Upon the occurrence of a [[Organization B:Organization]] Termination Event only, [[Organization B:Organization]] may terminate the right of [[Organization A:Organization]] to use any or all of the ISO Containers. In such event, [[Organization A:Organization]] shall be obligated to deliver the ISO Containers to [[Organization B:Organization]] at a place identified by [[Organization B:Organization]] in the State of Hawai‘i, and shall keep the ISO Containers protected and insured until [[Organization B:Organization]] has obtained full and complete possession thereof free and clear of any claim or Lien (other than a [[Organization B:Organization]] Encumbrance).
Termination Event. As soon as possible and in any event within ten days after the Company knows that any Termination Event has occurred, a statement, signed by an Authorized Officer of the Company, describing such Termination Event and the action which the Company and the members of the Controlled Group propose to take with respect thereto;
The Selling Stockholder, the Agent or the Forward Purchaser may terminate this Agreement prior to the end of the Agency Period, with respect to the sale of Shares by the Selling Stockholder (including through any Forward), by giving written notice as required by this Agreement, upon ten (10) Trading Days’ notice to the other party; provided that # if the Selling Stockholder terminates this Agreement after the Agent confirms to the Selling Stockholder any sale of Shares (or the Forward Purchaser confirms to the Selling Stockholder any sale of Forward Hedge Shares), the Selling Stockholder shall remain obligated to comply with Section 3(b)(v) with respect to such Shares or applicable Forward, as applicable, and # Section 2, Section 6, Section 7 and Section 8 shall survive termination of this Agreement. If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement.
From the date of Executives termination of employment with , whether by Executive or for any or no reason, and provided that Executive executes and returns to a separation and release agreement in form and substance satisfactory to , in its sole discretion, releasing any and all claims Executive has or may have against at the time of his termination of employment from , will pay Executive the Monthly Amount (as defined below) for twenty-four (24) months following Executives termination. The Monthly Amount shall be an amount equal to # the product of # the amount of Executives highest base salary level during the twelve (12) month period immediately prior to his date of termination, multiplied by # 3.36, # divided by twelve (12). Subject to the provisions of Section 24 of this Agreement, the payments of the Monthly Amount shall be made at the end of each month following Executives termination of employment with on s regular monthly payroll date.
Compensation Following Termination. Except as provided in this Section 4, Executive will not be entitled to any payments or benefits from the Company as a result of the termination of Executive’s employment, regardless of the reason for such termination.
From the date of Executive’s termination of employment with , whether by Executive or for any or no reason, and provided that # Executive executes and returns to a separation and release agreement in form and substance satisfactory to , in its sole discretion, releasing any and all claims Executive has or may have against at the time of her termination of employment from , # Executive is employed as an Executive Vice President of at the time of Executive’s termination of employment with , and (iii), except in the event Executive’s employment with is terminated in accordance with applicable laws, rules and regulations due to Executive’s disability, Executive is at least 58 years of age and has served as an Executive Vice President of for at least 5 consecutive years at the time of Executive’s termination of employment with (the “Monthly Payment Requirements”), will pay Executive the Monthly Amount (as defined below) for 24 months following Executive’s termination of employment with . shall have no obligation to make any payments of the Monthly Amount if, at the time of Executive’s termination of employment with , all of the Monthly Payment Requirements are not satisfied. The “Monthly Amount” shall be an amount equal to # the product of # the amount of Executive’s highest base salary level during the 12 month period immediately prior to her date of termination, multiplied by # 3.36, # divided by 12. Subject to the provisions of Section 24 of this Agreement, the payments of any Monthly Amount due shall be made at the end of each month following Executive’s termination of employment with on ’s regular monthly payroll date.
Activity Following Termination. If, within the six-month period following the Key Employee’s termination of employment with the Company, the Company becomes aware that the Key Employee has engaged in Detrimental Activity subsequent to termination, then the Key Employee’s rights with respect to the Grant shall be determined in accordance with any determination by the Committee under this Section 4.
Transition Pay Following Termination. Employee acknowledges that if this Agreement is terminated by Employee for any reason or by the Company for Cause, Employee shall not be entitled to any Transition Pay after the Termination Date. The Company shall pay Employee any accrued but unpaid Transition Pay at the end of the applicable monthly pay period in which the termination occurs.
Minimum Exercise Period Following Termination. Unless a California Participants employment is terminated for cause (as defined by applicable law, the terms of the Plan or option grant or a contract of employment), in the event of termination of employment of such Participant, such Participant shall have the right to exercise an Option, to the extent that such Participant is entitled to exercise such Option on the date employment terminated, until the earlier of: # at least six months from the date of termination, if termination was caused by such Participants death or disability, # at least 30 days from the date of termination, if termination was caused other than by such Participants death or disability and # the Option expiration date.
Termination Following Change in Control. Notwithstanding the provisions of subsection # above, if on the date of or during the twenty-four (24)-month period following a Change in Control, a Participant is removed or the Participant’s service as a director is otherwise involuntarily terminated (other than as a result of the Participant’s failure to receive at an annual or special meeting of shareholders of the Company or the New Company, as applicable, the requisite shareholder vote necessary to be re-elected a director), # all outstanding Options and Stock Appreciation Rights held by such Participant shall become vested and exercisable immediately upon such termination and # all outstanding unvested Restricted Stock and Restricted Stock Unit Awards shall become vested immediately upon such termination.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.