Common use of Time of Termination Clause in Contracts

Time of Termination. This Agreement shall terminate upon the first to occur of: (1) 11:59 p.m. on December 31, 2014. (2) The date specified by the Consultant in a notice of termination delivered to the Company. (3) The date specified by the Company in a notice of termination, with or without Cause, delivered to the Consultant. For purposes of this Agreement, “Cause” shall mean: (i) the continued failure of the Consultant to be available to perform substantially the Consultant’s duties hereunder; (ii) the willful engaging by the Consultant in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Company or any of its affiliates; (iii) the Consultant’s conviction of a felony or a guilty or nolo contendere plea by the Consultant with respect thereto; or (iv) the breach by the Consultant of any provision of this Agreement.

Time of Termination. This Agreement shall terminate upon the first to occur of: (1) 11:59 p.m. on December 31April 15, 20142013. (2) The date specified by the Consultant in a notice of termination delivered to the Company. (3) The date specified by the Company in a notice of termination, with or without Cause, delivered to the Consultant. For purposes of this Agreement, “"Cause” " shall mean: (i) the continued failure of the Consultant to be available to perform substantially the Consultant’s 's duties hereunder; (ii) the willful engaging by the Consultant in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Company or any of its affiliates; (iii) the Consultant’s 's conviction of a felony or a guilty or nolo contendere plea by the Consultant with respect thereto; or (iv) the breach by the Consultant of any provision of this Agreement.