Common use of Termination Notice and Procedure Clause in Contracts

Termination Notice and Procedure. Any termination by the Company for Cause pursuant to ▇▇▇▇▇▇▇▇▇ ▇▇ hereof shall be made by written Notice of Termination to the Executive delivered by hand or certified mail (postage prepaid), return receipt requested, addressed, to the Executive at the address set forth on the signature page of this Chairman Agreement (or such other address as shall be specified in writing by either party to the other). Any such Notice of Termination shall be made in accordance with the following procedures: (i) Any Notice of Termination for Cause shall indicate the specific termination provision in this Chairman Agreement relied upon and shall set forth in reasonable detail the facts and circumstances alleged to provide a basis for termination. (ii) Any Notice of Termination for Cause shall be approved by a resolution duly adopted by a majority of the Directors of the Company (or any successor corporation) then in office, specifying in detail the basis for such termination. (iii) In the event of a purported termination by the Company for Cause, if within thirty (30) days following the date of receipt of the Notice of Termination, the Executive notifies the Company that a dispute exists concerning the basis for termination, this Chairman Agreement shall not be terminated until the dispute is finally resolved either by mutual written agreement of the parties, or by arbitration pursuant to Paragraph 9E hereof.

Termination Notice and Procedure. Any termination by the Company for Cause pursuant to ▇▇▇▇as provided under Paragraph 5B hereof or by the Executive as provided under Paragraph 5C hereof, ▇▇▇▇▇ ▇▇ hereof shall be made ▇▇▇e by written Notice of Termination to the Executive other party delivered by hand or certified mail (postage prepaid), return receipt requested, addressed, if to the Executive Company, at its main office at 1011 Noteware Drive, ▇▇▇▇▇▇▇▇ ▇▇▇▇, MI 49686, or if to the Executive, at the address set forth on the signature page of this Chairman Agreement (or such other address as shall be specified in writing by either party to the other). Any such Notice of Termination shall be made in accordance with the following procedures: (i) Any Notice of Termination for Cause under Paragraph 5B shall indicate the specific termination provision in this Chairman Agreement relied upon and shall set forth in reasonable detail the facts and circumstances alleged to provide a basis for termination. Any termination of employment by the Executive under Paragraph 5C shall ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇. (ii) Any Notice of Termination by the Company for Cause under Paragraph 5B hereof shall be approved by a resolution duly adopted by a majority of the Directors of the Company (or any successor corporation) then in office, specifying in detail the basis for such termination. (iii) In the event of a purported termination by the Company for Cause, if within thirty (30) days following the date of receipt of the Notice of Termination, the Executive one party notifies the Company other that a dispute exists concerning the basis for termination, this Chairman Agreement shall not be terminated until the dispute is finally resolved either by mutual written agreement of the parties, or by arbitration pursuant to as provided in Paragraph 9E 7F hereof.

Termination Notice and Procedure. Any termination by the Company for Cause pursuant to as provided under Paragraph 5B hereof or by Executive as provided under ▇▇▇▇▇▇▇▇▇ ▇▇ hereof hereof, shall be made by written Notice of Termination to the Executive other party delivered by hand or certified mail (postage prepaid), return receipt requested, addressed, if to the Executive Company, at its main office at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, or if to the Executive, at the address set forth on the signature page of this Chairman Agreement (or such other address as shall be specified in writing by either party to the other). Any such Notice of Termination shall be made in accordance with the following procedures: (i) Any Notice of Termination for Cause under Paragraph 5B shall indicate the specific termination provision in this Chairman Agreement relied upon and shall set forth in reasonable detail the facts and circumstances alleged to provide a basis for termination. Any termination of employment by Executive under ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ such fact therein. (ii) Any Notice of Termination by the Company for Cause under Paragraph 5B hereof shall be approved by a resolution duly adopted by a majority of the Directors of the Company (or any successor corporation) then in office, specifying in detail the basis for such termination. (iii) In the event of a purported termination by the Company for Cause, if within thirty (30) days following the date of receipt of the Notice of Termination, the Executive one party notifies the Company other that a dispute exists concerning the basis for termination, this Chairman Agreement shall not be terminated until the dispute is finally resolved either by mutual written agreement of the parties, or by arbitration pursuant to as provided in Paragraph 9E 7F hereof.