Term of Employment Clause Example from Business Contracts

Term of Employment. Subject to the provisions of Section 5 of this Agreement, the Executive shall be employed by the Company for a period commencing on the date hereof (the "Effective Date") and ending on the third (3rd) anniversary of the Effective Date (the "Term"). The Term shall be renewed automatically for additional one (1) year period(s) unless terminated by either the Company or the Executive in writing by notice to Executive or the Company delivered no fewer than ninety (90) days prior to expiration of the... then-applicable Term. View More