Certain capitalized terms used in the Agreement are defined in Sectionbelow Clause Example with 9 Variations from Business Contracts

This page contains Certain capitalized terms used in the Agreement are defined in Sectionbelow clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year terms (each, an "Additional Term") unless either party provides the other party with written notice of non-renewal at least s...ixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, if a Change of Control occurs at any time during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of Control. If Employee becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More

Variations of a "Certain capitalized terms used in the Agreement are defined in Sectionbelow" Clause from Business Contracts

Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year terms (each, (each an "Additional Term") Term"), unless either party provides the other party with written notice of non-rene...wal at least sixty (60) ninety (90) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, provisions of this paragraph, (a) if a Change of Control occurs at any time when there are fewer than twenty-four (24) months remaining during either the Initial Term or occurs during an Additional Term, the term of this Agreement will extend automatically through the date that is twenty-four (24) months following the effective date of the Change of Control, or (b) if an initial occurrence of an act or omission by the Company constituting the grounds for "Good Reason" in accordance with Section 6(g) hereof has occurred (the "Initial Grounds"), and the expiration date of the Company cure period (as such term is used in Section 6(g)) with respect to such Initial Grounds could occur following the expiration of the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months thirty (30) days following the effective date expiration of such cure period, but such extension of the Change of Control. term will only apply with respect to the Initial Grounds. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year terms (each, (each an "Additional Term") Term"), unless either party provides the other party with written notice of non-rene...wal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, provisions of this paragraph, (a) if a Change of Control occurs at any time when there are fewer than twelve (12) months remaining during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of Control. Control, or (b) if an initial occurrence of an act or omission by the Company constituting the grounds for "Good Reason" in accordance with Section 6(g) hereof has occurred (the "Initial Grounds"), and the expiration date of the Company cure period (as such term is used in Section 6(g)) with respect to such Initial Grounds could occur following the expiration of the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is thirty (30) days following the expiration of such cure period, but such extension of the term shall only apply with respect to the Initial Grounds. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of Executive's continued employment and the mutual covenants contained herein, the parties hereto agree as follows: 1. Term 1.Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date and ending on the third anniversary of the Effective Date (the "Initial Term"). On At the third anniversary end of the Effective Date, Initial Term (and at the end of each Additional Term), this Agreement will renew aut...omatically for an additional one (1) three (3) year terms (each, term (each an "Additional Term") Term"), unless either party Executive or the Company provides the other party with written notice of non-renewal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding A non-renewal by the foregoing sentence, if Company shall be deemed a Change of Control occurs at any time during either termination without Cause unless the Initial Term or an Additional Term, Company and the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of Control. Executive agree in writing otherwise. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. Executive shall be entitled to benefits under Section 3 only once and this Agreement will terminate once all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term 1.Term of Agreement. This Agreement will have an initial a term of three (3) two (2) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year terms (each, an "Additional Term") "Term") unless either party provides the other party with written notice ...of non-renewal termination at least sixty (60) days prior to the date of automatic renewal. in advance. Notwithstanding the foregoing sentence, if a Change of Control occurs at any time during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) twenty-four (24) months following the effective date of the Change of Control. If Employee Executive becomes entitled to benefits under Section 3 or 12 Section 4 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) two years commencing on the Effective Date (the "Initial Term"). On the third second anniversary of the Effective Date, Date and each anniversary thereafter, this Agreement will renew automatically for additional one (1) year terms (each, (each an "Additional Term") Term"), unless either party provide...s the other party with written notice of non-renewal at least sixty (60) 90 days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, if If a Change of in Control occurs at any time when there are fewer than 12 months remaining during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) 12 months following the effective date of the Change of in Control. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. For clarity, an election by the Company not to renew this Agreement for an Additional Term will not be deemed to be a termination of Executive's employment without Cause or grounds for a resignation for Good Reason and, accordingly, Executive will not be eligible for severance benefits under Section 3. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, Date and thereafter, this Agreement will renew automatically for additional successive one (1) year terms (each, an (the "Additional Term") Terms") unless either party provides the other party ...with written notice of non-renewal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, if a Change of Control occurs at any time during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of Control. If Employee Executive becomes entitled to benefits under Section 3 4 during the term of Initial Term or any Additional Term, this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing expire on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will December 31, 2018 and shall renew automatically for an additional one (1) year terms (each, an "Additional Term") term, unless either party provides the other party w...ith written notice of non-renewal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, if a Change of Control occurs at any time during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of Control. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1. 5. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year terms (each, (each an "Additional Term") Term"), unless either party provides the other party with written notice of non-r...enewal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, provisions of this paragraph, if a Change of in Control occurs at any time when there are fewer than twelve (12) months remaining during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of in Control. If Employee Executive becomes entitled to benefits under Section 3 3(a) or Section 3(b) during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More
Certain capitalized terms used in the Agreement are defined in Sectionbelow. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants covenant s contained herein, the parties hereto agree as follows: 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the "Initial Term"). On the third anniversary of the Effective Date, this Agreement will renew automatically for additional one (1) year yea r terms (each, (each an "Additional Term") , unless either party provides the other party with written notice ...of non-renewal at least sixty (60) days prior to the date of automatic renewal. Notwithstanding the foregoing sentence, provisions of this paragraph, if a Change of in Control occurs at any time when there are fewer than twelve (12) months remaining during either the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change of in Control. If Employee Executive becomes entitled to benefits under Section 3 during the term of this Agreement, Agreement , the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied. View More