ENGAGEMENT TERMINATION Sample Clauses

ENGAGEMENT TERMINATION. (a) This agreement confirms the basis upon which Employee has been engaged as an employee of the Company and the Company's wholly-owned subsidiary, Lernout & Hauspie Speech Products USA, Inc. following the Merger. Employee shall report to the President of the -------------------------------------------------------------------------------- EMPLOYMENT AGREEMENT Page 1 Language Technologies Division or such other Senior Executive Officer of the Company as the Company shall determine in its reasonable discretion. (b) Employee shall perform the duties assigned to him from time to time by the Company in accordance with the terms of this Agreement for a period of one (1) year following the Effective Time (the "Term"), subject to each party's right to terminate the Agreement as set forth in this Section 2. Upon termination of this Agreement, the obligations of the Company and Employee hereunder shall terminate. Notwithstanding any other provision of this Agreement, if the Merger is not consummated in accordance with the terms of the Merger Agreement, this Agreement shall be null and void as if it were never entered into. (c) Employee may terminate his employment under this Agreement upon sixty (60) days' written notice with the understanding that Employee will not be entitled to any termination or severance benefits in the event of such termination except payment of any salary, bonus or other compensation due but not previously paid to Employee through the date of termination of Employee's employment. (d) The Company may terminate Employee's employment under this Agreement for cause (as defined below) without notice with the understanding that Employee will not be entitled to any termination or severance benefits in the event of such termination except payment of any salary due but not previously paid to Employee through the date of termination. "Cause" for purposes of termination of Employee's employment by the Company shall be defined as:
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ENGAGEMENT TERMINATION. The engagement of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:
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ENGAGEMENT TERMINATION. The engagement of the Consultant by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:
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ENGAGEMENT TERMINATION. This agreement confirms the basis upon which Employee has been engaged as an employee of the Company and the Company's wholly-owned subsidiary, Lernout & Hauspie Speech Products USA, Inc. following the Merger. Employee shall report to the President of the Language Technologies Division or such other Senior Executive Officer of the Company as the Company shall determine in its reasonable discretion.
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ENGAGEMENT TERMINATION. (a) This agreement confirms the basis upon which Employee has been engaged as an employee of the Company and the Company's wholly-owned subsidiary, Lernout & Hauspie Speech Products USA, Inc. following the Merger. Employee shall report to the President of the Language Technologies Division or such other Senior Executive Officer of the Company as the Company shall determine in its reasonable discretion. (b) Employee shall perform the duties assigned to him from time to time by the Company in accordance with the terms of this Agreement for a period of one (1) year following the Effective Time (the "Term"), subject to each party's right to terminate the Agreement as set forth in this Section 2. Upon termination of this Agreement, the obligations of the Company and Employee hereunder shall terminate. Notwithstanding any other provision of this Agreement, if the Merger is not consummated in accordance with the terms of the Merger Agreement, this Agreement shall be null and void as if it were never entered into.
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ENGAGEMENT TERMINATION. On termination of employment by either the employer or employee in accordance with the Award, the employee shall receive all Award and Agreement entitlements that are owing to the employee, on the last day of employment or at the latest by the close of business on the next working day after termination of employment. By mutual agreement & signing of relevant documentation the terminated employee on receipt of payments and entitlements shall not have any additional claims for payments from the date of termination a) Superannuation contributions will be paid monthly on behalf of eligible employees in accordance with the Superannuation Guarantee Charge legislation. b) Employer superannuation contributions are paid on ordinary time earnings at the current rate of 9%, in line with the Superannuation Guarantee Charge legislation. c) Ordinary time earnings is as defined in Clause 19 of the Award. d) Superannuation contributions will be paid into a complying fund selected by each employee in accordance with the choice of superannuation fund legislation. Should an employee not select a fund contributions will be paid into C+ Bus or Connect.
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ENGAGEMENT TERMINATION. The Parties acknowledge that, upon receipt by Aegis and its designees of the Consideration, any ongoing engagement between the Parties with respect to Aegis acting as investment banker, book-runner, financial advisor, underwriter and/or placement agent, whether pursuant to the Underwriting Agreement, Engagement Letter or otherwise, has been terminated.
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Related to ENGAGEMENT TERMINATION

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Employment Termination 12.1 Subject to the terms and conditions of the National Building and Construction Industry Award 2000, it is agreed that it is the company’s prerogative to determine the order of selection of employees for employment or retrenchment subject always to the following: a) All relevant legislation governing unfair dismissal, discrimination, etc. will be observed; b) Voluntary terminations will be encouraged as a first step; c) The seniority of employees – within classifications, experience or skills held – will be considered by the company in selecting employees for retrenchment; d) The Grievance Procedures set out in Clause 9 of this Agreement will apply in the event of any concerns arising regarding retrenchments.

  • ENGAGEMENT TERM The Placement Agent’s engagement hereunder will be until the earlier of (i) sixty (60) days and (ii) the Closing Date. The date of termination of this Agreement is referred to herein as the “Termination Date.” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement with respect to itself, such Placement Agent may do so prior to the Termination Date. The Company may elect to terminate the engagement hereunder for any reason prior to the Termination Date but will remain responsible for fees and expenses pursuant to Section 3 hereof and fees with respect to the Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, to pay expenses pursuant to Section 3 hereof, and the provisions concerning confidentiality, indemnification and contribution, and no fiduciary relationship and governing law (including the waiver of the right to trial by jury) contained herein will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expenses due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Contract Termination debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • Term of Employment; Termination ​ (a) The “Term of Employment” shall commence on the date hereof and shall continue until December 31, 2024; provided, that, should the Executive’s employment by the Company be earlier terminated pursuant to Section 3(b) or by the Executive pursuant to Section 3(c), the Term of Employment shall end on the date of such earlier termination. The Company may extend the Term of Employment by an additional twelve months (“Additional Term”) pursuant to formal action by the Compensation Committee of the Board of Directors at least 90 days prior to the scheduled expiration date of the Term of Employment, unless the Executive notifies the Company of his or her decision to decline any additional term before at least 120 days prior to the scheduled expiration date of the Term of Employment. ​ (b) Subject to the payments contemplated by Sections 3(f) through 3(i), the Term of Employment may be terminated at any time by the Company: ​ (i) upon the death of Executive; ​ (ii) in the event that because of physical or mental disability Executive is unable to perform, and does not perform, in the view of the Company and as certified in writing by a competent medical physician, his or her duties hereunder for a continuous period of three consecutive months or any sixty working days out of any consecutive six month period; ​ (iii) for Cause (as defined in Section 3(d)) or Material Breach (as defined in Section 3(e)); ​ (iv) upon the continuous poor or unacceptable performance of the Executive’s duties to the Companies (other than due to a physical or mental disability), which has remained uncured for a period of 90 days after delivery of notice by the Company to the Executive of such dissatisfaction with Executive’s performance, which notice shall describe in reasonable detail the areas of dissatisfaction; or (v) for any other reason or no reason, it being understood that no reason is required. ​ Executive acknowledges that no representations or promises have been made concerning the grounds for termination or the future operation of the Companies’ business, and that nothing contained herein or otherwise stated by or on behalf of any of the Companies modifies or amends the right of the Company to terminate Executive at any time, with or without Material Breach or Cause. Termination shall become effective upon the delivery by the Company to the Executive of notice specifying such termination and the reasons therefor (i.e., Section 3 (b)(i)-(v)), subject to the requirements for advance notice and an opportunity to cure provided in this Agreement, if and to the extent applicable. Notwithstanding anything to the contrary in this Agreement, for purposes of this Agreement, any reference to “termination,” as it relates to a termination of the Executive’s employment, shall refer to a termination of employment which constitutes a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended and the regulations promulgated thereunder (“Section 409A”). ​ (c) Subject to the payments contemplated by Section 3(f) and 3(i), the Term of Employment may be terminated at any time by the Executive: ​ (i) upon the death of Executive; ​ (ii) as a result of a material reduction in Executive’s authority, perquisites, position or responsibilities (other than such a reduction in perquisites which affects all of the Company’s senior executives on a substantially equal or proportionate basis), the relocation of the Company’s primary place of business or the relocation of Executive by any of the Companies to another office more than 75 miles from Boston, Massachusetts, or the Company’s willful, material violation of its obligations under this Agreement, in each case, after 60 days’ prior written notice to the Company and its Board of Directors and the Company’s failure thereafter to cure such reduction or violation; or ​ (iii) as a result of the Company’s willful and material violation of this Agreement, the Amended and Restated 2018 Long-Term Incentive Plan (the “Incentive Plan”), or any agreement between Executive and any of the Companies pertaining to awards made pursuant to the Incentive Plan or the Executive Incentive Compensation Plan, in each case as such agreements or plans may be amended from time to time. ​ (d) For the purposes of this Section 3, “Cause” shall mean any of the following:

  • At-Will Employment; Termination The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

  • Company Termination The Company may at any time in its sole discretion terminate (a “Company Termination”) this Agreement and its right to initiate future Tranches by providing 30 days advanced written notice (“Termination Notice”) to Investor.

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement. (b) This Addendum may not be terminated without the prior written consent of each Japan Local Currency Bank party hereto, CFSC and CFKK unless there are no Japan Local Currency Advances or any other amounts outstanding hereunder, in which case no such consent of any Japan Local Currency Bank shall be required; provided, however, that this Addendum shall terminate on the date that the Credit Agreement terminates in accordance with its terms.

  • Employee Termination A) Regular employees other than those serving a probationary period, shall give twenty-eight (28) calendar days written notice of termination to a representative designated by the Employer with the authority to accept such written notice. B) In addition to the twenty-eight (28) calendar day notice, regular employees in positions above the level of general staff nurse shall inform the Employer of their intention to terminate as soon in advance as possible. C) The period of notice as set forth in (A) above must be for time scheduled to be worked and must not include accrued vacation, unless such vacation has been previously scheduled and approved in accordance with Article 45.03 -

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