Term Clause Example with 9 Variations from Business Contracts

Term. The initial term of employment under this Agreement Executive's appointment shall be effective as of May 4, 2021 (the "Effective Date") and shall extend for a three (3) year period commencing on the Effective Date 36 months from this date (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless... and until the Employer or Executive provides written notice to the other party in accordance with the Notice provisions provided for below, Section 11 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Period". Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, as that term is defined in Section 10 of this Agreement. Control. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year period commencing commence on the Effective Date (the "Initial and extend through March 1, 2026 ("the Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice ...to the other party in accordance with the Notice provisions provided for below, Section 10 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, and the extension and renewal provisions in this Section 2 shall apply with regard to the last day of the Employment Period as that term is defined in Section 10 of extended by this Agreement. sentence and on each subsequent anniversary thereof. View More

Term. The initial term of Executive's employment under this Agreement hereunder shall be effective as of September 3, 2019 (the "Effective Date") and shall extend for a three (3) year period commencing on the Effective Date 36 months from this date (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, un...less and until the Employer or Executive provides written notice to the other party in accordance with the Notice provisions provided for below, Section 11 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Period". Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, as that term is defined in Section 10 of this Agreement. Control. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year period commencing commence on the Effective Date and extend through July 1, 2026 (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice to the other pa...rty in accordance with the Notice provisions provided for below, Section 10 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Period". Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, and the extension and renewal provisions in this Section 2 shall apply with regard to the last day of the Employment Period as that term is defined in Section 10 of extended by this Agreement. sentence and on each subsequent anniversary thereof. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year period commencing commence on the Effective Date and extend until five (5) years from the Effective Date (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless and until the Employer or Executive provides writte...n notice to the other party in accordance with the Notice provisions provided for below, Section 10 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, and the extension and renewal provisions in this Section 2 shall apply with regard to the last day of the Employment Period as that term is defined in Section 10 of extended by this Agreement. sentence and on each subsequent anniversary thereof. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year three-year period commencing on the Effective Date (the later of (a) September 1, 2015 or (b) the date the Executive obtains lawful immigration and work status in the United States, which date shall occur no later than November 15, 2015 (such date, the "Effective Date", and such initial term of employment, the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-m...onth period (the "Extended Term") on the third anniversary of the Effective Date and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice to the other party in accordance with the Notice provisions provided for below, Section 14 hereof not less than sixty (60) 60 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 months, the Employment Period shall be automatically extended to the end of the 24-month 24 month period following such Change in Control, as that term is defined in Section 10 of this Agreement. Control. View More

Term. The initial term of employment under this Agreement shall be extend for a three (3) year period commencing on 36 months from the Effective Date date hereof (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice to the other party in ...accordance with the Notice provisions provided for below, Section 10 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, as that term is defined in Section 10 of this Agreement. Control. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year period commencing on the Effective Date (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary of the Effective Date and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice to the other party in accordance with the Notice provisions provided for below..., not less than sixty (60) days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment shall end as of the end of such Initial Term or Extended Term, unless terminated earlier in accordance with the terms below. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 months, the Employment Period shall be automatically extended to the end of the 24-month period following such Change in Control, as that term is defined in Section 10 of this Agreement. 1 3. Position and Duties. During the Employment Period, the Executive shall serve as Executive Vice President, Sales. In such capacity, the Executive shall report to the Chief Executive Officer and shall have the duties, responsibilities and authorities customarily associated with such position(s) in a company the size and nature of the Employer. The Executive shall devote the Executive's reasonable best efforts and full business time to the performance of the Executive's duties hereunder and the advancement of the business and affairs of the Employer. View More

Term. The initial term of employment under this Agreement shall be for a three (3) year period commencing commence on the Effective Date and extend for 36 months (the "Initial Term"). The term of employment shall be automatically extended for an additional consecutive 12-month period (the "Extended Term") on the third anniversary last day of the Effective Date Initial Term and each subsequent anniversary thereof, unless and until the Employer or Executive provides written notice to the other party in ...accordance with the Notice provisions provided for below, Section 11 hereof not less than sixty (60) 120 days before such anniversary date that such party is electing not to extend the term of employment under this Agreement ("Non-Renewal"), in which case the term of employment hereunder shall end as of the end of such Initial Term or Extended Term, as the case may be, unless sooner terminated earlier in accordance with the terms below. as hereinafter set forth. Such Initial Term and all such Extended Terms are collectively referred to herein as the "Employment Period." Period". Anything herein to the contrary notwithstanding, if on the date of a Change in Control the remaining term of the Employment Period is less than 24 12 months, the Employment Period shall be automatically extended to the end of the 24-month 12-month period following such Change in Control, as that term is defined in Section 10 of this Agreement. Control. View More