Notice of Termination Period definition

Notice of Termination Period has the meaning assigned to such term in Section 6 hereof.

Examples of Notice of Termination Period in a sentence

  • During the Notice of Termination Period, which may be reduced or extended in writing by mutual agreement of the parties, the parties will meet and confer in good faith to determine whether modification of Tesla’s Work and amendment of this Agreement is feasible to mitigate any basis for termination under this Section 6 and continue Tesla’s Work, as modified, under this Agreement.

  • To support the transition of the Employee’s duties, including reassignment of responsibilities for Clients and Prospective Clients, the Company reserves the right during the Notice of Termination Period to alter or reduce the Employee’s duties and/or direct the Employee not to perform any duties in its sole discretion.

  • In September 2015, MTS Allstream confirmed that they would like to extend the Notice of Termination Period by an additional year and to have the option to revert back to the all terms and conditions of the Agreement at their discretion up to June 30, 2016.

  • Notice of Termination Period: The Notice of Termination Period for cancellation of the naming rights agreement shall be extended to February 28, 2017.

  • During the Notice of Termination Period the Employee will remain an employee of the Company and continue to receive base salary or salary draw, as applicable, and employee benefits but will no longer be a participant in any Company compensation plan, if applicable.

Related to Notice of Termination Period

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Notice of Termination means a written notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Effective Date of Termination means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits hereunder.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Agreement Termination Date is defined in Section 7.4.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Termination for Cause or "Cause" shall mean termination because of the Executive's personal dishonesty, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, conviction of a felony with respect to the Bank or the Company or any material breach of this Agreement. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Certificate of Termination Demand means a certificate substantially in the form of Annex C to any Multi-Series Letter of Credit.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Event Termination Date See Section 2(e) hereof.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Notification Period has the meaning given to such term in Clause 3.10(b) or 3.10(c) of the Gold Bullion Terms, as the case may be.