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Termination
Termination contract clause examples

TERMINATION. The term of this Agreement shall begin on the date hereof and shall expire on December 31, 2017. Notwithstanding the foregoing, the Company may terminate this Agreement at any time, without cause; provided that, in the event of such termination without cause, the Company must pay Consultant the remainder of the unpaid Fee. In the event of a breach of this Agreement by Consultant, the Company shall also have the discretion to terminate this Agreement immediately. In the event that the Company terminates this Agreement for breach, the Company shall, within thirty (30) days after the conclusion of the term of this Agreement, pay to Consultant all fees and expenses owed by the Company as of the date that the Company provided Consultant written notice of termination.

Termination. This Agreement may be terminated upon written notice at any time prior to Closing by mutual written consent of the parties. Termination of this Agreement will terminate all rights and obligations of the parties under this Agreement and this Agreement will become void and have no force or effect.

Termination. This Agreement may be terminated at any time prior to the Effective Time (with respect to [Sections 8.1(b) through 8.1(h)], by written notice by the terminating party to the other party), whether before or, subject to the terms hereof; after the receipt of Shareholder Approval:

Termination. Article III of this Agreement shall terminate in its entirety upon the earlier of: # an Acquisition (as defined below); # immediately prior to the closing of an Initial Public Offering; # the date upon which less than 20% of the Shares remain outstanding, or # the redemption of all Shares. An “Acquisition” shall mean any # merger or consolidation which results in the voting securities of the Company outstanding immediately prior thereto representing immediately thereafter (either by remaining outstanding or by being converted into voting securities of the surviving or acquiring entity) less than a majority of the combined voting power of the voting securities of the Company or such surviving or acquiring entity outstanding immediately after such merger or consolidation, # sale of all or substantially all the assets of the Company and the distribution of the net proceeds therefrom in accordance with the Company’s Certificate of Incorporation or # sale of shares of capital stock of the Company, in a single transaction or series of related transactions, representing more than 50% of the voting power of the voting securities of the Company.

Termination. This Agreement may be terminated at any time prior to the Closing Date:

Termination. The Registration Rights set forth in this Article 2 shall terminate and cease to be available as to any securities held by a Holder at such time as such Holder (after owning) first ceases to own any Registrable Securities.

Termination. This Agreement shall terminate automatically with respect to a Stockholder, without any notice or other action by any Person, upon the first to occur of # the valid termination of the Merger Agreement in accordance with its terms, # the Effective Time, # the termination of this Agreement by written notice from Parent to the , # any amendment or change to the Merger Agreement or the Offer that is effected without Stockholder’s consent that decreases the amount, or changes the form, of consideration payable to all of the Company pursuant to the terms of the Merger Agreement or # an Adverse Recommendation Change (the period from the date hereof through such time being referred to as the “Agreement Period”). Upon the valid termination of this Agreement in accordance with this Section 5.2, no party shall have any further obligations or liabilities under this Agreement; provided, however, that # nothing set forth in this Section 5.2 shall relieve any party from liability for any willful and material breach of this Agreement prior to termination hereof and # the provisions of this Article V shall survive any valid termination of this Agreement in accordance with this Section 5.2.

Termination. The Parties wish to repay the Promissory Note in full and terminate the Loan Agreement in the manner set forth herein. Concurrently, the JDA will be terminated pursuant to the JDA Termination Agreement dated as of the date hereof between the parties to the JDA (the “JDA Termination Agreement”).

Termination. We anticipate a long and mutually satisfactory relationship. AVRS, however, has the right to terminate our engagement at any time by providing us with a written notice of termination. In the event of such notice received, all AVRS-related fees and costs must be paid within thirty days. Similarly, we also have the right to terminate our engagement, subject to giving you reasonable notice to arrange alternative representation, and, during pendent litigation, upon receipt of leave of the court.

Termination. The Committee may terminate the Plan at any time prior to a Change in Control. The Plan may not be terminated after the effective date of a Change in Control.

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