Common use of The Company’s Right To Terminate Clause in Contracts

The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement at any time during the Employment Period hereof with or without Cause (as defined below) or by reason of Disability (as defined below); provided that the Company shall give Executive at least thirty (30) days prior written notice prior to termination without Cause or for Disability.

Appears in 2 contracts

Samples: Employment Agreement (Reliant Pharmaceuticals, Inc.), Employment Agreement (Reliant Pharmaceuticals, Inc.)

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The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement at any time during the Employment Period term hereof with or without Cause (as defined below) or by reason of Disability (as defined below)Cause; provided that the Company shall give Executive at least thirty (30) days 30 days’ prior written notice prior to termination without Cause or for DisabilityCause.

Appears in 2 contracts

Samples: Employment Agreement (Reliant Pharmaceuticals, Inc.), Employment Agreement (Reliant Pharmaceuticals, Inc.)

The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement Agreement: (i) at any time during the Employment Period hereof Period, with or without Cause (as defined belowin Section 5(g) or by reason of Disability (as defined below); provided that the Company shall give Executive at least thirty or (30ii) without Cause, giving not less than one hundred and twenty (120) days prior written notice, and under the conditions outlined in section 5(c) below. The company may elect to payout the executive for all or part of the notice prior to termination without Cause or for Disabilityperiod. Termination of the Executive will require Board of Directors approval.

Appears in 1 contract

Samples: Employment Agreement (Prana Biotechnology LTD)

The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement at any time during the Employment Period term hereof with or without Cause (as defined below) or by reason of Disability (as defined below); provided that the Company shall give Executive at least thirty (30) days 30 days’ prior written notice prior to termination without Cause or for DisabilityCause.

Appears in 1 contract

Samples: Employment Agreement (Reliant Pharmaceuticals, Inc.)

The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement Agreement: (i) at any time during the Employment Period hereof Period, with or without Cause (as defined belowin Section 5(g) or by reason of Disability (as defined below); provided that the Company shall give Executive or (ii) without Cause, on at least thirty ninety (3090) days days’ prior written notice to the Executive but in any event, not prior to termination without Cause or for Disability1 June, 2010.

Appears in 1 contract

Samples: Employment Agreement (Prana Biotechnology LTD)

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The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement at any time during the Employment Period hereof term hereof, (i) immediately with or without Cause (as defined belowin Section 5(i) or by reason of Disability (as defined below); provided that the Company shall give Executive at least thirty , or (30ii) days without Cause, on 30 days’ prior written notice prior to termination without Cause or for Disability.the Executive..

Appears in 1 contract

Samples: Employment Agreement (Brainstorm Cell Therapeutics Inc.)

The Company’s Right To Terminate. Notwithstanding any other provision of this Agreement to the contrary, the Company may terminate this Agreement Agreement: (i) at any time during the Employment Period hereof Period, with or without Cause (as defined belowin Section 5(g) or by reason of Disability (as defined below); provided that the Company shall give Executive or (ii) without Cause, on at least thirty ninety (3090) days days' prior written notice prior to termination without Cause or for Disabilitythe Executive.

Appears in 1 contract

Samples: Employment Agreement (Prana Biotechnology LTD)

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