Termination Clause Example from Business Contracts

This example Termination clause appears in 2 contracts from 1 company

Termination. (a) Right to Terminate. At any time, Director may be removed as a director as provided in Company's Certificate of Incorporation, as amended, bylaws, as amended, and applicable law. At any time, Director may resign as a director as provided in Company's Certificate of Incorporation, as amended, bylaws, as amended, and applicable law. Notwithstanding anything to the contrary contained in or arising from this Agreement or any statements, policies, or practices of Company, neither Director nor Comp...any shall be required to provide any advance notice or any reason or cause for termination of Director, except as provided in Company's Certificate of Incorporation, as amended, bylaws, as amended, and applicable law. 2 (b) Effect of Termination as Director. Upon a termination of Director's status as a Director, this Agreement shall terminate. Company shall pay to Director all compensation and benefits to which Director is entitled up through the date of termination. View More