Termination After Initial Term. Following expiration of the Initial Term, either Drone USA or Employee may terminate Employee’s employment at any time, and such termination shall be effective upon delivery of written notice by either party to the other party.
Termination After Initial Term. Either Party may terminate this agreement by providing written notice to the other Party at least 90-days before the anniversary of the Effective Date. If written notice is not received by the non-terminating Party at least 90-days before the anniversary of the Effective Date, this Agreement will automatically renew for another year as set forth above.
Termination After Initial Term. If the parties hereto agree to continue this Agreement after the initial term hereof, Owner shall then be entitled to terminate this Agreement upon thirty (30) days written notice.
Termination After Initial Term. In the event that this Agreement is continued beyond the expected useful life of the CANUS 1 System in conformity with Section 11.1, any Party may thereafter terminate this Agreement by giving the other Party a notice of not less than one (1) year.
Termination After Initial Term. Either party may terminate this Agreement at the expiration of the Initial Term by providing written notice to the other party not less than thirty (30) days prior to the end of the Initial Term, such termination to take effect at the expiration of the Initial Term.
Termination After Initial Term. After the initial two-year term of the Agreement, either you or Wave may terminate the Agreement at any time and for any reason, or for no reason, upon thirty days’ prior written notice to the other party.
Termination After Initial Term. If Employee's employment terminates pursuant to Section 3.2(a) or 3.2(b) hereof after the end of the Initial Term, but before the end of a Renewal Term, if any, Employee shall have no further rights against Tempur-Pedic or the Company hereunder, except for the right to receive the Accrued Benefits and, following execution of a release and waiver in a form satisfactory to Tempur-Pedic and the Company, (i) payment of Base Salary for twelve (12) months (the "Severance Period"), payable in accordance with the normal payroll practices of the Company, and (ii) continuation of the welfare benefits as in effect from time to time for the duration of the Severance Period. The severance amounts described in subsection (i) shall commence within 90 days following Employee’s termination of employment, provided that Employee has delivered the release described above and the release has become effective.
Termination After Initial Term. After the Initial Term, either party may terminate this Agreement, without cause, upon six (6) months prior written notice to the other party hereto.
Termination After Initial Term. 18.4 After expiry of the Initial Term, the Company may terminate the employment in accordance with clause 3.2.
Termination After Initial Term. If, after the expiration of the Initial Term, the Company terminates the Executive's employment (for any reason other than Cause) or the Executive terminates his employment for any reason set forth in Section 5(b)(ii), the Company shall pay to the Executive an amount equal to his Base Pay and Annual Performance Bonus for the number of months (or portion thereof for a partial month) during which the Executive's employment continued after the Initial Term up to a maximum of six (6) months.
