Term of Employment Contract Clauses (2,086)

Term of Employment. The period of employment of Employee by the Company under the Agreement (the Employment Period) shall be deemed to have commenced on the Effective Date and shall terminate three years thereafter.

Term of Employment. Subject to the provisions of Section 7 of this Agreement, Executive shall be employed by the Company for a period commencing on January 1, 2014 and ending on December 31, 2017 (the "Initial Term"), on the terms and subject to the conditions set forth in this Agreement. Following the Initial Term, the term of Executive's employment hereunder shall automatically be renewed on the terms and conditions hereunder for additional one-year periods commencing on each anniversary of the last day of the In...itial Term (the Initial Term and any annual extensions of the term of this Agreement, subject to the provisions of Section 7 hereof, together, the "Employment Term"), unless either party gives written notice of non-renewal at least ninety (90) days prior to such anniversary. View More

Term of Employment. Section 1 of the Agreement is hereby amended and restated in its entirety as follows: "1. Term of Employment. Employee shall be employed by the Company pursuant to this Agreement for a term beginning on the original date of this Agreement and continuing through, and terminating at the close of business on, December 29, 2023 (the "Term"), unless earlier terminated pursuant to Section 4." 3. Incorporation; Full Force and Effect. This First Amendment shall be and hereby is incorporated into and for...ms a part of the Agreement. Subject to the foregoing, the Agreement remains in full force and effect, and the Company and Employee hereby ratify and affirm the Agreement in each and every respect. View More

Term of Employment. Company hereby employs the Executive as Chief Executive Officer, and the Executive accepts such employment with Company subject to the terms and conditions of this Agreement. (b) Duties. Executive shall have such duties and responsibilities as may be assigned by the Board of Directors not inconsistent with the position. (c) Dedication. Executive shall devote his full business time and best efforts to the business and affairs of the Company. (d) Performance. Executive shall faithfully and diligen...tly perform Executive's duties in conformity with the directions of the Company and serve the Company to the best of Executive's abilities. (e) Permitted Activities. Executive may: (i) serve on industry, trade, civic or charitable boards or committees; (ii) engage in charitable activities and community affairs; and (iii) manage personal investments, as long as such activities do not materially interfere with the performance of Executive's duties and responsibilities. View More

Term of Employment. Subject to the termination provisions hereinafter set forth, the Company will employ Executive, and Executive accepts employment with the Company, for a period of three years from the date of this Agreement (the "Initial Term"). The Initial Term shall be automatically renewed for successive one-year periods ("Successive Terms") unless either party gives ninety (90) calendar days written notice of nonrenewal prior to the expiration of the then-current term (the Initial Term and any Successive Ter...m are jointly referred to herein as the "Term"). Notwithstanding the above, or anything else provided herein, Executive shall be an at-will Executive, serving at the pleasure and direction of the Board of Directors (as defined below). Accordingly, either party may terminate the employment relationship at any time for any reason, subject, however, to the notice and any payment requirements set forth herein. View More

Term of Employment. During the Term, Executive agrees to be a non-executive employee of the Company, serving solely in a consulting and advisory role to the Company's Chief Executive Officer and General Counsel. Executive agrees to assist, as reasonably requested by the Company's Chief Executive Officer and General Counsel, with the transition of his role following the Transition Date, including, but not limited to, working on special projects and community relations efforts (collectively, the "Transition Services"...). Executive will provide the Transition Services on an as-needed basis and it is expected that over the course of the Term, Executive will devote an average of approximately forty (40) hours per month to providing the Transition Services. Executive agrees to discharge the Transition Services as may be reasonably directed by the Company's Chief Executive Officer and General Counsel, and to use his best efforts to perform faithfully and efficiently such Transition Services. Nothing herein shall prohibit Executive from devoting his time to civic and community activities, serving as a member of the boards of directors of other corporations that do not compete with the Company, or managing personal investments, as long as the foregoing do not interfere with the performance of Executive's duties hereunder or violate the terms of the Company's Code of Business Conduct and Ethics, the Company's Corporate Governance Guidelines, or other policies applicable to the Company's executives generally, as those policies may be amended from time to time by the Company. View More

Term of Employment. The initial term of employment (the "Initial Term") of Employee's employment by Employer under this Agreement shall commence on November 5, 2012 (the "Commencement Date") and shall end one (1) year thereafter, unless earlier terminated as hereinafter provided. Unless either party elects to terminate this Agreement at the end of the Initial Term or any renewal term by giving the other party notice of such election at least ninety (90) days before the expiration of the Initial Term, this Agreement... shall be deemed to have been renewed for an additional term of one (1) year commencing on the day after the expiration of the then current term and so on from year to year. Notwithstanding the foregoing, either party shall have the right to terminate this Agreement at any time for any reason or no reason upon thirty (30) days' prior written notice. In the event that Employer or Employee gives notice to terminate pursuant to the foregoing sentence, Employer may elect to have Employee cease working immediately so long as Employer continues to pay Employee his base salary in accordance with the provisions of Section (3)(a) hereof for the entire thirty (30) day notice period. In the event Employer elects to have Employee immediately cease working during the thirty (30) day notice period as provided in the foregoing sentence and Employee finds alternative employment that is not in violation of any provision herein, Employee may accept and engage in the alternative employment. In the event that Employee is terminated by Employer without Cause or Employer fails to renew this Agreement, or in the event that Employee resigns with Good Reason (as defined below), 2 then in any such event Employee shall be given (i) a severance payment in the amount that is equal to twelve (12) months of his then-current base salary, (ii) a payment equal to his accrued bonuses under this Agreement and (iii) a payment equal to twelve (12) months of applicable health insurance premiums (inclusive of dental and vision insurance) due under COBRA, provided that Employee first signs a Severance and Release Agreement in a form prescribed by Employer. The aforesaid severance payments shall be paid over twelve (12) months as any regular paycheck. Good Reason shall mean the occurrence of any of the events or conditions described in the following subsections: (a) a material dimunition in the Employee's title or responsibilities; (b) a material reduction in the Employee's then effective base salary; (c) any material breach by the Employer or any of its successors and assigns of this Agreement that is not cured within thirty (30) days after being given written notice of the facts comprising the alleged good reason; (d) the failure of the Employer's successors and/or assigns to assume the obligations of the Employer under this Agreement, either by written agreement or by operation of law; or (e) the relocation of Employee's principal place of employment to a location that is more than fifty (50) miles "as the crow flies" from its current location. View More

Term of Employment. Executive's term of employment under this Agreement will commence on the date hereof and continue until July 17, 2018, and on a year-to-year basis thereafter ending each July 17 thereafter (the "Term"), unless: (i) the Company provides the Executive with a notice of non-renewal not less than 60 days before the last day of the then-current Term (as then effective); or (ii) the Agreement is otherwise terminated as described in Section 5 hereof.

Term of Employment. Subject to the terms and conditions of this Agreement, the initial term of employment hereunder shall be for the two (2)-year period commencing on the Effective Date and ending on the day preceding the two (2)-year anniversary of the Effective Date. As of each one (1)-year anniversary of the Effective Date, the term of employment hereunder shall be extended for another one (1) year, automatically, unless either party delivers notice to the contrary to the other party at least sixty (60) days pri...or to such one (1)-year anniversary, in which case the term of employment hereunder shall expire as of the date to which it was last extended pursuant to this sentence. Such notice shall be delivered in a manner consistent with the requirements of Section 12. References in this Agreement to the "Term" shall refer both to such initial term and any successive terms. View More

Term of Employment. a. Specified Period. Company hereby employs Employee and Employee accepts employment with Company for a period of one year beginning on November 1, 2017 and terminating on October 31, 2018. b. Renewal. This Agreement is subject to automatic renewal for three successive one year terms, upon the same terms and conditions as set forth herein, unless either this Agreement is terminated pursuant to Section 8 hereof or a Party gives written notice to the other Party of its intent to terminate, at leas...t 30 days prior to expiration of the then-current term. c. Employment Term Defined. "Employment term" refers to the entire period of employment of Employee by Company, whether for the period provided above, or whether terminated earlier as hereinafter provided or extended by mutual agreement between Company and Employee. View More