Common use of Termination of the appointment Clause in Contracts

Termination of the appointment. 6.1 Either Party may terminate this Agreement by giving the other not less than two (2) months prior written notice of such termination. The Company may at its sole and absolute discretion pay a proportionate amount as of Salary in lieu of any required period of notice. 6.2 Notwithstanding any other provision of this Agreement, the Company shall be entitled to terminate the Appointment by one (1) month notice in writing given at any time while the Executive shall have been incapacitated or prevented by reason of ill health injury or accident from performing his duties hereunder for a period of or periods aggregating 90 days in 12 months preceding the giving of such notice.

Termination of the appointment. 6.1 Either Party may terminate this Agreement by giving the other not less than two (2) months prior written notice of such termination. The Company may at its sole and absolute discretion pay a proportionate amount as of Salary salary as set forth in Schedule 1 in lieu of any required period of notice. 6.2 Notwithstanding any other provision of this Agreement, the Company shall be entitled to terminate the Appointment by one (1) month notice in writing given at any time while the Executive shall have been incapacitated or prevented by reason of ill health injury or accident from performing his duties hereunder for a period of or periods aggregating 90 ninety (90) days in 12 twelve (12) months preceding the giving of such notice.

Termination of the appointment. 6.1 Either Party may terminate this Agreement by giving the other not less than two one hundred twenty (2120) months days’ prior written notice of such termination. The Company may at its sole and absolute discretion pay a proportionate amount as of Salary (as hereinafter defined) in lieu of any required period of notice. 6.2 Notwithstanding Without prejudicing and in addition to any other provision of this Agreement, the Company shall be entitled to terminate the Appointment by one (1) month month’s notice in writing given at any time while if the Executive shall have been incapacitated or prevented by reason of ill health injury or accident from performing his duties hereunder for a period of or periods aggregating 90 days in 12 months preceding the giving of such notice.