Example ContractsClausesAutomatic Termination
Automatic Termination
Automatic Termination contract clause examples

Automatic Termination. This Agreement shall terminate automatically without any further required action or notice immediately after the Plan Effective Date.

The Executive’s employment shall terminate automatically upon the death of the Executive without the Company being bound to pay any compensation whatsoever except as otherwise required herein or under the text of the Company’s plans, policies and programs in the case of the death of an employee;

Automatic Termination. Notwithstanding the provisions of [Section 2], your employment shall automatically terminate upon your death or Disability (as defined in the Silvercrest LPA). Subject to [Section 6], if your employment is terminated during the Term by reason of your death or Disability, you or your estate, as the case may be, shall be entitled to the following: # payments of the Accrued Amounts, as soon as reasonably practicable following the date your employment with Silvercrest and its affiliates terminates (the “Termination Date”); # payment of an amount equal to the average of the annual bonuses paid to you for the three fiscal years immediately preceding the year of your Termination Date (the “Average Bonus”), which shall be payable on the date on which you (or your beneficiary, in the event of your death) deliver September 18, 2018

Automatic Termination. If Coya does not timely exercise the Option in accordance with Section 2.1.1 (Option and Option Deadline) during the Initial Option Exercise Period or any Extended Option Exercise Period, as applicable, this Agreement shall automatically terminate with no further action by the Parties. Following the Effective Date, no termination of this Agreement may occur pursuant to this Section 10.2.5 (Automatic Termination).

Automatic Termination. This Agreement shall terminate automatically without any further required action or notice immediately upon the later of # the Effective Date and # the date on which the Confirmation Order becomes a Final Order.

Automatic Termination. This Agreement shall terminate, subject to [Section 5.09(b)], upon the earliest of # the mutual written agreement of the Company and Investor, # at such time following the Nomination Start Date when no Investor Parties beneficially own any shares of Common Stock and # the 12-month anniversary of the date hereof if a CFIUS Cure Failure has occurred prior to such anniversary date.

Automatic Termination. In the event that the Development and License Agreement is terminated prior to the “Effective Date” (as defined in the Development and License Agreement) thereof being deemed to occur, this Agreement shall terminate automatically.

Automatic Termination. In the case of a Taking of the entire Premises, then this Lease shall automatically terminate as of the date of possession by the Taking authority.

Automatic Termination. In the case of a Taking of the entire Premises, then this Lease shall automatically terminate as of the date of possession by the Taking authority.

Automatic Termination. In the case of a Taking of the entire Premises, then this Lease shall automatically terminate as of the date of possession by the Taking authority.

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