Term of Employment Clause Example with 4 Variations from Business Contracts

This page contains Term of Employment 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.
Term of Employment. (a)The Company employs the Executive, and the Executive agrees to remain in the employment of the Company, in accordance with the terms and provisions of this Agreement, for the period set forth below (the "Employment Period"). (b)The Employment Period under this Agreement shall commence on August 31, 2018 (the "Effective Date") and, subject only to the provisions of Sections 6, 7 and 8 below relating to termination of employment, shall continue until the close of business on August 31, 2020 or,... if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of business on the Extended Termination Date. (c)On August 31, 2020, and on each Extended Termination Date, the Employment Period will automatically be extended for an additional 12-month period so as to end on December 31 of the succeeding calendar year (an "Extended Termination Date") unless either Party gives written notice to the other Party at least one hundred twenty (120) days in advance of the date on which the Employment Period would otherwise end that the Employment Period will not be extended. View More
Found in TRANSENTERIX INC. contract

Variations of a "Term of Employment" Clause from Business Contracts

Term of Employment. (a)The Company (a) TransEnterix Canada employs the Executive, and the Executive agrees to remain in the employment of the Company, TransEnterix Canada, in accordance with the terms and provisions of this Agreement, for the period set forth below (the "Employment Period"). (b)The (b) The Employment Period under this Agreement shall commence on August 31, 2018 24, 2020 (the "Effective Date") and, subject only to the provisions of Sections 6, 7 and 8 below relating to termination of employment, sha...ll continue until the close of business on August 31, 2020 2022 or, if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of business on the Extended Termination Date. (c)On (c) On August 31, 2020, 2022, and on each Extended Termination Date, the Employment Period will automatically be extended for an additional 12-month period so as to end on December August 31 of the next succeeding calendar year (an "Extended Termination Date") unless either Party gives written notice to the other Party at least one hundred twenty (120) days in advance of the date on which the Employment Period would otherwise end that the Employment Period will not be extended. If ever the Company provides such written notice, the one hundred twenty (120) days shall be inclusive of, and not in addition to, any applicable minimum statutory notice of termination required by the Employment Standards Act, 2000 ("ESA"). View More
Found in TRANSENTERIX INC. contract
Term of Employment. (a)The (a) The Company employs the Executive, and the Executive agrees to remain in the employment of the Company, in accordance with the terms and provisions of this Agreement, for the period set forth below (the "Employment Period"). (b)The (b) The Employment Period under this Agreement shall commence commenced on August 31, 2018 September 3, 2013 (the "Effective Date") and, subject only to the provisions of Sections 6, 7 and 8 below relating to termination of employment, shall continue until ...the close of business on August December 31, 2020 2015 or, if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of business on the Extended Termination Date. (c)On August (c) On December 31, 2020, 2015, and on each Extended Termination Date, the Employment Period will automatically be extended for an additional 12-month period so as to end on December 31 of the succeeding calendar year (an "Extended Termination Date") unless either Party gives written notice to the other Party at least one hundred twenty (120) days in advance of the date on which the Employment Period would otherwise end that the Employment Period will not be extended. View More
Found in TRANSENTERIX INC. contract
Term of Employment. (a)The Company employs the Executive, and the Executive agrees to remain in the employment of the Company, in accordance with the terms and provisions of this Agreement, for the period set forth below (the "Employment Period"). By executing this Agreement, the Parties agree that the Prior Agreement is terminated and of no further force and effect. (b)The Employment Period under this Agreement shall commence on August 31, 2018 March 1, 2018, (the "Effective Date") and, subject only to the provisi...ons of Sections 6, 7 and 8 below relating to termination of employment, shall continue until the close of business on August December 31, 2020 or, if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of business on the Extended Termination Date. (c)On August December 31, 2020, and on each Extended Termination Date, the Employment Period will automatically be extended for an additional 12-month period so as to end on December 31 of the succeeding calendar year (an "Extended Termination Date") unless either Party gives written notice to the other Party at least one hundred twenty (120) days in advance of the date on which the Employment Period would otherwise end that the Employment Period will not be extended. View More
Found in TRANSENTERIX INC. contract
Term of Employment. (a)The (a) The Company hereby employs the Executive, and the Executive agrees to remain in the employment of be employed by the Company, in accordance with the terms and provisions of this Agreement, for the period set forth below (the "Employment Period"). (b)The (b) The Employment Period under this Agreement shall commence on August 31, 2018 16, 2015 (the "Effective Date") and, subject only to the provisions of Sections 6, 7 and 8 below relating to termination of employment, shall continue unt...il the close of business on August December 31, 2020 2016 or, if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of business on the Extended Termination Date. (c)On August (c) On December 31, 2020, 2016, and on each Extended Termination Date, the Employment Period will automatically be extended for an additional 12-month period so as to end on December 31 of the succeeding calendar year (an "Extended Termination Date") unless either Party gives written notice to the other Party at least one hundred twenty (120) days in advance of the date on which the Employment Period would otherwise end that the Employment Period will not be extended. View More
Found in TRANSENTERIX INC. contract