Common use of Termination by Consultant Clause in Contracts

Termination by Consultant. Consultant may terminate his obligations under this Agreement by giving the Company at least 30 days notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested options. If control in the Company should in any way change from the current President & CEO (Peter Deros), Xxxxxxxxxx may terminate this agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 8 contracts

Samples: Consulting Agreement (Donini Inc), Consulting Agreement (Donini Inc), Consulting Agreement (Donini Inc)

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Termination by Consultant. Consultant may terminate his obligations under this Agreement agreement by giving the Company at least 30 days (30) notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested optionsadvance. If control in the Company company should in any way change from the current President & CEO CEO, (Peter DerosMerritt Jesson), Xxxxxxxxxx may terminate consultant xxx xxxxxxxxx this agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 2 contracts

Samples: Consulting Agreement (Satx Inc), Consulting Agreement (Satx Inc)

Termination by Consultant. Consultant may terminate his obligations under this Agreement agreement by giving the Company at least 30 days (30) notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested optionsadvance. If control in the Company company should in any way change from the current President & CEO CEO, (Peter DerosMerritt Jesson), Xxxxxxxxxx consultant may terminate this xxxxxxxxx xxxs agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 2 contracts

Samples: Consulting Agreement (Satx Inc), Consulting Agreement (Satx Inc)

Termination by Consultant. Consultant may terminate his obligations under this Agreement by giving the Company at least 30 days notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested options. If control in the Company should in any way change from the current President & CEO (Peter Deros), Xxxxxxxxxx Xxxxxxtant may terminate this agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 1 contract

Samples: Consulting Agreement (Donini Inc)

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Termination by Consultant. Consultant may terminate his obligations under this Agreement by giving the Company at least 30 days notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested options. If control in the Company should in any way change from the current President & CEO (Peter Deros), Xxxxxxxxxx Consultant may terminate this agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 1 contract

Samples: Consulting Agreement (Donini Inc)

Termination by Consultant. Consultant may terminate his obligations under this Agreement agreement by giving the Company at least 30 days (30) notice in advance in which event all options previously vested, but unexercised shall remain valid, however Consultant shall not be entitled to any unvested optionsadvance. If control in the Company company should in any way change from the current President & CEO CEO, (Peter DerosXxxxxxx Xxxxxx), Xxxxxxxxxx consultant may terminate this agreement immediately at his option, and all options granted to him pursuant to the terms hereof shall be deemed immediately vested.

Appears in 1 contract

Samples: Consulting Agreement (Satx Inc)

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