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.
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(e) 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 the earlier of (x) the EBIT Determination Date for the fiscal year in which such termination takes place and (y) 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 Incentive Bonus for such fiscal year (calculated in accordance with the first sentence of Section 2(b)) 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. (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. The Term shall terminate prior to the Scheduled Termination 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
EARLY TERMINATION OF THE TERM. (a) If Consultant voluntarily ceases performing the Services, or is convicted of a felony, or becomes physically or mentally unable to perform the Services, then, in each instance, this Agreement shall immediately cease and terminate as of such date, and all Commissions, reimbursable expenses and Consulting Fees properly earned and accruing as of such date shall be paid to Consultant or his designee(s) according to Section 3 hereof until all such amounts are paid in full.
(b) This Agreement may be terminated with or without cause by the Company upon not less than thirty (30) days prior written notice, provided, however, that if the Company terminates the Agreement without cause, then the Company will pay to Consultant the Consulting Fees for the remaining duration of this Agreement. For instance, if there are six months remaining on the Agreement when the Company terminates it without cause, then a payment of $30,000 (six months times $5,000) is due and payable at the time of such termination, as well as all earned Commissions and reimbursable expenses accruing as of such date.
(c) Upon termination under Sections 4(a) or 4(b), neither party shall have any further obligations under this Agreement, except as otherwise provided herein. Upon termination and, in any case, upon the Company’s request, Consultant shall return immediately to the Company all Confidential Information, as hereinafter defined, and copies thereof.
(d) This Agreement may also be terminated if or when replaced with a signed, mutually agreeable employment agreement, which termination shall not be deemed a termination without cause under Section 4(b) hereof.
EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his Duties, becomes physically or mentally unable to perform his 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. Termination for "Cause" shall mean termination of this Agreement by the Company because of (i) the Consultant’s willful, intentional or grossly negligent failure to perform his duties under this Agreement, (ii) conduct on the part of the Consultant that demonstrated dishonesty or deceit in his dealings with the Company, or (iii) the conviction of the Consultant or the plea of guilty or nolo contendere of any crime involving moral turpitude or any felony.
EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his Duties, other than as a result of a breach by the Company of its obligations hereunder, becomes physically or mentally unable to perform his Duties for more than sixty (60) consecutive days, or is terminated for Cause, then, in each instance, the Consulting Fee and Allowances shall cease and terminate as of such date. The Company may terminate this Agreement immediately by written notice to the Consultant for Cause if:
(i) the Consultant has materially breached this Agreement where that breach is not capable of remedy;
(ii) the Consultant has materially breached this Agreement, where capable of remedy, and the Consultant fails to remedy the breach within ten (10) business days after the date of receipt of a notice from the Company, setting out the nature of the breach and requiring him to remedy such breach; or
(iii) during the Term:
(A) the Consultant is found guilty of any offence criminal or statutory punishable by imprisonment; or
(B) the Consultant by misconduct (including the unauthorised disclosure of material Confidential Information of the Company), materially xxxxx the reputation, affairs or activities of the Company or the Company’s business.
(b) Upon termination under Section 4(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 16 hereof and the continuation of any rights accrued before termination. 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. Consultant may retain his address book to the extent it only contains contact information.
(c) Other than termination in accordance with Section 4(a), the Company shall have no right to terminate this Agreement early but may cease to utilize Consultant’s services at any time. In such event, it shall continue to fully pay Consultant the amounts due hereunder without offset for any other amounts Consultant may earn.
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, but the Company shall pay for all services rendered by the Consultant before the termination of the agreement. 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, but the Company shall pay for all services rendered by the Consultant before the termination of the agreement.
(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.
