General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly
(i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in his possession or under his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and
(ii) resign on request by the Company or the GSK Board (if he has not already done so) from all offices held by him in the Company and any other Group Company (except for any he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement.
12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement.
12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans.
12.4 The terms of the US GSK Severance Policy as in force from time to time, shall not apply to the Executive.
General Termination Provisions. Except as otherwise provided by Section 17 hereof, if Executive has a Termination of Employment during the term of this Agreement, other than under the provisions of Section 6, then upon such Termination of Employment and conditioned upon Executive’s execution of a release in a form provided by Employer within forty-five (45) days following such Termination of Employment, Employer will be liable to Executive for all payments (if any) as described in Section 5, as follows:
General Termination Provisions. If either Employer or Employee terminates this Agreement under the provisions of this Section 5, Employer will be liable to Employee for all payments (if any) as described in Section 5, as follows:
General Termination Provisions. (a) Upon the death or disability diagnosed by a licensed physician of the Executive such that, in the view of the Company’s directors other than the Executive, the Executive is not able to carry out his essential job functions, the Company may terminate the Executive’s employment by providing the Executive or his estate with pay and severance pay, if applicable, in the amount of six (6) months’ Base Salary payable monthly, and conditioned on the effectiveness of a Release. Prior to terminating the Executive under this Subsection 6.4(a), the Company will make reasonable accommodation necessary to enable the Executive to perform his essential job functions unless providing such accommodation would pose an undue hardship on the Company. The terms “essential job functions,” reasonable accommodation,” and “undue hardship” as they are used in this Subsection 6.4(a) shall be defined as in the Americans with Disabilities Act of 1990.
(b) Upon termination for any reason, Executive shall receive accrued but unpaid wages through the date of termination, any unreimbursed expenses as required under this Agreement, and any other amounts as required by law.
(c) Upon termination of the Executive’s employment for any reason, the Executive shall immediately resign as director and from all offices which he holds with the Company, its affiliates, and its subsidiaries. The Executive understands and agrees that he will not be entitled to receive any further notice, payment in lieu of notice, severance pay, benefits, compensation, or damages of any kind, whether at common law or otherwise, other than the entitlements as set forth in this Agreement.
General Termination Provisions. (a) Upon any termination of this Agreement for any reason, the Employee shall at once deliver or caused to be delivered to the Employer all books, documents, effects, money, securities or other property belonging to the Employer or for which the Employer is liable to others, which are in the possession, charge, control or custody of the Employee.
(b) All amounts referred to in this Agreement, specifically including the Employer's payment obligations pursuant to this Article 4, shall constitute when due a debt owed by the Employer to the Employee. The Employee shall not be required to mitigate damages by seeking other employment or otherwise, nor shall the amount provided for under this Agreement be reduced in any respect in the event that the Employee shall secure alternative employment, or not reasonably pursue alternative employment, following the termination of the Employee's employment with the Employer. Notwithstanding the foregoing, should the Employee replace any life, health or accident plan, at an equivalent level, upon obtaining alternate employment or otherwise, the Employer shall not be required to continue such benefits.
(c) As a condition to any payment pursuant to this Article 4, the Employee agrees to deliver to the Employer at the time of payment a full and final release from all actions or claims, such release to be in a form reasonably satisfactory to the Employer and to be for the benefit of the Employer, its affiliates, directors, officers and employees.
General Termination Provisions. The Employment Term and the Executive's employment hereunder may be terminated (a) by either the Company or the Executive at any time and for any reason on at least sixty (60) days advance written notice to the other party, (b) automatically upon the Executive's death, (c) by the Company in the event of the Executive's disability (as reasonably determined by the Company), (d) by the Executive for Good Reason, or (e) by the Company for Cause. Upon termination of the Executive's employment, the Executive shall be entitled to the compensation and benefits described in this Section 5 and shall have no further rights to any compensation or any other benefits from the Company under this Agreement.
General Termination Provisions. 5.1 If the Order relates to Supplier’s purchase of equipment that is not to be inventory or for resale, PTI will have an immediate right to purchase said equipment for the lesser of the Supplier’s book value or Supplier’s actual cost, in either case less any amounts allocated thereto under the Order prior to termination.
General Termination Provisions. 23.1.1 Actual Salary will count as salary for calculating termination payments.
23.1.2 On termination of employment employees will be paid for all outstanding salary, allowances, accrued recreation; long service leave entitlements; pay in lieu of any unexpired notice period; and severance pay (if applicable).
General Termination Provisions. The termination rights provided in this Section 6 are in addition and without prejudice to other termination rights provided under this Agreement. In the event of termination of this Agreement, Client shall immediately deliver to SWCA all SWCA property that Client has possession or control of including any Deliverables that are not fully paid for. Upon termination of this Agreement, all provisions of this Agreement that expressly or by their nature continue in effect (e.g., payment terms, confidentiality provisions, liability limitations, indemnification obligations, and general terms) shall survive termination.
General Termination Provisions. Notwithstanding anything to the contrary in this Agreement, this Agreement may be terminated as follows:
(a) by mutual consent of the Parties; and
(b) by a Party, by giving written notice to the other Party at any time upon the occurrence of any of the following events:
(i) the voluntary bankruptcy of the other Party, or the filing of an involuntary petition in bankruptcy against the other Party that is not dismissed within 60 days of filing, in which case, the termination will become effective immediately upon the non-terminating Party’s receipt of notice of termination or at such later date as may be specified in that notice;
(ii) the other Party ceases to pay its debts as they mature in the ordinary course of business, or makes an assignment for the benefit of its creditors, in which case, the termination will become effective immediately upon the non-terminating Party’s receipt of notice of termination or at such later date as may be specified in that notice; or
(iii) a receiver is appointed for the other Party or its property, in which case, the termination will become effective immediately upon the non-terminating Party’s receipt of notice of termination or at such later date as may be specified in that notice.
