Immediate Termination by the Company. The Client may discretion terminate the Engagement by giving notice effective immediately if at any time:
(a) the Consultant or any of the Executives is or becomes charged with any criminal offence which in the reasonable opinion of the Client, or the CEO of the Client brings the Consultant or any of the Executives or the Client into disrepute; or
(b) the Consultant or any of the Executives is or become bankrupt, or goes into liquidation, or makes a composition or arrangement with creditors generally, or takes advantage of any statute for the relief of insolvent debtors; or
Immediate Termination by the Company. The Company may terminate this Agreement immediately if the Executive:
(a) is guilty of grave misconduct or wilful neglect in the unanimous opinion of all other directors; or
(b) is of unsound mind or becomes liable to be dealt with under any law relating to mental health.
Immediate Termination by the Company. The Company may terminate this agreement immediately if it is adjudicated under part 15 that the Executive:
(a) Commits any act of dishonesty, fraud, willful disobedience, misconduct or breach of duty, as determined in the reasonable discretion of the independent members of the Board of Directors acting in good faith (without the vote of the Executive);
(b) undertakes any of the activities described in clause 11.1 during his employment by the Company, as determined by the reasonable determination of the independent members of the Board of Directors of the Company acting in good faith (without the vote of the Executive);
(c) willfully, persistently and materially breaches this agreement and does not remedy the breach within 14 days after receipt of notice in writing from the Company specifying the breach, as determined by the reasonable determination of the independent members of the Board of Directors of the Company acting in good faith (without the vote of the Executive); or
(d) is of unsound mind or becomes liable to be dealt with under any law relating to mental health, as determined by the reasonable determination of the independent members of the Board of Directors of the Company acting in good faith (without the vote of the Executive).
Immediate Termination by the Company. The Company may terminate this agreement immediately if it is adjudicated under part 15 that the Employee:
(a) Commits any act of dishonesty, fraud, willful disobedience, misconduct or breach of duty, as determined in the reasonable discretion of the independent members of the Board of Directors of Golden Matrix acting in good faith (without the vote of the Employee);
(b) undertakes any of the activities described in clause 11.1 during her employment by the Company, as determined by the reasonable determination of the independent members of the Board of Directors of Golden Matrix acting in good faith (without the vote of the Employee);
(c) willfully, persistently and materially breaches this agreement and does not remedy the breach within 14 days after receipt of notice in writing from the Company specifying the breach, as determined by the reasonable determination of the independent members of the Board of Directors of Golden Matrix acting in good faith (without the vote of the Employee); or
(d) is of unsound mind or becomes liable to be dealt with under any law relating to mental health, as determined by the reasonable determination of the independent members of the Board of Directors of Golden Matrix acting in good faith (without the vote of the Employee).
Immediate Termination by the Company. The Company will be entitled to terminate this Agreement with immediate effect by notice in writing to the Manager:
(a) if the Manager becomes insolvent, makes or attempts to make any composition, assignment, or other arrangement with, or for the benefit of, its creditors or any class thereof, goes, or is put into liquidation (other than a voluntary liquidation), has a receiver or manager appointed in respect of its assets or is wound up or dissolved or the Company reasonably considers that any of these events is about to occur and notifies the Manager accordingly;
(b) if the Manager has failed, neglected or refused to carry out or perform any material function or action required to be carried out or performed by the Manager pursuant to the terms of this Agreement ("Non-Performance"), and:
(i) the Company has given the Manager notice (including details) of its Non- Performance ("Notice");
(ii) the Manager has failed to cure a material breach of this Agreement arising from the Non-Performance set out in the Notice within 30 Business Days, or such longer period specified by the Company, of the Manager's receipt of the Notice; and
(iii) the termination has been approved by a Special Resolution of shareholders of the Company (excluding the Manager and any of its Related Companies) at a properly called quorate meeting of the Company; and
(c) in the circumstances referred to in clause 13.
Immediate Termination by the Company. The Company may terminate this Agreement immediately upon notice if the Customer breaches any terms herein, becomes insolvent or fails to comply with any applicable laws or regulations.
Immediate Termination by the Company. In addition to termination under Paragraphs 3 or 14(a), the Company may terminate the Employee’s employment under this Agreement immediately without prior notice on the occurrence of any one of the following:
i. If the Employee neglects any of the Employee’s duties;
ii. If the Employee breaches any provision of this Agreement or of our other agreement(s);
iii. If the Employee violates any of the Company’s policies, standards or practices;
iv. If the Employee commits an act of fraud, dishonesty or any other act of negligent, reckless or willful misconduct in making products or providing services to the Company or for the Company;
v. If the Company decides to sell or otherwise to dispose of substantially all of the Company’s assets, or to distribute its assets to stockholders in liquidation, or otherwise to discontinue the Company’s business;
vi. If the majority of any contracts the Company has with third parties for which the Employee is the principal employee providing services or products is terminated; or
vii. If any circumstance beyond the Company’s control prevents it from operating its business or otherwise hinders, delays or prevents the Company from receiving income or increases its overhead to an extent the Company reasonably decides to reduce, modify, suspend or cease its business.
Immediate Termination by the Company. The Company may terminate this agreement immediately if it is adjudicated under part 15 that the Employee:
(a) Commits any act which may detrimentally affect the Company or any Group Company, including but not limited to an act of dishonesty, fraud, willful disobedience, misconduct or breach of duty;
(b) undertakes any of the activities described in clause 11.1 during his employment by the Company;
(c) willfully, persistently and materially breaches this agreement and does not remedy the breach within 14 days after receipt of notice in writing from the Company specifying the breach; or
(d) is of unsound mind or becomes liable to be dealt with under any law relating to mental health.
Immediate Termination by the Company. The Company may at its sole discretion terminate the Engagement by giving notice effective immediately if at any time:
(a) the Consultant or any of the Executives is or becomes in breach of any of the material terms of this Agreement and if it is a breach which is capable of being remedied and it is the first occasion on which such type of breach has occurred, the breach is not remedied to the reasonable satisfaction of the Company within 30 days after written notice is given to the Consultant by the Company requiring the breach to be remedied; or
(b) the Consultant or any of the Executives is or becomes charged with any criminal offence involving criminal intent, fraud, dishonesty or moral turpitude which in the reasonable opinion of the Board brings the Consultant or any of the Executives or the Company or any of its related bodies corporate into disrepute; or
(c) the Consultant or any of the Executives is or becomes bankrupt, or goes into liquidation, or makes a composition or arrangement with creditors generally, or takes advantage of any statute for the relief of insolvent debtors; or
(d) any of the Executives is or becomes of unsound mind or a person whose person or estate is liable to be dealt with under any law relating to mental health; or
(e) the Consultant is or becomes incompetent in the performance of its duties under this Agreement; or
(f) the Consultant is or becomes continually or significantly absent or neglectful of its duties under this Agreement;
(g) the Nominated Executive dies; or
(h) the Consultant ceases to be a shareholder in the Company.
Immediate Termination by the Company. (a) The Company may by written notice to the Manager terminate this Agreement immediately if:
(i) the Manager or any of its directors, officers or servants is guilty of gross misconduct in relation to the provisions of the Services to the Company;
(ii) the Manager suffers an Insolvency Event;
(iii) the Key Persons engage in any wilful or gross conduct which is likely in the reasonable opinion of the Company to be detrimental to the Company; or
(iv) the Manager is guilty of any gross default, breach, non-observance or non- performance of any of the terms and conditions contained in this Agreement.
(b) Termination of this Agreement by the Company under clause 13.2 will be without prejudice to any of its other rights in respect of a breach of this Agreement by the Manager.
