Example ContractsClausesTermination for Other Reasons
Termination for Other Reasons
Termination for Other Reasons contract clause examples

Termination for Other Reasons. If you experience a Termination of Service before any of the Awards are earned and vested as provided in [Section 1] and none of the other provisions of this [Section 3] apply, any Awards that are not vested on the date of your termination are immediately forfeited and no Shares will be issued or issuable or other compensation payable with respect to such forfeited portion of the Awards.

Termination for Other Reasons. If you experience a Termination of Service before any of the Awards are earned and vested as provided in [Section 1] and none of the other provisions of this [Section 3] apply, any Awards that are not vested on the date of your termination are immediately forfeited and no Shares will be issued or issuable or other compensation payable with respect to such forfeited portion of the Awards.

Termination for Safety Reasons. Licensee shall be permitted to terminate the Agreement for safety reasons upon sixty (60) days written notice to Licensor if Licensee has evidence of safety issues on the basis of which a reasonable investigator would conclude that such issues will prevent the successful Development and Commercialization of the Product hereunder. Licensee shall provide such evidence to Licensor together with such notice and shall discuss such evidence as reasonably requested by Licensor. If Licensee determines, in its reasonable judgement, that it has evidence of safety issues that are likely to prevent the successful Development and Commercialization of the Product hereunder, Licensee may so notify Licensor in writing. In such event, whether or not the situation is determined to trigger Licensee’s right to terminate the Agreement for safety reasons pursuant to the first sentence of this Article 12.5, Licensee’s obligations under Article 5.1 shall be suspended for a reasonable time period to enable the Parties to understand whether such issues exist and if so, address such issues (such suspension period not to be longer than ninety (90) days).

Termination by Company for Other Reasons. Company shall have the right at any time to terminate Employee’s employment hereunder for any reason by giving him written notice (which notice shall fix the date as of which Employee's employment is to terminate) of its intention to do so. If Employee's employment hereunder is terminated by Company other than

Termination for Other Reasons. If you experience a Termination of Service before the Awards vest as provided in [Section 1] and none of the other provisions of this [Section 3] apply, any Awards that are not vested on the date of your Termination of Service will be immediately forfeited and no Shares will be issued or issuable or other compensation payable with respect to such forfeited portion of the Awards.

Termination for Other Reasons. The Bank may discharge the Executive for reason other than Cause by giving written notice to the Executive in accordance with Paragraph 15 at least thirty (30) days prior to the Date of Termination. The Executive may resign from his employment, without liability to the Bank, by giving written notice to the Bank in accordance with Paragraph 15 at least thirty (30) days prior to the Date of Termination. Notwithstanding the foregoing, if the Executive resigns for Good Reason, the Executive must provide notice of resignation within ninety (90) days of the occurrence of the event constituting Good Reason and the Bank shall have thirty (30) days to cure, to the Executive's reasonable satisfaction, the event constituting Good Reason. If the Bank fails to cure the event of Good Reason within thirty (30) days, the Executive's resignation shall become effective thirty (30) days after the expiration of the cure period. No payment under this Agreement shall be made upon the occurrence of Executive’s resignation for Good Reason except to the extent that Good Reason for Executive’s separation from service has occurred for purposes of Code [Section 409A]. Except to the extent otherwise provided in Paragraph 9, this Agreement shall terminate immediately as of the Date of Termination in the event the Executive is discharged for reasons other than Cause or resigns.

Termination of Employment for Other Reasons. If your employment is terminated before any of your Awards are earned and vest as provided in [Section 1] and none of the other provisions of this [Section 3] apply, any Awards that are not vested on the date of your termination are immediately forfeited and no Shares will be issued or issuable with respect to such forfeited portion of the Awards.

Termination for Other Reasons. If you experience a Termination of Service before the Awards fully vest as provided in [Section 1] and none of the other provisions of this [Section 3] apply, any Awards that are not vested on the date of your Termination of Service will be immediately forfeited and no Shares will be issued or issuable or other compensation payable with respect to such forfeited portion of the Awards.

Termination for Safety Reasons. PARTNER may terminate this Agreement in its entirety effective immediately upon written notice to REGENX in the event that PARTNER in good faith believes that it is not advisable for PARTNER to continue to Develop or Commercialize the Licensed Products as a result of a Safety Issue; provided that prior to delivery of such written notice, the Senior Officers shall meet and discuss the alleged Safety Issue in good faith for not less than ​.

Termination for Other Reasons. In the event Optionee’s employment (in the event that Optionee is an Employee) or other service (in the event that Optionee is a Consultant) with the Company and all Subsidiaries is terminated for any other reason, the Option will, to the extent exercisable as of such termination, remain exercisable for a period of three (3) months after such termination (but in no event after the Time of Termination).

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