Term Clause Example with 8 Variations from Business Contracts

This page contains Term 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. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date and ending on the third anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, unless either party hereto elects not to extend this Agreement by giving written not...ice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. The period of time between the Effective Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. View More

Variations of a "Term" Clause from Business Contracts

Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing on or before June 14, 2021 (the date Executive actually commences employment, as of mutually agreed to by the Effective Date and ending on parties, the third anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an add...itional one-year period, unless either party hereto elects not to extend this Agreement by giving written notice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. "Start Date"). The period of time between the Effective Start Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, unless otherwise agreed to by the parties in writing. View More
Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date and ending on the third anniversary of the Effective Date June 7, 2021 (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, unless either party hereto elects not to extend this Agreement by givin...g written notice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. "Start Date"). The period of time between the Effective Start Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, unless otherwise agreed to by the parties in writing. View More
Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date and ending on the third anniversary of the Effective Date October 4, 2021 (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, unless either party hereto elects not to extend this Agreement by gi...ving written notice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. "Start Date"). The period of time between the Effective Start Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, unless otherwise agreed to by the parties in writing. View More
Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date and ending on the third anniversary of the Effective Date June 2, 2021 (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, unless either party hereto elects not to extend this Agreement by givin...g written notice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. "Start Date"). The period of time between the Effective Start Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, unless otherwise agreed to by the parties in writing. View More
Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, for a term of two (2) years (the "Initial Term") commencing as of the Effective Date and ending on the third Date. On each anniversary of the Effective Date (the "Initial Term"). On the last day of following the Initial Term and each anniversary thereof, Term, the term of this Agreement shall be automatically extended for an additional successive one-year pe...riod, unless periods, provided, however, that either party hereto elects may elect not to extend this Agreement by giving written notice to the other party at least 60 one hundred eighty (180) days prior to any such renewal anniversary date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. 6 and Section 8. The period of time between the Effective Date and the termination of the Executive's employment hereunder is shall be referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. "Employment Period." View More
Term. The Company agrees to continue to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, for a term of five (5) years (the "Initial Term") commencing as of the Effective Date and ending on the third Date. On each anniversary of the Effective Date (the "Initial Term"). On the last day of following the Initial Term and each anniversary thereof, Term, the term of this Agreement shall be automatically extended on the same terms for an ad...ditional successive one-year period, unless periods, provided, however, that either party hereto elects may elect not to extend this Agreement by giving written notice to the other party at least 60 ninety (90) days prior to any such renewal anniversary date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. 5 hereof, subject to Section 6 hereof. The period of time between the Effective Date and the expiration or termination of the Executive's employment hereunder is shall be referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. "Employment Term." View More
Term. The Company agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date and ending on the third anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, unless either party hereto elects not to extend this Agreement by giving written not...ice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, when the Executive's employment hereunder may be earlier terminated terminates in accordance with Section 4. The period of time between the Effective Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, unless otherwise agreed to by the Parties in writing. View More
Term. The Company (directly or through one of its subsidiaries) agrees to employ the Executive pursuant to the terms of this Agreement, and the Executive agrees to continue to be so employed, commencing as of the Effective Date May 17, 2021 (the "Effective Date") and ending on the third anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each anniversary thereof, the term of this Agreement shall be automatically extended for an additional one-year period, un...less either party hereto elects not to extend this Agreement by giving written notice to the other party at least 60 days prior to any such renewal date. Notwithstanding the foregoing, the Executive's employment hereunder may be earlier terminated in accordance with Section 4. The period of time between the Effective Date and the termination of the Executive's employment hereunder is referred to herein as the "Term." Upon any termination of the Executive's employment with the Company, the Executive shall be deemed to have resigned from all positions with the Company and all of its subsidiaries. subsidiaries, including as a member of the Board of Directors of the Company (the "Board"). View More