Without Reason Sample Clauses
A "Without Reason" clause allows one or both parties to terminate an agreement or take a specified action without needing to provide justification or cause. In practice, this means a party can end the contract at their discretion, often by giving a certain amount of advance written notice, regardless of whether the other party has breached any terms. This clause provides flexibility and control, enabling parties to exit arrangements that are no longer beneficial or aligned with their interests, thereby reducing the risk of being locked into unfavorable contracts.
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Without Reason. Without reason, at any time upon providing thirty (30) days prior written notice to the Company, in which event the Company shall not be obligated to provide to the Employee any compensation or benefits after the effective date of such termination except as required by law.
Without Reason. The Employee may terminate the Employee’s employment hereunder without cause for any or no reason. For purposes of this Agreement, a “Without Reason Termination” shall mean a termination by the Employee of the Employee’s employment hereunder other than pursuant to Good Reason Termination.
Without Reason. (a) This Agreement may be terminated by you or Aussie without reason upon the giving of not less than 20 Business Days’ written notice.
(b) If either party terminates this Agreement pursuant to clause 18.1(a), Aussie may, at its discretion and subject to the UCT Qualification, pay you the equivalent amount of the Fees for your Service payable by Aussie to you during the notice period in lieu of any notice period relating to termination of this Agreement under clause 18.1. If Aussie decides to make such a payment in lieu, you will not be required to perform the Services for the period covered by the payment.
(c) If you give notice of termination of this Agreement pursuant to clause 18.1(a) and Aussie has discovered or subsequently discovers that you, the Aussie Broker or any Associate has acted in a manner which would entitle Aussie to terminate the Agreement pursuant to clause 17.1(a), Aussie may terminate the Agreement with immediate effect pursuant to clause 17.1(a).
Without Reason. Executive may terminate his employment at any time Without Reason. Without limiting the meaning of the term "Without Reason," it shall constitute termination of employment Without Reason if, at the expiration of the Term (including any month-to-month extensions pursuant to Section 1), Executive refuses to sign a renewal or extension of this Agreement or a successor agreement for an addition term of one or more years, provided that such renewal, extension or successor agreement does not reduce Executive's then current base salary or short- or long-term incentive targets.
Without Reason. Consultant may terminate Consultant’s engagement under this Agreement for any reason provided that Consultant gives Company at least thirty-days’ notice in writing. Company may, at its option, relieve Consultant of all duties and authority after notice of termination has been provided.
Without Reason. The Executive may terminate his employment under this Agreement without reason by giving the Company ninety (90) days' prior written notice.
Without Reason. Executive may terminate his services at any time during the Secondment Period, or his employment at any time during the Term, Without Reason. Without limiting the meaning of the term "Without Reason," it shall constitute termination Without Reason if, at the expiration of the Term (including any month-to-month extensions pursuant to Section 1), Executive refuses to sign a renewal or extension of this Agreement or a successor agreement for an additional term of one or more years, provided that such renewal, extension or successor agreement does not reduce Executive's then-current base salary or short- or long-term incentive targets.
Without Reason. Executive has the right to terminate the Agreement and the Agreement Term, at any time, upon sixty (60) days notice to Company.
Without Reason. A total of three (3) days shall be granted to each employee without reason required.