Limited Continuation After Termination Sample Clauses

The Limited Continuation After Termination clause defines which specific obligations or rights of the parties will remain in effect even after the main agreement has ended. Typically, this clause applies to provisions such as confidentiality, indemnification, or dispute resolution, ensuring that these commitments survive the termination of the contract for a set period or indefinitely. Its core practical function is to protect sensitive information and manage ongoing responsibilities, thereby preventing potential disputes or losses that could arise after the contractual relationship has formally concluded.
Limited Continuation After Termination. If the Plan is terminated, Qualified Employer and SISC FLEX may mutually agree in writing that this Agreement shall continue for the purpose of payment of any Plan benefit, expense or claims incurred prior to the date of Plan termination. In addition, if this Agreement is terminated while the Plan continues in effect, this Agreement shall continue for the purpose of payment of any claims for which request for reimbursements have been received by SISC FLEX before the date of such termination. If this Agreement is continued in accordance with this subsection, employer shall pay the required monthly post termination service charges.
Limited Continuation After Termination. If the Plan is terminated, Employer and Administrative Agent may mutually agree in writing that this Agreement shall continue for the purpose of payment of any Plan benefit, expense or Claim incurred prior to the date of Plan termination. In addition, if this Agreement is terminated while the Plan continues in effect, Employer and Administrative Agent may mutually agree in writing that this Agreement shall continue for the purpose of payment of any Claims for which requests for reimbursements have been received by Administrative Agent before the date of such termination. For at least one hundred eighty (180) days following the effective date of Termination, Employer shall maintain a settlement account with Administrative Agent and Alegeus, LLC by which both Administrative Agent and Alegeus, LLC may charge to settle any run-off activity which accrues prior to the effective date of Termination. If this Agreement is terminated and Admin- istrative Agent continues to perform in accordance with this Section 6.5, Employer shall pay the monthly service charges incurred during the period that this Agreement is so continued and a final termination fee equal to the final month’s service charge. The obligations of Employer under this Section 6.5 shall survive expiration or termination of this Agreement.
Limited Continuation After Termination. If any Plan is amended or terminated which results in the elimination of any Benefit Accounts, Employer and UMB may mutually agree in writing that this Agreement shall continue for the purpose of payment of any Claims incurred prior to the termination of such Benefit Accounts. If this Agreement is terminated while any Benefit Accounts continue in effect, Employer and UMB may mutually agree in writing that this Agreement shall continue for the purposes of payment of any Claims received by UMB before the date of such termination. If this Agreement is continued in accordance with this subsection, Employer shall pay the Fees incurred during the period that this Agreement is so continued
Limited Continuation After Termination. If the program is terminated, employer and TPA may mutually agree in writing that this Agreement shall continue for the purpose of payment of any Program benefit, expense, or claims incurred prior to the date of program termination. In addition, if this agreement is terminated while the program continues in effect, employer and TPA may mutually agree in writing that this agreement shall continue for the purpose of payment of any claims for which request for reimbursements have been received by TPA before the date of such termination. If this agreement is continued in accordance with this subsection (3), employer shall pay the monthly service charges incurred during the period that this agreement is so continued and a final termination fee equal to the final month’s service charge and any applicable fees incurred for services rendered by TPA to satisfy plan closure.
Limited Continuation After Termination. If the Program is terminated, Client and ASIFlex may mutually agree in writing that this Agreement shall continue for the purpose of payment of Program benefits, expenses, or claims incurred prior to the date of Program termination. In addition, Client and ASIFlex may mutually agree in writing that this Agreement shall continue for the purpose of payment of any claims for which requests for reimbursements have been received by ASIFlex before the date of such termination. If this Agreement is continued in accordance with this subsection, Client shall pay the monthly service charges incurred during the period that this Agreement is so continued and a final termination fee equal to the final month’s service charge.
Limited Continuation After Termination. In the event of termination for other than National’s concerns regarding the legality of MRB, S/R may by a written election to National prior to date of termination continue this contract for an additional 90 days on the same terms and conditions. S/R may, by a written election to National prior to the end of the 90 day extension period, elect to continue this contract for an additional six months on the same terms and conditions except that National will be entitled to a 30% increase in its rates. (E.g., 1.5% x 130% = 1.95%). At the end of such six month period, this Agreement will terminate in full with no further extensions.

Related to Limited Continuation After Termination

  • Compensation After Termination a. If (i) the Company terminates Employee’s employment during the Employment Period pursuant to Section 4.1.a, 4.1.b, or 4.1.c hereof, (ii) either party terminates this Agreement pursuant to Article 2 hereof or (iii) Employee voluntarily terminates this Agreement pursuant to Section 4.1.d hereof, then the Employment Agreement and Employee’s employment with the Company shall terminate and the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination or expiration date, except that the Company shall pay Employee’s Base Salary accrued through the date of termination or expiration and shall provide such benefits as are required by applicable law. Notwithstanding the foregoing, if the Company terminates Employee pursuant to Section 4.1.a or 4.1.b, the Company will pay to Employee a pro rata share of any incentive compensation earned by Employee during the year in which such termination occurs, such incentive compensation to be determined and payable in the same manner and at the same time as it would have been had Employee’s employment not been terminated pursuant to Section 4.1.a or 4.1.b. b. If the Company terminates the Employee’s employment pursuant to Section 4.1.d hereof, then the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination date, except that, subject to receiving a signed separation agreement and general release of claims from Employee substantially in the form set out in attached Exhibit 1 to this Agreement, modified as necessary so as to be fully enforceable under current applicable law, Company shall pay Employee’s Base Salary through the end of the then current Employment Period and shall provide benefits as are required by applicable law. However, any payments under this Section 4.2.b. payable after termination of employment may be delayed as may be required by Section 7.12 hereof. Provided, however, if the termination of Employee’s employment results in compensation and benefits being provided to Employee pursuant to the Severance Agreement of even date herewith, Employee shall receive no compensation under this Section 4.2, except for Base Salary and benefits accrued through the date of termination or as are otherwise required by applicable law.

  • Obligations after Termination a. Following termination of this Agreement, a Party shall remain liable for all obligations arising hereunder prior to the effective date of termination, including all obligations accrued prior to the effective date, imposed on the Party by this Agreement or the ISO Tariffs or other ISO Related Agreements. b. Termination of this Agreement shall not relieve the NTO of any continuing obligation it may have under the ISO Tariffs and ISO Related Agreements, unless the NTO also withdraws from the ISO Tariffs or ISO Related Agreements.

  • Competition After Termination of Employment The Company shall not pay any benefit under this Agreement if the Executive, without the prior written consent of the Company and within 2 years from the Executive’s Termination of Employment, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Company, which enterprise is, or may deemed to be, competitive with any business carried on by the Company as of the date of termination of the Executive’s employment or retirement. This section shall not apply following a Change in Control.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Survival After Termination The agreement to arbitrate will survive the termination of this Agreement.