Termination by the Board Sample Clauses

Termination by the Board. (i) The Board of Directors may terminate the Employee's employment at any time, but any termination by the Employer other than termination for Cause (as defined in Section 9(a)(iii) below) shall not prejudice the Employee's right to receive compensation and other benefits under this Agreement, except as otherwise stated in this Agreement. In the event of a termination for Cause, the Employee shall have no right to receive payment, compensation or other benefits, including payment of legal fees and expenses incurred, for any period after termination for Cause except as otherwise required by law. Where the Employer terminates the employment of the Employee other than termination for Cause, the Employer shall continue to be subject to any independent obligation to the Employee under any employee benefit plan in which the Employee is then a participant. Where the Employee's employment is terminated for Cause, the Employer shall have no obligation to continue to be subject to any independent obligations to the Employee under any employee benefit plan for which the Employee is then a participant, except as otherwise required by law. (ii) In the event that the Employee’s employment ceases by reason of the Employer’s termination of the Employee’s employment during the Term other than for Cause, or if the Employee voluntarily resigns for a Good Reason, or if Employee’s employment terminates as a result of the Employee’s death or Total Disability, or if either party provides the other party with written notice that the party does not desire to extend the employment relationship beyond the end of the Term, as set forth in Section 2 of this Agreement, then all unvested options, restricted stock and other equity (options, restricted stock and other equity are, collectively, “Equity”) that has previously been granted to Employee shall vest on the Termination Date and any restrictions that had been placed on Equity shall lapse and the Equity shall be freely transferable. In the event that the Employee’s employment ceases by reason of the Employer’s termination of the Employee’s employment during the Term other than for Cause, if the Employee voluntarily resigns for a Good Reason, or if either party provides the other party with written notice that the party does not desire to extend the employment relationship beyond the end of the Term, as set forth in Section 2 of this Agreement, then in lieu and replacement of the Employee's entitlement to any compensation and other b...

Termination by the Board. The Board retains the irrevocable right to terminate this Agreement at any time, subject only to the applicable provisions of Chapter 125, Florida Statutes, the County Code of Ordinances and those provisions contained in this Agreement where matters of termination and severance are addressed. Upon such termination, all services of the County Administrator shall also terminate. For purposes of Section 125.73, F.S., should the County Administrator request a hearing, such request shall be provided to the Board within three (3) business days of the notice of proposed termination.

Termination by the Board. The Board may terminate this Agreement and Chancellor's employment with the District with or without cause at any time, in the sole discretion of the Board upon thirty (30) days written notice before the termination date. For purposes of this Agreement, the phrases "for cause" or "with cause" only relate to Chancellor's potential entitlement to severance, and do not alter her at-will status.

Termination by the Board. The Board, unilaterally and without cause, may terminate this Agreement. In consideration of the Board’s right to terminate this Agreement without cause, the Board shall pay the Assistant Superintendent’s then-current salary for the remainder of the Agreement or twelve (12) months, whichever is less, consistent with Government Code sections 53260 and 53261. Upon termination of this Agreement pursuant to this provision, the Assistant Superintendent shall continue to receive the health benefits to which he was previously entitled for the remainder of this Agreement or until the Assistant Superintendent finds other employment, whichever occurs first in accordance with Government Code section 53261. Any cash settlement paid hereunder shall be fully reimbursed to the District if Cox is convicted of a crime involving an abuse of his office or position.

Termination by the Board. The Board unilaterally and without cause may terminate this Agreement and employment of the Deputy Superintendent. In consideration of the Board's right to terminate this Agreement without cause, the Board shall pay the current salary of the Deputy Superintendent, as provided for in Section 6, Salary, of this Agreement, or any amendment thereto, for the remainder of the Agreement, but not to exceed twelve (12) months consistent with Government Code Sections 53260 and 53261. Upon termination of this Agreement pursuant to this section, the Deputy Superintendent shall continue to receive the fringe benefits to which he or she was previously entitled for the remainder of this Agreement, but not to exceed twelve (12) months, or until the Deputy Superintendent finds other employment, whichever occurs first, in accordance with Government Code Section 53261.

Termination by the Board. Subject to the terms of the Program Agreements, the Board of Trustees may, by majority vote, terminate the membership of any Member Entity or any Affiliate Entity and expel the Member or Affiliate Entity from the Trust or limit the availability of specific trust programs upon the occurrence of any of the following: A. If the Member or Affiliate Entity submits required contributions late on a regular basis, the Trust will provide notice of such late contributions. If the Member or Affiliate Entity continues to make late contributions after notice, such late payment will provide grounds for termination and expulsion from the Trust; B. If the Member or Affiliate Entity fails for a period of more than one year to meet the required participation levels established by Section 7.01(B); C. If the Trust ceases operations; D. If the Member or Affiliate Entity fails to provide accurate and complete information sought by the Trust for the purpose of complying with State or Federal law; E. If the Member or Affiliate Entity falsifies, misrepresents or otherwise fails to provide accurate information regarding health, loss or demographic information relied on by the Trust to establish premium rates; F. If the Member or Affiliate Entity breaches the terms of this Agreement or its participation agreement with the Trust.

Termination by the Board. The SFB Board may terminate this Agreement at any time by giving Notice of Termination in accordance with Section 7.4 below.

Termination by the Board. (i) The Board of Directors may terminate the Employee's employment at any time, but any termination by the Employer other than termination for Cause (as defined in Section 9(a)(iii) below) shall not prejudice the Employee's right to receive compensation and other benefits under this Agreement, except as otherwise stated in this Agreement. In the event of a termination for Cause, the Employee shall have no right to receive payment, compensation or other benefits, including payment of legal fees and expenses incurred, for any period after termination for Cause except as otherwise required by law. Where the Employer terminates the employment of the Employee other than termination for Cause, the Employer shall continue to be subject to any independent obligation to the Employee under any employee benefit plan in which the Employee is then a participant. Where the Employee's employment is terminated for Cause, the Employer shall have no obligation to continue to be subject to any independent obligations to the Employee under any employee benefit plan for which the Employee is then a participant, except as otherwise required by law.

Termination by the Board. The Board may terminate this Agreement after sixty (60) days prior written notice to EMAN upon the occurrence of any of the following: 1. If EMAN shall cease to be approved by the Authorizer to render services under this Agreement; 2. In the event that EMAN or any of its Shareholders, and/or Board of Directors shall be guilty of felony or fraud, gross dishonesty, or other act of gross misconduct in the rendering of services under the Agreement; 3. In the event that EMAN fails to remedy a material breach of its duties or obligations under this Agreement within sixty (60) days after written notice of the breach is provided to EMAN by Academy; 4. In the event the Authorizer determines to exercise its prerogative under MCL 380.507(7) and Section 9.3 hereof to reconstitute the Academy by requiring the termination or amendment of the ESP Agreement, with no cost or penalty to the Academy, and no recourse to the University or any third party affiliated with or engaged by the Authorizer, by the ESP or any subcontracted person or entity of the ESP. Upon such termination, EMAN shall have the option to reclaim any usable property or equipment (e.g. copy machines, personal computers) installed by EMAN and not paid for by the Academy or to reclaim the depreciated cost of such equipment. Provided, however, all textbooks and instructional materials and any office operating assets, to the extent paid for by the Academy shall remain the property of the Academy. Costs related to the operation of the Academy up to the date of termination shall be reimbursed to EMAN. Notwithstanding the foregoing, this Agreement may be terminated by either party immediately in the event that the Contract is revoked or terminated by the Authorizer for any reason. In addition, this Agreement may also be terminated by either party immediately in the event the other party is declared bankrupt or insolvent, or makes an assignment for the benefit of its creditors, or if a receiver is appointed or any proceedings are commenced, voluntary or involuntary, by or against such party under bankruptcy or similar law and such status is not cured within sixty (60) days from its occurrence. The ESP shall notify the Board if any principal or officer of the ESP, or the ESP (including any related organizations or organizations in which a principal or officer of the ESP served as a principal or officer) as a corporate entity, has filed for bankruptcy protection in the last six (6) months or within any applicable p...

Termination by the Board. The Board unilaterally and without cause may terminate this Agreement and the Chief Executive Officer's employment. In consideration of the Board's right to terminate this Agreement without cause, the Board shall pay to the Chief Executive Officer an amount equal to the Chief Executive Officer's then current salary, as provided for in paragraph 4 of this Agreement,