Rejection of Consulting Agreement Sample Clauses

Rejection of Consulting Agreement. The Parties agree that, upon the Effective Date, the IBC Entities will be deemed to have rejected the Consulting Agreement in accordance with the provisions of section 365 of the Bankruptcy Code. The Accenture Entities shall have no Claim against the IBC Entities on account of their rejection of the Consulting Agreement except for those Claims set forth in this Restructuring Agreement. Notwithstanding the IBC Entities’ rejection of the Consulting Agreement, those sections, provisions or other terms of the Consulting Agreement which expressly survive termination thereof (as set forth in Section 12.5 of the Consulting Agreement, but except for Sections 2, 3.1, 11, and 12.3 of the Consulting Agreement) shall remain fully enforceable against the Parties.
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Rejection of Consulting Agreement. In the event Executive rejects the Consulting Agreement, the rejection shall be deemed for all purposes under this Agreement to be notice of Executive's voluntary termination under Section 5(d). The notice shall be deemed given as of the end of the normal Company pay period following the date the Consulting Agreement is tendered and the 90-day period contemplated in Section 5(d) shall run from such date. Following such 90-day period the provisions of this Agreement that survive termination of this Agreement, including, without limitation, Section 7, 8, and 9 shall continue in full force and effect as provided in this Agreement.

Related to Rejection of Consulting Agreement

  • Termination of Consulting Agreement As of the Effective Date, the Consulting Agreement is hereby terminated and is of no further force or effect.

  • Termination of Consulting Period Notwithstanding any other provision hereof, the Consulting Period and Consultant’s services as a consultant hereunder shall terminate, and, except as otherwise specifically provided herein, this Agreement shall terminate:

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

  • Description of Consulting Services Consultant shall perform the following services pursuant to the terms of this Agreement:

  • Termination of Merger Agreement Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement and all rights and obligations of the parties hereunder shall automatically terminate and be of no further force or effect.

  • Retention of Consultant The Company hereby retains the Consultant, and Consultant agrees to be retained by the Company, upon the terms in, and subject to the conditions of, this Agreement.

  • Consulting Agreement THIS CONSULTING AGREEMENT entered into as of this 26th day of January, 2004 between DIAMOND DISCOVERIES INTERNATIONAL CORP., a Delaware corporation (the "Company") and Xxxxxxx Xxxxxxx ("Consultant").

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • No Construction as Employment Agreement Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ of the Company or any of its subsidiaries or affiliated entities.

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