Excess Inventory Disposition – Company Termination Without Cause Sample Clauses

Excess Inventory Disposition – Company Termination Without Cause. If Company terminates this Agreement without cause, Company will purchase all Materials (except Indirect Materials), Die and Finished Goods inventory deemed to be excess on the effective date of termination at actual invoice cost for Materials or historical prices paid by Company to Contractor for Die and Product. Contractor agrees to work diligently with and follow instructions from Company and/or agreed-to procedural changes during the 360-day period leading up to the date of termination to minimize excess inventory at the effective date of termination.
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Related to Excess Inventory Disposition – Company Termination Without Cause

  • Termination without Cause or Resignation for Good Reason in Connection with a Change of Control If the Company terminates Executive’s employment with the Company without Cause or if Executive resigns from such employment for Good Reason, and such termination occurs within the period beginning three (3) months before, and ending twelve (12) months following, a Change of Control, and Executive signs and does not revoke a release of claims with the Company (in a form reasonably acceptable to the Company) and provided that such release of claims becomes effective no later than the Release Deadline, then subject to this Section 3, Executive will receive the following:

  • Involuntary Termination Without Cause In the event of the Participant’s involuntary Termination by the Company without Cause, the vested portion of the Option shall remain exercisable until the earlier of (i) ninety (90) days from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to Section 3(d) hereof.

  • Termination Without Good Cause If Executive's employment is terminated by the Company without Good Cause, the following provisions shall apply:

  • Termination Without Good Reason Executive shall have the right to terminate the Period of Employment and Executive’s employment hereunder at any time without Good Reason (as defined below) upon thirty (30) days prior written notice of such termination to the Company. Any such termination by the Executive without Good Reason shall be treated for all purposes of this Agreement as a termination by the Company for Cause and the provisions of Section 7(a) shall apply.

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