Basis of Termination Clause Samples

Basis of Termination. (i) Executive’s employment hereunder may be terminated at any time by mutual agreement of the parties. (ii) This Agreement shall automatically terminate upon the Executive’s death or the date Executive becomes permanently incapacitated. “Permanent Incapacity” as used herein, shall mean mental or physical incapacity, or both reasonably determined by the CEO based upon an opinion of Executive’s regularly attending physician or other qualified physician, rendering Executive unable to perform substantially all of his duties hereunder and which appears reasonably certain to continue for at least twelve consecutive months without substantial improvement. Executive shall be deemed to have “become permanently incapacitated” on the date the CEO has determined that Executive is permanently incapacitated and so notifies Executive.

Basis of Termination. If there is more than one basis on which Essential Energy may terminate the Panel Agreement or any Purchase Order Contract, Essential Energy may nominate the basis of termination.

Basis of Termination. Each of the Company’s Notice of Termination and the Executive’s Notice of Termination must specify the particular termination provision of this Agreement relied upon by the party for the termination.

Basis of Termination. 1. FOR CONVENIENCE: PVTA may terminate this AGREEMENT at any time in whole or in part for its convenience and for any reason, by giving CONTRACTOR ninety (90) days written notice thereof.

Basis of Termination. Failure on the part of the Subgrantee to observe the conditions of this agreement, and by reference, the requirements of the grants manuals of the National Park Service and SHPO, will constitute just cause for terminating the project and reassigning the federal funds to other projects. A complete stoppage of work without prior approval by SHPO will be grounds for termination of the project. Either party may terminate this Agreement early by providing at least thirty (30) days’ written notice to the other party. In the event of early termination, SHPO shall pay all costs accrued by Subgrantee prior to the effective date of termination, including non-cancelable obligations. In addition, SHPO shall pay all other reasonable costs incurred by Subgrantee during the time period between the notification date and termination date which are necessary to terminate the project.

Basis of Termination. The Parties agree and stipulate that the Private Plaintiffs were terminated pursuant to Tenn. Code ▇▇▇. § 7-86-102. 4. Payment. Within five (5) business days of the Effective Date of this Consent Order, ▇▇▇▇▇▇▇ County Emergency Communications District shall hand-deliver to The ▇▇▇▇▇▇▇ Firm a check for Seventy Thousand Dollars and No Cents ($70,000.00), payable to the order of The ▇▇▇▇▇▇▇ Firm Client Trust Account ("Fund"). The Fund shall be distributed in the following manner: (a) Within ten (10) business days following the Effective Date of this Consent Order, the Private Plaintiffs shall execute a release of claims in the form attached as Exhibit A and hand-deliver it to Defendant ▇▇▇▇▇▇▇ County Emergency Communications District. Following their execution of the release, Sixty-Eight Thousand Dollars and No Cents ($68,000.00) shall be disbursed from the Fund to the Private Plaintiffs, Twenty Thousand Dollars and No Cents ($20,000.00) of which shall constitute payment of attorneys fees to The ▇▇▇▇▇▇▇ Firm. (b) In exchange for a full and final release of any legal claims against either or both Defendants relating to the Psychological Review, the Department will offer, in addition to expungement of all records relating to Psychological Review, Four Hundred Dollars and No Cents ($400.00) to each of the Other 9-1-1 Dispatchers Subjected to Psychological Review ("Offer"). Should any of them decline to accept this Offer, the amount offered to them will revert to the Fund. (c) Any amount remaining in or reverting to the Fund will be divided equally between the Private Plaintiffs.

Basis of Termination. This Agreement shall only expire or be terminated on a Subject mAb2-by-Subject mAb2 basis. Termination in respect of any one Subject mAb2 shall not affect the rights of the Parties in respect of each other Subject mAb2 and the relevant Preclinical Program Development Plan.

Basis of Termination. Should this Agreement be cancelled, the Reinsurer shall remain liable for all loss occurrences taking place subsequent to the time and date of cancellation of this Agreement covered by policies in force at the time and date of cancellation of this Agreement until the natural expiration or prior termination of such policies, but in no event for any loss occurrences taking place more than twelve (12) months plus six (6) months' odd time subsequent to the cancellation of this Agreement; or by mutual consent between the Company and the Reinsurer, the Reinsurer shall not be liable for any loss occurrences taking place subsequent to the cancellation of this Agreement. Should the Company exercise the latter option, the Reinsurer shall return to the Company its share of the unearned premium, less the ceding commission allowed by the Reinsurer, applicable to the unexpired portion of policies covered under this Agreement. If this Agreement should be cancelled while a loss occurrence covered hereunder is in progress, the Reinsurer shall be liable, subject to all other conditions of this Agreement, for its share of all individual losses resulting from such loss occurrence whether any such individual losses take place before or after such cancellation.

Basis of Termination. Notice of Termination; Return of Documents