Puerto Rico Certificate of Termination of Unit

State:
Multi-State
Control #:
US-OG-735
Format:
Word; 
Rich Text
Instant download

Description

This form is signed by and on behalf of the Unit Operator covering lands in which a Unit was formed and established by the Unit Agreement. Pursuant to the specified Article/Section of the Agreement, the purposes for which the Unit was established are no longer in effect and the parties to the Agreement (being the original Working Interest Owners in Tracts included in the Unit, or their successors) have elected to terminate the Agreement.

How to fill out Certificate Of Termination Of Unit?

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FAQ

To order a Puerto Rico Certificate of Good Standing we require the company name and if available the Company Registration number. Once the Certificates of Good Standing has both been prepared and electronically signed by the Secretary of State they will be emailed through.

You'll then need to file a Certificate of Dissolution with the Government of Puerto Rico's Registry of Corporations and Entities. The form can be filed online, in person, or by mail. The certificate must include the following information: The name of the LLC.

This Certificate certifies that whether or not a criminal record exists. This certificate certifies that the applicant has never partaken in any criminal activity that led to the involvement of a Puerto Rico Police Force and is also required when a person applies for an immigration status to other countries.

Termination for cause refers to the firing of an employee for valid, legally classified reasons. In order for termination for cause to be justifiable, the reason for the termination must be serious and legitimate.

Termination for cause is the dismissal of an employee for a satisfactory reason. An employee may be fired for various reasons that may include misconduct, fraud and disclosure of confidential information.

Jurisprudence and elements of just causes of employment termination: Serious misconduct. Willful disobedience. Gross and habitual negligence. Fraud. Willful breach of trust and confidence. Commission of crime or offense. Other causes analogous.

What is ?good cause? for being terminated? ?Good cause? exists when the employer has a good faith business reason for discharging the employee, such as a layoff for economic reasons or termination of the employee for poor performance.

P.R. Laws requires that employers have "just cause" to terminate the employment of an employee hired for an indefinite period of time. If it is determined that there is no just cause, the discharged employee is entitled to an indemnification known as the mesada.

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Puerto Rico Certificate of Termination of Unit