Termination of employment contracts Sample Clauses

Termination of employment contracts. Each Group Company can terminate the employment contracts with its Employees by giving to the Employee not more than three months’ notice without giving rise to a claim for damages or compensation (except statutory compensation).
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Termination of employment contracts. 10.1. The parties: Company and Union recognize that work is a fundamental human right, so we are committed to a united effort and do all matters and things in place, both locally and internationally, to increase and or maintain jobs created by the Company and to implement alternatives to prevent personnel reduction.
Termination of employment contracts. A Researcher may terminate an employment contract in excess of forty (40) hours of work or in excess of one month in duration without cause due to changes in operational requirements, lack of funding or poor job performance. Researchers will provide thirty (30) hours’ notice or pay in lieu of notice. Graduate Assistants (Research) when resigning, shall provide in writing to their Researcher a minimum of ten (10) business daysnotice of their intention to resign.
Termination of employment contracts. That certain Executive Compensation Agreement dated November 17, 1999 between the Company and Xxxxxxx X. Xxxxxx and that certain Executive Employment Agreement dated January 1, 2003 between the Company and I. Xxxxxx Xxxxxx each has been irrevocably terminated, effective as of immediately prior to the Effective Time and pursuant to a Termination Agreement in the form attached as DISCLOSURE SCHEDULE 3.11(B), such that the Company shall have no liability thereunder following the termination thereof.
Termination of employment contracts. 69 9.11 Documents ............................................ 69
Termination of employment contracts. Save as disclosed in Annex 10.11.5, none of the employment contracts of any employee including officers and managing directors of any BOMAG Group Company is (i) subject to restrictions on the termination of the relevant employment relationship which exceeds the statutory restrictions or restrictions in collective bargaining agreements (except for notice periods) and (ii) does contain any obligation for severance payment in case of termination. Annex 10.10.5 contains a list of all employees including officers and managing directors of the BOMAG Group Companies with a notice period exceeding six months.
Termination of employment contracts. The Seller shall, on or prior to the Closing, terminate the employment contracts of any employees employed by the Seller in respect of the Property and make such severance payments in connection therewith as may be required pursuant to the Employment Standards Act (Ontario) and the Seller shall indemnify and save harmless the Purchaser from any and all claims which may be made against the Purchaser as a result of the termination of such employment contracts.
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Termination of employment contracts. All agreements relating to the employment or retention of employees or consultants of Source shall have been terminated without liability to the Source.
Termination of employment contracts. Prior to the Closing Date, Baytown shall take all actions necessary to terminate, and shall secure the release of all obligations under all employment contracts with it directors, officers, and employees. SECTION 5.18

Related to Termination of employment contracts

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Termination of Employees Agent may in its discretion stop using any Retained Employee at any time during the Sale, subject to the conditions provided for herein. In the event that Agent desires to cease using any Retained Employee, Agent shall notify Merchant at least seven (7) days prior thereto, so that Merchant may coordinate the termination of such employee; provided, however, that, in the event that Agent determines to cease using an employee “for cause” (which shall consist of dishonesty, fraud or breach of employee duties), the seven (7) day notice period shall not apply, provided further, however, that Agent shall immediately notify Merchant of the basis for such “cause” so that Merchant can arrange for termination of such employee. From and after the date of this Agreement and until the Sale Termination Date, Merchant shall not transfer or dismiss Retained Employees except “for cause” without Agent’s prior consent. Notwithstanding the foregoing, Agent shall not have the right to terminate the actual employment of any Retained Employee, but rather may only cease using such employee in the Sale and paying any Expenses with respect to such employee.

  • Termination of Employment Relationship 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:

  • Termination of Employment and Options Vested Options shall terminate, to the extent not previously exercised, upon the occurrence of the first of the following events:

  • Termination of Employment Generally In the event the Executive’s employment with the Company terminates, for any reason whatsoever including death or disability the Executive shall be entitled to the benefits described in this Section 2.2.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

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