Termination of Consultancy. Either the Company or Consultant may terminate the Consulting Period and Consultant’s Services hereunder at any time, for any reason, upon written notice to the other party, subject to the following requirements upon termination.
Termination of Consultancy. The Consultant's consultancy hereunder shall terminate prior to the scheduled end of the Term upon the first to occur of:
(a) the death of the Consultant; or
(b) the Consultant's illness, disability or incapacity ("Disability") that prevents the Consultant from performing his duties hereunder for sixty (60) consecutive days, or for any sixty (60) days within any one hundred and eighty (180) day period, and the provision of written notice of such termination to the Consultant; or
(c) written notice by the Parent to the Consultant of termination of the Consultant's consultancy by the Parent for "Cause," which shall include, without limitation, (i) the failure of the Consultant to perform his duties hereunder after at least 30 days' written notice thereof specifying such failure and the Consultant's failure to remedy same within such 30-day period; (ii) any act of illegality, dishonesty, moral turpitude, or fraud in connection with the Consultant's consultancy; (iii) any course of action by the Consultant which is materially detrimental to the business of the Parent or any of its affiliates (including without limitation any violation of Sections 7, 8 or 9 of this Agreement); or (iv) the commission by the Consultant of any felony; or
(d) written notice by the Parent to the Consultant of termination of the Consultant's consultancy without Cause; or
(e) written notice by the Consultant to the Parent of termination of his consultancy. The date of termination of the Consultant's consultancy shall be the date written notice is given or such later date (within thirty (30) days following such notice) specified in the written notice.
Termination of Consultancy. (a) Unless earlier terminated in accordance with this Section 8, this Agreement shall terminate, with no additional action required by any party, at the end of the Consulting Period.
(b) In the event that (i) either Consultant dies or becomes totally and permanently disabled (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) or (ii) there has been a material breach by either Consultant of the terms of Sections 3, 5 or 7 hereof or any applicable provision of the Acquisition Agreement (a “Consultant Breach”), then, in either case, the Buyer may, upon 30 days’ prior written notice to the applicable Consultant (the “Buyer Notice”), terminate this Agreement. In the event of such a termination, all rights of such Consultant under Sections 6(a) and 6(b) hereof shall immediately terminate and the Buyer shall thereafter have no obligation to pay the Fee or provide any additional amounts or benefits to such Consultant hereunder; provided, however, that the Buyer shall be obligated to pay to the remaining Consultant, if any, such portion of the Fee as may be mutually agreed by the Buyer and such remaining Consultant. No Consultant Breach shall exist unless and until the Buyer has delivered to the applicable Consultant the Buyer Notice and the Consultant has been provided with an opportunity to cure the Consultant Breach within 30 days after delivery of the Buyer Notice, and has not so cured such Consultant Breach.
(c) In the event that the Buyer has failed to comply in any material respect with the provisions of Sections 6(a) or 6(b) hereof (a “Buyer Breach”), either Consultant may, upon 30 days’ prior written notice (the “Consultant Notice”) to the Buyer, terminate his Consulting Period hereunder. In the event of such a termination, the Buyer shall continue to pay the Fee in accordance with the provisions of Section 6(a) hereof. No Buyer Breach shall exist unless and until either Consultant has delivered to the Buyer the Consultant Notice and the Buyer has been provided with an opportunity to cure the Buyer Breach within 30 days after delivery of the Consultant Notice, and has not so cured such Buyer Breach. In the event the Consultant terminates his Consulting Period pursuant to this Section 8(c), his obligations under Section 3 hereunder shall cease as of the date of such termination, but his obligations under Section 5 shall continue until the fourth anniversary of the Effective Date and his obligations under Section 7 shall continu...
Termination of Consultancy. Either party may terminate the Consultancy for convenience, for any or no reason, at any time upon ninety (90) days prior written notice to the other party. Either party may terminate the Consultancy for cause upon written notice to the other party, if the other party does not cure the breach within thirty (30) days following receipt of written notice thereof from the non-breaching party. Such right to terminate for cause shall be in addition to any other remedies available to the terminating party at law or in equity.
Termination of Consultancy. Either the Company or Consultant may terminate the Consulting Period and Consultant’s Services hereunder at any time, for any reason, upon written notice to the other party, provided that Consultant must provide at least 30 days’ prior written notice to the Company prior to any such termination for convenience. Upon a termination of the Consulting Period and the Consultant’s Services, (i) the Company shall pay to Consultant any portion of the Consulting Fee that has been earned but unpaid through the termination date and (ii) any portion of Pre-Consulting Equity Awards that remain unvested as of the termination date shall automatically terminate and be forfeited as of such date. In addition, if the Consulting Period and the Consultant’s Services hereunder are terminated, Consultant immediately shall forfeit all Consulting Fees payable with respect to periods of service following the termination date.
Termination of Consultancy. Termination of Consultancy" shall mean, as to a Consultant, the time when the consultancy relationship between the Consultant and the Company, a Parent Corporation or a Subsidiary is terminated for any reason, with or without cause, including, but not by way of limitation, a termination by expiration or non-renewal of contractual agreement, resignation, discharge, death or retirement. The Committee, in its absolute discretion, shall determine the effect of all other matters and questions relating to Termination of Consultancy.
Termination of Consultancy. Upon termination of this Agreement, Consultant agrees to leave with or return to the Company all records, drawings, files, notebooks, software, including object and source code versions thereof, and other documents, and to delete such items in any electronic or other intangible format in Consultant's computer or electronic archives, pertaining to the Company's confidential information, whether prepared by Consultant or others, and any equipment, tools or devices owned by the Company then in Consultant's possession or under Consultant's control however such items where obtained.
Termination of Consultancy. The Company shall have the right to terminate this Agreement at any time during the term of this Agreement for any reason, including, without limitation, a finding by the Board that the Consultant’s relationship with the Company under this Agreement shall cause him to no longer be an “independent director” as defined under Nasdaq Marketplace Rule 4200(a)(15). Upon such termination, the Company shall have no further liability for compensation or other benefits to the Consultant under this Agreement except for such amounts that have been earned prior to the date of termination and remain unpaid as of such date.
Termination of Consultancy. It is agreed that any termination of Consultant’s employment shall occur on the following basis:
(a) Without notice by MOBETIZE if just cause for termination exists.
(b) Consultant may resign on giving MOBETIZE six (6) weeks written notice of the effective date of Consultant’s resignation.
(c) Upon termination of this Agreement, monthly payments will continue for a 3 month period and increase by 1 month for each year of service starting from June 2014 up to a maximum of 6 months.
Termination of Consultancy. The retention of the Consultant by the Company shall terminate (the "Termination Date") upon the occurrence of any of the following:
