Terminate for Cause Clause Samples

The 'Terminate for Cause' clause allows one party to end the contract if the other party fails to meet essential obligations or breaches key terms. Typically, this clause outlines specific events or breaches—such as non-payment, failure to deliver goods or services, or violation of confidentiality—that justify immediate termination. Its core function is to provide a clear and enforceable mechanism for ending the agreement when serious problems arise, protecting parties from ongoing harm or unfulfilled commitments.
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Terminate for Cause. The occurrence of any one or more of the following events will justify termination of the contract by the City for cause: 1. The Contractor fails to perform in accordance with the provisions of these specifications or the Contractor violates any of the provisions of these specifications; or 2. The Contractor disregards laws or regulations of any public body having jurisdiction; or 3. The Contractor transfers, assigns, or conveys any or all of its obligations or duties under the contract to another without written consent of the City. 4. If one or more of the events identified above in Subparagraph 1 through 3 above occurs, the City of Buda may, terminate the contract by giving the Contractor seven (7) days written notice. In such case, the Contractor shall only be entitled to receive payment for goods and services provided before the effective date of termination. The Contractor shall not receive any payment on account of loss of anticipated profits or revenue or other economic loss resulting from such termination. 5. When the contract has been so terminated by the City of Buda, such termination shall not affect any rights or remedies of the City then existing or which may thereafter accrue.
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Terminate for Cause. A party shall have the right to terminate this Agreement upon written notice of such termination to the other party in the event: i. the business of the other party is terminated or suspended; ii. a petition for bankruptcy is filed by or against the other party; iii. a receiver is appointed on account of the other party’s insolvency;
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Terminate for Cause. The Company may terminate this Agreement for cause if (i) BIBD or any member, employee or authorized agent of BIBD commits gross negligence in the performance of BIBD's duties hereunder, (ii) BIBD or any member, employee or authorized agent of BIBD willfully engages in any improper activity which is contrary to the best interests of the Company, (iii) BIBD or any member, employee or authorized agent of BIBD willfully violates or disregards written instructions from the Board with respect to BIBD's duties hereunder, (iv) BIBD or any member, employee or authorized agent of BIBD engages in any activity which has a direct material adverse effect upon the Company or its business, or (v) if BIBD commits a material breach of a material provision of this Agreement. BIBD shall be given 10 days' notice of any action which the Company deems to be cause for termination hereunder and BIBD shall be terminated only if BIBD fails to cure such action or offense within such 10-day period or repeats or continues the action or offense after such notice. If the action of offense was taken or committed by an employee or authorized agent of BIBD without BIBD's express authorization or actual prior knowledge, solely for the purpose of determining the Company's right to terminate this Agreement under this Section 4.2, BIBD shall be deemed to have cured the action or offense if it replaces the employee or agent within the 10-day period.
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Terminate for Cause. Buyer may terminate this Agreement for cause; provided, however, Buyer shall deliver notice to Seller of its intent to terminate this Agreement for cause pursuant to this Section 13.6 and Seller shall be given thirty (30) days in which to completely remedy to Buyer's reasonable satisfaction the problem or problems creating the unacceptable consistent defective failure rate.
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Terminate for Cause. Owner may terminate this agreement "for cause" with 30 days written notice and written explanation of the "cause", to Broker. a.) "Cause" must have been addressed directly with the Broker, in writing, prior to termination notice, at the time of the incident, to allow Broker a chance to "cure".
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Terminate for Cause. The occurrence of any one or more of the following events will justify termination of the contract by the City of Southlake for cause: i) The successful proposer fails to perform in accordance with the provisions of these specifications; or ii) The successful proposer violates any of the provisions of these specifications; or iii) The successful proposer disregards laws or regulations of any public body having jurisdiction; or iv) The successful proposer transfers, assigns, or conveys any or all of its obligations or duties under the contract to another without written consent of the City. v) If one or more of the events identified in Subparagraphs G i) through iv) occurs, the City of Southlake may, terminate the contract by giving the successful proposer seven (7) days written notice. In such case, the successful proposer shall only be entitled to receive payment for goods and services provided before the effective date of termination. The successful proposer shall not receive any payment on account of loss of anticipated profits or revenue or other economic loss resulting from such termination. vi) When the contract has been so terminated by the City of Southlake, such termination shall not affect any rights or remedies of the City then existing or which may thereafter accrue.
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Terminate for Cause. The occurrence of any one or more of the following events will justify termination of the contract by the City for cause: 1. The successful Offeror fails to perform in accordance with the provisions of these specifications or the successful Offeror violates any of the provisions of these specifications; or 2. The successful Offeror disregards laws or regulations of any public body having jurisdiction; or
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Related to Terminate for Cause

  • Termination by Employee for Good Reason Employee may terminate Employee’s employment under this Agreement for Good Reason. For purposes of this Agreement, “Good Reason” means the occurrence of any of the following:

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Termination Without Cause; Termination for Good Reason Subject to Section 6(b) below, upon termination of the Employee’s employment with the Company by the Company without Cause (as defined in Section 5(f) below) or by the Employee for Good Reason (as defined in Section 5(f) below), other than as a result of death or Disability, the Company shall pay to or provide the Employee the following: (1) any unpaid base salary the Employee has earned through the date of termination, (2) any unpaid annual bonus that the Employee has earned with respect to a year ending prior to such termination, (3) 12 months of the Employee’s then current base salary paid on the Company’s normal payroll dates, (4) the pro-rated portion (based on the number of days in the year completed through the date of termination) of the Employee’s target bonus for the year of termination (paid on the normal date for the payment of the bonus), such amount to be paid only if the Employee has met his pro-rated objective performance targets through the date of termination, (5) an amount equal to the Employee’s target bonus for the year of termination, (6) the costs of COBRA continuation coverage for the Employee and his dependents from the date the Employee’s employment terminates through the earlier of (A) the first anniversary of such termination and (B) the date on which the Employee becomes entitled to health coverage of a similar type from another employer, plus/less (7) any positive/negative accrued vacation days. In addition to the foregoing, upon a termination of the Employee’s employment described in this Section 5(b), any stock options, stock appreciation rights, performance shares, restricted stock, share rights and all other similar types of equity incentives held by the Employee immediately prior to the termination of the Employee’s employment that, but for the termination of the Employee’s employment, would have become vested and, if applicable, exercisable by the first anniversary of the date of his termination of employment, will become immediately vested and, if applicable, exercisable. No amount shall be payable and no benefits shall be provided pursuant to this Section 5(b) until the Employee has executed a release and waiver agreement (substantially in the form attached hereto as Schedule C) releasing and waiving any claims against the Company and in which the Company releases and waives claims against the Employee and if the Employee is serving as a Director of the Company a valid and effective resignation from the Board unless the Employee beneficially owns, directly or indirectly, 5% or more of the Company’s Common Stock.

  • Termination for Cause; Resignation Without Good Reason If the Company terminates Executive’s employment with the Company for Cause, or Executive resigns without Good Reason, then Executive will not be entitled to any further compensation from the Company (other than accrued salary, and accrued and unused vacation, through Executive’s last day of employment), including severance pay, pay in lieu of notice or any other such compensation.

  • Termination by Employer for Cause Employer may terminate Employee’s employment hereunder for “Cause” upon notice to Employee. “Cause” for this purpose shall mean any of the following: