Common use of Termination Under Certain Circumstances Clause in Contracts

Termination Under Certain Circumstances. Notwithstanding anything to the contrary herein contained: (i) Employee's employment shall be automatically terminated, without notice, effective upon the Employee's death; (ii) If Employee shall breach or violate any of the provisions of this Agreement, or fail to perform in a manner reasonably satisfactory to Employer any of the duties required of the Employee and such breach, violation or failure shall continue for a period of ten (10) days after the Employer shall have given Employee written notice specifying the nature thereof in reasonable detail, Employer may, at its option, upon notice to Employee, terminate Employee's employment if such termination is approved by a majority of the Employer's Board of Directors, effective on the date of such an approval.