Unilateral Termination by the Superintendent Sample Clauses

Unilateral Termination by the Superintendent. The Superintendent may, at the Superintendent's option, unilaterally terminate this Agreement during its term under the conditions set forth below. In the event of unilateral termination by the Superintendent with at least one-hundred-eighty (180) calendar days' notice to the Board and an effective date at the end of the school year, the Superintendent shall pay to the Board TWENTY THOUSAND AND NO/100 DOLLARS ($20,000.00), which relates to some of the aggregate costs to the Board of the search to obtain the Superintendent's successor and any interim replacements. In the event of unilateral termination by the Superintendent with less than one-hundred-eighty (180) calendar days' notice or with an effective date other than at the end of the school year, the Superintendent shall pay to the Board, as liquidated damages, FORTY THOUSAND AND NO/100 DOLLARS ($40,000.00), which relates to much of the aggregate costs to the Board of the search to obtain the Superintendent's successor and any interim replacements. The payment of liquidated damages by the Superintendent under this Paragraph 27.d. shall be the Board's exclusive remedy for any claims of breach of this Agreement due to the Superintendent's unilateral termination. The penalties set forth in this Paragraph 27.d. do not apply in the event that the Superintendent unilaterally terminates this Agreement due to life-altering health issues for the Superintendent, his spouse or children.
Sample 1
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Unilateral Termination by the Superintendent. The Superintendent may, at the Superintendent's option, and by a minimum of ninety (90) days' notice to the Board, unilaterally terminate this contract. In the event of such termination within the first year of this contract, the Superintendent shall pay to the Board, as liquidated damages, TWENTY-FIVE THOUSAND AND N0/100 ($25,000.00) DOLLARS, which relate to the costs borne by the Board of Education on behalf of Xx. Xxxxxxx to earn his Doctor of Education degree. In the event of such termination within the second year (2023-24 school term) of this contract, the Superintendent shall pay to the Board, as liquidated damages, $12,500, which relate to the costs borne by the Board of Education for higher education costs. The payment of liquidated damages by the Superintendent under this paragraph shall be the Board's exclusive remedy for any claims of breach of this contract due to the Superintendent's unilateral termination.
Sample 1
Unilateral Termination by the Superintendent. The Superintendent may, at the Superintendent’s option, and by a minimum of ninety (90) days’ notice to the Board, unilaterally terminate this contract during its term. In the event of unilateral termination with less than ninety (90) days’ notice or an effective date not at the end of the school year, the Superintendent shall pay to the Board, as liquidated damages, TWENTY THOUSAND AND NO/100 ($20,000.00) DOLLARS, which relates to much of the aggregate costs to the Board of the search to obtain the Superintendent’s successor and any interim replacement. The payment of liquidated damages by the Superintendent under this paragraph shall be the Board’s exclusive remedy for any claims of breach of this contract due to the Superintendent’s unilateral termination. However, this paragraph does not apply in the event that the parties mutually agree to end this contract or to termination for disability which qualifies the Superintendent for disability benefits from TRS.
Sample 1
Unilateral Termination by the Superintendent. The Superintendent may unilaterally terminate this Agreement only upon six months’ prior written notice to the Board, during which six months the Superintendent shall continue to perform his obligations to the District. The Superintendent waives any right pursuant to law that would allow him to terminate the Contract with less notice than required by this Section. In the event the Superintendent fails to provide the required notice and perform his duties during the notice period, the Superintendent shall pay damages to the District, and the Board thereof shall be authorized to collect or withhold damages from compensation due or payable to the Superintendent, in an amount equal to the lesser of: (i) the ordinary and necessary expenses of the Board to secure the services of a suitable replacement chief administrative officer; or (ii) one-twelfth (1/12) of the annual salary specified in this Agreement.
Sample 1
Unilateral Termination by the Superintendent. The Superintendent may, at her option, terminate this Contract in the manner permitted for chief executive officers in section 22-63-202(2), C.R.S. The parties agree that section 22-63-202(2), and any subsequent amendments thereto, are incorporated into the Contract by reference.
Sample 1
Unilateral Termination by the Superintendent. The Superintendent may, at the Superintendent’s option, unilaterally terminate this contract during its term. In the event of unilateral termination with at least one-hundred-eighty (180) days’ notice to the Board and an effective date at the end of the school year, the Superintendent shall pay to the Board, as liquidated damages, FIFTEEN THOUSAND AND NO/100 ($15,000.00) DOLLARS, which relates to some of the aggregate costs to the Board of the search to obtain the Superintendent’s successor and any interim replacement. In the event of unilateral termination with less than one-hundred-eighty (180) days’ notice or an effective date not at the end of the school year, the Superintendent shall pay to the Board, as liquidated damages, THIRTY THOUSAND AND NO/100 ($30,000.00) DOLLARS, which relates to much of the aggregate costs to the Board of the search to obtain the Superintendent’s successor and any interim replacement. The payment of liquidated damages by the Superintendent under this paragraph shall be the Board’s exclusive remedy for any claims of breach of this contract due to the Superintendent’s unilateral termination. However, this paragraph does not apply in the event that the parties mutually agree to end this contract or to termination for disability which qualifies the Superintendent for temporary or permanent disability benefits from the Illinois Teachers’ Retirement System.
Sample 1
Unilateral Termination by the Superintendent. The Superintendent may, at the Superintendent’s option, and by a minimum of one hundred twenty (120) days’ notice to the Board, unilaterally terminate this Contract at the end of any contract year. In the event of such termination, the Superintendent shall pay to the Board, as liquidated damages, TEN THOUSAND ($10,000) DOLLARS, which relate to all the aggregate costs to the Board of the search to obtain the Superintendent’s successor and any interim replacement. The payment of liquidated damages by the Superintendent under this paragraph shall be the Board’s exclusive remedy for any claims of breach of this Contract due to the Superintendent’s unilateral termination so long as the foregoing notice and effective date requirements are satisfied.
Sample 1
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Related to Unilateral Termination by the Superintendent

  • Action by the Superintendent The Superintendent shall determine which of the alternative courses of action is proper and shall take appropriate action to implement such determination.

  • Termination by the State The State or commissioner of Administration may cancel this Professional and Technical Services Master Contract and any Work Authorizations at any time, with or without cause, upon 30 days’ written notice to the Contractor. Upon termination, the Contractor will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed.

  • Termination by the Employer The Employer may terminate the Employment Period (i) immediately upon the delivery of a Notice of Termination (as defined in Section 4.01(d) of this Agreement) by the Employer to the Executive setting forth the facts that indicate that a determination has been made that the Executive has a Disability in accordance with Section 4.02 of this Agreement; (ii) immediately upon delivery of a Notice of Termination by the Employer to the Executive setting forth the facts that indicate that an event constituting Cause (as defined in Section 4.03 of this Agreement) has occurred, or on such later date as may be set forth in such Notice of Termination; or (iii) at any time without Cause effective as of the 30th day following the delivery of a Notice of Termination by the Employer to the Executive, or on such later date as may be set forth in such Notice of Termination.

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.

  • Termination by the Company with Cause The Company shall have the right at any time to terminate the Executive's employment hereunder without prior notice upon the occurrence of any of the following (any such termination being referred to as a termination for "Cause"): (i) the commission by the Executive of any deliberate and premeditated act taken by the Executive in bad faith against the interests of the Company; (ii) the Executive has been convicted of, or pleads NOLO CONTENDERE with respect to, any felony, or of any lesser crime or offense having as its predicate element fraud, dishonesty or misappropriation of the property of the Company; (iii) the habitual drug addiction or intoxication of the Executive which negatively impacts his job performance or the Executive's failure of a Company-required drug test; (iv) the willful failure or refusal of the Executive to perform his duties as set forth herein or the willful failure or refusal to follow the direction of the CEO or the Board, provided such failure or refusal continues after thirty (30) days of the receipt of notice in writing from the CEO or the Board of such failure or refusal, which notice refers to this Section 4(a) and indicates the Company's intention to terminate the Executive's employment hereunder if such failure or refusal is not remedied within such thirty (30) day period; or (v) the Executive breaches any of the terms of this Agreement or any other agreement between the Executive and the Company which breach is not cured within thirty (30) days subsequent to notice from the Company to the Executive of such breach, which notice refers to this Section 4(a) and indicates the Company's intention to terminate the Executive's employment hereunder if such breach is not cured within such thirty (30) day period. If the definition of termination for "Cause" set forth above conflicts with such definition in the Executive's time-based or performance- based stock option agreements (collectively, the "Stock Option Agreements") or any agreements referred to therein, the definition set forth herein shall control.

  • Termination by the Company This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by the Company: (a) in order to enter into an Acquisition Agreement pursuant to and in accordance with Section 5.3(c), so long as concurrently with such termination the Company pays the Expense Reimbursement under Section 7.6(b)(i); (b) if Parent or Merger Sub breaches any of their respective representations or warranties, or fails to perform any of their respective covenants or agreements contained in this Agreement, and which breach or failure (i) would, individually or when aggregated with any such other breaches of failures, result in a Parent Material Adverse Effect and (ii) by its nature cannot be cured or has not been cured by Parent or Merger Sub, as applicable, by the earlier of (A) the Outside Date and (B) the date that is twenty (20) Business Days after Xxxxxx’s receipt of written notice of such breach from the Company, but only so long as the Company is not then in material breach of its representations or warranties or materially failing to perform its covenants or agreements contained in this Agreement in a manner that would allow Parent to terminate this Agreement under Section 7.3(b); or (c) upon prior written notice to Parent, if Xxxxxx Sub fails to commence the Offer in accordance with the terms of this Agreement hereof on or prior to the fifteenth (15th) Business Day following the date hereof or if Merger Sub fails to consummate the Offer when required to do so in accordance with the terms of this Agreement; provided, however, that the right to terminate this Agreement pursuant to this Section 7.4(c) shall not be available to the Company if the Company is in breach of any representation, warranty, covenant or agreement set forth in this Agreement that has been the proximate cause of, or resulted in, Merger Sub’s failure to commence or consummate the Offer in accordance with the terms of this Agreement.

  • Termination for Cause by the Company The Company may terminate your employment hereunder for “Cause” at any time after providing a written notice of termination for Cause to you. For purposes of this Agreement, you shall be treated as having been terminated for Cause if and only if you are terminated as a result of the occurrence of one or more of the following events: (i) any willful and wrongful conduct or omission by you that demonstrably and materially injures the Company or its affiliates; (ii) any act by you of fraud, dishonesty, gross negligence, or intentional misrepresentation or embezzlement, misappropriation or conversion of assets of the Company or any affiliate; (iii) you being convicted of, confessing to, pleading nolo contendere to, or becoming the subject of proceedings that provide a reasonable basis for the Company to believe that you have engaged in a felony or any crime involving dishonesty or moral turpitude; (iv) your willful and material violation of any written policies or procedures of the Company, including but not limited to the Company’s code of business conduct, code of ethics and xxxxxxx xxxxxxx policy; (v) your willful and continuous failure to substantially perform your duties or responsibilities hereunder (other than as a result of physical or mental illness), including, but not limited to: (A) significant and/or repeated gross underperformance of the overall area of aggregate responsibilities then under your supervision; or (B) the failure to follow the lawful directions of the Company’s Chief Executive Officer, or if you do not report directly to the Chief Executive Officer, of your supervising officer, in a manner consistent with this Agreement; or (vi) your material, and intentional or willful, violation of any restrictive covenant provided for under this Agreement or any other agreement with the Company to which you are a party. For purposes of this Agreement an act or failure to act shall be considered “willful” only if done or omitted to be done without your good faith reasonable belief that such act or failure to act was in the best interests of the Company. Notwithstanding the foregoing, you shall not be treated as having been terminated as a result of an event described in subsection (i), (iv), (v) or (vi) unless the Company notifies you in writing of the event not more than ninety (90) days after the Company knows, or with the exercise of reasonable diligence would have known, of the occurrence of such event, and you fail within thirty (30) days after receipt of such notice to cure such event to the Company’s reasonable satisfaction; provided, however, that in no event shall the Company’s failure to notify you of the occurrence of any event constituting Cause, or to terminate you as a result of such event, be construed as a consent to the occurrence of future events, whether or not similar to the initial occurrence, or a waiver of the Company’s right to terminate you for Cause as a result thereof.

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period. (b) In the event that the HSP fails to provide an acceptable Transition Plan, the Funder may reduce Funding payable to the HSP prior to termination of this Agreement to compensate the Funder for transition costs.

  • Termination by the Employee The Employee may terminate this Agreement at any time, for any reason or for no reason at all, by giving notice thereof to the Corporation at least thirty (30) days before the effective date of such termination. The Employment Period shall terminate as of the date of such termination of employment.

  • Termination by the Funder The Funder may terminate this Agreement by providing ten (10) calendar days written notice to the Claimholder after the occurrence of any of the following events. The notice shall reasonably describe the alleged breach which is the basis of such termination and clearly state the Funder’s intent to terminate this Agreement if the alleged breach is not cured within ten (10) calendar days of the Claimholder’s receipt of the notice. (a) Any representation or warranty given by the Claimholder was untrue in any material respect as of the Initial Effective Date or the Restated Effective Date of this Agreement; (b) Any breach by the Claimholder of a material provision of this Agreement that has a material adverse effect on the value of the Subject Claim or the Proceeds; (c) An event, circumstance or condition has occurred or been discovered after the Initial Effective Date of the Agreement which would reasonably be expected to render it unlikely that the Claimholder Proceeds will be sufficient to pay the amounts corresponding to Sections 7.4(a) and Section 7.4(b) of this Agreement, as applicable, including the occurrence of any event or development with respect to the Subject Claim that has resulted or could reasonably be expected to result in the dismissal, discontinuation or denial of any material portion of the Subject Claim; or (d) Claimholder becomes insolvent and is subject to Insolvency Proceedings.

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