Common use of EARLY TERMINATION OF THE TERM Clause in Contracts

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.

Appears in 3 contracts

Samples: Consulting Agreement (American Boarding Co), Consulting Agreement (Microlin Bio, Inc.), Consulting Agreement (Microlin Bio, Inc.)

AutoNDA by SimpleDocs

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 's request, the Consultant shall return immediately to the Company all Confidential Information, as hereinafter defined, and copies thereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Ember Therapeutics, Inc. - Ny), Consulting Agreement (American Boarding Co), Consulting Agreement (American Boarding Co)

EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her his Duties, becomes physically or mentally unable to perform his/her 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 faithfaith by the Company’s Board of Directors. (b) This Agreement may be terminated without cause by either party upon not less than fifteen thirty (1530) 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.

Appears in 1 contract

Samples: Consulting Agreement (Axsome Therapeutics, Inc.)

EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her its Duties, becomes physically or mentally unable to perform his/her its 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 faithfaith by the Company’s Board of Directors. (b) This Agreement may be terminated without cause by either party upon not less than fifteen thirty (1530) 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.

Appears in 1 contract

Samples: Consulting Agreement (Teliphone Corp)

EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her Dutiesduties, becomes physically or mentally unable to perform his/her Dutiesduties, or is terminated for cause, then, in each instance, the Consulting Fee fee shall cease and terminate as of such date. Any termination “For Cause” shall be made in good faithfaith by the Company’s Board of Directors. (b) This Agreement agreement may be terminated without cause by either party upon not less than fifteen thirty (1530) 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 Agreementagreement, 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.

Appears in 1 contract

Samples: Consulting Agreement

AutoNDA by SimpleDocs

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 six months (156) 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 's request, the Consultant shall return immediately to the Company all Confidential Information, as hereinafter defined, and copies thereof.

Appears in 1 contract

Samples: Consulting Agreement (Ember Therapeutics, Inc. - Ny)

EARLY TERMINATION OF THE TERM. (a) If the Consultant voluntarily ceases performing his/her his Duties, becomes physically or mentally unable to perform his/her 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. (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.

Appears in 1 contract

Samples: Consulting Agreement (Microlin Bio, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!