Example ContractsClausesRights and Obligations Upon Termination.
Rights and Obligations Upon Termination.
Rights and Obligations Upon Termination. contract clause examples

In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

In the event of Employer’s termination of Employee’s employment other than for reasons outlined in Sections 5.1, 5.2(a), or 5.2(b), Employee shall receive Employee’s base salary as set forth in Section 4.1 which would otherwise have been payable to Employee during the remaining balance of the Term had Employee’s employment not been so terminated, payable at the times and in the manner dictated by Employer’s standard payroll policies. As a condition of receiving any such continued base salary for which Employee otherwise qualifies under this Section 5.3(a), Employee agrees to execute, deliver and not revoke (within the time period permitted by applicable law) a general release of Employer and the Related Companies, as well as their respective officers, directors, employees and owners, from any and all claims, obligations and liabilities of any kind whatsoever arising from or in connection with Employee’s employment or termination of employment with Employer or this Agreement (including, without limitation, civil rights claims), in such form as is requested by Employer. Employee’s right to receive any such continued base salary for which Employee otherwise qualifies under this Section 5.3(a) shall immediately cease in the event that Employee violates any of the provisions of Sections 6, 7 or 8. Subject to Section 19 below, payments under this Section 5.3(a) shall accrue until the release is irrevocably effective, with accrued amounts paid as soon as practicable thereafter (and in any event within thirty (30) days thereafter).

Obligations Upon Termination. Upon termination of this Agreement, Company shall have no further obligations to Contractor other than payment of any owed and unpaid amounts due as of the termination date. Upon termination of this Agreement, Contractor shall have no further obligations to Company unless otherwise explicitly set forth in this Agreement or the applicable SOW.

Rights Upon Termination. Upon the Termination Date or the occurrence of any Termination Event, the forbearance as set forth in this Amendment shall terminate upon notice to the Administrative Borrower, and thereafter the Agents and Lenders may immediately commence enforcing their rights and remedies pursuant to the Financing Agreement and Loan Documents and otherwise without notice or demand.

In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

Rights Upon Termination. Upon the Termination Date or the occurrence of any Termination Event, the forbearance as set forth in this Amendment shall terminate upon notice to the Administrative Borrower, and thereafter the Agents and Lenders may immediately commence enforcing their rights and remedies pursuant to the Financing Agreement and Loan Documents and otherwise without notice or demand.

If the Executive’s employment is terminated by the Company pursuant to Section 6(a) or 6(b) hereof or by the Executive pursuant to Section 7(b) hereof, the Executive or his estate shall have no further rights against the [[Company:Organization]] Group hereunder, except for the right to receive, with respect to the period prior to the effective date of termination:

If the Executive’s employment is terminated by the Company pursuant to Section 6(a) or 6(b) hereof or by the Executive pursuant to Section 7(b) hereof, the Executive or his/her estate shall have no further rights against the [[Company:Organization]] Group hereunder, except for the right to receive, with respect to the period prior to the effective date of termination:

Next results

Draft better contracts
faster with AllDrafts

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.