Service Restriction Clause Samples

Service Restriction. Nothing in this Agreement will prevent or restrict Executive from serving on the Board of Directors of any public or private companies and receive compensation from such service.

Service Restriction. Customer shall not use the electric power and energy furnished hereunder as an auxiliary or supplement to any other source of purchased power and shall not sell any electric power and energy purchased hereunder.

Service Restriction. The Restricted Stock Units shall be forfeited and transferred to the Company upon the Participant’s termination of employment with the Company and its Subsidiaries, for any reason prior to the “Vesting Dates” stated in the Notice. In the event a Participant’s status changes among the positions of Employee, Director and Independent Contractor, any such change in status shall not constitute a “termination of employment” for purposes of earning, vesting, forfeiture or otherwise.

Service Restriction. (1) We shall be able to limit or change the number of reservations made by the users in order to provide a smooth service to the users. (2) When the lesson is interrupted by a system malfunction of the user's terminal, disconnection of the network environment, or an act corresponding to the Article 6 (prohibition in this service), even if it is in the middle of the lesson, we or the lecturer in charge of the lesson may cancel the lesson for this user. (3) Based on the preceding paragraph, even if the lesson is canceled, this user is not exempt from the obligation to pay the usage fee. However, if the lesson is canceled due to the disconnection of the user's communication environment, lesson points will be returned to the user only once.

Service Restriction. Unless otherwise provided in this Agreement, each Restricted Share shall be forfeited and transferred to the Company upon Grantee's termination of employment for any reason, whether voluntary or involuntary, as an employee of the Company or its subsidiary prior to the expiration of the "Restriction Period" (as defined below) for such Restricted Share. For this purpose, Grantee's employment shall not be treated as terminated in the case of a transfer of employment within the Company and its subsidiaries or in the case of sick leave and other approved leaves of absence.

Service Restriction. We reserve the right to refuse service to anyone for any reason.

Service Restriction. Nothing in this Agreement will prevent or restrict Consultant from serving on the Board of Directors of any public or private companies and receive compensation from such service. THE PARTIES TO THIS AGREEMENT HAVE READ THIS AGREEMENT, UNDERSTAND ITS TERMS AND CONDITIONS, HAVE HAD THE OPPORTUNITY TO CONSULT WITH INDEPENDENT COUNSEL OF THEIR OWN CHOICE AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS.

Service Restriction. The Restricted Shares shall be forfeited and transferred to the Company upon the Participant’s termination of employment with the Company and its Subsidiaries for any reason prior to the “Vesting Date” stated in the Notice.

Service Restriction. Except to the extent otherwise provided in this Agreement, each Restricted Share shall be forfeited and transferred to the Company upon Grantee's termination of employment for any reason, whether voluntary or involuntary, as an employee of the Company or its subsidiary prior to the expiration of the "Restriction Period" for such Restricted Share, as that term is defined below; provided, however, that, for this purpose, (i) any termination of Grantee's employment that occurs on or after the fourth anniversary of the Grant Date but not later than the Final Announcement Date, as defined in Section 2.d below, shall be deemed to have occurred on the first business day after the Final Announcement Date, and (ii) any other termination of Grantee's employment by reason of death (as described in Section 8(a) of the Employment Agreement) or disability (as described in Section 8(b) of the Employment Agreement) that occurs on or after July 1 of any year during the Performance Period (as defined below in Section 2.c(2)) but no later than the Announcement Date (as defined below in Section 2.c(5)) for that year shall be deemed to have occurred on the first business day after such Announcement Date. Further, for this purpose, Grantee's employment shall not be treated as terminated in the case of a transfer of employment within the Company and its subsidiaries or in the case of sick leave and other approved leaves of absence.