Term and Termination of the Agreement. 12.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's office, shall expire on the date of: 12.1.1 the expiry of the Member's term of office as a member of the Board of Directors unless the Member is elected to the office by the General Meeting for a consecutive term of office, in which case the Agreement expires upon the lapse of the last of the consecutive terms of office for which the Member has been elected to the office of a member of the Board of Directors by the General Meeting; 12.1.2 the removal of the Member from the office of member of the Board of Directors of the Company by the General Meeting; 12.1.3 the resignation of the Member from his office of member of the Board of Directors of the Company, as set out by the Articles of Association and the applicable legal regulations; 12.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Board of Directors of the Company as specified by the applicable legal regulations, particularly by the BCA and the CC; or 12.1.5 otherwise than specified above, on the date on which the office of the member of the Board of Directors terminates as set out by the Articles of Association or the applicable legal regulations. 12.2 This Agreement may not be terminated by notice. 12.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this same time limit.
Appears in 4 contracts
Samples: Agreement on the Performance of the Office of Member of the Board of Directors, Agreement on the Performance of the Office of Member of the Board of Directors, Agreement on the Performance of the Office of Member of the Board of Directors
Term and Termination of the Agreement. 12.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's ’s office, shall expire on the date of:
12.1.1 the expiry of the Member's ’s term of office as a member of the Board of Directors Supervisory Board, unless the Member is elected to the office by the General Meeting for a consecutive another immediately following term of office, in which case the Agreement expires shall expire upon the lapse of the last of the consecutive terms immediately following term of office for which the Member has been elected to the office of a member of the Supervisory Board of Directors by the General Meeting;
12.1.2 the removal of the Member from the office of member of the Supervisory Board of Directors of the Company by the General Meeting;
12.1.3 the resignation of the Member from his office of member of the Supervisory Board of Directors of the Company, Company as set out by the Articles of Association and or the applicable legal regulations;
12.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Supervisory Board of Directors of the Company as specified by the applicable legal regulations, particularly by the BCA Corporations Act and the CCCivil Code; or
12.1.5 otherwise than specified above, on the date on which the office of the member of the Supervisory Board of Directors terminates as set out by the Articles of Association or the applicable legal regulationsregulations otherwise than as specified above.
12.2 This Agreement may not be terminated by notice.
12.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which that relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this the same time limit.
Appears in 2 contracts
Samples: Agreement on the Performance of Office of Member of the Supervisory Board, Agreement on the Performance of Office of Member of the Supervisory Board
Term and Termination of the Agreement. 12.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's office, shall expire on the date of:
12.1.1 the expiry of the Member's term of office as a member of the Board of Directors unless the Member is elected to the office by the General Meeting for a consecutive term of office, in which case the Agreement expires upon the lapse of the last of the consecutive terms of office for which the Member has been elected to the office of a member of the Board of Directors by the General Meeting;
12.1.2 the removal of the Member from the office of member of the Board of Directors of the Company by the General Meeting;
12.1.3 the resignation of the Member from his office of member of the Board of Directors of the Company, as set out by the Articles of Association and or the applicable legal regulations;
12.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Board of Directors of the Company as specified by the applicable legal regulations, particularly by the BCA and the CCNCC; or
12.1.5 otherwise than specified above, on the date on which the office of the member of the Board of Directors terminates as set out by the Articles of Association or the applicable legal regulations.
12.2 This Agreement may not be terminated by notice.
12.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this same time limit.
Appears in 2 contracts
Samples: Agreement on the Performance of the Office of Member of the Board of Directors, Agreement on the Performance of the Office of Member of the Board of Directors
Term and Termination of the Agreement. 12.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's office, shall expire on the date of:
12.1.1 the expiry of the Member's term of office as a member of the Supervisory Board of Directors unless the Member is elected to the office by the General Meeting for a consecutive term of office, in which case the Agreement expires upon the lapse of the last of the consecutive terms of office for which the Member has been elected to the office of a member of the Supervisory Board of Directors by the General Meeting;
12.1.2 the removal of the Member from the office of member of the Supervisory Board of Directors of the Company by the General Meeting;
12.1.3 the resignation of the Member from his office of member of the Supervisory Board of Directors of the Company, as set out by the Articles of Association and or the applicable legal regulations;
12.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Supervisory Board of Directors of the Company as specified by the applicable legal regulations, particularly by the BCA and the CCNCC; or
12.1.5 otherwise than specified above, on the date on which the office of the member of the Supervisory Board of Directors terminates as set out by the Articles of Association or the applicable legal regulations.
12.2 This Agreement may not be terminated by notice.
12.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this same time limit.
Appears in 1 contract
Samples: Agreement on the Performance of the Office of Member of the Supervisory Board
Term and Termination of the Agreement. 12.1 11.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's office, shall expire on the date of:
12.1.1 11.1.1 the expiry of the Member's term of office as a member of the Board of Directors Audit Committee unless the Member is elected appointed to the office by the General Meeting for a consecutive term of office, in which case the Agreement expires upon the lapse of the last of the consecutive terms of office for which the Member has been elected appointed to the office of a member of the Board of Directors Audit Committee by the General Meeting;
12.1.2 11.1.2 the removal of the Member from the office of member of the Board of Directors Audit Committee of the Company by the General Meeting;
12.1.3 11.1.3 the resignation of the Member from his office of member of the Board of Directors Audit Committee of the Company, as set out by the Articles of Association and or the applicable legal regulations;
12.1.4 11.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Board of Directors Audit Committee of the Company as specified by the applicable legal regulations, particularly by the BCA and BCA, the CCNCC or the Auditors Act; or
12.1.5 11.1.5 otherwise than specified above, on the date on which the office of the member of the Board of Directors Audit Committee terminates as set out by the Articles of Association or the applicable legal regulations.
12.2 11.2 This Agreement may not be terminated by notice.
12.3 11.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this same time limit.
Appears in 1 contract
Samples: Agreement on the Performance of the Office of Member of the Audit Committee
Term and Termination of the Agreement. 12.1 11.1 This Agreement, except for the provisions which are to remain valid after the termination of the Member's office, shall expire on the date of:
12.1.1 11.1.1 the expiry of the Member's term of office as a member of the Board of Directors Audit Committee unless the Member is elected appointed to the office by the General Meeting for a consecutive term of office, in which case the Agreement expires upon the lapse of the last of the consecutive terms of office for which the Member has been elected appointed to the office of a member of the Board of Directors Audit Committee by the General Meeting;
12.1.2 11.1.2 the removal of the Member from the office of member of the Board of Directors Audit Committee of the Company by the General Meeting;
12.1.3 11.1.3 the resignation of the Member from his office of member of the Board of Directors Audit Committee of the Company, as set out by the Articles of Association and or the applicable legal regulations;
12.1.4 11.1.4 the occurrence of the obstacles that prevent the Member from the performance of the office of member of the Board of Directors Audit Committee of the Company as specified by the applicable legal regulations, particularly by the BCA and BCA, the CCCC or the Auditors Act; or
12.1.5 11.1.5 otherwise than specified above, on the date on which the office of the member of the Board of Directors Audit Committee terminates as set out by the Articles of Association or the applicable legal regulations.
12.2 11.2 This Agreement may not be terminated by notice.
12.3 11.3 Without undue delay after the termination of this Agreement, but by no later than one (1) week after the termination, the Member undertakes to return to the Company all documents that he holds and which relate to the Company and its affairs (in particular agreements, correspondence, accounting records, invoices and powers of attorney) as well as other items belonging to the Company. Furthermore, the Parties are obliged to settle all mutual claims which may arise based on this Agreement, within this same time limit.
Appears in 1 contract
Samples: Agreement on the Performance of the Office of Member of the Audit Committee