Termination Upon 30-Day Notice Sample Clauses

Termination Upon 30-Day Notice. This Agreement may be terminated by Broker without cause upon at least thirty days prior notice. If Broker terminates this Agreement pursuant to this Section 14.1, GAIN shall have the right to limit the number of new accounts it accepts from Broker during the period between the giving of notice and the transfer of Broker’s accounts. In the event that Broker terminates this Agreement pursuant to this Section 14.1: (a) if the ,effective date of termination is on or before December 31, 2005, Broker shall pay to GAIN a fee of $250,000; (b) if the effective date of termination is on or before December 31, 2006, Broker shall pay to GAIN a fee of $125,000; (c) if the effective date of termination is on or before August 31, 2007, Broker shall pay to GAIN a fee of $62,500; and, (d) if the effective date of termination is on or after September 1,2007, but prior to March 1, 2008, Broker shall pay to GAIN a fee of $31,250; provided, however, in no event shall any fee be payable if Broker’s notice to terminate is given prior to Compatibility being attained to Broker’s satisfaction or if Broker’s notice of termination is given prior to the sixtieth day following the date Customers first begin executing forex deals with GAIN via the Compatibility as contemplated by this Agreement. If any fee described in this Section 14.1 is payable by Broker, it shall be paid on or before the effective date of termination and, when paid, shall constitute a lump-sum royalty payment for a continuation of the license from GAIN to Broker of the forex market data pursuant to Section 2.1.7 (and, upon such payment being made, such license shall automatically be so extended) from the effective date of termination through March 31, 2008.
Sample 1
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Termination Upon 30-Day Notice. This Agreement may be terminated by either party without cause upon thirty days prior notice. If either party terminates the Agreement pursuant to this subparagraph, RJO shall have the right to impose reasonable limitations upon Broker's activi­ties during the period between the giving of Notice and the transfer of Broker's accounts.
Sample 1
Termination Upon 30-Day Notice. This Agreement may be terminated by Broker without cause upon at least ***. If Broker terminates this Agreement pursuant to this Section 14.1, GAIN shall have the right to limit the number of new accounts it accepts from Broker during the period between the giving of notice and the transfer of Broker’s accounts. In the event that Broker terminates this Agreement pursuant to this Section 14.1: (a) if the ,effective date of termination is on or before ***, Broker shall pay to GAIN a fee of ***; (b) if the effective date of termination is on or before ***, Broker shall pay to GAIN a fee of ***; (c) if the effective date of termination is on or before ***, Broker shall pay to GAIN a fee of ***; and, (d) if the effective date of termination is on or after ***, but prior to ***, Broker shall pay to GAIN a fee of ***; provided, however, in no event shall any fee be payable if Broker’s notice to terminate is given prior to Compatibility being attained to Broker’s satisfaction or if Broker’s notice of termination is given prior to the sixtieth day following the date Customers first begin executing forex deals with GAIN via the Compatibility as contemplated by this Agreement. If any fee described in this Section 14.1 is payable by Broker, it shall be paid on or before the effective date of termination and, when paid, shall constitute a lump-sum royalty payment for a continuation of the license from GAIN to Broker of the forex market data pursuant to Section 2.1.7 (and, upon such payment being made, such license shall automatically be so extended) from the effective date of termination through ***.
Sample 1

Related to Termination Upon 30-Day Notice

  • Termination Upon Notice This Agreement may be terminated at any time without cause by either party giving the other party one hundred eighty (180) days written notice.

  • Termination Upon a Change of Control If Executive’s employment by the Employer, or any Affiliate or successor of the Employer, shall be subject to a Termination within a Covered Period, then, in addition to Minimum Payments, the Employer shall provide Executive the following benefits:

  • Termination Upon Default Upon the occurrence of an Event of Default (as defined below) by either party and the failure of such party to cure such default after notice and opportunity to cure as provided by Section 6.3 below, the nondefaulting party may terminate this Agreement at any time.

  • Termination Upon Change of Control Notwithstanding anything to the contrary herein, this Agreement (excluding any then-existing obligations) shall terminate upon (a) the acquisition of the Company by another entity by means of any transaction or series of related transactions to which the Company is party (including, without limitation, any stock acquisition, reorganization, merger or consolidation but excluding any sale of stock for capital raising purposes) other than a transaction or series of transactions in which the holders of the voting securities of the Company outstanding immediately prior to such transaction continue to retain (either by such voting securities remaining outstanding or by such voting securities being converted into voting securities of the surviving entity), as a result of shares in the Company held by such holders prior to such transaction, at least fifty percent (50%) of the total voting power represented by the voting securities of the Corporation or such surviving entity outstanding immediately after such transaction or series of transactions; or (b) a sale, lease or other conveyance of all substantially all of the assets of the Company.

  • Action Upon Termination (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:

  • Resignation upon Termination Effective as of any Date of Termination under this Section 7 or otherwise as of the date of Executive's termination of employment with the Company, Executive shall resign, in writing, from all Board memberships and other positions then held by him with the Company and its Affiliates.

  • Termination Upon a Change in Control If Executive’s employment is subject to a Termination within a Covered Period, then, in addition to Minimum Benefits, the Company shall provide Executive the following benefits:

  • Acceleration Upon a Change of Control Subject to any additional acceleration of exercisability described in Sections 4(b), (c) and (d) below, in connection with a Change of Control (as defined in Section 1 above), the vesting and exercisability of fifty percent (50%) of Executive’s outstanding Stock Awards shall be automatically accelerated. The foregoing provision is hereby deemed to be a part of each such Stock Award and to supersede any less favorable provision in any agreement or plan regarding such Stock Award.

  • Termination Upon Breach Either the Corporation or the Consultant may terminate this Agreement in the event of the breach of any of the material terms or provisions of this Agreement by the other party, which breach is not cured within 10 business days after notice of the same is given to the party alleged to be in breach by the other party.

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

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