Common use of Termination of Term Clause in Contracts

Termination of Term. Except as may otherwise be provided herein, the Term shall terminate: (a) Thirty (30) days after written notice of termination is given by either party to the other; or (b) On Executive’s death or, at HearUSA’s option, upon Executive’s becoming Disabled (as defined in Section 4.9). Any notice of termination given by HearUSA to Executive under Section 4.2(a) above shall specify whether such termination is with or without Cause (as defined in Section 4.4). Any notice of termination given by Executive to HearUSA under Section 4.2(a) above shall specify whether such termination is made with or without Good Reason (as defined in Section 4.5) or Good Reason-Change in Control (as defined in Section 4.6).

Appears in 2 contracts

Samples: Employment Agreement (Hearusa Inc), Employment Agreement (Hearusa Inc)

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Termination of Term. Except as may otherwise be provided herein, the Term shall terminate: (a) Thirty (30) days after written notice of termination is given by either party to the other; or (b) On Executive’s 's death or, at HearUSA’s HEARx's option, upon Executive’s 's becoming Disabled (as defined in Section 4.9). Any notice of termination given by HearUSA HEARx to Executive under Section 4.2(a) above shall specify whether such termination is with or without Cause (as defined in Section 4.4). Any notice of termination given by Executive to HearUSA HEARx under Section 4.2(a) above shall specify whether such termination is made with or without Good Reason (as defined in Section 4.5) or Good Reason-Change in Control (as defined in Section 4.6).

Appears in 2 contracts

Samples: Employment Agreement (Hearx LTD), Employment Agreement (Hearx LTD)

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