Term Clause Example with 12 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. This Agreement is effective upon your acceptance and signature below. Your term as director shall continue subject to the provisions in Section 9 below or until your successor is duly elected and qualified. The position shall be up for re-election each year at the annual shareholder's meeting and upon re-election, the terms and provisions of this Agreement shall remain in full force and effect.

Variations of a "Term" Clause from Business Contracts

Term. This Agreement is effective upon your acceptance and signature below. as of the closing of the Company's initial public offering. Your term as director shall continue subject to the provisions in Section 9 below or until your successor is duly elected and qualified. The position shall be up for re-election each year at the annual shareholder's meeting and upon re-election, the terms and provisions of this Agreement shall remain in full force and effect.
Term. This Agreement is effective upon your acceptance and signature below. Your term as director shall continue subject Subject to the provisions in Section 9 below or 8 below, your term shall continue until your successor is duly elected and qualified. The position shall be up for re-election re- election each year at the annual shareholder's meeting meeting, and upon re-election, re- election, the terms and provisions of this Agreement shall remain in full force and effect.