Termination or Suspension Without Cause Sample Clauses

The 'Termination or Suspension Without Cause' clause allows either party to end or temporarily halt the agreement without needing to provide a specific reason or justify their decision. Typically, this clause requires the party initiating termination or suspension to give advance written notice, such as 30 days, to the other party. Its core practical function is to provide flexibility and an exit strategy for both parties, enabling them to discontinue the relationship if circumstances change or if the arrangement is no longer beneficial, without having to prove a breach or fault.
Termination or Suspension Without Cause. Exelon may at any time on three (3) days’ notice to Contractor extend, suspend, or delay Contractor’s performance of the Work or upon thirty (30) days’ notice to Contractor terminate this Agreement or a Purchase Order for Exelon’s convenience (“Termination for Convenience”).
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Termination or Suspension Without Cause. If there is no Default Event, the Major Sub-contractor may only exercise a right to terminate, or suspend the performance of its obligations under, the Major Sub-contract to the extent that the Contractor is entitled to terminate the Project Agreement or suspend its corresponding obligations under the Project Agreement.
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Termination or Suspension Without Cause. The Authority may at any time, for any reason, with or without cause, suspend, or terminate this Agreement, or any portion hereof, by serving upon the Consultant at least ten (10) days prior written notice. Upon receipt of said notice, the Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. If the Authority suspends or terminates a portion of this Agreement, such suspension or termination shall not make void or invalidate the remainder of this Agreement. The Consultant may terminate this Agreement only by providing Authority with written notice no less than thirty (30) days in advance of such termination. In the event this Agreement is terminated or suspended pursuant to this Section, the Authority shall pay to Consultant the actual value of the work performed up to the time of termination or suspension, provided that the work performed is of value to the Authority. Upon termination or suspension of the Agreement pursuant to this Section, the Consultant will submit an invoice to the Authority pursuant to this Agreement.
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Termination or Suspension Without Cause. We may suspend your right and license to use any or all Services, or terminate this Agreement in its entirety (and, accordingly, cease providing all Services to you), for any reason or for no reason, at our discretion at any time by providing you sixty (60) days advance notice. Notwithstanding anything to the contrary in this Agreement, You may terminate this Agreement or any Service hereunder for any reason or no reason, by providing Us with sixty (60) days advance notice. In such event, You will have no further payment or other obligation under this Agreement.
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Termination or Suspension Without Cause. Subject to Section 25.2, Company may at any time on three Days’ notice to Contractor extend, suspend, or delay Contractor’s performance or terminate these Contract Documents for Company’s convenience. Any compensation payable to Contractor through the effective date of early termination shall be prorated, based solely on the value of the Work completed, and Company shall not be required to make any payments to Contractor with respect to Work that has not been performed as of the date of early termination, including anticipated overhead or profit for Work not performed by Contractor, and any amounts owed to Contractor will be netted against any advance payments received by Contractor, which could require Contractor reimburse Company. Company shall also pay Contractor for all actual, direct costs incurred by Contractor as a result of the suspension or termination without cause, including the costs of demobilization, cancelling supply (provided that Company has approved all Subcontractor cancellation fees prior to the execution of the Subcontract), and subcontract agreements, committed materials, and rental and lease fees.
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Related to Termination or Suspension Without Cause

  • Termination Without Cause The Company may terminate Executive’s employment without Cause.

  • Termination without Cause or Resignation for Good Reason in Connection with a Change of Control If during the period commencing three (3) months before and ending twelve (12) months after a Change of Control, (1) Executive terminates his employment with the Company (or any Affiliate) for Good Reason or (2) the Company (or any Affiliate) terminates Executive’s employment for other than Cause, Executive becoming Disabled or Executive’s death, then, subject to Section 4, Executive will receive the following severance from the Company:

  • Termination Without Just Cause In the case of a termination of Executive’s employment hereunder Without Just Cause in accordance with Section 1.6.6, Executive shall be entitled to the following in lieu of any other compensation or benefits (under Section 1.4 of this Agreement or otherwise) from Employer: (i) Executive shall receive Termination Compensation each month during the Compensation Continuance Period, subject, however, to Executive’s compliance with Executive’s Section 2 covenants (including, without limitation, compliance with the noncompetition and nonsolicitation covenants of Section 2) for a one (1) year period following Executive’s Termination Date. (ii) Employer shall use their best efforts to accelerate vesting of any unvested benefits of Executive under any employee stock-based or other benefit plan or arrangement to the extent permitted by Code Section 409A or other applicable law and the terms of such plan or arrangement. (iii) Employer shall make available to Executive, at Employer’s cost, outplacement services by such entity or person as shall be designated by Employer, with the cost to Employer of such outplacement services not to exceed Twenty Thousand Dollars ($20,000). (iv) During the Compensation Continuance Period, Executive shall either continue to participate (treating Executive as an “active employee” of Employer for this purpose) in the same group hospitalization plan, health care plan, dental care plan, life or other insurance or death benefit plan, and any other present or future similar group employee benefit plan or program for which officers of Employer generally are eligible, on the same terms as were in effect prior to Executive’s Termination Date, or, to the extent such participation is not permitted by any group plan insurer, under comparable individual plans and coverage (to the extent commercially available). The Termination Compensation and other benefits provided for in this Section 1.7.3 shall be paid by Employer in accordance with the standard payroll practices and procedures in effect prior to Executive’s Termination Date. If Executive breaches Executive’s obligations under Section 1.7.3 or Section 2 of this Agreement, Executive shall not be entitled to receive any further Termination Compensation or benefits pursuant to this Section 1.7.3 from and after the date of such breach.

  • Involuntary Termination Without Cause In the event of the Participant’s involuntary Termination by the Company without Cause, the vested portion of the Option shall remain exercisable until the earlier of (i) ninety (90) days from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to Section 3(d) hereof.

  • Termination for Cause or Resignation without Good Reason If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.