Termination During the Term Clause Samples
The 'Termination During the Term' clause defines the conditions under which either party may end the agreement before its scheduled expiration. Typically, this clause outlines specific events or breaches—such as non-payment, insolvency, or failure to perform obligations—that would justify early termination. Its core practical function is to provide a clear and agreed-upon mechanism for ending the contract if certain issues arise, thereby protecting both parties from being bound to an unworkable or undesirable arrangement.
Termination During the Term. The Superintendent’s employment may be terminated during the term of this Contract only for cause as defined in M.S. 122A.40, Subd. 9. and Subd. 13., but, except for purposes of describing grounds for discharge, the provisions of M.S. 122A.40 shall not be applicable. If the School Board proposes to terminate the Superintendent during the term of this Contract for cause as described in M.S. 122A.40, Subd. 9. or Subd. 13., it shall notify the Superintendent in writing of the proposed grounds for termination. The Superintendent shall be entitled to a hearing before an arbitrator provided the Superintendent makes such a request in writing to the School Board Chair within fifteen (15) calendar days after receipt of the written notice of the proposed termination. In such event, the parties shall jointly petition the Minnesota Bureau of Mediation Services (BMS) for a list of five (5) arbitrators. The arbitrator shall be selected by the parties through the striking process as provided by BMS rules. The arbitrator shall conduct a hearing under arbitration procedure rules and issue a written decision. The decision of the arbitrator shall be final and binding on the parties, subject to judicial review of arbitration decisions as provided by law. The Superintendent may be suspended with pay pending final determination by the arbitrator. If the Superintendent fails to request a hearing as provided in this section within the fifteen (15)-day calendar period, he/she shall be deemed to have acquiesced to the School Board’s proposed action, and the proposed action shall become final on such date as determined by the School Board, and the Superintendent shall have no further claim or recourse.
Termination During the Term. The Superintendent’s employment may be terminated during the term of this contract only for cause as defined in Minnesota Statutes 122A.40
Termination During the Term. During the term of this Contract, the District may immediately discharge the Superintendent and thereby terminate this Contract based on any of the grounds stated in Minnesota Statutes section 122A.40, subdivisions 9 or 13. If the School Board votes to discharge the Superintendent from employment during the term of this Contract, the Board must give the Superintendent written notice of the grounds for discharge. The Superintendent is entitled to a hearing before an arbitrator to challenge whether the asserted grounds for discharge exist. To exercise this right, the Superintendent or her representative must mail or hand-deliver a written request for arbitration to the School Board Chair within ten (10) calendar days after receiving written notice of the grounds for discharge. If the Superintendent makes a timely request for a hearing, the parties may attempt to mutually agree on an arbitrator. If the parties cannot mutually agree on an arbitrator within five calendar days, the District will petition the Minnesota Bureau of Mediation Services (“BMS”) for a list of five arbitrators. Within ten (10) calendar days after receiving the list, the parties (or their representatives) must select an arbitrator from the list by using an alternating striking process. The arbitrator must conduct a hearing and issue a written decision within sixty calendar days after being selected by the parties, unless the parties agree to extend the timeline. The arbitrator’s decision will be final and binding upon the parties, subject to judicial review of arbitration decisions as provided by law. If the Superintendent (or her representative) fails to mail or hand-deliver a written request for arbitration to the School Board Chair within ten calendar days, the Superintendent will be
Termination During the Term. CELGENE shall have the right, at its sole discretion, exercisable at any time to terminate this Agreement with respect to one or more Selected Target(s), or in its entirety upon one hundred twenty (120) days prior written notice to EPIZYME hereunder.
Termination During the Term. Executive's employment hereunder may terminate for any of the following reasons:
Termination During the Term. Executive's employment with the Company may be terminated as follows:
Termination During the Term. The Superintendent's employment may be terminated during the term of this Contract only for cause as defined in Minn. Stat. §122A.40
Termination During the Term. The Executive Assistant’s employment may be terminated during the term of this contract for just cause. If the School Board terminates the Executive Assistant during the contract term for cause, it shall notify the Executive Assistant in writing of the proposed grounds for termination. The Executive Assistant shall be entitled to request a hearing before an arbitrator provided the Executive Assistant makes a request in writing within fifteen (15) calendar days after the receipt of written notice of proposed termination. In such event, the parties shall jointly petition the Bureau of Mediation Services (BMS) for a list of five (5) arbitrators. The arbitrator shall be selected by the parties through the normal striking process as provided by BMS rules. The arbitrator shall conduct a hearing under normal arbitration procedure rules and issue a written decision. The decision of the arbitrator shall be final and binding upon the parties, subject to normal judicial review of arbitration decisions as provided by law. The Executive Assistant may be suspended with pay pending final determination by the arbitrator. If the Executive Assistant fails to request a hearing as provided herein within such fifteen (15) day calendar period, it shall be deemed acquiescence by the Executive Assistant to the School Board’s action and the Executive Assistant shall have no further claim or recourse.
Termination During the Term. 6.1 This Agreement may be terminated during the Term as follows:
6.1.1 If either party shall become bankrupt or insolvent or make a composition or arrangement with any creditors or have a winding up order made against him or pass a resolution for voluntary winding up or if a liquidator or administrator or receiver or similar is appointed of its undertaking or if possession is taken by or on behalf of the holder of any debts of any of its assets then this Agreement may be terminated by either party on giving not less than 28 days prior notice in writing to the other.
6.2 On the termination of this Agreement within the Term under this clause 7 the Contractor shall be entitled to invoice the ▇▇▇▇▇▇ and to be paid for work done and inputs supplied up to the date on which the Agreement terminates. The ▇▇▇▇▇▇ will pay that invoice within 28 days of receiving it but may deduct losses reasonably arising or expected to arise from any breach of this Agreement by the Contractor.
6.3 The termination of this Agreement shall be without prejudice to the right of either party to make claims in relation to antecedent breaches or losses suffered arising from such breaches
Termination During the Term. The Executive Director’s employment may be terminated during the term of this contract only for cause as defined in M.S. §122A.40, Subds. 9 or 13. Except for purposes of definition of cause, the provisions of M.S. §122A.40 shall not be applicable. If the Governing Board proposes to terminate the Executive Director during the contract term for cause as defined in M.S. §122A.40, Subds. 9 or 13, it shall notify the Executive Director in writing of the proposed grounds for termination. The Executive Director shall be entitled to a hearing before an arbitrator provided the Executive Director makes such a request in writing within fifteen