Termination of office. The Chairperson (or Deputy Chairperson) will cease to hold office in the event that he or she resigns from that office, ceases to be a Trustee or is removed from office by the Trustees passing a resolution of no confidence in him or her. In the event that the Chairperson (or Deputy Chairperson) ceases to hold that office then a further election shall be held for the position.
Termination of office. A person ceases to be a Board Member if the person:
a) Fails to attend Board meetings for a continuous period of three months without the consent of the Board;
b) Resigns by notice in writing to the Authority;
c) Is removed from office in accordance with clause 7.3;
d) Becomes of unsound mind or a person whose property is liable to be dealt with pursuant to a law about mental health;
e) Is disqualified from managing a corporation, pursuant to the Corporations Act; or
f) Becomes someone who, under section 36 of the Restructuring Act, can not be appointed as a Board Member.
Termination of office. A person ceases to be a Board Member if the person:
(a) fails to attend monthly Board meetings for a continuous period of 3 months without the consent of the Board;
(b) resigns by notice in writing to QUU;
(c) is removed from office in accordance with clause 9.9;
(d) becomes of unsound mind or a person whose property is liable to be dealt with pursuant to a law about mental health;
(e) is disqualified from managing a corporation, pursuant to the Corporations Act 2001; or
(f) otherwise ceases to be qualified to act as a member of the Board under the Distribution and Retail Restructuring Act.
Termination of office. 6.1 If the Participant ceases to be a member of the Board in the Company during the Vesting Period - regardless of the reason - all the Participant's RSUs received as compensation for such Board membership shall automatically and without further notice or compensation lapse and become null and void. For the avoidance of doubt, if the Participant leaves the Board at the annual general meeting 2022 where the RSUs vest, the RSUs shall be considered vested.
6.2 If the Participant has received RSUs as compensation for a Committee membership, and ceases to be a member of such Committee during the Vesting Period - regardless of the reason - all the Participant's RSUs relating to such Committee membership shall automatically and without further notice or compensation lapse and become null and void. For the avoidance of doubt, if the Participant leaves the Committee at the annual general meeting 2022 where the RSUs vest, the RSUs shall be considered vested.
Termination of office. (a) Your office as Chief Executive Officer of the Company will be terminated in the event of your “Disability” (as defined below) on the date set forth in the written notice delivered to you by the Board which provides that your office is being terminated due to Disability or, in the event of your death, on the date of death. In addition, your office may be terminated (i) by the Company for “Cause” (as defined below), effective on the date on which a written notice to such effect is delivered to you by the Board; (ii) by the Company at any time without Cause, effective on the date on which a written notice to such effect is delivered to you by the Board or such other date as is reasonably designated by the Company; or (iii) by your resignation, effective three (3) months following the date on which a written notice to such effect is delivered to the Company by you; provided, however, that the Company may specify an earlier effective date for a termination effected pursuant to clause (iii).
(b) If your office as Chief Executive Officer of the Company is terminated by the Company for Cause, or by reason of your death or Disability, or if you resign for any reason, you will not be entitled to any further compensation or benefits other than: (i) any accrued but unpaid Salary, payable no later than the first payroll date following the Termination Date; (ii) any accrued but unused paid time off, payable at the same time as the accrued but unpaid Salary;
(iii) reimbursement for any business expenses properly incurred by you prior to the Termination Date; and (iv) vested benefits, if any, to which you may be entitled under the Company’s employee benefit plans as of the Termination Date, payable in accordance with the terms of the relevant employee benefit plans (collectively, the “Accrued Benefits”).
(c) If your office as Chief Executive Officer of the Company is terminated by the Company other than for Cause, and other than due to your death or Disability and other than in connection with a Change in Control under circumstances set forth in Section 8 hereof, you will be entitled to (i) the Accrued Benefits and (ii) conditioned upon your execution of a general release of claims relating to your employment and service as an officer with the Group Companies in a form reasonably satisfactory to the Company (the “Release”) and the expiration of the applicable revocation period with respect to such Release within the period of time following the Termination Date set fo...
Termination of office. The Office shall cease to exist not later than 30 days after the date 7 years after December 22, 1987. (Pub. L. 97–425, title IV, § 410, as added Pub. L. 100–202, § 101(d) [title III], Dec. 22, 1987, 101 Stat. 1329–104, 1329–121; Pub. L. 100–203, title V, § 5041, Dec. 22, 1987, 101 Stat. 1330–247; amended Pub. L. 102–486, title VIII, § 802(a), Oct. 24, 1992, 106 Stat. 2923.) Pub. L. 100–202 and Pub. L. 100–203 added identical sections. 1992—Pub. L. 102–486 substituted ‘‘7 years’’ for ‘‘5 years’’.
Termination of office. If, prior to the date that this option shall first become exercisable, the Optionee's position as Chairman of the Board shall be terminated, with or without cause, or by the act, death, disability or retirement of the Optionee, the Optionee's right to exercise this option shall terminate and all rights hereunder shall cease. If, on or after the date that this option shall first become exercisable, the Optionee's position shall be terminated for any reason other than death or disability, the Optionee shall have the right, within six months after such termination, to exercise this option to the extent that it shall have been exercisable and unexercised on the date of such termination, subject to any other limitation on the exercise of such option in effect at the date of exercise. If, on or after the date that this option shall first become exercisable, the Optionee shall die or become disabled, (as defined in Section 105(d)(4) of the Internal Revenue Code), the Optionee or the executor or administrator of the estate of the Optionee (as the case may be) or the person or persons to whom the option shall have been transferred by will or the laws of descent and distribution, shall have the right, within six months from the date of the Optionee's death or termination due to disability, to exercise this option to the extent that it was exercisable and unexercised on the date of the Optionee's death or termination of services due to disability, subject to any other limitation on exercise in effect at the date of exercise.
Termination of office. A director ceases to hold office when the director (i) dies; (ii) is removed from office by the shareholders; (iii) ceases to be qualified for election as a director; or (iv) sends or delivers to the Corporation a written resignation or, if a time is specified in such resignation, at the time so specified, whichever is later.
