No Cause Termination Clause Samples
A No Cause Termination clause allows either party to end an agreement without needing to provide a specific reason or justify the termination. Typically, this clause requires the terminating party to give advance written notice—such as 30 days—before the contract ends, and it may outline any final obligations or payments due upon termination. Its core practical function is to provide flexibility and reduce risk for both parties by enabling them to exit the relationship if circumstances change, without having to prove breach or fault.
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No Cause Termination. If Executive's employment is terminated as a result of a No Cause Termination Event, then SynQuest will pay Executive (i) within fifteen (15) days after the Date of Termination, any Base Salary and Bonus earned but unpaid and any other amounts due to Executive from SynQuest (whether pursuant to benefit plans or otherwise) through the Date of Termination, and (ii) one hundred percent (100%) of Executive's then-current Base Salary.
No Cause Termination. This Agreement may be terminated without cause, in advance of the specified expiration date, by either party, upon sixty (60) days prior written notice being given the other party. Upon termination of this Agreement, all accounts and payments will be processed according to the financial arrangements set forth herein for approved services rendered to date of termination.
No Cause Termination. This Agreement may be terminated without cause, by either party, upon thirty (30) days prior written notice being given the other party.
No Cause Termination. (i) During the Initial Term, this Agreement may be terminated at any time by either party by providing the other party with at least thirty (30) days written notice of such party’s intention to terminate this Agreement.
(ii) During any Renewal Term, this Agreement may be terminated at any time by either party by providing the other party with at least sixty (60) days written notice of such party’s intention to terminate this Agreement.
(iii) During any notice period, Consultant agrees to use his reasonable best efforts to continue his work for the Company and the Company agrees to continue compensating Consultant until the termination date with the same compensation as before the notice was given.
No Cause Termination. If Executive's employment is terminated as a result of a No Cause Termination Event, then SynQuest will pay Executive (i) within fifteen (15) days after the Date of Termination, any Base Salary and Bonus earned but unpaid and any other amounts due to Executive from SynQuest (whether pursuant to benefit plans or otherwise) through the Date of Termination, and (ii) two hundred percent (200%) of Executive's then-current Base Salary for the period beginning on the Date of Termination and ending on the later of (x) the second anniversary of the date of this Agreement or (y) the first anniversary of the Date of Termination. In addition, for a period of up to two (2) years following the later to occur of (i) the second anniversary of the date of this Agreement, or (ii) the first anniversary of the Date of Termination, SynQuest may, in its sole discretion, elect to pay Executive an annual amount (the "Annual Payment") equal to two hundred percent (200%) of Executive's then-current Base Salary. The Annual Payment will be payable in equal monthly installments. During the period Executive receives the Annual Payment, Executive is prohibited from engaging in any SynQuest Activities (as described below in Section 15). The Annual Payment may be terminated by the Board upon (i) the date Executive accepts other employment (other than pursuant to Section 10.2), including, without limitation, employment as a full-time consultant in any enterprise, or (ii) at any time with six (6) months written notice to Executive.
No Cause Termination. Either party may terminate this Agreement by providing ninety (90) days notice in advance.
No Cause Termination. BIOMARIN may terminate this Agreement or any Scope of Work with at least sixty (60) days written notice; provided, however, that such notice may specify immediate suspension of recruitment or enrollment of Study subjects. CRO agrees to cooperate with the terms of any such notice.
No Cause Termination. This Agreement may be terminated effective by either party for any reason upon ninety (90) days’ written notice of the party's intent to terminate. In the event this Agreement is terminated, Contractor shall receive compensation only for Services actually performed up to the last day of work for that party.
No Cause Termination. Either of the parties to this Agreement may terminate this Agreement prior to the expiration of the term, with or without cause, and without penalty, upon sixty (60) days' written notice to the other party.
No Cause Termination. Issue: The proposed agreement includes a 90-day no-cause termination clause. All centres have significant financial and service delivery obligations related to our facilities. We would like to see a longer notice period for no cause termination so that we can adequately meet these obligations and minimize the disruption of services such as childcare for our community. Proposed resolution: Update the notice period to 12 to 18 months.