Termination of Agreement definition

Termination of Agreement shall be deleted and replaced, in its entirety, with the following:
Termination of Agreement. With cause, the Company may terminate this agreement at any time upon thirty (30) days' written notice to the Employee. If the Company requests, the Employee will continue to perform his/her duties and be paid his/her regular salary up to the date of termination. In addition, the Company will pay the Employee on the date of termination a severance allowance of three months pay less taxes and social security required to be withheld. Without cause, the Employee may terminate employment upon 30 days' written notice to the company. Employee may be required to perform his/her duties and will be paid the regular salary to date of termination but shall not receive a severance package allowance. Notwithstanding anything to the contrary contained in this agreement, the Company may terminate the Employee's employment upon 30 days' notice to the Employee should any of the following events occur: a. The sale of substantially all of the Company's assets to a single purchaser or group of associated purchasers or b. The sale, exchange, or other disposition, in one transaction of the majority of the Company's outstanding corporate shares or c. The Company's decision to terminate its business and liquidate its assets d. The merger or consolidation of the Company with another company.
Termination of Agreement has the meaning provided in the GSA and/or GTA and shall be governed as per the provision in the GSA and/or GTA.

Examples of Termination of Agreement in a sentence

  • Commencement, Completion and Termination of Agreement 2.1 Effectiveness of Agreement2.2 Commencement of Services2.3 Termination of Agreement for failure to commence Services2.4 Expiry of Agreement2.5 Entire Agreement2.6 Modification of Agreement2.7 Force Majeure2.8 Suspension of Agreement2.9 Termination of Agreement 3.

  • CONFIDENTIALITY 22.1 Confidentiality 22.2 Term 22.3 Confidential Information 22.4 Scope 22.5 Release of Confidential Information 22.6 Rights 22.7 No Warranties 22.8 Standard of Care 22.9 Order of Disclosure 22.10 Termination of Agreement 22.11 Remedies 22.12 Disclosure to FERC, its Staff or a State 22.13 Required Notices Upon Requests or Demands for Confidential Information ARTICLE 23.

  • Commencement, Completion and Termination of Agreement2.1 Effectiveness of Agreement2.2 Commencement of Services2.3 Termination of Agreement for failure to commence Services2.4 Expiration of Agreement2.5 Entire Agreement2.6 Modification of Agreement2.7 Force Majeure2.8 Suspension of Agreement2.9 Termination of Agreement 3.

  • Subject to the provisions of Section 19 (Termination of Agreement) of this Agreement, the term of this Agreement shall be for a period of one (1) year from the date of execution of this Agreement, as first shown above.

  • Termination of Agreement by Customer shall be free of charge for the Customer, if the Agreement has been in force for more than 6 months.


More Definitions of Termination of Agreement

Termination of Agreement. Chart 2: Monthly Payments
Termination of Agreement. At Trainer's sole election, Trainer's duties hereunder shall terminate if (a) in Trainer's sole judgment, Dog is dangerous or vicious to Trainer or any other person or animal, or interferes with the training of other dogs, or (b) Client breaches any term or condition of this Agreement. Upon termination in accordance with the foregoing, Trainer's duties shall terminate but all other provisions of this Agreement shall continue in full force and effect.
Termination of Agreement. Subject to the rights of termination provided herein, this Agreement shall be for an initial term of three (3) years ending on the third anniversary of the Closing Date and, unless terminated, shall be renewed, automatically, for successive terms of one (1) year. This Agreement may be terminated as follows and the date on which the Agreement terminates is herein referred to as the "Termination Date": (a) Each of the Agent and the Borrower may terminate this Agreement at the end of the initial term or any subsequent renewal term by giving the other 60 days' prior written notice, in which case the fee provided for in Section 4.10 will not be payable. (b) The Borrower may terminate this Agreement at any other time upon 60 days' prior written notice provided that the Borrower repays all of the Obligations, the early termination fee as provided for in Section 4.10, as well as the collateral monitoring fee provided for in Section 4.9 for the balance of the initial three (3) year term or any one (1) year renewal term, as the case may be. (c) The Agent may terminate this Agreement at any time without notice upon the occurrence of an Event of Default, in which case the fee provided for in Section 4.10 will be payable.
Termination of Agreement. The telecommuting arrangement can be discounted at any time if it is not in the best interest of the University.
Termination of Agreement. This Agreement shall expire when all obligations of the parties hereunder have been satisfied.
Termination of Agreement. If I violate any of these rules, I understand that Xxxxxx & Associates Family Healthcare will provide two (2) weeks written notice to discharge me from the practice.
Termination of Agreement. By the Executive For Good Reason” Provision of the Agreement. Section V.F.3 of the Agreement is hereby deleted in its entirety and amended and restated as follows: