Term Clause Example with 4 Variations from Business Contracts

Term. Subject to termination of Employee’s employment pursuant to Section 7 below, the initial term of Employee’s employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and ending December 31, 2020 and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) one (1) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it shall give the other par...ty written notice of its intent to cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. The term of Employee’s employment under this Agreement shall be defined as the “Term.” 3. Position and Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company’s Executive Vice President and Chief Administrative and Legal Officer of Camping World and undertake such additional duties as provided in Section 3.02 below. 1 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice the President and Chief Administrative and Legal Officer, of Camping World, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee Company. 1 Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company’s Chairman, Vice Chairman or Board of Directors may, from time to time, direct that Employee assist and provide services to one or more other entities (the “Affiliates”) directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of the Company on the date hereof, or their successors, heirs, beneficiaries or assigns (“Adams”). Employee’s duties shall be performed in Lincolnshire, Illinois. Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company’s Board of Governors, Directors, significantly interfere with the performance of Employee’s duties hereunder. View More

Term. Subject to termination of Employee’s employment pursuant to Section 7 below, the initial term of Employee’s employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and ending December 31, 2020 and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) one (1) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it shall give the other par...ty written notice of its intent to cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. The term of Employee’s employment under this Agreement shall be defined as the “Term.” 3. Position and Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company’s Executive Vice President and Chief Administrative Operating and Legal Officer and undertake such additional duties as provided in Section 3.02 below. 1 3.02 Duties. During the term of this Agreement, Term, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative Operating and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of 1 the Company.Employee Company. Employee hereby confirms that during the term of this Agreement, Term, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company’s Chairman, Vice Chairman or Board of Directors may, from time to time, direct that Employee assist and provide services to one or more other entities (the “Affiliates”) directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of the Company on the date hereof, or their successors, heirs, beneficiaries or assigns (“Adams”). Employee’s duties shall be performed in Lincolnshire, Illinois. Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company’s Board of Governors, Directors, significantly interfere with the performance of Employee’s duties hereunder. View More

Term. Subject to termination of Employee’s employment pursuant to Section 7 below, this Agreement shall be effective as of the initial term of Effective Date and Employee’s employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it sh...all give the other party written notice of its intent to cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. Effective Date. The term of Employee’s employment under this Agreement shall be defined as the “Term.” 3. Position and Position, Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company’s Executive Vice President of Operations and Chief Administrative and Legal Financial Officer and undertake such other or additional duties as provided in Section 3.02 below. 1 may be directed by the Board of Governors or Chief Executive Officer. 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee Company, its direct and indirect subsidiaries and certain Affiliates (as defined below) of the Company. Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company’s Chairman, Vice Chairman or Board of Directors Governors or Chief Executive Officer may, from time to time, direct that Employee assist and provide services to one or more other entities (the “Affiliates”) directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of by, or under common ownership or control with, the Company on the date hereof, or their successors, heirs, beneficiaries or assigns (“Adams”). Employee’s duties shall be performed in Lincolnshire, Illinois. (“Affiliates”). Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. 1 Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company’s Board of Governors, significantly interfere with the performance of or create a potential conflict with Employee’s duties hereunder. View More

Term. Subject to termination of Employee’s employment pursuant to Section 7 below, the initial term of Employee’s employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it shall give the other party written notice of its intent to ca...ncel at least 90 days prior to the expiration of the initial term or any renewal period thereof. The term of Employee’s employment under this Agreement shall be defined as the “Term.” 3. Position and Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company’s Executive Vice President and Chief Administrative and Legal Financial Officer or such other position as may be determined by the Company and undertake such additional duties as provided in Section 3.02 below. 1 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, Financial Officer or such other position as may be determined by the Company, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee Company. Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company’s Chairman, Vice Chairman or Board of Directors may, from time to time, direct that Employee assist and provide other services to the Company or one or more other entities (the “Affiliates”) directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of the Company on the date hereof, or their successors, heirs, beneficiaries or assigns (“Adams”). Employee’s duties shall be performed in Lincolnshire, Illinois. Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company’s Board of Governors, significantly interfere with the performance of Employee’s duties hereunder. View More