Common use of Termination by Default Clause in Contracts

Termination by Default. 15.1 Notwithstanding any other provision of this agreement, the Company may at any time in writing terminate the Executive’s employment with immediate effect and without notice or payment in lieu of notice and without prejudice to any rights or claims which it may have against him if at any time:-

Appears in 3 contracts

Samples: Service Agreement (Edgen Murray LTD), Service Agreement (Bioprogress PLC), Service Agreement (Edgen Murray PLC)

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Termination by Default. 15.1 Notwithstanding any other provision of this agreement, the Company may at any time in writing terminate the Executive’s employment with immediate effect and without notice or payment in lieu of notice and without prejudice to any rights or claims which it may have against him if at any time:-time:—

Appears in 2 contracts

Samples: Service Agreement (Bioprogress PLC), Service Agreement (Bioprogress PLC)

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Termination by Default. 15.1 13.1 Notwithstanding any other provision of this agreement, the Company Board may at any time in writing terminate the Executive’s 's employment with immediate effect and without notice or of payment in lieu of notice and without prejudice to any rights or claims which it may have against him if at any time:-time the Executive shall:

Appears in 1 contract

Samples: Agreement (Ridgewood Power Growth Fund /Nj)

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