TERMINATION AND EFFECTS OF TERMINATION. Should Employee remain employed by Employer beyond the expiration of the Term specified on Exhibit "A," such employment shall convert to a month-to-month relationship terminable at any time by either Employer or Employee for any reason whatsoever, with or without cause. Upon such termination of the employment relationship by either Employer or Employee for any reason whatsoever, all future compensation to which Employee is entitled and all future benefits for which Employee is eligible shall cease and terminate. Employee shall be entitled to pro rata salary through the date of such termination, but Employee shall not be entitled to any individual bonuses or individual incentive compensation not yet paid at the date of such termination.
TERMINATION AND EFFECTS OF TERMINATION. 3.1 Notwithstanding any other provisions of this Agreement, Employer shall terminate Employee’s employment under this Agreement at any time during the Term for any of the following reasons:
(i) For Cause (as defined herein) upon the determination by the Board that Cause exists for the termination of the employment relationship. For purposes of this Agreement, “Cause” shall mean (a) Employee’s gross negligence, recklessness or willful misconduct in the performance of the duties and services required of Employee pursuant to this Agreement; (b) Employee has been indicted or convicted of a felony, entered a plea of guilty or nolo contendere to a felony charge or accepted a deferred adjudication or probated sentence in connection with, an alleged felony; (c) Employee has willfully refused without proper legal reason to perform the duties and responsibilities required of Employee under this Agreement which remains uncorrected for thirty (30) days following written notice to Employee by the Board of such failure to perform; (d) Employee has engaged in conduct or acts of moral turpitude that Employee knows or should know is materially injurious to the Company or any of its subsidiaries and affiliates; (e) Employee’s breach of any provision of this Agreement or corporate code or policy; or (f) Employee violates any applicable law in the conduct of Employee’s duties hereunder. It is expressly acknowledged and agreed that the decision as to whether “cause” exists for termination of the employment relationship by Employer is delegated to the Board for determination. If Employee disagrees with the decision reached by the Board, the dispute will be limited to whether the Board reached its decision in good faith;
TERMINATION AND EFFECTS OF TERMINATION. Should Employee remain employed by Employer beyond the expiration of the Term specified on Exhibit "A," such employment shall convert to a month-to- month relationship terminable at any time by either Employer or Employee for any reason whatsoever, with or without cause. Upon such termination of the employment relationship by either Employer or Employee for any reason whatsoever, all future compensation to which Employee is entitled and all future benefits for which Employee is eligible shall cease and terminate. Employee shall be entitled to pro rata salary through the date of such termina tion, but Employee shall not be entitled to any individual bonuses or individual incentive compensation not yet paid at the date of such termination. Nothing herein precludes Employee from participating in any severance program or policy instituted by the Employer under which Employee is otherwise eligible.
TERMINATION AND EFFECTS OF TERMINATION. This Agreement shall expire automatically without need for further notice upon the expiration of the Term.
TERMINATION AND EFFECTS OF TERMINATION. 10.1 This Agreement may be terminated by the Firm forthwith in the event
10.1.1 Vendor fails to make payment of the sum demanded after it has been served a 48 hours written notice;
10.1.2 Vendor commits a material breach of any representation, obligations, covenant, warranty or term of this agreement and the same is not cured within 30 days after written notice given by the Firm.
10.1.3 If a Petition for insolvency is filed against the Vendor.
10.1.4 If the Vendor is in infringement of the third party rights including intellectual property rights.
TERMINATION AND EFFECTS OF TERMINATION. Should Employee remain employed by Employer beyond the expiration of the Term of this Agreement, and this Agreement has not been extended by Employer, the Employer-Employee relationship shall be Employment at Will, terminable at any time by either Employer or Employee for any reason whatsoever, with or without cause.
TERMINATION AND EFFECTS OF TERMINATION. Should Employee remain employed by Employer beyond the expiration of the Term, such employment shall convert to a month-to-month relationship terminable at any time by either Employer or Employee for any reason whatsoever, with or without cause. Upon such termination of the employment relationship by either Employer or Employee for any reason whatsoever, all future compensation to which Employee is entitled and all future benefits for which Employee is eligible shall cease and terminate. Upon the expiration of the Term, Employer shall have no obligation to offer Employee a new employment agreement.
TERMINATION AND EFFECTS OF TERMINATION.
21.1 This Agreement may be terminated immediately by either party upon written notice to the other :
21.1.1 If there is a material breach of this Agreement that is, in the reasonable opinion of the affected party, irremediable or if the breach is remediable, the other party fails to remedy that breach within twenty (20) Working Days after been notified in writing to do so;
21.1.2 If either party stops, or threatens to stop, payment of its debts or ceases or threatens to cease to carry on or changes its business or a substantial part of its business (except in the course of a solvent amalgamation or reconstruction approved by the other party) or shall, for the purposes of any law applicable to it, be deemed to be unable or shall admit its inability to pay its debts (including the payment of any amount in respect of taxes) as they fall due, or shall become insolvent;
21.1.3 If any person petitions for court protection or winding-up of either party, or if any meeting is called to consider a resolution to wind-up the party or any such resolution is passed or any other corporate action or other steps are taken or legal proceedings are started for the winding-up, dissolution, examination or reorganisation or for the appointment of a receiver, examiner, trustee in bankruptcy, administrator, administrative receiver or similar officer of the party or of any or all of its revenues and assets;
21.1.4 If an order for the winding-up of either party is made or any liquidator, provisional liquidator, receiver, examiner, trustee in bankruptcy, administrator, administrative receiver, voluntary administrator, manager or similar officer is appointed to or over any or all business, revenues or assets of either party; and
21.1.5 in accordance with Clause 25.2.
21.2 The Customer may, subject to payment of Termination Charges, terminate a Statement of Work in whole or part at any time by giving the Supplier the prior written notice of such termination as prescribed in the relevant Statement of Work.
21.3 Termination of this Agreement will not automatically terminate all Statements of Work unless the Parties agree otherwise in writing. Termination of an individual Statement of Work shall not terminate any other Statement of Work or this Agreement, unless the other Statement of Work or this Agreement is terminated at the same time.
21.4 Termination or expiry of this Agreement or a Statement of Work shall not affect the coming into force or continuance in force of any provision w...
TERMINATION AND EFFECTS OF TERMINATION. Unless earlier terminated as otherwise provided herein, the Term specified on Exhibit A shall automatically extend for an additional year unless terminated upon written notice by either party not less than sixty (60) days prior to the end of the Term, and shall continuously renew thereafter on an annual basis unless terminated by either party within sixty (60) days prior to the end of such year.
TERMINATION AND EFFECTS OF TERMINATION. 12.3.1. Either Party may terminate the Agreement unilaterally, at any time and without referral to the courts, by written notice to the other Party if the latter materially breaches any of its contractual obligations or (insofar as remedy is possible) fails to rectify this within thirty (30) Calendar Days of the written notice.
12.3.2. To the maximum extent permitted by law, the Agreement shall automatically be terminated if either Party ceases its activities, becomes insolvent or goes into bankruptcy, is dissolved or undergoes a similar procedure.
12.3.3. In case the Initial Term was automatically renewed for an indefinite Renewal Term, either Party can terminate the Agreement during the Renewal Term at any time with thirty (30) Calendar Days prior written notice except in case of mobile phone number port out, in which case the Agreement is terminated immediately once the port out is effective (see article 10 for more information on the number port out procedure).
12.3.4. If the Customer prematurely terminates the Agreement during the Initial Term an early termination fee shall be payable by the Customer to Proximus amounting to the equivalent of the monthly Service fees that would have been due in case of execution of the Agreement until the end of the current Agreement period. Moreover, Proximus reserves the right to claim an additional compensation from the Customer equivalent to 50 % of the average monthly amount of the communications charged during the last three (3) months (invoices closed at the moment of termination), multiplied by the number of remaining months until the initial end date; as well as a fixed indemnity of € 50 per SIM card for the administrative costs due to the premature termination. In case of partial termination by the Customer, the early termination fee shall be calculated pro rata. Besides this compensation for early termination, any arrangement made for deferred payment shall become null and void, and any outstanding sums relating to, for example the installation or infrastructure costs, shall be due immediately. Proximus reserves the right to claim the reimbursement of any discount that the Customer may have unduly benefitted from. This calculation does not take into account the Evolution Rate. In addition, if the termination takes place during the implementation phase, costs suffered and works carried out by Proximus will be charged to the Customer.
12.3.5. Compensation may be requested from the Customer who has subscribed ...
