Termination by the Executive After Change of Control Sample Clauses

Termination by the Executive After Change of Control. In the event that the Executive terminates employment hereunder after a "Change of Control" for "Good Reason" (as defined in Section 5.G), the Company shall have no further liability or obligation under or in connection with this Agreement, except to pay the Executive the Severance Payment in eighteen (18) equal monthly installments, the first such installment payable within ten (1) days after the date of termination and the remaining installments payable monthly thereafter. The termination of the Executive's employment for "Good Reason" shall be effective as of the date specified in Section 5.G. In the event that the Executive voluntarily terminates employment hereunder for other than "Good Reason" (as defined in Section 5.G) after a "Change of Control," the Company shall have no further liability or obligation under or in connection with this Agreement.
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Related to Termination by the Executive After Change of Control

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • Notice of Termination by the Employer (i) Subject to Clause 2.6.1, in order to terminate the employment of the Employee, the Employer shall give the Employee the following notice: Period of Continuous Service Period of Notice Not more than 1 year 1 week More than 1 year and up to the completion of 3 years 2 weeks More than 3 years and up to the completion of 5 years 3 weeks 5 years and over 4 weeks

  • Notice of Termination by the Employee 27.2.1 The notice of termination required to be given by an employee is the same as that required by the Employer, except that there is no requirement to give additional notice based on age.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Termination by the Funder The Funder may terminate this Agreement by providing ten (10) calendar days written notice to the Claimholder after the occurrence of any of the following events. The notice shall reasonably describe the alleged breach which is the basis of such termination and clearly state the Funder’s intent to terminate this Agreement if the alleged breach is not cured within ten (10) calendar days of the Claimholder’s receipt of the notice.

  • Termination by XOOM We may terminate this Contract, or the applicable portion of this Contract, at our discretion and without penalty immediately upon notice to you if:

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period.

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

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

  • Re-employment After Voluntary Termination or Dismissal for Cause Where an employee voluntarily leaves the Employer's service, or is dismissed for cause and is later re-engaged, seniority and all perquisites shall date only from the time of re-employment, according to regulations applying to new employees.

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