TERMINATION OTHERWISE Sample Clauses

TERMINATION OTHERWISE. The above provisions of this Employment Agreement to the contrary notwithstanding, Cohron's employment may be terminated, upon delivery to Cohr▇▇ ▇▇ 60 days notice of termination, at any time during the Term, with or without cause, if the Employer's Board of Directors, for any reason whatsoever, determines that such employment should be terminated. It is understood that Cohr▇▇ ▇▇▇ no continuing right to employment by Employer, and that Employer may, therefore, terminate Cohron's employment at any time of its choosing, and for any reasons which are satisfactory to it. If notice is delivered pursuant to this Paragraph 14 that Cohron's employment is terminated, or Employer timely delivers notice to Cohr▇▇ ▇▇▇t it does not intend to renew this Agreement pursuant to Paragraph 2 above, then Cohr▇▇ ▇▇▇ll be entitled to receive all compensation and fringe benefits to which she is otherwise entitled (and which would otherwise accrue) under this Employment Agreement during the period of 60 days following delivery of such notice. At the conclusion of such period of 60 days, Cohron's employment in the Position shall be terminated and the only rights to compensation and fringe benefits which Cohr▇▇ ▇▇▇ll thereafter have under this Employment Agreement shall be: (a) the right to receive from Employer, on the next scheduled salary payment date, the value of fringe benefits accruing to Cohr▇▇ ▇▇▇er this Agreement as of the effective date of the termination (subject to the terms and conditions of any plan or agreement pursuant to which such benefits are made available) and (b) the right to receive from Employer the total amount of the salary, at the annual rate then in effect, equal to the number of months of Cohron's service under the Term but in no event to exceed twelve (12) months (such total amount being referred to as "Severance Pay") . For purposes of this Paragraph 14, the Term shall begin anew on each occasion that this Employment Agreement is renewed.
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TERMINATION OTHERWISE. The above provisions of this Employment Agreement to the contrary notwithstanding, Perk▇▇▇' ▇▇ployment may be terminated, upon delivery to Perk▇▇▇ ▇▇ 60 days notice of termination, at any time during the Term, for any reason whatsoever, with or without cause, if Employer determines that such employment should be terminated. It is understood that Perk▇▇▇ ▇▇▇ no continuing right to employment
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TERMINATION OTHERWISE. If your employment with the Company shall be terminated by the Company for a reason other than Cause, Retirement, Disability, or your death, or if your employment with the Company shall be terminated by you for Good Reason, then you shall be entitled to the benefits provided below:
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TERMINATION OTHERWISE. If your employment with the Company shall be terminated by the Company for a reason other than Cause, Retirement, Disability, or your death, or if your employment with the Company shall be terminated by you for Good Reason, then you shall be entitled to the benefits provided below:
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Related to TERMINATION OTHERWISE

  • Termination Other Than for Cause A. Pursuant to this provision, the Judicial Council may terminate this Agreement for convenience at any time, upon providing the Contractor written Notice identifying the effective date of termination. Upon the effective date of the termination Notice for convenience, the Contractor shall promptly discontinue all services affected unless the Notice specifies otherwise. B. If the Judicial Council terminates all or a portion of this Contract other than for cause, the Judicial Council will pay the Contractor for satisfactory services rendered before the termination, not to exceed the Contract Amount, unless otherwise set forth herein. C. The Judicial Council’s right to terminate for convenience is in addition to the Judicial Council’s rights to terminate under the Judicial Council’s obligation subject to availability of funds provision or the termination for cause provision, as set forth herein.

  • Termination of Engagement (a) This Agreement shall terminate (i) immediately upon the death of Consultant, (ii) at the option of either party hereto without cause upon thirty (30) days advance written notice from the terminating party to the other party, or (iii) upon the termination of this Agreement by the Contractor for "cause." For the purposes of this Agreement, "cause" shall mean (i) any act by Consultant of fraud or dishonesty (whether or not against or involving the Contractor), (ii) Consultant's competing with the business of the Contractor either directly or indirectly, (iii) Consultant's breach of any material provision of this Agreement, (iv) Consultant's failure to devote his best efforts to his duties under this Agreement or to perform such duties diligently and efficiently and in accordance with the directions of the Contractor or to otherwise fulfill his obligations under this Agreement, (v) Consultant's failure to comply with the decisions or policies of the Contractor, (vi) any act of moral turpitude by Consultant or (vii) any other matter constituting "cause" under applicable law.

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

  • Termination of Other Agreements This Agreement sets forth the entire understanding of the parties hereto with respect to the Option and Option Shares, and supercedes all prior arrangements or understandings among the parties regarding such matters.

  • Termination Without Cause by the Company TERMINATION BY EXECUTIVE FOR GOOD REASON OR TERMINATION DUE TO DISABILITY OR DEATH. In the event that Executive's employment is terminated by Company pursuant to Section 3.2.4 hereof or by reason of Executive's Disability pursuant to Section 3.2.2 hereof or by reason of Executive's death pursuant to Section 3.2.1 hereof, or by Executive for Good Reason, (i) all unvested stock options under this Agreement shall remain outstanding but shall be unexercisable for a period of ninety (90) days and shall thereafter at the end of such 90-day period, subject to the last sentence of this Section 3.3.2 terminate, and all vested and unexercised stock options shall be exercisable for a period of ninety (90) days from the Date of Termination, (ii) the Company shall pay to Executive, subject to Executive's continued compliance with the terms of Sections 4 and 5 hereof, the Severance Amount, (iii) the Company shall reimburse Executive for any unpaid expenses pursuant to Section 2.4.1 hereof and (iv) the Company shall pay the premiums for the Executive's Company provided health insurance for twelve (12) months from the Date of Termination For purposes hereof, "SEVERANCE AMOUNT" shall mean the Base Salary in effect for the greater of (a) the remainder of the Initial Term and (b) the first anniversary of the Date of Termination. Any payments made in accordance with this Section 3.3.2 shall be made in accordance with Company's regular payroll practices and shall be subject to Executive's compliance with Sections 4 and 5 of this Agreement. The breach by Executive of any provision of Sections 4 or 5 shall result in a forfeiture of any unpaid portion of the Severance Amount. Notwithstanding this Section 3.3.2, if the first public disclosure of a Change of Control (as defined in Section 3.4.1 hereof) of the Company (or of an agreement to which the Company is a party to effect a Change of Control of the Company) shall occur within ninety (90) days of the date Executive is terminated without Cause, all unvested Opioid Product Options and Milestone Options shall immediately vest and become exercisable. Executive shall then have ninety (90) days from the Date of Termination to exercise all vested stock options; PROVIDED, that the relevant stock option plan remains in effect and such stock options shall not have otherwise expired in accordance with the terms thereof.