Termination of Employment Relationship. A casual employee who has not been called to report for work, or who has been unavailable for work for twelve (12) months, notwithstanding Article 39.03(b), shall cease to be an employee.
Termination of Employment Relationship. Your employment is terminable -------------------------------------- at will. That means that your employment relationship with Cardinal may be terminated by either party at any time, for any reason or no reason at all, subject to the notice provision addressed below.
(a) Cardinal may terminate your employment for Cause effective immediately upon written notice. In the event that Cardinal terminates your employment for Cause, you will be entitled to earned and unpaid base salary and payment for any earned and unused vacation days through the last date of your employment.
Termination of Employment Relationship. Executive's part-time employment relationship with the Company may not be terminated by the Company prior to the end of the Part-Time Employment Term, except (i) upon the death or permanent disability of Executive, (ii) by written agreement between both of the parties hereto; provided, however, that Executive's employment with the Company, whether full-time or part-time, shall immediately and automatically terminate upon Executive's breach of Section 10 hereof. No additional benefits or payments will become payable to Executive hereunder upon a termination of Executive's Part-Time Employment Term.
Termination of Employment Relationship. Employee and the Company will end their employment relationship on September 30, 2019 (the "Termination Date"). The Company may relieve Employee of all duties and place the Employee on administrative leave prior to the Termination Date by providing written notice. Employee no longer will be authorized to transact business or incur any expenses, obligations and liabilities on behalf of the Company after the earlier of being placed on administrative leave or the Termination Date. Employee acknowledges (i) receipt of all compensation and benefits due through the Termination Date as a result of services performed for the Company with the receipt of a final paycheck except as provided in this Agreement; (ii) Employee has reported to the Company any and all work-related injuries incurred during employment; and (iii) the Company properly provided any leave of absence because of Employee's or a family member's health condition and Employee has not been subjected to any improper treatment, conduct or actions due to a request for or taking such leave.
Termination of Employment Relationship. The Employment Agreement and the employment relationship between the parties is hereby terminated effective as of the close of business on January 27, 2012 (the “Termination Date”). The parties acknowledge that Executive’s termination from employment will result in a “separation from service” as defined in Section 409A of the Internal Revenue Code and further acknowledge that the circumstances of the termination of the employment relationship are contemplated by the terms of the Employment Agreement. Executive further agrees that he has resigned from all of his positions as an officer of the Bank and any and all affiliates of the Bank on or before the Termination Date.
Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning Employee’s resignation from Apache. Employee’s last day of work for Apache was October 9, 2014 (“Resignation Date”). Apache and Employee both agree that Employee will “separate from service” (for purposes of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)) on October 9, 2014.
Termination of Employment Relationship. 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:
3.1.1 Upon the Executive’s death;
3.1.2 Upon the Company’s written notice to the Executive (or his guardian if applicable) of the termination of his employment due to Incapacity (as that term is defined hereinafter);
3.1.3 In the event this Agreement is not renewed by the Company at the expiration of the Initial Employment Period or any Renewal Period, if applicable, following delivery by the Company to the Executive of the non-renewal notice pursuant to Section 1.4 above;
3.1.4 Upon the Company’s written notice to the Executive of the termination of his employment for Cause (as that term is defined below), provided that termination will deemed to be under this Section 3.1.4 only if Cause in fact exists;
3.1.5 Upon not less than thirty (30) days’ written notice from the Company to the Executive of the termination of his employment without Cause;
3.1.6 Upon the termination of the Executive’s employment by the Executive for Good Reason (as defined below); or
3.1.7 Upon not less than thirty (30) days’ written notice from the Executive to the Company of his voluntary resignation, if the termination is not otherwise subject to Section 3.1.6; provided, however, that such voluntary resignation shall not relieve or release the Executive from any breach of this Agreement at or prior to the time of such resignation.
3.2 As used herein, the following terms shall have the meanings set forth below:
3.2.1 For purposes of this Agreement “Cause” shall be limited to the following: (a) the conviction of the Executive, or the entry by the Executive of a plea of guilty or nolo contendere to any felony under the laws of the United States or any state or political subdivision thereof, (b) the Executive’s engagement in conduct constituting breach of fiduciary duty, willful misconduct or gross negligence relating to the Company or the performance of the Executive’s duties (including acts of employment discrimination or sexual harassment) or fraud, (c) the Executive’s breach of any material term of this Agreement, (d) the Executive’s willful failure to follow a reasonable and lawful directive of the Board within the scope of the Executive’s duties (which shall be capable of being performed by the Executive with reasonable effort) after written notice specifying the performance required and the Executive’s failure to perform within thirty (30) days after...
Termination of Employment Relationship. In accordance with Section 5.d. of the Employee's Employment Agreement effective on March 22, 2021, and amended on September 27, 2022 (the "Employment Agreement"), Employee's employment relationship as Executive Chairman with the Company will end on March 29, 2024 (“Termination Date”).
Termination of Employment Relationship. The termination of the employment relationship shall comply with the provisions of the Employment Contracts Act, unless otherwise provided for in this agreement. If the employer or the employee terminates an employment contract that is valid indefinitely, a one-month notice period shall be observed. If the employment relationship to be terminated has lasted longer than five years, a two-month notice period shall be observed. A fixed-term employment relationship ends with no notice period when the employment term expires, unless the possibility of termination before the fixed-term period ends has been agreed in the employment contract.
Termination of Employment Relationship. If Employee's employment or other service relationship with the Company terminates, voluntarily or involuntarily, for any reason, the Company shall have the right to purchase, and Employee (or Employee's legal representative or transferee(s) pursuant to Section 10(d) of this Agreement) shall, at the election of the Company, be obligated to sell, all or any part of Employee's Vested Shares at the purchase price and on the terms provided in this Section 11 (the "Repurchase Right").
