Termination and Tenure Sample Clauses

The 'Termination and Tenure' clause defines the conditions under which an agreement or employment relationship may be ended and specifies the duration or ongoing status of the arrangement. It typically outlines the length of the contract, renewal terms, and the procedures or notice required for either party to terminate the relationship. This clause ensures both parties understand their rights and obligations regarding how long the agreement lasts and how it can be brought to an end, thereby providing clarity and reducing the risk of disputes over contract duration or termination.
Termination and Tenure. After no more than six (6) years of probationary service, a faculty member with a regular appointment, or a Research faculty member hired prior to October 1, 2017, will either be granted tenure after the recommendations set forth herein have been made or will receive notice of termination in accordance with procedures set forth herein. Tenure will be achieved and become official only when granted by the Board of Trustees, and only in accordance with the criteria and procedures provided for in Articles 13 and 15. The tenure of a faculty member will continue until death, resignation, or retirement or until terminated for adequate cause, or, only in the case of a tenured Research faculty member, termination of Federal funding for their position by the U. S. Department of Agriculture or lack of qualifications when the plan of work has been modified or replaced. All persons receiving tenure will be notified in writing by the President or designee.
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Termination and Tenure. After no more than six (6) years of probationary service, a faculty member will either be granted tenure after the recommendations set forth herein have been made or will receive notice of termination in accordance with procedures set forth herein. Tenure will be achieved and become official only when granted by the Board of Trustees, and only in accordance with the criteria and procedures provided for in Articles 13 and 15. The tenure of a faculty member will continue until death, resignation, or retirement or until terminated for adequate cause. All persons receiving tenure will be notified in writing by the President or designee.
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Termination and Tenure. Dismissal and Suspension for Cause: Grounds for Dismissal or Suspension: The Superintendent shall be subject to dismissal and termination of this contract or suspension by the Board for "Cause" for any of the following: Incompetency;
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Termination and Tenure. (1) Dismissal and Suspension for Cause:
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Termination and Tenure. A. This contract shall terminate forthwith and without notice upon the death of Superintendent or any time that she shall fail to meet the legal qualifications required by a school Superintendent. The Superintendent may be discharged and this contract terminated at any time upon notice by the Board for reasons which the Board deems appropriate in its discretion. In such cases, the Superintendent shall be afforded the right to meet with the Board prior to termination in public or private at the Superintendent option. The Superintendent may have legal counsel at this meeting at her own expense. The Board shall provide at least ten ( 10) days advance notice of the Board meeting. B. The Superintendent shall have no tenure rights in position as Superintendent or other administrative position. She shall have only those rights as specified by the Teacher's Tenure Act. MCLA 38.71 et seq.
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Termination and Tenure 
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Related to Termination and Tenure

  • Duration and Termination This Agreement shall become effective with respect to each Fund as of the corresponding effective date indicated in Appendix A and, unless sooner terminated with respect to a Fund as provided herein, shall continue in effect for a period of two years as to such Fund. Thereafter, if not terminated, this Agreement shall continue in effect with respect to the Fund for successive periods of 12 months, provided such continuance is specifically approved at least annually by both (a) the vote of a majority of the Trust’s Board of Trustees or the vote of a majority of the outstanding voting securities of the Fund at the time outstanding and entitled to vote, and (b) the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval. Notwithstanding the foregoing, this Agreement may be terminated by the Trust at any time as to a Fund, without the payment of any penalty, upon giving the Advisor 60 days’ notice (which notice may be waived by the Advisor), provided that such termination by the Trust shall be directed or approved (x) by the vote of a majority of the Trustees of the Trust in office at the time or by the vote of the holders of a majority of the voting securities of the Fund at the time outstanding and entitled to vote, or (y) by the Advisor on 60 days’ written notice (which notice may be waived by the Trust). This Agreement will also immediately terminate in the event of its assignment. (As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested person” and “assignment” shall have the same meanings of such terms in the 1940 Act.)

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • Resignation and Termination An Authenticating Agent may resign by notifying the Indenture Trustee and the Owner Trustee. The Indenture Trustee may terminate the agency of an Authenticating Agent by notifying the Authenticating Agent and the Owner Trustee.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party. a. Any party may terminate this Agreement by written notice to the other at any time if that other party: (i.) commits a breach of this Agreement and, has not yet remedied the breach within 14 days of being notified of the facts and circumstances giving rise to the breach; or

  • Termination and Termination Pay Subject to Section 12 of this Agreement, Executive’s employment under this Agreement may be terminated in the following circumstances: