contract

Samples: Employment Agreement (Schulman a Inc)

Dispute Concerning Termination. If within fifteen (15) days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this Section 7.3V.F.), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the terminationwhether a termination has properly been characterized as for Cause, Good Reason or Disability, the Date of Termination shall be extended until the earlier of (i) the date on which the term of this Agreement Employment Period ends (taking into account any extensions thereof that shall have occurred) or (ii) the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order or decree of an arbitrator or a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal therefrom has expired and no appeal has been perfected); provided, however, that the Date of Termination shall be extended by a notice of dispute given -------- ------- by the Executive only if such notice is given in good faith and the Executive pursues the resolution of such dispute with reasonable diligence.

Appears in 1 contract

Samples: Executive Employment Agreement (Efunds Corp)

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