Termination by Expiration of Term Sample Clauses

Termination by Expiration of Term. If Executive's employment hereunder shall terminate upon expiration of the term provided in Section 3.1 hereof, all compensation and all benefits to Executive hereunder shall terminate contemporaneously with termination of Executive's employment, except for such benefits as may be required by law.
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Termination by Expiration of Term. This Agreement shall terminate at the expiration of its term pursuant to Clause 11.
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Termination by Expiration of Term. In the event of expiration of the term, this Agreement shall terminate automatically on December 31, 2016 (“Termination Date”). The Director shall be entitled to receive, and the Company shall (i) pay the Director any accrued and unpaid Compensation as set out above, and (ii) issue any Shares vested on or before the Termination Date as set out above in this Agreement, and (iii) pay the Director any business expenses which were properly reimbursable to the Director through the Termination Date. The Director shall be entitled to no further payment upon such termination.
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Termination by Expiration of Term. This Agreement shall expire as of the date of the expiration of the Term, without notice or any further action of either Party, unless prior to said expiration, the Term is extended by mutual agreement of the Parties as set out in an amendment.
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Termination by Expiration of Term. If Executive’s employment is terminated by the Company pursuant to Section 2(b)(B) of the Employment Agreement and a Qualified Public Offering, a Change of Control or Subsequent Sale occurs within six (6) months of the Termination Date, then Executive is entitled to receive the special bonus (subject to the satisfaction of any other relevant terms above).
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Termination by Expiration of Term. In the event Executive’s employment under this Agreement is terminated by the Company pursuant to Section 2(b)(B) of this Agreement, then Executive shall be entitled to (A) the Accrued Benefits payable as provided in Section 5(a) hereof and (B) subject to the Conditions, a lump sum amount payable within sixty (60) days following the Termination Date equal to the number of days (at the Base Salary rate) between the Termination Date and the next anniversary of the Effective Date.
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Termination by Expiration of Term. This Agreement shall terminate automatically on December 31, 2023, without the need for notice by any Party, unless the Parties amend the Agreement by extending its term.
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Termination by Expiration of Term. If this Agreement is terminated by Executive’s decision not to renew this Agreement pursuant to Section 2 and subsection 6(g), then the Executive shall not be entitled to any severance pay after the expiration of the New Term or the Renewal Term then in effect. If this Agreement is not renewed by the Company pursuant to Section 2 and subsection 6(g), then the Company will pay Executive a severance payment at the end of the New Term or the Renewal Term then in effect in cash equal to two times the Executive’s Annual Salary at the rate of Annual Salary in effect on the date of the Non-Renewal Notice. The Company shall make the severance payment to Executive within 15 calendar days after the last day of the New Term or the Renewal Term then in effect. Upon the expiration of the New Term or Renewal Term then in effect, the Company shall pay to Executive his accrued but unpaid salary and any amount due (and not previously paid) to Executive under subsection 3(e) for reasonable expenses incurred by Executive in the performance of his duties hereunder.
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Termination by Expiration of Term. If this Agreement is terminated by Executive’s election not to renew this Agreement pursuant to Section 2 and subsection 6(h), then the Executive shall not be entitled to any severance pay. However, in such event the Company shall pay to Executive his accrued but unpaid salary and any amount due (and not previously paid) to Executive under subsection 3(e) for reasonable expenses incurred by Executive in the performance of his duties hereunder. If Executive elects to not renew this Agreement, the Company, at its option, may terminate Executive’s employment and pay Executive his base salary then in effect for the remainder of the Initial Term or any Renewal Term then in effect.
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Related to Termination by Expiration of Term

  • Expiration of Term During the Initial Term or Renewal Term, whichever currently is in effect, should either party exercise its right to terminate, all out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Fund. Additionally, the Transfer Agent reserves the right to charge for any other reasonable expenses associated with such termination.

  • Termination by Either Party This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • Termination by Employee Employee may terminate his employment under this Agreement by 60 days' written notice to the Company.

  • Effect of Termination or Expiration On the expiration or earlier termination of this Agreement:

  • Effects of Termination or Expiration Upon expiration or termination of this Agreement for any reason:

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Termination by Employer (i) Employer may terminate this Agreement upon written notice for Cause. For purposes hereof, "

  • Termination by Executive The Executive may terminate his employment hereunder at any time for any reason by giving the Company prior written notice not less than 30 days prior to such termination. Any termination pursuant to this paragraph 3(e) shall preclude a later claim that such termination was for Good Reason.

  • Continued Employment Following Expiration of Term Nothing in this Agreement shall mandate or prohibit a continuation of Executive’s employment following the expiration of the term of this Agreement, upon such terms and conditions as the Bank and Executive may mutually agree.

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