Term Clause Example with 4 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. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year thereafter, there shall be an option for two (2) additional 1 year terms subject to the written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually agreed upon extension, is hereafter referred t...
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Variations of a "Term" Clause from Business Contracts
Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year five (5) years thereafter, there which term shall only be an option for two (2) additional 1 year terms subject to the extended by written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually agr...
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year three (3) years thereafter, there which term shall only be an option for two (2) additional 1 year terms subject to the extended by written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually ag...
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year thereafter, there shall be an option for two (2) additional 1 one (1) year terms subject to the written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually agreed upon extension, is hereafter re...
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year twelve (12) months thereafter, there shall be an option for two (2) one (1) additional 1 year terms 12-month term subject to the written agreement of the parties; parties to be discussed no later than thirty (30) days before the end of the initial term; it being agreed, however, that neither party is obligated to agree to an extension...
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