TERMINATION OF THE INCENTIVE Sample Clauses

TERMINATION OF THE INCENTIVE. PLAN The suspension or termination must be by mutual agreement of the parties. MEMORANDUM OF AGREEMENT between VERIZON NATIONAL BURIED SERVICE WIRE GROUP an d INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS VISION PLAN
Sample 1
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TERMINATION OF THE INCENTIVE. Provisions of the Baichwal Agreement. Baichwal and Penwest hereby agree that, effective as of the Effective Date, Section 1 of the Baichwal Agreement and the second paragraph of Section 5 of the Baichwal Agreement (together, the "Incentive Provisions") are terminated and shall terminate and be of no further force or effect; provided, however, that Penwest shall remain obligated to pay, and shall pay, to Baichwal the royalties owed to Baichwal under Section 1 of the Baichwal Agreement with respect to the one-year period commencing on January 1, 2006. Penwest shall pay such royalty (the "Post-Termination Royalty"), in accordance with the terms of the Baichwal Agreement, on or prior to April 30, 2007.
Sample 1

Related to TERMINATION OF THE INCENTIVE

  • Obligations of the Company Upon Termination of Employment (a) Expiration of Term, By the Company for Cause or by Executive without Good Reason. If Executive's employment shall be terminated:

  • Payments Upon Termination of Employment (a) If Executive's employment with the Company is terminated by reason of:

  • Performance Termination Commencing with the expiration of Fiscal Year 2014, in the event that Adjusted NOI does not equal or exceed the Performance Threshold, then the Tenant shall have the option to terminate this Agreement by providing a ninety (90) day written notice to the Management Company. To terminate this Agreement, Tenant must deliver written notice of such election to Management Company no later than sixty (60) days following Tenant’s receipt of the annual financial reports for such Fiscal Year.

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Compensation Upon Termination Upon termination of Executive’s employment during the Employment Term, Executive shall be entitled to the following benefits:

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Other Termination of Service If the Optionee's Service with the Participating Company Group terminates for any reason, except Disability or death, the Option, to the extent unexercised and exercisable by the Optionee on the date on which the Optionee's Service terminated, may be exercised by the Optionee within three (3) months after the date on which the Optionee's Service terminated, but in any event no later than the Option Expiration Date.

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • Other Terminations of Employment In the event of your termination of employment by Skyworks for Cause or by you for any or no reason other than as a termination of employment described in Sections 1.1, 3.1, or 4.1, you shall not be entitled to any benefits under this Agreement; provided, however, that Skyworks shall pay you any unpaid wages and vacation as may be required by applicable law and provide you with the ability to elect any continued health coverage as may be required under COBRA or similar state law.

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