Termination of Consulting Relationship. (a) By the Company or the Consultant At any time, either the Company or the Consultant may terminate, without liability, the Consulting Period for any reason, with or without cause, by giving 10 days advance written notice to the other party. If the Consultant terminates its consulting relationship with the Company pursuant to this Section 4(a), the Company shall have the option, in its complete discretion, to terminate Consultant immediately without the running of any notice period. The Company shall pay Consultant the compensation to which the Consultant is entitled pursuant to Section 3(a) through the end of the Consulting Period, and thereafter all obligations of the Company shall terminate.
Termination of Consulting Relationship. At any time, either the Company or the Consultant may terminate, without liability, the Consulting Period for any reason, with or without cause, by giving 7 day’s advance written notice to the other party.
Termination of Consulting Relationship. Except as otherwise expressly provided, this Option may be exercised only while you are engaged by the Company as a consultant provided, however, (a) if the Company terminates you with cause or you terminate your engagement without cause, your Option shall expire immediately, and (b) if the Company terminates you without cause or you terminate your engagement with cause, then you shall have the right for one year from the date of termination to exercise the Option Shares to the extent vested, in whole or in part. If you die while engaged by the Company, your estate or any person who acquires the right to exercise this Option by bequest or inheritance or by reason of your death shall have the right within one year from the date of your death to exercise the Option Shares to the extent vested, in whole or in part.
Termination of Consulting Relationship. Consultant shall continue to provide consulting services to Simon through June 30, 2002 (the "Termination Date"), on which date Consultant's consulting relationship with Simon shall terminate. Through the Termination Date, Consultant shall continue to provide, on a non-exclusive basis, such services to Simon as he has heretofore provided to Simon pursuant to the Consulting Agreement, including, without limitation, using his best efforts to negotiate reductions of the accounts payable owed by Simon Marketing (Hong Kong) Limited to its creditors. On or prior to the Termination Date, Consultant shall resign from his membership on the Board of Directors of Simon Marketing (Hong Kong)
Termination of Consulting Relationship. The termination of this Strategic R&D Agreement by either Party shall also constitute termination of the Consulting Relationship unless the Parties otherwise agree in writing.
Termination of Consulting Relationship. Effective as of the Termination Date, Consultant’s service relationship with Company under the Consulting Agreement shall terminate. The Parties waive any requirement under the Consulting Agreement to provide advance written notice of such termination prior to the effective date thereof. Termination of the service relationship under the Consulting Agreement shall have no effect on Consultant’s (a) obligations under Section 1.B. of the Consulting Agreement (relating to confidentiality) from and after the Termination Date and (b) membership on the Board from and after the Termination Date. Consultant expressly acknowledges and agrees that he has received all compensation to which he is entitled under the Consulting Agreement through the date hereof, and that he is not entitled to any additional compensation or benefits under the Consulting Agreement (including in connection with the termination of the service relationship as provided herein) other than with respect to compensation under Section 5.A. of the Consulting Agreement for the period from the date hereof and ending on the Termination Date.
Termination of Consulting Relationship. Without waiving any other rights or remedies, the Company has the immediate right to terminate the Consulting Relationship if the Company determines that Employee has breached this Agreement (including any breach of any of the representations, warranties or Consulting Service commitments made by Employee in this Agreement) or Employee’s continuing obligations owed to the Company or Parent (including, but not limited to, the Proprietary Information, Non-Compete & Restrictive Covenant Agreement dated as of June 23, 2011 between the Employee and the Company, attached as Exhibit B hereto (the “Xxxxxxx Restrictive Covenant Agreement”)). In addition, the Company may terminate the Consulting Relationship at any time and for any reason upon thirty (30) days advance written notice to Employee. If the Company terminates the Consulting Relationship other than for any of the reasons set forth in the immediately preceding paragraph, and only in that event, then Employee shall be entitled to (i) a lump sum payment equal to any remaining unpaid portion of the Consulting Fees due for the initial twelve (12) month term, and (ii) continued vesting of his equity awards for the initial twelve (12) month term as set forth in Section 1(c)(iii) above. Further, Employee will have the right to terminate the Consulting Relationship at any time and for any reason, upon thirty (30) days’ advance written notice to the Company.
Termination of Consulting Relationship. Notwithstanding any agreement to the contrary, unless extended by written agreement of the parties, the Consulting Period and all obligations of the Company pursuant to this Paragraph 2, including, without limitation, the obligation to pay the Consulting Fee, shall automatically terminate (1) April 20, 2009 or (2) an event giving rise for a termination for Cause of the Consulting Relationship. A termination for “Cause” of the Consulting Relationship shall include: (i) a willful and material failure or refusal by the Consultant to timely, properly and professionally perform Consulting Services pursuant to this Agreement; (ii) a breach or violation by the Consultant of any of the terms, covenants, or provisions of this Agreement; or (iii) any unlawful misconduct by the Consultant, including, without limitation, the commission of an act of fraud or embezzlement against the Company or the commission of a crime involving moral turpitude.
Termination of Consulting Relationship. In the event that Xx. Xxxxxxxxxxx is informed by the Company that any work constitutes Competitive Activity and he subsequently engages in Competitive Activity as defined in paragraph 3(e), the Company's obligation to make Consulting Payments under paragraph 3(c) shall cease immediately, and the Consulting Period shall end immediately.
Termination of Consulting Relationship. The Consultant and Bxxxx acknowledge and agree that the consulting relationship and any other relationship with either of them and the Company will terminate on the Effective Date and that the Consulting Agreement is hereby terminated by the express mutual agreement of the Parties.
