Term of Employment Clause Example from Business Contracts

Term of Employment. Commencing on the Effective Date, the term of Executive's employment hereunder, unless sooner terminated as provided herein, is for a period of two (2) years from the Effective Date (the "Initial Term"). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a "Renewal Term"), unless either Party gives prior written notice of non-renewal ("Non-Renewal Notice") to the other Party no later than sixty (60) days prior to the expiration of the then ...current Term (as defined herein). For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the "Term." View More