Examples of Termination Notification in a sentence
Subject to the terms of Section 5, unless the Executive or the Company gives written notice to the other party of its desire to terminate this Agreement in accordance with Section 5 before the Expiration Date, commencing on May 15th, 2018 (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of one year from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth.
With respect to Section 3(b) of the Option Agreement, and for the avoidance of doubt, no further vesting shall occur after the date of dismissal, resignation or mutual termination, without regard to the Date of Termination Notification, as defined in Section 3(c) of the Option Agreement, as modified.
Under these circumstances, the ROARS shall be remarketed at a floating rate for a period of one year, or until such date (the "Floating Period Termination Date") which is the Remarketing Date following the date on which the Company elects to terminate such Floating Rate Period (the "Floating Rate Period Termination Notification Date"), whichever is sooner.
Subject to the terms of Sections 7, 8 and 9, unless either party gives written notice to the other of its desire to terminate this Agreement at least thirty days prior to the then current Expiration Date or Extended Period (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of two years from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth.
Notwithstanding the foregoing, if, at the end of the Research Phase, Biogen has ongoing Development Programs with respect to all three Ontogeny Hedgehog Proteins, Biogen shall be entitled to delay designation of the Protected Indications until the occurrence of a Mandatory Termination or delivery of a Biogen Early Termination Notification, if any, with respect to one of the Development Programs.
Subject to the terms of Section 6, unless the Executive or the Company gives written notice to the other party of its desire to terminate this Agreement in accordance with Section 5before the Expiration Date, commencing on May 15th, 2018 (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of one year from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth.
The Floating Period Termination Notification Date will be at least four Business Days prior to such Reference Rate Reset Date.
The Commercialization Phase shall commence on the initiation, if any, of the first Development Program and shall continue until the earliest of (i) completion of each of the Development Programs initiated by Biogen, (it) the early termination (pursuant to Biogen Early Termination Notification or Mandatory Termination) of each of the Development Programs initiated by Biogen or (iii) the termination of this Agreement.
The Corporation shall be entitled to demand surrender of certificates purporting to represent Class A Common Stock or Class B Common Stock which have been converted into Common Stock under this Section 3.2 and to withhold dividends and other distributions on the shares so converted until the surrender of such certificates.
Subject to the terms of Sections 7, 8 and 9, unless either party gives written notice to the other of its desire to terminate this Agreement at least thirty days prior to the then current Expiration Date or Extended Period (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of one year from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth.