Other Termination Matters Sample Clauses

Other Termination Matters. The confidentiality provisions contained in Section 6.1(e) of this Agreement shall survive termination pursuant to Section 10.1 above for a period of one (1) year following any such termination date.
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Other Termination Matters. As to the Bank's obligations under Paragraph 12, the term "as needed" refers to Mr. Rossell's continuing resxxxxxxx xxxxxs as otherwise uninsured. Should he become employed, and become so insured as a result of his employment, the Bank would, from that moment forward, be released from its related insurance or insurance premium reimbursement obligations. As to the Bank's obligations under 12.1 (iii), the Bank may, in the alternative, in its sole discretion, elect to pay to Mr. Rossell in 12 consecutixx xxxxxxx installments, as needed by Mr. Rossell, a monthly amounx xxxxx xx the Bank's monthly cost of providing such respective coverage during Mr. Rossell's employment. Xx xx xxx Xxxk's obligations under 12.1 (iv), the Bank may, in the alternative, in its sole discretion, elect to pay to Mr. Rossell in 12 consecutixx xxxxxxx installments a monthly amount equal to the Bank's monthly cost of providing such respective coverage during Mr. Rossell's employment. Uxxxx xx xxxxxmstances will the Bank be under obligation to assign to Mr. Rossell policies, which xx xxxx xxx possess, or which are otherwise non-assignable. As to the Bank's obligations under 12.2 (iii), the Bank may, in the alternative, in its sole discretion, elect to pay to Mr. Rossell in 18 consecutixx xxxxxxx installments, as needed by Mr. Rossell, a monthly amounx xxxxx xx the Bank's monthly cost of providing such respective coverage during Mr. Rossell's employment. Ax xx xxx Xxxx's obligations under 12.2 (iv), the Bank may, in the alternative, in its sole discretion, elect to pay to Mr. Rossell in 18 consecutixx xxxxxxx installments a monthly amount equal to the Bank's monthly cost of providing such respective coverage during Mr. Rossell's employment. Xxxxx xx xxxxumstances will the Bank be under obligation to assign to Mr. Rossell policies, which xx xxxx xxx possess, or which are otherwise non-assignable. The term "Average Annual Performance Bonus," as used herein, will be calculated as of Mr. Rossell's last date of exxxxxxxxx xxx will mean the higher of (i) Mr. Rossell's annual performxxxx xxxxxxx averaged from the date of this Agreement, or (ii) the average of his three most recent annual performance bonuses.
Other Termination Matters. As to the Bank's obligations under Paragraph 13, the term "as needed" refers to DVH's continuing respective status as otherwise uninsured. Should she become employed, and become so insured as a result of her employment, the Bank would, from that moment forward, be released from its related insurance or insurance premium reimbursement obligations. As to the Bank's obligations under 13.1 (iii) and 13.2, the Bank may, in the alternative, in its sole discretion, elect to pay to DVH in 6 consecutive monthly installments, as needed by DVH, a monthly amount equal to the Bank's monthly cost of providing such respective coverage during DVH's employment. As to the Bank's obligations under 13.1 (iv) and 13.2, the Bank may, in the alternative, in its sole discretion, elect to pay to DVH in 6 consecutive monthly installments a monthly amount equal to the Bank's monthly cost of providing such respective coverage during DVH's employment. Under no circumstances will the Bank be under obligation to assign to DVH policies, which it does not possess, or which are otherwise non-assignable.

Related to Other Termination Matters

  • Other Terminations If Executive’s service with the Company is terminated by the Company or by Executive for any or no reason other than as a Covered Termination, then Executive shall not be entitled to any benefits hereunder other than accrued but unpaid salary, bonus, vacation and expense reimbursement in accordance with applicable law and to elect any continued healthcare coverage as may be required under COBRA or similar state law.

  • Other Termination Events Subject to Section 6.4(b), this Agreement shall terminate with respect to all Parties upon the earliest to occur of (a) a written agreement among the Parties to terminate this Agreement, (b) the Closing and (c) the delivery of a written notice from the Majority Initial Consortium Members.

  • Other Termination If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees.

  • Other Termination Provisions Executive agrees that upon termination of this Agreement and upon reasonable request by the Board of Directors, Executive shall resign from any then effective Board, Officer or Committee positions.

  • Waiver; Termination No failure on the part of the Parent to exercise any power, right, privilege or remedy under this Agreement, and no delay on the part of the Parent in exercising any power, right, privilege or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial exercise of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. The Parent shall not be deemed to have waived any claim arising out of this Agreement, or any power, right, privilege or remedy under this Agreement, unless the waiver of such claim, power, right, privilege or remedy is expressly set forth in a written instrument duly executed and delivered on behalf of the Parent; and any such waiver shall not be applicable or have any effect except in the specific instance in which it is given. If the Merger Agreement is terminated, this Agreement shall thereupon terminate.

  • Survival; Termination The representations, warranties, and covenants of the respective parties shall survive the Closing Date and the consummation of the transactions herein contemplated for a period of two years.

  • Termination and Change in Control In the event of a Change in Control and at any time during the Change of Control Period (x) the Executive’s employment is terminated, or (y) without Executive’s written consent there occurs any material adverse change in the nature and scope of the Executive’s position, responsibilities, duties, or a change of 10 miles or more in the Executive’s location of employment, or any material reduction in Executive’s compensation or benefits and Executive voluntarily terminates his employment, then the Executive shall receive the Accrued Obligations on the Date of Termination, and the severence benefits consisting of:

  • Earlier Termination Your employment hereunder shall terminate prior to the Initial Term (or any renewal term, in the event of renewal) on the following terms and conditions:

  • Non-Competition After Termination In further consideration of the Company providing Executive with its confidential information, trade secrets, goodwill, and proprietary business information, Executive agrees that he shall not, at any time during the period of one (1) year after the termination of the later of the Basic Term and any extension of the Basic Term under this Agreement, for any reason, within any market or country in which the Company has operated assets or provided services, or formulated a plan to operate its assets or provide services during the last twelve (12) months of Executive’s employ, engage in or contribute Executive’s knowledge to any work which is competitive with or similar to a product, process, apparatus, services, or development on which Executive worked or with respect to which Executive had access to while employed by the Company; provided, however, that the one (1) year period set forth in this Section 5.4 shall be a two (2) year period in the case of an Executive whose employment is terminated due to Retirement.

  • Special Termination Provisions Notwithstanding the provisions of Paragraph 6 of this Agreement, this Agreement shall terminate upon the occurrence of any of the following events:

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