Provisions for Termination. An individual Artist's engagement contract may be terminated as follows:
Provisions for Termination. In no event may Optionee exercise this Option after the Term/Expiration Date as provided above. In the event that Optionee’s engagement with the Company should terminate, the outstanding vested Options on the date of such termination, shall be exercisable for (i) three (3) months after such termination (except in the case of termination by reason of death or Disability); or (ii) six (6) months after such termination by reason of Optionee’s death or Disability. Notwithstanding the foregoing, in the event of Optionee’s death within three (3) months after the date of termination, the Optionee’s estate or heirs, as applicable, may exercise all Options, which are vested and exercisable at the time of Optionee’s termination of engagement, within six (6) months after the Optionee’s death, but in no event after the Expiration Date as provided above. Notwithstanding the above, in the event that Optionee’s engagement with the Company should terminate for Cause, the entire unexercised Option (whether vested or not) shall ipso facto terminate. For purposes hereof, termination of Optionee’s engagement shall be deemed effective as detailed in Section 10.5 of the Plan.
Provisions for Termination. The Artist's COA Engagement Contract may be terminated as follows:
(A) Mutual Agreement
Provisions for Termination. An Opera Agreement Engagement Contract may be terminated as follows:
(A) Mutual Agreement By mutual agreement, in writing, a copy of which must be filed with Equity; or
(B) Breaches For the reasons set out in Clause 10:02 of this Agreement. See also Clauses 5:02, 5:03, 5:04, 5:05, 8:03, and 16:02.
Provisions for Termination. Either Party may terminate this Agreement in whole or in part by giving thirty (30) days written notice to the other Party, when it is in the best interest of either Party to do so, based on the following grounds:
1. Changes in applicable laws;
2. Changes in the structure or nature of the Purpose or Objectives of the MOU; or
3. Elimination of the Purpose or Objectives supported by this Agreement.
Provisions for Termination. In no event may Optionee exercise this Option after the Term/Expiration Date as provided above. In the event that Optionee’s engagement with the Company should terminate, all Options, which are vested and exercisable at the time of such termination, shall be exercisable within: (i) three (3) months after the date of such termination (except in the case of termination by reason of death or Disability); or (ii) six (6) months after the date of such termination by reason of Optionee’s death or Disability. Notwithstanding the foregoing, in the event of Optionee’s death within three (3) months after the date of termination, the Optionee’s estate or heirs, as applicable, may exercise all Options, which are vested and exercisable at the time of Optionee’s termination of engagement, within six (6) months after the Optionee’s death, but in no event after the Expiration Date as provided above. Notwithstanding the above, in the event that Optionee’s engagement with the Company should terminate for Cause, the entire unexercised Option (whether vested or not) shall ipso facto terminate. For purposes hereof, termination of Optionee’s engagement shall be deemed effective as detailed in Section 10.5 of the Plan.
Provisions for Termination. Either Party, after sending a registered letter with acknowledgment of receipt to the other Party, serving as formal notice and remaining unsuccessful for a period of three (3) months, may terminate this Memorandum of Cooperation in the event of failure to comply with any provision hereof.
Provisions for Termination. Anything herein to the contrary notwithstanding, if, after the third full fiscal year, Profit (as hereinafter defined) in any two consecutive fiscal years shall be less than the Annual Debt Service in those years, then Owner shall have the option, exercisable in the manner hereinafter provided, to terminate this Agreement, unless within sixty (60) days after receipt of the Certified Financial Statement for the second consecutive fiscal year for which the Profit is deficient as aforesaid, Hyatt elects to cure such deficiency by paying to Owner the amount of the deficiency for such second fiscal year. In the event Hyatt elects at any time to cure such deficiency in Profit, and Profit for any fiscal year subsequent to the fiscal year in which such deficiency was cured shall exceed the Annual Debt Service, Hyatt shall withhold from the Owner’s Remittance Amount the amount in excess of the Annual Debt Service for such fiscal year until Hyatt recoups the total amount of any deficiencies paid by it hereunder, without interest thereon. Owner shall exercise such option to terminate this Agreement as hereinabove provided by giving Hyatt written notice of its intention to do so within ninety (90) days after receipt of the Certified Financial Statement for the second consecutive fiscal year in which the Profit is less than the Annual Debt Service for those years.
Provisions for Termination. If, for some reason, the College is unable to perform the scope of service to comply with specifications as described above, WCN may, upon reasonable necessity, substitute such services that are, at WCN’s determination, of equal expertise and quality, upon 30 dates notification of termination to the College. WCN will reimburse the College for work completed to date, based upon invoice received with 2 weeks of termination date.
Provisions for Termination. In the event the Optionee's employment with the Company or any Affiliate thereof shall terminate, this Option granted to the Optionee shall be exercisable during the periods described in Section 12 of the Plan, as the case may be, provided however, that if Optionee shall cease to be an employee of the Company or any Affiliate thereof, the entire unexercised Option (whether vested or not) shall expire immediately as further described in Section 12(c) of the Plan. Notwithstanding the preceding sentence, in no event may Optionee exercise this Option after the Term/Expiration Date as provided above. For purposes hereof, termination of Optionee's employment shall be deemed effective as detailed in Section 12(d) of the Plan.
