Common use of Termination of Consulting Period Clause in Contracts

Termination of Consulting Period. Without waiving any other rights or remedies, the Company may terminate immediately the Consulting Period and its corresponding obligation to pay you Consulting Fees upon your breach of any provision of this Agreement or your Proprietary Information Agreement. Further, you may terminate the Consulting Period at any time, for any reason, upon written notice to the Company, which termination shall extinguish the Company’s obligation to pay you any further Consulting Fees and the vesting of your Options shall cease. Upon termination of the Consulting Period by either party, the Company will pay only those Consulting Fees earned and expenses incurred through and including the effective date of such termination.

Appears in 2 contracts

Samples: Separation Agreement (Jazz Pharmaceuticals PLC), Separation Agreement (Jazz Pharmaceuticals Inc)

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Termination of Consulting Period. Without waiving any other rights or remedies, the Company may terminate immediately the Consulting Period and its corresponding obligation to pay you Consulting Fees upon your breach of any provision of this Agreement or your Proprietary Information Agreement. Further, you may terminate the Consulting Period at any time, for any reason, upon written notice to the Company, which termination shall extinguish the Company’s obligation to pay you any further Consulting Fees and the vesting of your Options shall ceaseFees. Upon termination of the Consulting Period by either party, the Company will pay only those Consulting Fees earned and expenses incurred through and including the effective date of such termination.

Appears in 1 contract

Samples: Transition and Consulting Agreement (Nvidia Corp)

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Termination of Consulting Period. The Consulting Period will terminate upon a Change in Control, at which time any unvested Equity Awards will vest in full. Without waiving any other rights or remedies, the Company may terminate immediately the Consulting Period and its corresponding obligation to pay you Consulting Fees upon your breach of any provision of this Agreement or your Proprietary Information Agreementfor Cause. FurtherIn addition, you may terminate the Consulting Period at any time, for any reason, upon written notice to the Company, which termination shall extinguish the Company’s obligation to pay you any further Consulting Fees and the vesting of your Options shall cease. Upon termination of the Consulting Period upon a Change in Control, by either partythe Company for Cause or by you for any reason, the Company will pay only those Consulting Fees earned and expenses incurred through and including the effective date on which the termination of such terminationthe Consulting Period becomes effective, and your obligations under this Agreement will remain in full force and effect.

Appears in 1 contract

Samples: Transition and Consulting Agreement (Nanometrics Inc)

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