Termination of Consulting Services. Although it is the intention of the Company and Executive that the Consulting Services continue until the twenty-four (24) month anniversary of the Termination Date, either the Company or Executive may terminate the Consulting Services and the provisions of this Agreement relating to the Consulting Services for any reason or no reason, provided that the terminating party gives the other party thirty (30) days’ notice of termination in accordance with the requirements of Section 12 below. If Executive terminates the Consulting Services, Executive agrees, at the Company’s reasonable request, to make herself available to assist in the completion of any projects with which Executive was assisting during the Term. Notwithstanding anything in this Agreement to the contrary, if the Company terminates the Consulting Services for Cause (as defined below), the Consulting Services hereunder shall terminate immediately upon notice of termination to Executive. Following the termination of the Consulting Services for any reason or no reason, Executive will receive any consulting fees for consulting services rendered but not paid and/or invoiced and unreimbursed expenses through such date of termination not theretofore paid, and the Consulting Services to the Company shall be terminated. Within five (5) days after Executive ceases to provide any Consulting Services hereunder, Executive shall deliver to the Company all work product resulting from the performance of the Consulting Services. For
Termination of Consulting Services. Although it is the intention of the Company and Executive that the Consulting Services continue until the twenty-four (24) month anniversary of the Termination Date, either the Company or Executive may terminate the Consulting Services and the provisions of this Agreement relating to the Consulting Services for any reason or no reason, provided that the terminating party gives the other party thirty (30) days’ notice of termination in accordance with the requirements of Section 12 below. If Executive terminates the Consulting Services, Executive agrees, at the Company’s reasonable request, to make herself available to assist in the completion of any projects with which Executive was assisting during the Term. Notwithstanding anything in this Agreement to the contrary, if the Company terminates the Consulting Services for Cause (as defined below), the Consulting Services hereunder shall terminate immediately upon notice of termination to Executive. Following the termination of the Consulting Services for any reason or no reason, Executive will receive any consulting fees for consulting services rendered but not paid and/or invoiced and unreimbursed expenses through such date of termination not theretofore paid, and the Consulting Services to the Company shall be terminated. Within five (5) days after Executive ceases to provide any Consulting Services hereunder, Executive shall deliver to the Company all work product resulting from the performance of the Consulting Services. For purposes of this Section 2(d), “Cause” shall include the following: (i) Executive’s dishonesty, fraud or misrepresentation in connection with the performance of the Consulting Services pursuant to the terms hereof, (ii) theft, misappropriation or embezzlement by Executive of the Company’s funds or resources, (iii) Executive’s conviction of, or a plea of guilty or nolo contendere (or a similar plea) in connection with, any felony, crime involving fraud or misrepresentation, or any other crime, and (iv) a breach by Executive of any material term hereof.
Termination of Consulting Services. This Agreement may be terminated by either CaminoSoft or Consultant upon ninety (90) days written notice. In the event the Agreement is terminated by CaminoSoft, Consultant shall be entitled to any unpaid compensation and reimbursement for expenses through the balance of the term of this Contract. In the event the Contract is terminated by Consultant, Consultant shall be entitled only to compensation earned through the date of termination.
Termination of Consulting Services during the Consulting Period. ---------------------------------------------------------------- Subject to the terms of this Agreement, the Consulting Period may be terminated as follows:
Termination of Consulting Services. The Consultant may terminate his provision of services pursuant to Section 1 of this Agreement, at will, for any reason or for no reason, upon seven days prior written notice to the Company. If the Consultant terminates the consulting arrangement described in Section 1 of this Agreement, the Company’s obligation to pay any further compensation for consulting services to the Consultant will cease. The Consultant’s Confidentiality, Non-Competition, and Non-Solicitation obligations set forth below will survive any termination of the consulting arrangement under this Agreement. The Company may terminate the Consultant’s services for cause, solely for any of the following reasons: violation of the Consultant’s Confidentiality, Non-Competition, and Non-Solicitation obligations set forth below, for material nonperformance of consulting duties, or if the Consultant dies or becomes permanently disabled. If the Company terminates the Consultant for cause, the Company’s obligation to pay any further compensation for consulting services to the Consultant will cease. If the Company terminates the consulting arrangement under this Agreement without cause, the compensation due to the Consultant for consulting services for the remainder of the term shall become immediately due and payable.
Termination of Consulting Services. This Agreement shall terminate upon the following circumstances:
Termination of Consulting Services. Except as provided in Sections 6 and 7 below, any unvested portion of the Option shall automatically be cancelled in the event the Option Holder’s consulting services with the Company or any of its Subsidiaries is terminated for any reason. Any portion of the Option vested at the time of termination may be exercised by the Option Holder at any time on or prior to the earlier of the Expiration Date or the expiration of three (3) months after the date of termination. Any vested portion of the Option that is not exercised within such time period shall be automatically cancelled. A “termination” includes any event which would causes the Option Holder to lose his or her eligibility to participate in the Plan (e.g., the consultant ceases to provide the prescribed services to the Company).
Termination of Consulting Services. The consulting services provided by Consultant to the Company will terminate effective December 31, 2012 (“Termination Date”).
Termination of Consulting Services. In the event of the termination of the Consultant’s consulting services for the Company, other than a termination that is either (i) for Cause, (ii) voluntarily initiated on the part of the Consultant and without written consent of the Company,
(a) the unvested portion of the Stock Options (if any) shall terminate immediately and shall not thereafter be or become exercisable; and
(b) the Consultant may exercise the vested portion of the Stock Options at any time within ninety (90) days after such termination to the extent of the number of shares which were Purchasable Shares under the vesting schedule on the first page of this Award Agreement at the date of such termination.
Termination of Consulting Services. In the event the Option becomes exercisable, in whole or in part, whether through the passage of time or acceleration, it shall remain exercisable to such extent until the Expiration Date notwithstanding any subsequent termination of the Optionee's consulting arrangement with the Company or any subsidiary for any reason whatsoever.
