Termination Without Cause by City Sample Clauses

The 'Termination Without Cause by City' clause grants the city the right to end a contract at its discretion, without needing to prove fault or breach by the other party. Typically, this clause outlines the required notice period the city must provide before termination and may specify any compensation or procedures for winding down the agreement. Its core function is to give the city flexibility to discontinue contractual relationships when circumstances change, thereby managing risk and ensuring the city's interests are protected even in the absence of wrongdoing by the contractor.
Termination Without Cause by City. The City may terminate this Contract without cause by giving the City Manager written notice of that termination. If the City terminates this Contract without cause, the City shall pay City Manager her salary and benefits owing through her last day of work, such accrued vacation and leave time as would be payable to any other employee up on termination of employment, the payment due under Paragraph 4.07, and City Manager shall receive the following severance pay and benefits: 5.02.03.01 As severance pay, a total of $140,000. This will be paid in 12 equal monthly installments after the effective date of termination, and the City will make normal withholdings as required by law. 5.02.03.02 To assist City Manager in maintaining health insurance, City will, for a maximum of 12 months after the effective date of termination, reimburse the City Manager for her share of COBRA payments she makes to maintain health coverage through the City’s plan. This payment will be made monthly, only upon receiving from City Manager proof of that month’s COBRA payment by her. This benefit/payment will end after 12 months of reimbursement, or sooner, if City Manager obtains health benefits from another employer or otherwise.
Termination Without Cause by City. In addition to and without limiting the other rights of termination provided in this Agreement, the City may, during the Term, terminate this Agreement at any time upon not less than thirty (30) calendar days' Written Notice to the Participant of its intention to terminate.
Termination Without Cause by City. The City may terminate this Contract without cause by giving the City Attorney written notice of that termination. If the City terminates this Contract without cause, the City shall pay City Attorney his salary and benefits and continuation pay owing through his last day of work, and such accrued vacation and leave time as would be payable to any other employee up on termination of employment, and City Attorney shall receive the following severance pay and benefits: 5.02.03.01 As severance pay, one month of base salary plus one month of continuation pay for every year or partial year City Attorney has worked. For purposes of this calculation, City Attorney’s first day of work shall be October 1, 2016. By way of illustration, if City Attorney is terminated without cause on November 1, 2020, City attorney will receive 5 months of Base Salary and 5 months of continuation pay. Notwithstanding the foregoing, this severance pay is capped at 12 months of base salary and 12 months of continuation pay, no matter how long City Attorney has been employed by the City.
Termination Without Cause by City. The City reserves the right to terminate Employee at will immediately without cause at any time within the term of this Agreement. In the event of such termination, the City shall provide Employee written notice of termination and upon receipt of same, Employee shall immediately cease and desist Employee’s provision of services under this Agreement and City shall have no further obligation under this Agreement to pay any further compensation to Employee except for compensation due and owing for services provided prior to Employee’s receipt of the written notice of termination.
Termination Without Cause by City. The City may terminate this Contract without cause by giving the City Attorney written notice of that termination. If the City terminates this Contract without cause, the City shall pay City Attorney his salary and benefits through his last day of work, and such accrued vacation and leave time as would be payable to any other employee up on termination of employment, and City Attorney shall receive the following severance pay and benefits: 5.02.03.01 As severance pay, one month of base salary for every year or partial year City Attorney has worked. For purposes of this calculation, City Attorney's first day of work shall be October 1, 2016. By way of illustration, if City Attorney is terminated without cause on November 1, 2020, City attorney will receive 5 months of Base Salary. Notwithstanding the foregoing, this severance pay is capped at 12 months of base salary, no matter how long City Attorney has been employed by the City.
Termination Without Cause by City. The City reserves the right to immediately terminate the Independent Contractor at will and without cause, within the terms of this Agreement. In the event of such termination, the City will provide the Independent Contractor written notice of termination and upon receipt of same, the Independent Contractor will immediately cease the Independent Contractor’s services under this Agreement. The City will have no further obligation under this Agreement to pay any further compensation to the Independent Contractor except for compensation due and owing for services provided prior to the Independent Contractor’s receipt of the written notice of termination.

Related to Termination Without Cause by City

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

  • 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.

  • Termination Without Cause; Termination for Good Reason Subject to Section 6(b) below, upon termination of the Employee’s employment with the Company by the Company without Cause (as defined in Section 5(f) below) or by the Employee for Good Reason (as defined in Section 5(f) below), other than as a result of death or Disability, the Company shall pay to or provide the Employee the following: (1) any unpaid base salary the Employee has earned through the date of termination, (2) any unpaid annual bonus that the Employee has earned with respect to a year ending prior to such termination, (3) 12 months of the Employee’s then current base salary paid on the Company’s normal payroll dates, (4) the pro-rated portion (based on the number of days in the year completed through the date of termination) of the Employee’s target bonus for the year of termination (paid on the normal date for the payment of the bonus), such amount to be paid only if the Employee has met his pro-rated objective performance targets through the date of termination, (5) an amount equal to the Employee’s target bonus for the year of termination, (6) the costs of COBRA continuation coverage for the Employee and his dependents from the date the Employee’s employment terminates through the earlier of (A) the first anniversary of such termination and (B) the date on which the Employee becomes entitled to health coverage of a similar type from another employer, plus/less (7) any positive/negative accrued vacation days. In addition to the foregoing, upon a termination of the Employee’s employment described in this Section 5(b), any stock options, stock appreciation rights, performance shares, restricted stock, share rights and all other similar types of equity incentives held by the Employee immediately prior to the termination of the Employee’s employment that, but for the termination of the Employee’s employment, would have become vested and, if applicable, exercisable by the first anniversary of the date of his termination of employment, will become immediately vested and, if applicable, exercisable. No amount shall be payable and no benefits shall be provided pursuant to this Section 5(b) until the Employee has executed a release and waiver agreement (substantially in the form attached hereto as Schedule C) releasing and waiving any claims against the Company and in which the Company releases and waives claims against the Employee and if the Employee is serving as a Director of the Company a valid and effective resignation from the Board unless the Employee beneficially owns, directly or indirectly, 5% or more of the Company’s Common Stock.

  • Termination Without Cause or With Good Reason (i) The Board may immediately terminate Executive’s employment at any time for a reason other than Cause (a termination “Without Cause”), and Executive may, by written notice to the Board, terminate this Agreement at any time within 90 days following an event constituting “Good Reason,” as defined below (a termination “With Good Reason”); provided, however, that the Bank shall have 30 days to cure the “Good Reason” condition, but the Bank may waive its right to cure. Any termination of Executive’s employment, other than termination for Cause, shall have no effect on or prejudice the vested rights of Executive under the Bank’s qualified or non-qualified retirement or other employee benefit plans or programs, or compensation plans or programs in which Executive was a participant. (ii) In the event of termination With Good Reason, as described under Section 4(e)(i), and subject to the requirements of Section 4(e)(v), the Bank shall pay Executive, or in the event of Executive’s subsequent death, Executive’s beneficiary or estate, as severance pay, an amount equal to one times the Executive’s Base Salary, payable in a lump sum within ten (10) days of the Executive’s termination of employment. (iii) In the event of termination Without Cause, as described under Section 4(e)(i), and subject to the requirements of Section 4(e)(v), the Bank shall pay Executive, or in the event of Executive’s subsequent death, Executive’s beneficiary or estate, as severance pay, an amount equal to the Executive’s Base Salary for the remaining term of this Agreement, payable in a lump sum within ten (10) days of the Executive’s termination of employment, and the Executive and his or her dependents shall remain eligible to participate in the non-taxable medical and dental insurance programs offered by the Bank to its employees for the remaining term of this Agreement, at no cost to the Executive. If the Bank cannot provide one or more of the benefits set forth in this paragraph because Executive is no longer an employee, applicable rules and regulations prohibit such benefits or the payment of such benefits in the manner contemplated, or it would subject the Bank to penalties, then the Bank shall pay Executive a cash lump sum payment reasonably estimated to be equal to the value of such benefits or the value of the remaining benefits at the time of such determination. Such cash payment will be made on the Bank’s first payroll date immediately following the 30th day after the later of: (i) Executive’s date of termination; or (ii) the effective date of the rules or regulations prohibiting such benefits or subjecting the Bank to penalties.

  • Termination With or Without Cause Notwithstanding any provision to the contrary in this Agreement, the Authority shall have the right to terminate this Agreement without cause by providing the Consultant thirty (30) days’ notice by registered mail, return receipt requested, or overnight express mail. Any provisions of this Agreement which expressly or by implication are intended to survive its termination or expiration will survive and continue to bind the Parties. The Authority shall also have the right to terminate this Agreement immediately, without prior notice, if the Consultant incurs in negligence, abandonment of its obligations and/or breach of the terms of the Agreement. The Consultant may terminate this Agreement if it determines any part of the services rendered hereunder would be in conflict with law or professional standards.