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.
Appears in 4 contracts
Samples: Board of Directors Services Agreement (Helpful Alliance Co), Board of Directors Services Agreement (Helpful Alliance Co), Board of Directors Services Agreement (Helpful Alliance Co)
