Transition Term. Notwithstanding the expiration of the initial term or any subsequent term or all options to renew, CONTRACTOR and CITY shall continue performance under this Contract until the CITY has a new contract in place with either CONTRACTOR or another provider or until the CITY terminates the Contract.
Transition Term. Promptly after June 30, 2002, the parties hereby agree to negotiate in good faith and enter into a Transition Services Agreement with terms reasonably acceptable to each party. The Transition Services Agreement will provide for the termination of all administrative support and information services provided by Continental to Express over a period of time to be set forth therein. Unless terminated earlier pursuant to another provision hereof, this Agreement shall terminate upon the effectiveness of the Transition Services Agreement referred to in the preceding sentences or, if no Transition Services Agreement is entered into, on December 31, 2003.
Transition Term. The Executive hereby agrees to continue to serve as a non-executive employee, with such non-executive employment to begin as of the Resignation Date and continue through December 31, 2013 (the “Transition Term”). The date the Transition Term ends is referred to in the Agreement as the “Retirement Date.”
Transition Term. The Transition Term shall begin on May , 2023 and continue through June 30, 2023. During the Transition Term, the Foundation shall focus on assessing current teaching faculty, administrative personnel and other District employees and personnel and recruiting additional faculty, administrative personnel and other employees as the Foundation determines to be necessary and appropriate to the operations and management of the District. Foundation, on behalf of the District, may begin entering into employment and teaching contracts with teachers, principals and other District personnel as it determines to be necessary and appropriate. The Commissioner hereby delegates its authority to enter into such employment contracts to the Foundation. Foundation shall provide copies of such contracts to the Commissioner. If the Commissioner does not object to any such contract within five (5) business days of receipt, the contract shall be deemed approved by the Commissioner. Additionally, the Foundation shall begin a facility assessment for the purpose of determining necessary repairs and improvements in order to provide a safe and secure educational environment that facilitates student success. During the Transition Term, the Foundation shall have full access to all necessary and appropriate information and records of and relating to the District. District shall retain other operational controls during the Transition Term.
Transition Term. (a) The Transition Term of this Lease shall commence on the Effective Date and, unless sooner terminated as specifically provided in this Lease, shall end on the Commencement Date. In the event Tenant has not received Bona Ride Prospective Lessee Letters in form and substance satisfactory to Tenant within six (6) months of the Effective Date, Tenant shall, in its sole and absolute discretion, either (i) waive the requirement for delivery of Bona Ride Prospective Lessee Letters, in which event the Commencement Date shall be determined as set forth in the Basic Lease Information, or (ii) terminate this Lease, in which event this Lease shall terminate and be of no further force, unless the date for the delivery of Bona Ride Prospective Lessee Letters in form and substance satisfactory to Tenant is further extended by the Parties in writing. Landlord shall deliver possession of the Premises to Tenant on the Commencement Date, and Tenant shall accept such delivery of the Premises on the -28- SAA2 - 402923 Commencement Date, provided, that Tenant shall have the right during the Transition Term to enter the Premises for the purpose of commencing and pursuing the planning, design, and permitting of the work contemplated by the Initial Projects. No Rent will be due or payable for the Transition Term. During the Transition Term, Tenant and Landlord shall fully cooperate with each other to ensure there will be a seamless turnover of possession of the Premises to Tenant on the Commencement Date and a seamless transition in the operations of the Airfield and the Golf Course on the Commencement Date as contemplated by the Airfield Management and Operations Plan and the Golf Course Operations Plan. During the Transition Term, Landlord shall not encumber the Property with a deed of trust or other monetary encumbrance, or voluntarily grant any easements, covenants, restrictions or conditions impacting the Premises except as otherwise provided in the Lease. In furtherance of such transition, Landlord will provide Tenant during the Transition Period access to the Premises and Landlord's staff, employees and contractors who are involved in the operations of the Premises. Landlord will also make available to Tenant for its review, inspection and copying the books, records and other information in Landlord's possession that relate to such operations, to ensure an orderly and smooth transition, including an orderly and smooth transition of the Airfield and Golf Course operations...
Transition Term. (a)Effective as of the Effective Date, Executive shall cease to serve as the Company’s President and shall cease to serve in any other officer or director capacity with the Company or any of its subsidiaries. From the Effective Date through June 30, 2021 (the “Transition Term”) Executive shall continue as a full-time (except as provided below), at-will non-officer employee of the Company and shall provide such duties and responsibilities as may be reasonably requested by the Company, including (i) [***] and (ii) [***]. During the Transition Term, Executive will perform the Services in substantially the same manner and with substantially the same effort, time commitment and level of care as Executive has historically performed duties for the Company prior to the Effective Date and, in all instances, in compliance with all applicable laws and Company policies.
Transition Term. The Company and Executive agree that as of the date of the 2022 fiscal year earnings call (which is expected to be in March 2023), Executive’s employment with the Company shall automatically end; provided, that Executive has remained continuously employed with the Company from the date hereof through such date (the “Transition Term”).
Transition Term. Notwithstanding the expiration of the initial term or any subsequent term or all options to renew, CONTRACTOR and CITY shall continue performance under this Contract until the CITY has a new contract in place with either CONTRACTOR or another provider or until the CITY terminates the Contract. CONTRACTOR may provide to CITY termination assistance (including assistance for the migration of data from the relevant Systems) for a period of up to ninety (90) calendar days (or longer, if so agreed between the parties) after the date of termination, subject to CONTRACTOR and the CITY agreeing in advance the exact duration, scope and applicable fees for such transition assistance. CONTRACTOR will use all reasonable endeavors to minimize the cost of transition assistance to the CITY. Should the CITY elect not to engage CONTRACTOR to provide assistance with data migration, CONTRACTOR shall not be liable to the CITY for any loss or damage occasioned to data during its migration.
Transition Term. (a) Executive hereby agrees to resign as Chief Executive Officer of the Company at the expiration of the Initial Term. From the expiration of the Initial Term through December 31, 2015 (the "Transition Term"), Executive shall continue to be employed as Executive Chairman of the Company. The mutual obligations of the parties under Section 2 of the Employment Agreement shall continue to apply during the Transition Term, except for the first sentence of Section 2(a) and the first sentence of Section 2(b).
Transition Term. (a) From the Effective Date through the first to occur of (i) December 31, 2022 and (ii) the date that is 30 days following the date a successor (“New CFO”) commences employment in the role of Chief Financial Officer of the Company (the “Resignation Date” and such term, the “Transition Term”), Executive shall continue to serve as the Company’s Chief Financial Officer as a full-time at-will employee of the Company and shall continue to have and perform such reasonable and lawful duties, responsibilities and authority as the Board of Directors of the Company (the “Board”) and/or the Chief Executive Officer of the Company may designate from time to time, including (x) the performance of Executive’s current duties and responsibilities as Chief Financial Officer and (y) assisting the Company in the hiring or appointment of the New CFO and the transition of duties to the new CFO (the “Services”). During the Transition Term, Executive will perform the Services in substantially the same manner and with substantially the same effort, time commitment and level of care as Executive has historically performed duties for the Company prior to the Effective Date and, in all instances, in compliance with all applicable laws and Company policies.
