Term Contract Clauses (29,524)

Term. Flagstar agrees to continue to employ Executive and Executive agrees to continue his employment on the terms and conditions set forth herein. Executive's employment hereunder shall be effective as of October 22, 2018 (the "Effective Date") and shall continue until December 31, 2021, unless terminated earlier pursuant to Section 5 of this Agreement; provided that, on December 31, 2021 and on each anniversary thereafter (December 31, 2021 and each anniversary thereof, a "Renewal Date"), the term... of this Agreement shall be automatically extended for an additional twelve (12) month period, unless Flagstar or Executive provides written notice ("Non-Renewal Notice") to the other Party of its intention not to extend the term of the Agreement at least one hundred eighty (180) days prior to the next Renewal Date. The period during which Executive is employed under this Agreement (including any extensions) is referred to as the "Employment Term." View More

Term. The effective date of this agreement (the "Agreement") shall be April 1, 2019 (the "Effective Date"). Subject to the provisions for termination as provided in Section 10 hereof, the term of Executive's employment under this Agreement shall be the period beginning on the Effective Date and ending on the first anniversary of the Effective Date (the "Term"). The Term shall not be automatically renewed and shall end upon any earlier termination of Executive's employment with the Company.

Term. Executive's employment shall be governed by the terms and conditions of this Agreement for a period beginning on the Effective Date and ending on the third anniversary of the Effective Date (the "Term"). Beginning on the third anniversary of the Effective Date, and on each subsequent anniversary thereafter, the Term shall, without further action by Executive or the Company, be extended by an additional one (1)-year period; provided, however, that either the Company or Executive may, by notice... to the other given at least six (6) months prior to the scheduled expiration of the Term or any then current renewal term, cause the Term or such then current renewal period to cease to extend automatically. Upon such notice, the Term shall terminate upon the expiration of the then-current term, including any prior extensions. Notwithstanding the foregoing, following the occurrence of a Change of Control, the Company may not cause the Term to expire earlier than the second (2nd) anniversary of the Change of Control. 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 commencing as of the date of this Agreement and ending on December 31, 2021 (the "Term").

Term. The term of this Agreement (the "Term") shall be a period of three (3) years, during which entire time Employee shall be considered an at-will employee of Employer and, subject to the provisions of Section 6, the employment relationship described herein may be terminated by either Employee or Employer at any time. Upon the expiration of the Term, the Employee may continue to be employed by the Employer at the will of the parties.

Term. The term of this Agreement shall commence on the Effective Date and shall continue through May 1, 2023 ("Initial Term") unless earlier terminated in accordance with the provisions hereof, and shall be automatically renewed for successive one (1) year period ("Renewal Term") thereafter unless either party provides the other party with written notice of his or its intention not to renew this Agreement at least four (4) months prior to the expiration of the Initial Term or any Renewal Term of this... Agreement. "Employment Period" shall mean the Initial Term plus Renewal Term, if any. View More

Term. Unless otherwise terminated in accordance with Sections 8, 9, 10 or 11, the Employment Term shall be for a term ending April 30, 2020. This Agreement shall be automatically renewed for successive additional Employment Terms of one (1) year each unless notice of termination is given in writing by either party to the other party at least thirty (30) days prior to the expiration of the initial Employment Term or any renewal Employment Term.

Term. The Company hereby employs Executive as Chief Financial Officer of the Company effective as of the Effective Date, and Executive agrees to accept such employment and to serve the Company as such upon the terms and conditions hereof commencing on the Effective Date and continuing until terminated by either the Company or Executive subject to and in accordance with Section 7 of this Agreement (the "Term").

Term. Subject to the provisions of Section 8 of this Agreement, the initial term of employment pursuant to this Agreement shall be for a period of three years, commencing on the date set forth above and expiring (unless sooner terminated as otherwise provided in this Agreement or unless otherwise renewed or extended as set forth herein) on the third anniversary of the date of this Agreement, which date, including any earlier date of termination or any extended expiration date, shall be referred to as... the "Expiration Date". Subject to the provisions of Section 8 of this Agreement, the term of this Agreement and the employment of the Executive by the Bank hereunder shall be deemed to continue thereafter until terminated in accordance with Section 8 of this Agreement. After termination of the employment of the Executive for any reason whatsoever, or the expiration of this Agreement, the Executive will continue to be subject to the provisions of Sections 10 through 27, inclusive, of this Agreement subject to the terms thereof. View More

Term. The initial term ("Initial Term") of employment hereunder will commence on the Effective Date and end on December 31, 2023 and may be extended for additional one (1) year periods (each a "Renewal Term") upon mutual consent of the parties by written notice given by the Corporation to the Executive at least 60 days before the expiration of the Initial Term or the Renewal Term, as the case may be, unless this Agreement shall have been terminated pursuant to Section 6 of this Agreement. When used... herein, ‘Term" shall mean the Initial Term and any Renewal Term(s). View More