EARLY TERMINATION OF THE TERM Sample Clauses

EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her Duties, becomes physically or mentally unable to perform his/her Duties, or is terminated for cause, then, in each instance, the Consulting Fee shall cease and terminate as of such date. Any termination “For Cause” shall be made in good faith. (b) This Agreement may be terminated without cause by either party upon not less than fifteen (15) days prior written notice by either party to the other. (c) Upon termination under Sections 4(a) or 4(b), neither party shall have any further obligations under this Agreement, except for the obligations which by their terms survive this termination as noted in Section 16 hereof. Upon termination and, in any case, upon the Company’s request, the Consultant shall return immediately to the Company all Confidential Information, as hereinafter defined, and copies thereof.
AutoNDA by SimpleDocs
EARLY TERMINATION OF THE TERM. The Term shall terminate prior to its scheduled expiration date upon the occurrence of any of the following events. (a) The Term and the Executive’s employment hereunder shall terminate upon written notice to the Executive by the Company specifying Disability as the basis for such termination. In respect of such termination, the Company shall pay to the Executive (i) within thirty (30) days after such termination, the Executive’s earned but unpaid Base Salary, earned but unused vacation (determined in accordance with the Company’s standard vacation policy and practices) and reimbursement for expenses incurred (in accordance with Section 2(d) hereof), all as of the date of such termination (the “Accrued Obligations”), and (ii) as soon as practicable and in any event no later than two and one half (2 1/2) months following the end of the fiscal year in which such termination takes place, an amount equal to the Bonus Award that would have been earned for such fiscal year multiplied by a fraction, the numerator of which is the number of days in the period commencing on January 1 of such fiscal year and ending on the date of such termination (inclusive) and the denominator of which is 365 (the “Termination Bonus Amount”). The Executive shall not be entitled to any further compensation or payments under this Agreement. “Disability” shall mean a physical or mental impairment of the Executive that (A) qualifies the Executive for (x) disability benefits under any long-term disability plan maintained by the Company or (y) Social Security disability benefits or (B) has prevented or, at the date of determination, will reasonably be likely to prevent, the Executive from performing the essential functions of his position for a period of six (6) consecutive months. The existence of a Disability shall be determined by the Board in its absolute discretion. The Executive agrees to submit to medical examinations by a licensed medical doctor selected by the Board to determine whether a Disability exists, as the Board may request from time to time.
EARLY TERMINATION OF THE TERM. Without contravening the provisions of the above clauses, "THE LESSEE may terminate the contractual relationship by submitting a written request to the branch that it contracted in the following cases:
EARLY TERMINATION OF THE TERM. ‌ If the Contract is terminated or determines for any reason in accordance with the terms of the Contract then this Lease shall automatically determine on the same date without any further notice being served under this Lease but without prejudice to any claim by either party against the other in respect of any antecedent breach of any covenant or condition contained in this Lease and on such determination it shall be lawful for the Landlord at any time thereafter to re-enter the Property or any part of the Property in the name of the whole.
EARLY TERMINATION OF THE TERM. The Term and the Executive's employment hereunder shall terminate prior to the Scheduled Termination Date upon written notice to the Executive by the Company or to the Company by the Executive for any reason. In respect of any such termination, the Company shall pay to the Executive within thirty (30) days after such termination, the Executive's earned but unpaid Annual Base Salary, earned but unused vacation (determined in accordance with the Company's standard vacation policy and practices) and reimbursement for expenses incurred (in accordance with Section 2(e) hereof), all as of the date of such termination.
EARLY TERMINATION OF THE TERM. (a) This Agreement may be terminated without cause by either party upon not less than thirty (30) days’ prior written notice by either party to the other. (b) Upon termination under Section 5(a), neither party shall have any further obligations under this Agreement, except for the obligations which by their terms survive this termination as noted in Section 17 hereof. Upon termination, and in any case upon the Company’s request, Consultant shall return immediately to the Company all Confidential Information and copies thereof.
EARLY TERMINATION OF THE TERM. This Agreement may be terminated without cause by either party upon not less than thirty (30) days prior written notice by either party to the other. BIRAC can terminate the agreement if the Empanelled Firm voluntarily ceases performing the Duties or “for cause”, in case of any material breach of the terms agreed to. Any termination “For Cause” shall be made in good faith by the BIRAC. Upon termination, neither party shall have any further obligations under this Agreement, except for the obligations to maintain confidentiality. The financial liability shall cease as of such termination date. Upon termination the Empanelled Firm shall return all Confidential Information, as hereinafter defined, and copies thereof.
AutoNDA by SimpleDocs
EARLY TERMINATION OF THE TERM. ICC and CLI may terminate the Term upon ninety (90) days written notice given to RSGC at any time prior to the expiry date of this Agreement, accompanied by payment, by bank draft or cashier's cheque payable to RSGC, of all amounts due and owing to RSGC under this Agreement at the date of such payment ("Payment Amount"). RSGC may terminate the Term upon thirty (30) days written notice given to ICC and CLI at any time for any reason prior to the expiry date of this Agreement.
EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her Duties, becomes physically or mentally unable to perform his/her Duties, or is terminated for cause, then, in each instance, the Consulting Fee shall cease and terminate as of such date. (b) This Agreement may be terminated without cause by either party upon not less than thirty (30) days prior written notice by either party to the other. (c) Upon termination under Sections 4(a) or 4(b), neither party shall have any further obligations under this Agreement, except for the obligations which by their terms survive this termination as noted in Section 16 hereof. Upon termination, and in any case upon the Company’s request, Consultant shall return immediately to the Company all Confidential Information and copies thereof.
EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her Duties, becomes physically or mentally unable to perform his/her Duties, or is terminated for cause, then, in each instance, the Consulting Fee shall cease and terminate as of such date. Any termination “For Cause” shall be made in good faith by the CLIENT or its Board of Directors. (b) This Agreement may be terminated without cause by either party upon not less than two (2) business days prior written notice by either party to the other. (c) Upon termination under Sections 4(a) or 4(b), neither party shall have any further obligations under this Agreement, except for the obligations which by their terms survive this termination as noted in Section 16 hereof. Upon termination and, in any case, upon the CLIENT’s request, the Consultant shall return immediately to the CLIENT all Confidential Information, as hereinafter defined, and copies thereof. (d) If there is a dispute arising from any work performed. Any legal counseling or arbitration fees that are incurred by the Consultant shall be payable by the CLIENT and NOT the Consultant. (e) Any monies or fees that are owed to the Consultant shall be paid within two (2) business days upon early termination of this agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!