Special Right of Termination. Notwithstanding anything herein to the contrary, but subject to the provisions of Section 3(a), within the one-year period immediately following the occurrence of a "Change in Control" (as defined in Subsection (d)), the Executive may terminate his employment for any or no reason by delivering a written notice, similar to a Notice of Termination, to Medifast; and such termination will be deemed for all purposes to constitute a resignation for Good Reason. In such event, he will be entitled to the payments set forth in Section 6.
Special Right of Termination. 1. In the case of serious violations of the terms of this agreement, in particular against compliance with applicable data protection regulations, the client entitled to a special right of immediate termination. Further sanctions, in particular contractual penalties, are excluded.
2. In particular a serious breach shall be presumed if the contractor has not materially fulfilled or has not fulfilled at all the obligations specified under this agreement.
3. In the case of insignificant violations the client shall set a reasonable deadline for the contractor to remedy the situation. If the remedy does not occur in time, the client is entitled to extraordinary termination as described in this section.
Special Right of Termination. Company shall have the right to terminate this Agreement upon written notice to Licensor if the commercial value of the Xxxxxxxxx Identification is substantially reduced because Xxxxxxxxx (i) has been charged with illegal or immoral conduct which could result in a felony conviction and such charges have not been dismissed or terminated within ninety (90) days; or (ii) fails an officially sanctioned drug test or is criminally convicted of any felony or drug related offense. Any termination pursuant to this paragraph shall become effective on the 30th day next following the date of receipt by Licensor of Company's written notice to so terminate.
Special Right of Termination. Notwithstanding anything herein to the contrary, but subject to the provisions of Section 3(a), from the occurrence of the Change in Control event until the end of the one-year period following the consummation of the Change in Control (as defined below), the Executive may terminate his employment for any or no reason by delivering a Notice of Termination, to the Corporation, specifying that the Notice is being given pursuant to this Section 5(c); and such termination will be deemed for all purposes to constitute a resignation for Good Reason. In such event, the Executive will be entitled to the payments and benefits described in Section 6.
Special Right of Termination. In the event of a modification or an amendment to these XXXXX ToS, Customer shall have a special right of termination. Customer may exercise this right until the announced change takes effect, and it may terminate this XXXXX ToS as of the date the changes take effect.
Special Right of Termination. In the event of an amendment or supplement to this Agreement, SUPPLIER shall have a special right of termination. The SUPPLIER may exercise this right until the announced amendment comes into force and terminate this Agreement on the date on which the amendments come into force
Special Right of Termination. (1) The Management Board Chairman/CEO shall have the right to terminate the employment relationship for cause with six months’ notice to the end of the month (special termination right), provided that he simultaneously resigns from his office as a member of the Management Board with effect from the date of termination of the contract. The special termination right of the Management Board Chairman/CEO shall expire at the end of the second month following the month in which the Annual General Meeting of the Company took place in which a resolution was passed on the approval of the actions of the Management Board and Supervisory Board for the 2020 financial year.
(2) If the special right of termination is exercised, the employment relationship shall be wound up until the end of the contract. Compensation and fringe benefits shall be granted until the date of termination of the contract. Stock options from the 2015 stock option program and SARs that have not yet been exercised shall be subject to the provisions thereof.
Special Right of Termination. (a) Each Party can terminate this agreement at any time without complying with a notice period ("extraordinary termination") if there is a serious violation of another Party against data protection regulations or the stipulations of this agreement. A serious violation shall be deemed to exist in particular if one Party has to a great extent not fulfilled the obligations defined in this agreement, particularly the agreed technical and organizational measures.
(b) For insubstantial violations by one Party, the other Parties shall set a reasonable deadline for remedying the defect. If the remedying does not take place in good time, the Parties are also entitled to extraordinary termination.
(c) In case of extraordinary termination, the Party that is responsible for the termination is to reimburse the other Parties for all cost that are incurred due to the premature termination of the Main Contract or of this contract.
(d) Upon termination of the contractual relationship, the leaving Party shall either destroy the data processed or hand them over to the remaining Parties at the Parties’ option. All existing copies of the data shall also be destroyed. The destruction must be carried out in such a way that it is no longer possible to restore the data at a reasonable cost.
Special Right of Termination. 12.1 The Client may extraordinarily terminate the Principal Agreement and this Agreement at any time without notice if there is a serious breach by the Contractor of data protection regulations or the provisions of this Agreement, the Contractor can not or will not execute a lawful instruction from the Principal or the Contractor Inspection rights of the client are refused.
12.2 A serious breach exists in particular if the Contractor has not met to a significant extent or has not fulfilled the obligations specified in this Agreement, in particular the agreed technical and organizational measures.
12.3 In the case of insignificant infringements, the client shall set a reasonable deadline for the contractor to remedy the situation. If the remedy does not occur in time, the client is entitled to extraordinary termination as described in this section.
12.4 The contractor shall reimburse the client for all costs incurred as a result of the premature termination of the main contract or of this contract as a result of an extraordinary termination by the client.
Special Right of Termination. Company shall have the right to elect to terminate the Contract Period at any time if, in the Company's discretion, the Company determines in good faith that (a) the commercial value of the Player Identification is materially impaired by reason of the commission by Player of any act which shocks, insults, and offends the community and ridicules public morals and decency; (b) that the Player Identification no longer is materially beneficial to the Company's business and marketing plans.; provided, however, that the disability or death of Xxxx Xxxxxx alone shall not be deemed to diminish the value of the Player Identification to the Company under this Agreement; or (c) as provided in Paragraph 22(c) above for failure of the Licensor to protect the intellectual property rights associated with the Player Identification in the Contract Territory. Termination under this paragraph shall become effective on the thirtieth (30th) day next following the date of receipt by Licensor of Company's written notification of termination. Should Licensor disagree with Company as to the existence of a condition affording Company the right to so terminate the Contract Period, Licensor shall, within thirty
