Upon Termination For Any Reason Sample Clauses
The 'Upon Termination For Any Reason' clause outlines the actions and obligations that take effect when an agreement ends, regardless of the cause. Typically, this clause specifies what happens to outstanding payments, the return or destruction of confidential information, and the cessation of rights or licenses granted under the contract. Its core function is to ensure that both parties understand their responsibilities and the consequences that follow the termination of the agreement, thereby reducing confusion and potential disputes.
Upon Termination For Any Reason. In the event of any termination, Executive shall be entitled to receive:
(A) any unpaid reasonable, reimbursable business expenses incurred by Executive in the course of performing Executive’s duties under this Agreement that were incurred in a manner consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, subject to the Company’s requirements with respect to incurring, reporting and documenting such expenses; and
(B) benefits under the Company’s benefit plans of general application as shall be determined under the provisions of those plans.
Upon Termination For Any Reason. (a) all rights granted to you under this Licence will cease;
(b) you must cease all activities authorised by this Licence; and
(c) you must immediately delete or remove the Software from all computer equipment in your possession and immediately destroy or return to us (at our option) all copies of the Software and Documentation in your possession, custody or control and, in the case of destruction, certify to us that you have done so.
Upon Termination For Any Reason. 6.2.1 all rights granted to you under this Licence shall cease;
6.2.2 you must cease all activities authorised by this Licence;
6.2.3 you must immediately pay to the Licensor any sums due to the Licensor under this Licence; and
6.2.4 you must immediately delete or remove the Software from all computer equipment in your possession and immediately destroy or return to the Licensor (at the Licensor's option) all copies of the Software then in your possession, custody or control and, in the case of destruction, certify to the Licensor that you have done so.
Upon Termination For Any Reason. Upon any termination of Executive’s employment, the Company shall provide to Executive under this Agreement: (i) any accrued but unpaid Base Salary; (ii) properly incurred but unreimbursed business expenses; (iii) any vested but unpaid fringe benefits (the amounts in subsections (i) – (iii) referred to as the “Accrued Amounts”); and, if applicable (iv) a pro-rated Target Bonus pursuant to Section 5(b) or Separation Benefits pursuant to Section 5(c).
Upon Termination For Any Reason. 6.2.1 all rights granted to you under this ▇▇▇▇ shall cease;
6.2.2 you must cease all activities authorised by this ▇▇▇▇; and
Upon Termination For Any Reason. In the event of any termination, Executive shall be entitled to receive:
Upon Termination For Any Reason or expiration of the rights granted to Rofin under this Agreement, Rofin will immediately cease any use, manufacture or Sale of Laser Units except that:
(a) Rofin shall be entitled to service or repair Laser Units previously sold to customers even after such termination or expiration;
(b) Rofin shall be entitled to complete any written, signed and binding contractual obligations which Rofin had entered into prior to notice of the termination or expiration, but only if:
(i) Rofin informs Boreal of the nature of the contract and number of Laser Units involved; and
(ii) pays to Boreal all of the royalties payable in respect of such Laser Units; and
(c) Such Laser Units as have been manufactured by Rofin prior to notice of termination or expiration may be sold by Rofin subject to payment of the royalties contemplated herein to Boreal.
Upon Termination For Any Reason. (a) all rights granted to you under this Licence shall cease;
(b) you must cease all activities authorised by this Licence; and
(c) you must immediately delete or remove the Calculator from all computer equipment in your possession and immediately destroy or return to us (at our option) any copies of the Calculator then in your possession, custody or control and, in the case of destruction, certify to us that you have done so.
Upon Termination For Any Reason. 8.5.1. all rights granted to you under this Agreement shall cease
8.5.2. you must cease all activities authorized by this Agreement, including distribution of your Application that incorporates the Code;
8.5.3. you must immediately delete or remove the Code from all computer equipment in your possession and immediately destroy or return to us (at our option) all copies of the Code then in your possession, custody or control and, in the case of destruction, certify to us that you have done so.
Upon Termination For Any Reason. (a) As of the date stated in the applicable termination notice (and if no date is stated, then as of the effective date of the termination), Contractor shall (i) terminate the Services specified in the applicable termination notice (but shall continue with all other Services not so terminated in accordance with the terms of this Agreement), (ii) promptly deliver to Company all Deliverables in connection therewith (whether complete or incomplete) for which Company has paid and without further payment or reimbursement from Company for any costs of doing so, (iii) promptly return to Company all Company Materials; (iv) promptly remove any Contractor Equipment located at Company's premises in connection with such terminated Services, and (v) on a pro rata basis, repay all Fees and expenses paid in advance for any terminated Services or Deliverables in connection therewith which have not been performed and/or provided.
(b) In no event shall Company be liable for any Contractor Personnel termination costs arising from the expiration or termination of this Agreement.
(c) In connection with expiration or termination of this Agreement, upon Company’s request, Contractor shall provide transition services for a reasonable period of up to six (6) months. The transition services shall include Contractor providing Company and its service providers reasonable information and cooperation to allow Company to accomplish a transition of any terminated services from Contractor to Company or its designee(s) without causing unnecessary interruption of, or causing any unnecessary adverse impact on, Company’s operations. During the Transition Period, Company shall continue to pay the rates contracted under this Agreement.