Termination of Engagement. (a) This Agreement shall terminate (i) immediately upon the death of Consultant, (ii) at the option of either party hereto without cause upon thirty (30) days advance written notice from the terminating party to the other party, or (iii) upon the termination of this Agreement by the Contractor for "cause." For the purposes of this Agreement, "cause" shall mean (i) any act by Consultant of fraud or dishonesty (whether or not against or involving the Contractor), (ii) Consultant's competing with the business of the Contractor either directly or indirectly, (iii) Consultant's breach of any material provision of this Agreement, (iv) Consultant's failure to devote his best efforts to his duties under this Agreement or to perform such duties diligently and efficiently and in accordance with the directions of the Contractor or to otherwise fulfill his obligations under this Agreement, (v) Consultant's failure to comply with the decisions or policies of the Contractor, (vi) any act of moral turpitude by Consultant or (vii) any other matter constituting "cause" under applicable law.
Termination of Engagement. The services described in this Agreement may be terminated by either Company or Consultant at any time upon thirty (30) days written notice; however, the shares issued to Consultant under Paragraph 6 (1) will be deemed fully earned.
Termination of Engagement. NBL’s engagement hereunder and any obligations of the Company to the Executive will be terminated in accordance with Sections 6(a) and 6(d), or may be terminated in accordance with Sections 6(b), (c), (e) and (f), as follows:
(a) NBL’s engagement and any obligations of the Company to the Executive will be terminated upon the last day of the Engagement Period without a renewal.
(b) The Company may terminate NBL’s engagement hereunder for Cause. For purposes of this Agreement, the Company shall have “Cause” hereunder upon (i) the willful and continued failure by NBL or the Executive to substantially perform their respective duties hereunder, after written demand for substantial performance is delivered by the Company that specifically identifies the manner in which the Company believes such duties have not been substantially performed, which is not cured within 30 days after notice of such failure has been given to the Executive by the Company, or (ii) the willful engaging by NBL or the Executive in misconduct which is materially injurious to the Company, monetarily or otherwise (including conduct that constitutes competitive activity pursuant to Section 9 hereof). For purposes of this paragraph, no act, or failure to act, on NBL’s or the Executive’s part shall be considered “willful” unless done, or omitted to be done, not in good faith and without reasonable belief that such action or omission was in the best interest of the Company.
(c) NBL may, without incurring liability or forfeiting any compensation or benefit provided hereunder, terminate this Agreement for Good Reason. For purposes of this Agreement, “Good Reason” shall mean a failure by the Company to comply with any material provision of this Agreement which has not been cured within 30 days after written notice of such noncompliance has been given by the Executive to the Company.
Termination of Engagement. During the term of this Agreement, the Company may terminate the engagement of the Chief Executive Officer for "Cause" by giving the Chief Executive Officer written notice of such termination setting forth the "Cause" relied upon. For the purposes of this Agreement, "Cause" shall include but not be limited to (i) the Chief Executive Officer's disregard of lawful instructions of the Company that are consistent with the Chief Executive Officer's position and duties set forth herein; (ii) the Chief Executive Officer's failure to perform Chief Executive Officer's duties in compliance with Company's reasonable standards of performance and not as a result of notice of intention to resign, disability or retirement; (iii) the Chief Executive Officer's willful actions which do or are likely to result unjustifiably in material damage or embarrassment to the Company, the Company's reputation, or the Company's other legitimate business interests; (iv) the Chief Executive Officer's abuse or illegal use of alcohol or other drugs or controlled substances; (v) the Chief Executive Officer's material breach of any of the terms or conditions of this Agreement; (vi) the conviction of the Chief Executive Officer of a felony or entry of a guilty plea or plea of nolo contendere by Chief Executive Officer to a felony (or any other crime that has or might have a material adverse effect upon Chief Executive Officer's ability to carry out Chief Executive Officer's job duties or other obligations under this Agreement); or (vii) the Chief Executive Officer's theft, embezzlement or misappropriation of funds from the Company. In the event Company wishes to terminate Chief Executive Officer's engagement pursuant to Subsection (i), (ii), (iii), (iv), or (v) above, Company shall give to Chief Executive Officer thirty (30) days' notice of Company's intention to terminate Chief Executive Officer's engagement and the reason(s) for such termination. If Chief Executive Officer wishes to remain engaged by Company, Chief Executive Officer shall during such thirty (30) day period remedy to the reasonable satisfaction of Company's Board of Directors the misconduct, disregard, abuse, or other breach specified in such notice. If Chief Executive EMPLOYMENT, CONFIDENTIALITY & NONCOMPETITION AGREEMENT - 2 Officer does not so remedy such breach to the reasonable satisfaction of Company's Board of Directors. then the termination shall take effect at the end of the thirty (30) day period. A termination pur...
Termination of Engagement. Consultant's engagement is "at will" shall terminate upon the first to occur of the following:
4.1 Upon the death of Consultant;
4.2 Upon the disability of Consultant that in the judgement of the Company renders Consultant unable to timely complete his duties under this Agreement;
4.3 Upon by written notice of termination by the Company to Consultant; or
4.4 Upon not less than 30 days prior written notice of termination from Consultant to the Company.
Termination of Engagement. This Agreement may be terminated by either party upon written notice. Upon notification of termination, PM’s services will cease and PM’s engagement will be deemed to have been completed. Client will be obligated to compensate PM for all time expended and to reimburse PM for all out-of-pocket expenditures through the date of termination of this engagement.
Termination of Engagement. The engagement of the Executive under this Agreement will terminate on the earliest of:
6.1 Non-renewal as set forth in Section 3 above.
Termination of Engagement. 8.1 Customer or APSOLUT may terminate the ‘engagement’ by giving 4 (four) weeks written notice any time.
8.2 Either Party shall have the right to terminate at any time by giving the other Party written notice to terminate the contract immediately if:
a) The other Party commits a material breach of the contract which (if capable of remedy) it fails to remedy within 30 (thirty) days of receipt of written notice of the same;
b) Any distress, execution or other process is levied upon any of the assets of the other Party;
c) The other Party enters into any compromise or arrangement with its creditors, commits any act of bankruptcy or if an order is made or an effective resolution is passed for the other Party's winding up (except for the purposes of amalgamation or reconstruction as a solvent company), or if a petition is presented to Court, or if a receiver/manager, administrative receiver or administrator is appointed in respect of the whole or any part of the other Party's undertaking or assets;
d) The other Party ceases or threatens to cease to carry on its business; or
e) The financial position of the other Party deteriorates to such an extent that, in the reasonable opinion of the non-defaulting Party, the capability of the other Party to adequately fulfil its obligations under the Contract has been placed in jeopardy.
Termination of Engagement. (a) A Producer shall not discharge or otherwise terminate a weekly Guild Member prior to the end of the work week, without just and reasonable cause. A Producer shall promptly give the District Council notice in writing of such action and the reason(s) for the action. If the District Council believes the action to be unjustified, the District Council may submit the matter as a grievance under this Agreement. An arbitrator shall have the power to order reinstatement of the Guild Member with or without full compensation, to award damages in lieu of reinstatement, or to sustain the discharge.
Termination of Engagement. Consultant’s engagement hereunder shall terminate immediately upon the dissolution of the Company or death of Xxxxx Xxxxx. Each Party may also terminate this Agreement before the lapse of the 90-day Term period at any time, with or without reason, upon ten (10) calendar days’ written notice to the other Party; provided, however, that in the event of any breach or threatened breach of this Agreement by Consultant, the Company may terminate this Agreement with immediate effect upon delivery of written notice to Consultant.
