TERMINATION 5 Clause Samples
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TERMINATION 5. 01 Interpublic may terminate the employment of Executive hereunder: (i) by giving Executive notice in writing at any time specifying a termination date not less than twelve months after the date on which such notice is given, in which event his employment hereunder shall terminate on the date specified in such notice, or (ii) by giving him notice in writing at any time specifying a termination date less than twelve months after the date on which such notice is given. In this event his employment hereunder shall terminate on the date specified in such notice and the Corporation shall thereafter pay him a sum equal to the amount by which twelve months' salary, at his then current rate PAGE
TERMINATION 5. 1 This Agreement may be terminated by the Company as follows:
(a) In the absence of just cause by the Company, Ge will receive payments in lieu of notice, based upon the length of services Ge has provided the Company: Service Period Notice
(i) less than thirty six months of service Eighteen (18) months’ notice
(ii) more than thirty-six months of service Thirty (30) months’ notice
(b) Where the Company elects to give Ge notice of termination of this Agreement, in the absence of just cause, Ge may choose to receive payments due in either a lump sum, on a continuance basis or a combination of both.
(c) During the period of notice, Ge will not be required to perform the responsibilities of his position and will return to the Company all property in his possession that belongs to the Company.
(d) Where there is just cause for termination of the engagement or if Ge is in material breach of his obligations under this Agreement, Ge will not be entitled to notice, bonus payments or payment in lieu of notice of the termination of his management Services Agreement. The engagement of Ge shall cease upon receipt of notice that his services are being terminated for just cause. For the purposes of this Agreement, “just cause” will be defined by the common law.
TERMINATION 5. 1 This Agreement shall be effective from and after the date hereof until the termination of this Agreement in accordance with its terms. This Agreement shall be automatically terminated upon the earliest of: (a) the collective written agreement among the Purchaser and the Holder; (b) the Effective Time; and (c) the date on which the Arrangement Agreement is terminated in accordance with its terms, – 5 –
TERMINATION 5. 1 The Licensor shall have the right to terminate this Agreement upon the occurrence of any or all of the following events upon 90 days prior written notice to the Licensee:
(a) If the Licensee shall attempt or purport to assign or otherwise sell, transfer or encumber this Agreement, without the written consent of the Licensor; (b) If the Licensee uses the tradename "DuPont" otherwise than under the terms of this Agreement.
TERMINATION 5. 01. Employee may resign his position and terminate his/her employment by giving the Company thirty (30) days written notice of his intention to resign. The Company may, at its option, waive the remaining notice period and terminate Employee immediately without any notice period or severance obligations. If requested by the Company, Employee agrees to cooperate in training his successor until his actual termination. In the event of such resignation, Employee shall receive only that compensation earned through his last day of employment and all or a portion of any bonus due Employee pursuant to any bonus plan or arrangement established prior to termination, to the extent earned or performed based upon the requirements or criteria of such plan or arrangement, as the Board shall in good faith determine. Subject to the thirty (30) day notice period provide for in this section, Employee may resign his position and be entitled to severance benefits outlined in section 5.05 if the resignation is for "Good Reason", as defined in Exhibit B. 5.
02. The Company may, subject to applicable law, terminate this Agreement by giving Employee two (2) months notice if Employee, due to sickness or injury, is prevented from carrying out his essential job functions for a period of six (6) months or longer. In the event of such termination, Employee shall receive the compensation and benefits provided for in Section 5.05 for the remaining period of the contract but, in no event, for a period longer than one-year or shorter than six-months.
TERMINATION 5. 1 This Agreement may be terminated by the Company as follows:
(a) In the absence of just cause by the Company, Wang will receive payments in lieu of notice, based upon the length of services Wang has provided the Company: Service Period Notice
(i) less than thirty six months of service Eighteen (18) months’ notice
(ii) more than thirty-six months of service Thirty (30) months’ notice
(b) Where the Company elects to give Wang notice of termination of this Agreement, in the absence of just cause, Wang may choose to receive payments due in either a lump sum, on a continuance basis or a combination of both.
(c) During the period of notice, Wang will not be required to perform the responsibilities of his position and will return to the Company all property in his possession that belongs to the Company.
(d) Where there is just cause for termination of the engagement or if Wang is in material breach of his obligations under this Agreement, Wang will not be entitled to notice, bonus payments or payment in lieu of notice of the termination of his management Services Agreement. The engagement of Wang shall cease upon receipt of notice that his services are being terminated for just cause. For the purposes of this Agreement, “just cause” will be defined by the common law.
TERMINATION 5. UKONČENÍ
TERMINATION 5. 1 This Agreement may be terminated by the Company as follows:
(a) In the absence of just cause by the Company, Strauss will receive paymen▇▇ ▇▇ ▇ieu of notice, based upon the length of services Strauss has provided the Co▇▇▇▇▇: Service Period Notice
(i) less than thirty six months of service Eighteen (18) months’ notice
(ii) more than thirty-six months of service Thirty (30) months’ notice
(b) Where the Company elects to give Strauss notice of terminati▇▇ ▇▇ ▇his Agreement, in the absence of just cause, Strauss may choose to recei▇▇ ▇▇▇▇ents due in either a lump sum, on a continuance basis or a combination of both.
(c) During the period of notice, Strauss will not be require▇ ▇▇ ▇▇rform the responsibilities of his position and will return to the Company all property in his possession that belongs to the Company.
(d) Where there is just cause for termination of the engagement or if Strauss is in material brea▇▇ ▇▇ ▇is obligations under this Agreement, Strauss will not be entitle▇ ▇▇ ▇▇tice, bonus payments or payment in lieu of notice of the termination of his management Services Agreement. The engagement of Strauss shall cease upon re▇▇▇▇▇ ▇f notice that his services are being terminated for just cause. For the purposes of this Agreement, “just cause” will be defined by the common law.
TERMINATION 5. 4.1 No party to any Contract has given any notice terminating or purporting to or advising of an intention to terminate that Contract and as far as the Seller is aware no circumstance exists that may entitle any person to do so.
TERMINATION 5. 1 Term The term of this Agreement (“Term”) began on the Effective Date and will continue in full force and effect until terminated in accordance with Section 5.