Termination at Expiration of Contract Sample Clauses

Termination at Expiration of Contract. If, prior to April 1, 2000, the Company has not offered to renew the Employment Contract on terms at least equal to those contained herein and for a term of not less than one (1) year, the Company shall continue to pay the Executive her base salary in effect on the date of termination for a period of nine (9) months after such termination, plus a severance payment of one (1) week's base salary for each completed six (6) months of Company service through the expiration of this Agreement. The Company shall also provide to the Executive during the Severance Period, the fringe benefits, including accrual of vacation pay, available to her under Sections 3.5 and 3.6, except as modified by Section 5.3.
AutoNDA by SimpleDocs
Termination at Expiration of Contract. The College, in its sole discretion, may terminate the employment of an Association Member at the expiration of the term of the Association Member contract, or at the expiration of any extension of such term by delivering a notice no later than March 1 for Association Members not on a PIP that the College has elected to deny reappointment and has opted to terminate the Association Member’s employment at the expiration of the contract’s term. Such termination of an Association Member’s contract must include a written notice indicating that the termination was the result of the contract’s natural expiration date. For Association Members on a PIP, who do not successfully complete a PIP, the College will provide notice of non-reappointment at least 30 days prior to the beginning of the next semester. Every effort will be made to give more than 30 days’ notice. The College’s decision not to reappoint an Association Member in the first 3 years of employment will be final and non-grievable.
Termination at Expiration of Contract. If not less than thirty (30) days prior to expiration date of the Agreement, GTH has not offered to renew the Agreement on terms at least equal to those contained herein as modified during the Employment Period by mutual agreement of GTH and the Executive and for a term of not less than twenty-four (24) months, the Executive will be eligible to receive the items referenced in Section 6 (a) and 6 (b).
Termination at Expiration of Contract. If, prior to February 28, 2003, the Company has not offered to renew the Employment Contract on terms at least equal to those contained herein as modified during the Employment Period by mutual agreement of the parties and for a term of not less than one (1) year, the Company shall continue to pay the Executive his base salary in effect on the date of termination for a period of six (6) months after such termination and Executive shall remain eligible to receive a performance bonus, calculated in accordance with Section 3.2. The Company shall also provide to the Executive during the Severance Period, the fringe benefits available to him under Section 3.5.
Termination at Expiration of Contract. The College, in its sole discretion, may terminate the employment of a faculty member at the expiration of the term of the faculty member’s contract, or at the expiration of any extension of such term by delivering a notice no later than March 1st that the College has elected to deny reappointment and has opted to terminate the member’s employment at the expiration of the contract’s term. Such termination of a faculty member’s contract shall be adjoined with a written note indicating that the termination was the result of the contract’s natural expiration date. The College is not required to provide a notice of non- reappointment to an employee who has been placed under a performance improvement plan. The contract of an employee under a performance improvement plan shall automatically terminate at the end of the academic year that the performance improvement plan is implemented unless the College takes affirmative action to renew the contract. The College’s decision not to reappoint an employee in their first three years of employment shall be final and not grievable. Nothing in this Article shall effect terminations for cause under Article 7.
Termination at Expiration of Contract. If, prior to December 31, ------------------------------------- 2001, the Company has not offered to renew the Employment Contract on terms at least equal to those contained herein as modified during the Employment Period by mutual agreement of the parties and for a term of not less than one (1) year, the Company shall continue to pay the Executive his base salary in effect on the date of termination for a period of six (6) months after such termination and Executive shall remain eligible to receive a performance bonus, calculated in accordance with Section 3.2. In addition, during this six-month period, the Company shall also provide to the Executive the fringe benefits available to him under Section 3.5 as well as pay to the Executive, during the first three months of the six-month period, the allowances specified in Sections 3.8 and 3.10. If Executive is terminated under this Section 5.4, the "Severance Period" for the purposes of Section 6 will be six (6) months.
Termination at Expiration of Contract. ‌ During the first three years of employment, the College, in its sole discretion, may terminate the employment of an Association Member at the expiration of the term of the Association Member contract by delivering a notice that the College has elected to deny reappointment and has opted to terminate the Association Member’s employment at the expiration of the contract’s term no later than March 1 for Association Members not on a PIP. Such termination of an Association Member’s contract must include a written notice indicating that the termination was the result of the contract’s natural expiration date. The College’s decision not to reappoint an Association Member in the first three years of employment will be final and non-grievable. Association Members on continuing contracts who are not on a PIP will not be discharged unless there is reasonable just cause as outlined in Section 7.1. Prior to terminating an Association Member on a continuing contract, the College will:
AutoNDA by SimpleDocs

Related to Termination at Expiration of Contract

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Termination/Expiration Upon termination or expiration of this Lease, Tenant shall, at Tenant's cost, remove any equipment, improvements or storage facilities utilized in connection with any Hazardous Materials and shall clean up, detoxify, repair and otherwise restore the Premises to a condition free of Hazardous Materials, to the extent such condition is caused by Tenant or any assignee or subtenant of Tenant or their respective agents, contractors, employees, licensees or invitees.

  • Termination of Contracts Neither the Company nor any of its Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any material contract or agreement referred to or described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or by any other party to any such contract or agreement.

  • Lease Expiration Date The Lease Expiration Date has not occurred; and

  • Consequences of Expiration or Termination All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Termination on Notice The Province may terminate the Agreement at any time without liability, penalty, or costs upon giving at least 30 days’ Notice to the Recipient.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!