Termination and Notice. 16.1 The employment relationship may be terminated by each of the parties based on a mutual notice period of three months. Termination shall be notified in writing, and the notice period shall be calculated from and including the first day of the month following the issuance of such notice.
16.2 The Employee will be entitled to accelerated vesting of all options received in accordance with clause 5.4 and a salary compensation equal to 1,5 times base annual salary (which shall include the notice period) if:
i. the Employee is asked by the Company to terminate the employment, and provided that the Employee does not dispute such termination, for any other reason than where the Employee (a) commits an act of gross misconduct or shows gross breach of duty which can justify termination of the employment agreement with immediate effect according to applicable law; (b) commits any serious breach or (after warning) repeated or continued material breach of the Employee’s obligations under the Contract; (c) is guilty of fraud, dishonesty or conduct tending to bring the Employee or the Company into disrepute; (d) is declared bankrupt; (e) is convicted of any criminal offence; (f) retires; or (g) reaches the Company’s retirement age, or
ii. where the Employee’s employment is terminated within 12 months of a change of control of the Company as defined in the Company’s LTIP and the Employee’s employment has been terminated for a reason other than those listed in clause 16.2 (i) (a) – (g) above, provided that the Employee must be available to work for the Company full time for a period of 12 months. No severance payment shall be paid and the Employee shall not be entitled to accelerated vesting of options if the Employee disputes the termination or terminates the employment.
16.3 Upon termination of employment, the Employee shall return to the Company all property in the Employee’s possession, custody or control belonging to the Company, including but not limited to business cards, credit and charge cards, keys, security and computer passwords, mobile phones, personal computer equipment, original and copy documents or other media on which information is held in the Employee’s possession relating to the business or affairs of the Company.
16.4 Upon termination of employment, the Employee shall repay any debts to the Company, and release the Company of any guarantee or security for loans or responsibilities on behalf of the Employee.
Termination and Notice. 10.1 This Agreement may be terminated by either party at any time, with or without cause, upon not less than thirty (30) days written notice delivered by mail or in person to the other party. Notice to County: County Judge 000 Xxxxxxx Xxxxxx, 1st Street Richmond, Texas 77469 Notice to the FBHA: Fort Bend History Association Attention: President XX Xxx 000 Xxxxxxxx, XX 00000 If notice is delivered by mail, it shall be deemed received two (2) days after mailing.
Termination and Notice a. Either party may terminate this agreement by providing 30 days written notice to the other party through any suitable channel.
b. Upon termination, the tenant shall return the property in the same condition as at the beginning of the tenancy, minus normal wear and tear.
Termination and Notice. The contract must address the basis for termination of the contract by either party and notice requirements. PHP shall specifically include a provision permitting the PHP to immediately terminate a provider contract upon a confirmed finding of fraud, waste, or abuse by the Department or the North Carolina Department of Justice Medicaid Investigations Division.
Termination and Notice. 17.1. This agreement will terminate upon official written notice of cancellation delivered to Minion Kidz. The notice period for cancellation is one full calendar month's notice period, from the 1st of the month. No notice will be accepted or processed between the 1st and 30th of November.
Termination and Notice. Either party may terminate this Agreement upon written notice to the other. The termination shall be effective immediately on the date of the notice. If the Processor has in its possession any of Originator’s Borrowers’ data, records, or other information, the Processor shall return such data, records, or other information upon termination or ensure secure disposal of such data, records, or other information. Written notifications shall be delivered to the address in the first paragraph of this Agreement. Either party may change the address for such notice by providing notice to the other party in accordance with this Section 5. Written notification may be satisfied by certified mail (return receipt requested), overnight mail, or personal delivery.
Termination and Notice. The LESSEE hereby agrees that the UNIVERSITY may terminate the LESSEE’s tenancy without cause under this Lease upon thirty (30) days written notice. The UNIVERSITY may serve the LESSEE with a three (3) day notice to pay rent or quit, to perform a covenant or quit, or to quit, whichever is appropriate, if the LESSEE fails to pay rent or other charges when due or otherwise breaches the terms and conditions of this Lease. Breaches include, but are not limited to, the following: (a) failure to maintain eligibility for Orchard Park as provided in Section 6, (b) failure to pay promptly the stated rent or other charges levied, (c) XXXXXX's use of the apartment unreasonably damages or endangers the apartment, its furnishings or the building, or unreasonably disturbs residents of other units, (d) the LESSEE violates any other provision of this Lease or the Guide to Student Housing and Dining Services, (e) the LESSEE sublets or assigns any of the rights pursuant to this Lease without receiving prior written consent from the UNIVERSITY. The LESSEE may request to terminate this Lease by submitting a lease cancellation request at least 30 days prior to the end of the quarter. Requests that qualify for consideration subject to UNIVERSITY’s approval include 1) change in eligible student status, 2) Planned Education Leave (PELP), and 3) personal hardship. Approved lease cancellations will result in the lease term ending on the “Quarter End Date” as published by the University Office of the Registrar.
Termination and Notice. (a) Temporary employees - two weeks notice of termination shall be given by either the employee or the employer.
(b) For all other employees – four weeks notice of termination shall be given by all other employees or the employer. This shall not prevent agreement by the parties to a shorter period of notice.
(c) Upon termination of employment the employer shall furnish a signed letter setting out the nature and period of the employee’s employment.
(d) In the unlikely event of the employer’s contract funding for its health services ceasing the employer may terminate this Agreement due to the cessation of funding for the Contractor the employee is employed under. The employee agrees that this may be earlier than any fixed term end date or reason and no pay or compensation is due to the employee for the fixed term period not worked. The employer will provide four weeks’ notice in writing to the employee. The employer may, at its discretion, pay remuneration in lieu of some or all of this notice period. Before the employer terminates this Agreement for cessation of contract funding the employer undertakes to engage in full and early consultation with affected employees.
Termination and Notice. 11.01 A term employee may be terminated at the sole discretion of the Employer upon the provision of two (2) weeks’ notice.
Termination and Notice. 12.2.1. GFOL may terminate this Agreement for TNSI's material breach hereof. A material breach by TNSI shall occur only if any one of the following breaches occurs:
(a) The failure of TNSI (or any TNSI Affiliate) to timely make any payments due under Sections 7 and 8 within 10 days after receiving notice from GFOL of such delinquency more than twice during any calendar year.
(b) Any breach of Section 10 by TNSI (or any TNSI Affiliate) that TNSI does not cure within [****] after receiving notice from GFOL of the breach. In order to cure such breach TNSI must pay GFOL all reasonable recruiting fees and expenses associated with sourcing and hiring an appropriate replacement
(c) Material and repeated breaches by TNSI of any of Sections 2.1.3, 2.1.4, 2.1.5, and 2.1.9 which, in the aggregate, cause GFOL monetary damage for which TNSI does not fully and timely indemnify GFOL pursuant to Section 17 below.
(d) Material breaches of any of Sections 2.1.6, 2.1.7, 2.1.8, 3, 6 and 14 that TNSI does not cure or desist from within [****] after receiving notice from GFOL of the breach and for which TNSI does not fully and timely indemnify GFOL pursuant to Section 17 below, provided that TNSI may commit only [****] breaches of the aforementioned Sections in any 12 month period.
12.2.2. TNSI may terminate the Agreement for (a) GFOL's default of its performance obligations set forth in Section 2.2 above, or (b) GFOL's material breach of any other provision hereof upon [****] written notice specifying the nature of such other breach, if GFOL does not cure such other breach during such notice period, or (c) GFOL's material breach of the Asset Agreement which gives rise to an Established Loss as defined therein and which is not timely cured pursuant to the provisions of that document or which is not otherwise readily cured by the payment of monies through the set-off provisions provided in Section 8.8 thereof, or (d) to the extent permitted by law, a general assignment by GFOL for the benefit of creditors, or the filing by or against GFOL of any proceeding under any insolvency or bankruptcy law, unless in the case of a proceeding filed against GFOL the same is dismissed within [****], or the appointment of a trustee or receiver to take possession of all or substantially all of the assets of GFOL unless possession is restored to GFOL within [****], or any execution or other judicially authorized seizure of all or substantially all of GFOL's assets unless such seizure is discharge...
