Expiration of Transition Period Sample Clauses

Expiration of Transition Period. In the event Executive is employed with the Company for the duration of the Transition Period, Executive shall be entitled to receive the Cash Severance and the COBRA Coverage set forth in Section 5.2(A)(i)(b), subject to the terms thereof, together with any other payments that become payable to Executive in accordance with the terms of this Agreement or any other arrangement between the Company and Executive, provided that no payment under this Section 5.5 shall result in any duplication of benefits.
Sample 1
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Expiration of Transition Period. Upon the expiration of the Transition Period, except as provided for in Section 1(h) below, the parties agree that (i) Guidant shall have no further obligation to sell or distribute the Products or service any Customers of the Products in the Territory (including any distribution obligations set forth in Section 1(b) of this Termination Agreement), (ii) each party shall immediately discontinue any and all use and distribution of any trademarks, service marks, trade names or logos of the other party, and (iii) each party shall immediately return to the other all Confidential Information (as defined in the Distribution Agreement), or upon the other party's written consent, destroy such Confidential Information, and certify in writing such destruction to the other party other than to the extent such Confidential Information is necessary to perform under this Termination Agreement, and except for one copy of such Confidential Information which may be kept in the legal files of such party to demonstrate compliance with the obligations of this Termination Agreement and the Distribution Agreement.
Sample 1
Expiration of Transition Period. Your separation of employment with the Company will occur on the last day of the Transition Period, unless your separation of employment occurs sooner pursuant to Section 6, (Termination), or is extended pursuant to Section 1, (the "Transition Period"). As part of this Agreement, the Company agrees to provide you with the following additional compensation and benefits package: a. CASH BONUS: Upon issuance by the FDA, of an "Approvable Letter" for DepoCyt, the Company will recommend to the Board of Directors that a portion of your 1997 Management Incentive Bonus is "moved ahead". This amount will be no less than fifty (50) percent of the Management Incentive Bonus for 1997, which is targeted at 25% of base salary.
Sample 1
Expiration of Transition Period. (a) Subject to the provisions of Section 5.3(b), Section 5.6 and Section 9 below, if the Employee’s employment hereunder is terminated as a result of the expiration of the Transition Period: (i) the Employee shall be entitled to receive all accrued and unpaid Base Salary through the Effective Termination Date; (ii) the Company shall pay to the Employee the prorated amount of any outstanding LT Cash Incentive Awards that are earned, consistent with the provisions of Section 3.2 above, and that would have been or would be payable to the Employee if the Employee’s employment hereunder had not been terminated. Proration will be based on the number of full months of service during the applicable performance period prior to the Effective Termination Date divided by the number of months in the applicable performance period; (iii) to the extent not already vested, the restricted stock awards included in the time-based Outstanding Equity Awards will become fully vested and no longer subject to forfeiture, and all other time-based Outstanding Equity Awards shall continue to vest, and the risk of forfeiture shall lapse, pursuant to the vesting schedule set forth in the applicable award agreement; provided that in the event of the Employee’s death following any termination of employment covered by this Section 5.3, the vesting of any such other unvested time-based Outstanding Equity Awards will be accelerated and such awards will become fully vested and no longer subject to forfeiture; and (iv) the Employee’s vested stock options, including those that became vested pursuant to Section 5.3(a)(iii), will continue to be exercisable by the Employee or his estate or heirs, as applicable, until the first to occur of (A) the original expiration date of the applicable stock option, and (B) any accelerated expiration date applicable to that stock option, other than solely as a result of the Employee’s termination of employment (such as accelerated expiration in connection with a change in control of the Company).
Sample 1
Expiration of Transition Period. Upon the expiration of the Transition Period, the COC Agreement shall be without any further force or effect, and Executive and UNFI will determine the terms and conditions of any continuing employment relationship.
Sample 1
Expiration of Transition Period. Early Retirement And Separation of Employment: Your early retirement and separation of employment with the Company will occur on the last day of the Transition Period, unless your separation of employment occurs sooner pursuant to Section 6, or is extended pursuant to Section 1, (the "Transition Period"). As part of this, the Company agrees to provide you with the following additional compensation and benefits package: a. Cash Bonus: Upon issuance by the FDA, of an "Approvable Letter" for DepoCyt, the Company will pay you a cash bonus of forty thousand dollars ($40,000), providing such issuance occurs during the Transition Period.
Sample 1
Expiration of Transition Period 
Sample 1
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Related to Expiration of Transition Period

  • Continued Employment Following Expiration of Term Nothing in this Agreement shall mandate or prohibit a continuation of Executive’s employment following the expiration of the term of this Agreement, upon such terms and conditions as the Bank and Executive may mutually agree.

  • Expiration of Term During the Initial Term or Renewal Term, whichever currently is in effect, should either party exercise its right to terminate, all out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Fund. Additionally, the Transfer Agent reserves the right to charge for any other reasonable expenses associated with such termination.

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Expiration of Offering Period Notwithstanding anything to the contrary contained herein, if NCPS shall not have received a Minimum Offering Notice on or before the Expiration Date, NCPS shall, within three (3) business days after such Expiration Date and without any further instruction or direction from Broker or Issuer, return to each Subscriber, by ACH, the Cash Investment made by such Subscriber.

  • Expiration/Termination Upon expiration of the Service Period or termination pursuant to Section 7 of the General Terms, Customer shall immediately cease use of the Service and return or destroy (in accordance with Avaya’s instructions) any Deliverables provided to Customer in connection with the Service, including any Avaya’s Intellectual Property. Upon request, Customer shall certify in writing to Avaya that Customer has complied with this provision and Avaya may provide such certification to its suppliers.

  • Option Period Pursuant to the Contract, the following are the Adjustment Factors for the term ending October 20, 2023: Date Index 1 August 2019 11311.06 3 October 2019 11326.12 6 January 2020 11392.41 7 February 2020 11396.01 8 March 2020 11396.97 9 April 2020 11412.67 10 May 2020 11418.16 11 June 2020 11436.23 12 July 2020 11439.11 Date Index 1 August 2021 12463.13 2 September 2021 12464.55 3 October 2021 12464.94 4 November 2021 12467.32 5 December 2021 12481.82 6 January 2022 12555.55 7 February 2022 12683.97 8 March 2022 12791.43 9 April 2022 12898.96 10 May 2022 13004.47 11 June 2022 13110.50 12 July 2022 13167.84 Adjustment: Third Year Index Average = 12712.8733 = 1.1168 Base Year Index Average 11383.5283 WA−DC−GC03−100120−SWC Original Adjustment Factor x Adjustment = Adjustment Factor through 10/20/23 Normal Working Hours – Prevailing Wage 1.0378 1.1168 1.1590 Other Than Normal Working Hours – Prevailing Wage 1.0638 1.1168 1.1881 Normal Working Hours – Non−Prevailing Wage 1.0357 1.1168 1.1567 Other Than Normal Working Hours – Non− Prevailing Wage 1.0605 1.1168 1.1844 Non Pre−Priced 1.1627 1.0000 1.1627

  • Term and Termination of Engagement; Exclusivity The term of Xxxxxxxxxx’x exclusive engagement will begin on the date hereof and end six (6) months thereafter (the “Term”). Notwithstanding anything to the contrary contained herein, the Company agrees that the provisions relating to the payment of fees, reimbursement of expenses, right of first refusal, tail, indemnification and contribution, confidentiality, conflicts, independent contractor and waiver of the right to trial by jury will survive any termination or expiration of this Agreement. Notwithstanding anything to the contrary contained herein, the Company has the right to terminate the Agreement for cause in compliance with FINRA Rule 5110(g)(5)(B)(i). The exercise of such right of termination for cause eliminates the Company’s obligations with respect to the provisions relating to the tail fees and right of first refusal. Notwithstanding anything to the contrary contained in this Agreement, in the event that an Offering pursuant to this Agreement shall not be carried out for any reason whatsoever during the Term, the Company shall be obligated to pay to Xxxxxxxxxx its actual and accountable out-of-pocket expenses related to an Offering (including the fees and disbursements of Xxxxxxxxxx’x legal counsel) and, if applicable, for electronic road show service used in connection with an Offering. During Xxxxxxxxxx’x engagement hereunder: (i) the Company will not, and will not permit its representatives to, other than in coordination with Xxxxxxxxxx, contact or solicit institutions, corporations or other entities or individuals as potential purchasers of the Securities and (ii) the Company will not pursue any financing transaction which would be in lieu of an Offering. Furthermore, the Company agrees that during Xxxxxxxxxx’x engagement hereunder, all inquiries from prospective investors will be referred to Xxxxxxxxxx. Additionally, except as set forth hereunder, the Company represents, warrants and covenants that no brokerage or finder’s fees or commissions are or will be payable by the Company or any subsidiary of the Company to any broker, financial advisor or consultant, finder, placement agent, investment banker, bank or other third-party with respect to any Offering.

  • Termination of Use These terms and Your access to Our Website may be terminated by Us (at Our sole discretion) at any time without notice or any requirement to give You a reason why. In the event of termination under this clause We shall have no liability to You whatsoever (including for any consequential or direct loss You may suffer).

  • Termination Prior to Expiration of Term This Section shall govern any termination of this Contract except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Contract at any time, with or without cause, upon thirty (30) days’ written notice to Consultant, except that where termination is due to the fault of the Consultant, the period of notice may be such shorter time as may be determined by the Contract Officer. In addition, the Consultant reserves the right to terminate this Contract at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of the City, the period of notice may be such shorter time as the Consultant may determine. Upon receipt of any notice of termination, Consultant shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Except where the Consultant has initiated termination, the Consultant shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer, except as provided in Section 7.3. In the event the Consultant has initiated termination, the Consultant shall be entitled to compensation only for the reasonable value of the work product actually produced hereunder. In the event of termination without cause pursuant to this Section, the terminating party need not provide the non-terminating party with the opportunity to cure pursuant to Section 7.2.

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