Termination Upon Expiration of Agreement. In the event that Luminex refuses for any reason to extend this Agreement by giving written notice at least 60 days prior to the initial or any renewal period as set forth in Section 2.1, Executive shall be paid (i) within three (3) business days following the effective date of termination the amount of the Accrued Obligations and (ii) all severance compensation provided in Section 4.4. In the event that Executive refuses for any reason (except as otherwise provided herein) to extend this Agreement by giving written notice at least 60 days prior to the initial or any renewal period as set forth in Section 2.1, the termination shall be deemed an Actual Voluntary Termination.
Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional three-year periods, unless and until either party notifies the other, in writing, one year prior to the expiration of the then-current term of this Agreement. After the expiration of this Agreement, the Company shall pay to you the Monthly Supplemental Retirement Benefit as set forth in Paragraph 2D hereof, with the first monthly payment beginning on the first day of the month immediately succeeding the month in which you shall have attained the age of 55. The Company shall have no further obligation to you under this Agreement and you shall have no further obligation to the Company under this Agreement except as provided in Paragraph 11 and Paragraph 12 hereof.
Termination Upon Expiration of Agreement. If Executive’s employment is not terminated in accordance with subparagraphs 7.1-7.6, this Agreement will expire exactly one year from the Effective Date. In the event of expiration of this Agreement, Executive shall be entitled to receive only the Standard Entitlements earned through the date of expiration. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. Executive will not be entitled to receive the Severance Package described in subparagraph 7.2 above.
Termination Upon Expiration of Agreement. In the event that NMHC refuses for any reason to extend the Term of this Agreement by giving written notice at least ninety (90) days prior to the initial or any renewal period as set forth in Section 2.1, Executive shall be paid (i) within three (3) business days following the effective date of termination the amount of the Accrued Obligations; and (ii) (subject to Section 2.2.8)
Termination Upon Expiration of Agreement. In the event that TOKOX xxxls or otherwise refuses for any reason (except as otherwise provided herein) to extend this Agreement at least 90 days prior to the initial or any renewal period, EMPLOYEE shall immediately be paid all accrued salary, bonus compensation calculated by pro-rating all achievement and other measuring numbers set forth in the bonus plan for other similarly situated officers as though the year ended on the date of the failure to extend the Agreement, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of TOKOX xx which EMPLOYEE is a participant to the full extent of EMPLOYEE's rights under such plans, accrued PTO pay and any appropriate business expenses incurred by EMPLOYEE in connection with his duties hereunder, all to the date of termination and all severance compensation provided in Section 5.6, but no other compensation or reimbursement of any kind.
Termination Upon Expiration of Agreement. The paragraph of the First Amendment entitled “Termination Upon Expiration of Agreement” shall be deleted in its entirety. Upon expiration of the Agreement, as modified by this Amendment, on April 30, 2019, Employee shall receive the Standard Termination Payments and, provided Employee has, within 21 days of April 30, 2019, delivered to the Company, and not revoked, a release agreement, substantially in the form attached hereto as Exhibit A (the “Release Requirement”):
Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional five (5) year periods, unless and until either party notifies the other, in writing, two years prior to the expiration of the then-current term of this Agreement. If either party notifies the other party in writing of the non-renewal of this Agreement two (2) years prior to the end of this Agreement, you shall be obligated to continue as President and Chief Executive Officer up to a maximum of six (6) months from the date of such notification if the Board of Directors so requests. In the event your employment is terminated through non-renewal of this Agreement, the Company shall pay you the following:
Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional three (3) year periods, unless and until either party notifies the other, in writing, twelve (12) months prior to the expiration of the then current term of this Agreement that the party giving notification does not want the Agreement and employment automatically extended. At expiration of this Agreement, the Company shall pay to you the following:
Termination Upon Expiration of Agreement. If this Agreement is terminated due to the expiration of the Term as provided in Section 2:
Termination Upon Expiration of Agreement. In the event that the Agreement expires on or after February 1, 2012, you will receive the Accrued Obligations and:
