Common use of Remedies Upon Termination Clause in Contracts

Remedies Upon Termination. (a) If this Agreement is terminated pursuant to Section 6.2, Incentive Compensation shall be deemed earned through the date of termination. Any Incentive Compensation due Manager shall be paid within thirty (30) days after the effective date of termination. If this Agreement is terminated pursuant to Sections 6.2(a)(i), 6.2(a)(iii), or 6.2(b)(i) of this Agreement, the non-breaching party may pursue such other legal or equitable relief as may be available in addition to such proration.

Appears in 3 contracts

Samples: Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp)

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Remedies Upon Termination. (a) If this Agreement is terminated pursuant to Section 6.2, Incentive Compensation Manager's compensation under this Agreement shall be deemed earned through the date of termination. Any Incentive Compensation due Manager termination and shall be paid within thirty (30) days after the effective date of termination. If this Agreement is terminated pursuant to Sections 6.2(a)(i), 6.2(a)(iii), 6.2(a)(iv), or 6.2(b)(i) of this Agreement, the non-breaching party may pursue such other legal or equitable relief and remedies as may be available in addition to such proration.

Appears in 1 contract

Samples: Management Services Agreement (Physicians Specialty Corp)

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