Termination at Clause Samples

Termination at the End of a Phase. Each Development Workplan shall include, for the product covered by such Development Workplan, phases for Definition and Feasibility, Development, and Commercialization. Transition from one Development Workplan phase to the next will require successful completion of required milestones, as determined by the Strategic Steering Committee. Each Party will be entitled to terminate further work on a Development Workplan at the completion of the Definition and Feasibility phase and at the completion of the Development phase. If a Development Workplan is terminated by either Party at the end of the Definition and Feasibility phase, neither Party will have any obligations to the other Party with respect to the further development or commercialization of the System covered by the terminated Development Workplan. If a Development Workplan is terminated by one Party at the end of the Development phase, and the other Party desires to continue the development of the System covered by the terminated Development Workplan, the Party terminating the Development Workplan shall [ * ]. In the event Caliper terminates a Development Workplan after the Development phase and Bio-Rad desires to continue with the commercialization of the subject System, Caliper shall also [ * ].
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Related to Termination at

  • Termination at Will This Agreement may be terminated by the OAG for any reason upon five days written notice via certified U.S. mail, hand delivery, or email to the Provider to the physical or email address provided by the Provider in the application.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out: (i) in sufficient detail the underlying Force Majeure Event; (ii) the Termination Date which shall be a date occurring not earlier than 60 (sixty) days from the date of Termination Notice; (iii) the estimated Termination Payment including the details of computation thereof and; (iv) any other relevant information.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • 1Termination This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however, that no such termination will affect the right of any party to ▇▇▇ for any breach by any other party (or parties).