Termination of Association Sample Clauses

Termination of Association. (a) If Optionee's association with the Company or its direct or indirect subsidiaries terminates for any reason other than by reason of death or disability or "for cause" as defined in Paragraph 14 (b) below, all currently exercisable installments of this Option shall remain exercisable for a period of thirty (30) days unless otherwise provided in an agreement with the Company from the date of termination and, to the extent not exercised, shall terminate. All other non-vested installments of this Option shall immediately and automatically terminate. (b) If Optionee's association with the Company or its direct or indirect subsidiaries terminates by virtue of a termination for cause (as defined in Optionee's Consulting Agreement, if applicable or as set forth below), the Committee shall have the right to terminate the Option, upon the date of termination of association, whether vested or not, in their sole discretion, without prior notice to Optionee. If Optionee is not affiliated with the Company pursuant to a Consulting Agreement as of the date of termination, cause shall mean the substantial breach or continuous neglect by Optionee of his obligations, or willful misconduct by Optionee in the performance of such obligations which occurs or persists after notice and an opportunity to cure.
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Termination of Association. Upon termination of association with the ISO, an ISO Employee with access to Confidential Information shall not disclose the information to any person outside of the ISO, nor use Confidential Information in any manner for personal benefit or for the benefit of a third party.
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Termination of Association with the club. If the player wishes to terminate their association with the team or club, it is the Parent/Guardian’s resposnibility to ensure that all items allocated to their child is returned within 14 days of confirming they are leaving the team/club. Parent agrees that if they do not return the kit/equipment within the kits and Equipment then will be charged the cost of replacing these items. Written Reciept of kit returns will be provided.
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Termination of Association. If the Solicitor ceases to be with Advisor for any reason, the obligation of Advisor to pay to Solicitor a portion of the fees received from Clients referred by Solicitor ceases immediately.
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Termination of Association. The Association shall exist in perpetuity. If the Association is dissolved, the assets, including the Surface Water Management System Facilities, shall be transferred to a governmental or non-profit entity in compliance with the rules of the Southwest Florida Water Management District. If the Association ceases to exist and such transfer is not made, all of the Owners shall be jointly and severally responsible for operation and maintenance of the Surface Water Management System Facilities in accordance with the requirements of the Environmental Resource Permit, unless and until an alternate entity assumes responsibility.
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Termination of Association. It is anticipated that the individual Members of Company will be associated with the WFOE as either an employee, officer, director or other capacity. Upon the termination of such association with the WFOE, Company shall have the option (but not the obligation) to purchase, and such disassociated individual Member shall sell, all of such Member’s Units in accordance with paragraphs (b) and (d) of this Section 6.5. In order to exercise such option, Company must give notice of such exercise to the disassociated Member within sixty (60) days after the date such association was terminated.
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Termination of Association. Upon termination of association of the Optionee with the Company, the Option, to the extent the Option is then exercisable as of said termination date based upon the vesting schedule set forth in Section 3 hereof, but not theretofore exercised, shall terminate and become null and void thirty (30) days after the date of such termination ("Association Termination Date"); except that if the Optionee shall die, or become totally and permanently disabled (as described in Section 22(e)(3) of the Code), while associated with the Company, in case of death the legal representative of the Optionee (or such person who acquired such Option by reason of the death of the Optionee), or in the case of total and permanent disability the Optionee, may, not later than six (6) months from the date of death or total and permanent disability, exercise the Option in respect of any or all of the Common Stock subject to the Option. In no event, however, shall any person be entitled to exercise the Option (i) after the expiration of the period of exercisability of the Option as specified herein, or (ii) with respect to any portion of the Option which is only exercisable after Optionee's date of termination, based upon the vesting schedule set forth in Section 3 hereof. For purposes of determining the rights of the Optionee under the vesting schedule set forth in Section 3 hereof, the vesting rights shall be calculated to the Association Termination Date.
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Termination of Association. (a) If the Participant does not remain associated with the Company through the Vesting Date set forth in Section 3, all shares of Restricted Stock not vested as of the date the Participant is no longer associated with the Company will be forfeited (the “Forfeited Shares”), the Participant shall not have any rights to any of the Forfeited Shares and any stock certificates then held by the Participant representing the Forfeited Shares shall be cancelled and voided. (b) In the event the Participant’s association with the Company shall terminate (other than on account of death or Disability) prior to the end of the Restriction Period, or any other event causing the forfeiture of the Restricted Stock prior to a Vesting Date, the Participant shall be obligated immediately to redeliver to the Company any stock certificates representing the Forfeited Shares. No payment by the Company will be due to the Participant for the Forfeited Shares.
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Related to Termination of Association

  • Termination of Assignment Citizens and the Firm may each terminate a specific assignment or all assignments held by the Firm, at any time upon advanced written notice. Citizens may also reassign any matter at any time upon advanced written notice.

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination. 5.1.2. A/E shall have the opportunity to cure the alleged breach prior to termination. 5.1.3. In the event the alleged breach is not cured by A/E prior to termination, all work performed by A/E pursuant to this AGREEMENT, which work has been reduced to plans or other documents, shall be made available to COUNTY.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Transition of Registry upon Termination of Agreement Upon expiration of the Term pursuant to Section 4.1 or Section 4.2 or any termination of this Agreement pursuant to Section 4.3 or Section 4.4, Registry Operator shall provide ICANN or any successor registry operator that may be designated by ICANN for the TLD in accordance with this Section 4.5 with all data (including the data escrowed in accordance with Section 2.3) regarding operations of the registry for the TLD necessary to maintain operations and registry functions that may be reasonably requested by ICANN or such successor registry operator. After consultation with Registry Operator, ICANN shall determine whether or not to transition operation of the TLD to a successor registry operator in its sole discretion and in conformance with the Registry Transition Process; provided, however, that (i) ICANN will take into consideration any intellectual property rights of Registry Operator (as communicated to ICANN by Registry Operator) in determining whether to transition operation of the TLD to a successor registry operator and (ii) if Registry Operator demonstrates to ICANN’s reasonable satisfaction that (A) all domain name registrations in the TLD are registered to, and maintained by, Registry Operator or its Affiliates for their exclusive use, (B) Registry Operator does not sell, distribute or transfer control or use of any registrations in the TLD to any third party that is not an Affiliate of Registry Operator, and (C) transitioning operation of the TLD is not necessary to protect the public interest, then ICANN may not transition operation of the TLD to a successor registry operator upon the expiration or termination of this Agreement without the consent of Registry Operator (which shall not be unreasonably withheld, conditioned or delayed). For the avoidance of doubt, the foregoing sentence shall not prohibit ICANN from delegating the TLD pursuant to a future application process for the delegation of top-­‐level domains, subject to any processes and objection procedures instituted by ICANN in connection with such application process intended to protect the rights of third parties. Registry Operator agrees that ICANN may make any changes it deems necessary to the IANA database for DNS and WHOIS records with respect to the TLD in the event of a transition of the TLD pursuant to this Section 4.5. In addition, ICANN or its designee shall retain and may enforce its rights under the Continued Operations Instrument for the maintenance and operation of the TLD, regardless of the reason for termination or expiration of this Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Duration of Assistance Program funds will be distributed as a one-time payment to the servicer.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Early Termination of Agreement This agreement may be terminated at any time upon a thirty (30) day written notice from either party, and without fault or claim for damages by either party.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Amendment or Termination of Agreement This Agreement may be changed or terminated only upon the mutual written consent of the Company and Executive. The written consent of the Company to a change or termination of this Agreement must be signed by an executive officer of the Company after such change or termination has been approved by the Board.

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