TERMINATION BY THE GRANTEE. Subject to State approval which may be reasonably withheld, the Grantee may terminate this Agreement and be relieved of contractual obligations. In doing so, the Grantee must provide a reason(s) for termination. The Grantee must submit all progress reports summarizing accomplishments up until termination date.
TERMINATION BY THE GRANTEE. If Grantee’s employment arrangement with the Company is terminated by the Grantee, then the portion of the Option that was exercisable as of the date of termination of Grantee’s employment arrangement may be exercised for a period of three months from the date of such termination or until the expiration of the Exercise Period, whichever is shorter. The portion of the Option not yet exercisable on the date of termination Grantee’s employment arrangement shall immediately expire.
TERMINATION BY THE GRANTEE. If the Grantee terminates his or her employment with the Company and its Subsidiaries for any reason other than death, Disability [or following the satisfaction of the Age and Service Requirements]3 within the one-year period after this Option is exercised, the Grantee shall pay to the Company, with respect to each Share that is issued pursuant to such exercise, the excess of the Fair Market Value of a Share on the date of exercise over the Exercise Price. This requirement shall be waived only if the Company (or its duly appointed agent(s)) determines in its sole discretion that such waiver is in the best interests of the Company and its Subsidiaries. 3 Note to draft: To be deleted for awards that do not include section 3(c) above.
TERMINATION BY THE GRANTEE. If the Grantee terminates his or her employment with the Company and its Subsidiaries for any reason other than death, Disability or following the satisfaction of the Age and Service Requirements within the one-year period after this SAR is exercised, the Grantee shall pay to the Company the cash payment received for all Shares subject to such exercise. This requirement shall be waived only if the Company (or its duly appointed agent(s)) determines in its sole discretion that such waiver is in the best interests of the Company and its Subsidiaries.
TERMINATION BY THE GRANTEE. The Grantee may terminate the Contract if the Project is stopped through no act or fault of the Grantee for reasons including, but not limited to: • Issuance of an Order of Court or other governmental body having jurisdiction of the Work; • An act of government; and • Repeated suspensions, delays or interruptions caused by Commissioners.
TERMINATION BY THE GRANTEE. The Grantee may terminate this grant contract at any time, with or without cause, upon thirty days written notice to the State. Such written notice must include proposed terms for the discontinuation of the Grantee’s services and an estimated final invoice for the Grantee’s services performed. No later than thirty days after termination, the Grantee must submit a final invoice to the State. The State may accept or reject in whole or in part the Grantee’s proposed terms, estimated final invoice or final invoice, and shall notify the Grantee of its decision within five business days of its receipt of the Grantee’s termination notice, and within fifteen business days of its receipt of the Grantee’s final invoice. Upon termination and submission of a final invoice, and upon acceptance of the final invoice by the State, the Grantee will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed.
