Term Contract Clauses (8,450)

Grouped Into 443 Collections of Similar Clauses From Business Contracts

This page contains Term clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Term. The initial term of this Agreement shall commence on the Effective Date and shall remain in effect for three (3) years. Thereafter, this Agreement shall renew automatically for three (3) successive one (1) year periods unless either Party elects to terminate this Agreement upon written notice to the other Party at least sixty (60) days prior to the end of the then-current term. The initial term of this Agreement and any extensions thereof shall be referred to collectively as the "Term." 10. Term...ination. This Agreement may be terminated: (a) by US Mine Corp in the event that Purebase fails to make any payments due under this Agreement when due, and fails to cure such non-payment within ninety (90) days after receiving written notice from US Mine Corp. 2 (b) by either Party in the event that the other Party materially breaches or fails to comply with any other material provision of this Agreement, and fails to cure such breach within ninety (90) days after written notice is received from the non-breaching Party (or if such breach cannot be cured within ninety (90) days, fails commence to cure within such time or fails to diligently pursue the cure after such ninety (90) day period); or (c) by either Party in the event that the other Party ceases doing business or is otherwise unable to fulfill its obligations pursuant to this Agreement, or is adjudicated a bankrupt, or makes a general assignment for the benefit creditors, or has a receiver or liquidator appointed, such termination to be effective immediately upon written notice from the terminating Party. View More
Term. The initial term of this Agreement shall commence on the Effective Date and shall remain in effect for three (3) two (2) years. Thereafter, this Agreement shall renew automatically for three (3) successive one (1) year periods unless either Party elects to terminate this Agreement upon written notice to the other Party at least sixty (60) days prior to the end of the then-current term. The initial term of this Agreement and any extensions thereof shall be referred to collectively as the "Term." ...10. Termination. This Agreement may be terminated: (a) by US Mine Corp in the event that Purebase fails to make any payments due under this Agreement when due, and fails to cure such non-payment within ninety (90) sixty (60) days after receiving written notice from US Mine Corp. 2 Corp; 3 (b) by either Party in the event that the other Party materially breaches or fails to comply with any other material provision of this Agreement, and fails to cure such breach within ninety (90) thirty (30) days after written notice is received from the non-breaching Party (or if such breach cannot be cured within ninety (90) thirty (30) days, fails commence to cure within such time or fails to diligently pursue the cure after such ninety (90) thirty (30) day period); or (c) by either Party in the event that the other Party ceases doing business or is otherwise unable to fulfill its obligations pursuant to this Agreement, or is adjudicated a bankrupt, or makes a general assignment for the benefit creditors, or has a receiver or liquidator appointed, such termination to be effective immediately upon written notice from the terminating Party. View More
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Term. In accordance with the provisions of Section 13.01 of the Advisory Agreement, the term of the Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Advisory Agreement is acknowledged and agreed by the parties to be a one-year term commencing April 28, 2020 and ending April 27, 2021.
Term. In accordance with the provisions of Section 13.01 of the Advisory Agreement, the term of the Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Advisory Agreement Agreement, is acknowledged and agreed by the parties Parties to be a one-year term commencing April 28, 2020 December 20, 2019 and ending April 27, 2021. December 19, 2020.
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Term. The term of Executive's engagement under this Agreement shall commence as of the date above (the "Effective Date") and shall continue for a period of three (3) years, unless earlier terminated in accordance with Section 8 hereof. The term of Executive's engagement shall be automatically renewed for successive one (1) year periods until the Executive or the Company delivers to the other party a written notice of their intent not to renew the "Engagement Term," such written notice to be delivered ...at least sixty (60) days prior to the expiration of the then-effective "Engagement Term" as that term is defined below. The period commencing as of the Effective Date and ending three (3) years from the Effective Date or such later date to which the term of Executive's engagement under the Agreement shall have been extended is referred to herein as the "Engagement Term" and the end of the Engagement Term is referred to herein as the "Expiration Date." 4. Base Compensation. Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $350,000 per year (prorated for any partial year), payable in equal semi-monthly installments, which Base Compensation shall be increased to $550,000 per year upon completion of an initial public offering of the Company's securities. In addition, each year during the term of this Agreement, Executive shall be reviewed for purposes of determining the appropriateness of increasing her Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Term. The term of Executive's engagement under this Agreement shall commence as of the date above (the "Effective Date") and shall continue for a period of three (3) years, unless earlier terminated in accordance with Section 8 hereof. The term of Executive's engagement shall be automatically renewed for successive one (1) year periods until the Executive or the Company delivers to the other party a written notice of their intent not to renew the "Engagement Term," such written notice to be delivered ...at least sixty (60) days prior to the expiration of the then-effective "Engagement Term" as that term is defined below. The Engagement Term: the period commencing as of the Effective Date and ending three (3) years from the Effective Date or such later date to which the term of Executive's engagement under the Agreement shall have been extended is referred to herein as the "Engagement Term" and the end of the Engagement Term is referred to herein as the "Expiration Date." 4. Base Compensation. Initially, the The Company shall pay to Executive a base compensation (the "Base Compensation") of $350,000 $220,000 per year (prorated for any partial year), payable in equal semi-monthly installments, which bimonthly installments. Unless agreed by the Executive in writing, in no event shall the Base Compensation shall be increased to $550,000 per year upon completion of an initial public offering of Salary decrease during the Company's securities. Engagement Term. In addition, each year during the term of this Agreement, Executive shall be reviewed for purposes of determining the appropriateness of increasing her his Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
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Term. Scope of Work 4 3. Conditions of Work/Sponsor Responsibilities 4 4. Compensation 5 5. Representations of CRO 6 6. Confidentiality 7 7. Conflicts of Interest 8 8. Independent Contractor 9 9. Tax Reporting and Payment 9 10. Ownership, Disclosure and Transfer of Developments and Study Data 10 11. Relationship with Investigators 11 12. Indemnification 12 13. Limitation of Liability 13 14. Insurance 14 15. Termination 14 16. Personnel Recruitment 15 17. Equal Opportunity / Affirmative Action 15 18. M...iscellaneous Provision 15 Exhibit 1 Protocol Exhibit 2 Study Specifications: Assumptions, Timeline and Task Ownership Matrix Exhibit 3 Study Budget Exhibit 4 Payment Schedule Exhibit 5 Transfer of Regulatory Obligations Project: Oramed Ltd. ORA-D-013-2 Page 3 Integrium, LLC. Confidential Oramed Ltd. ("Sponsor"), an Israeli company, with principal offices at Hi-Tech Park 2/4 Givat-Ram, P.O. Box 39098, Jerusalem, 91390, Israel and Integrium, LLC, ("Integrium"), a California limited liability company, located at 14351 Myford Road, Suite A, Tustin, California, 92780, hereby agree as follows: 1.Term 1.1The term of this Agreement shall be for the period beginning January 15, 2020 and ending upon the satisfactory performance of all the Services (as defined herein) unless terminated sooner as provided herein. The initial term of this Agreement was for the period beginning as of January 15, 2020 and ending on April 28, 2020 (the "Initial Term") during which Start-up activities for the Project were initiated. This Agreement now represents the US portion of the study in its entirety. Any previous payments for the ORA-D-014 Start-up are incorporated and reconciled herein and represented in the payment schedule. View More
Term. Scope of Work 4 1 3. Conditions of Work/Sponsor Responsibilities 4 1 4. Compensation 5 2 5. Representations of CRO 6 3 6. Confidentiality 7 4 7. Conflicts of Interest 8 5 8. Independent Contractor 9 6 9. Tax Reporting and Payment 9 6 10. Ownership, Disclosure and Transfer of Developments and Study Data 10 7 11. Relationship with Investigators 11 8 12. Indemnification 12 9 13. Limitation of Liability 13 10 14. Insurance 14 11 15. Termination 14 11 16. Personnel Recruitment 15 12 17. Equal Opportu...nity / Affirmative Action 15 18. Miscellaneous Provision 15 12 Exhibit 1 Protocol Exhibit 2 Study Specifications: Assumptions, Timeline and Task Ownership Matrix Exhibit 3 Study Budget Exhibit 4 Payment Schedule Exhibit 5 Transfer of Regulatory Obligations Project: Oramed Ltd. ORA-D-013-2 Page 3 i Integrium, LLC. Confidential Oramed Ltd. ("Sponsor"), an Israeli company, with principal offices at Hi-Tech Park 2/4 Givat-Ram, P.O. Box 39098, Jerusalem, 91390, Israel and Integrium, LLC, ("Integrium"), a California limited liability company, located at 14351 Myford Road, Suite A, Tustin, California, 92780, hereby agree as follows: 1.Term 1.1The term of this Agreement shall be for the period beginning January 15, 2020 and ending upon the satisfactory performance of all the Services (as defined herein) unless terminated sooner as provided herein. The initial term of this Agreement was for the period beginning as of January 15, 2020 and ending on April 28, 24, 2020 (the "Initial Term") during which Start-up activities for the Project were initiated. This Agreement now represents the US portion of the study in its entirety. Any previous payments for the ORA-D-014 ORA-D-013 Start-up are incorporated and reconciled herein and represented in the payment schedule. View More
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Term. This Agreement shall have a term commencing as of September 8, 2020 (the "Effective Date") and continuing until the third (3rd) anniversary thereof (the "Initial Term"). The Initial Term shall be automatically extended for successive two (2) year periods (each a "Renewal Term" and, together with the Initial Term and each such Renewal Term, the "Term"), unless either party has delivered written notice to the other party no later than six (6) months prior to the completion of the then effective Te...rm that this Agreement will not be extended; provided, however, that if such written notice is delivered by the Company to Executive following the Company's entry into a definitive agreement with respect to a transaction that, if consummated, would result in a Change in Control, then the then effective Term shall not expire sooner than twelve (12) months following the date of such definitive agreement. For the avoidance of doubt, neither the lapse of this Agreement by its terms nor non-renewal of this Agreement will by itself constitute termination of employment nor grounds for resignation for Good Reason. Notwithstanding anything herein to the contrary, if, during the then effective Term, Executive's employment with the Company has terminated as a result of a Qualifying Termination or Executive has given written notice to the Company of an initial event that would constitute Good Reason, this Agreement shall not terminate until all payments and benefits, if any, have been provided to Executive in accordance with this Agreement. View More
Term. This Agreement shall have a term commencing as of September 8, 2020 (the "Effective Date") and continuing until the third (3rd) anniversary thereof (the "Initial Term"). The Initial Term shall be automatically extended for successive two (2) year periods (each a "Renewal Term" and, together with the Initial Term and each such Renewal Term, the "Term"), unless either party has delivered written notice to the other party no later than six (6) months prior to the completion of the then effective Te...rm that this Agreement will not be extended; provided, however, that if such written notice is delivered by the Company to Executive following the Company's entry into a definitive agreement with respect to a transaction that, if consummated, would result in a Change in Control, then the then effective Term shall not expire sooner than twelve (12) months following the date of such definitive agreement. extended. For the avoidance of doubt, neither the lapse of this Agreement by its terms nor non-renewal of this Agreement will by itself constitute termination of employment nor grounds for resignation for Good Reason. employment. Notwithstanding anything herein to the contrary, if, during the then effective Term, Executive's employment with the Company has terminated as a result of a Qualifying Termination or Executive has given written notice to the Company of an initial event that would constitute Good Reason, Termination, this Agreement shall not terminate until all payments and benefits, if any, have been provided to Executive in accordance with this Agreement. View More
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Term. Capitalized terms in this Amendment shall have the same meaning as those in the Agreement, unless specifically defined in this Amendment. All section and paragraph references refer to sections or paragraphs as applicable, in the Agreement. References to the term "Agreement" in the Agreement shall be deemed to include the Amendment.
Term. Capitalized terms in this Fourth Amendment shall have the same meaning as those in the Agreement, unless specifically defined in this Fourth Amendment. All section and paragraph references refer to sections or paragraphs as applicable, in the Agreement. References to the term "Agreement" in the Agreement shall be deemed to include the Fourth Amendment.
Term. Capitalized terms in this Amendment shall have the same meaning as those in the Agreement, unless specifically defined in this Amendment. All section and paragraph references refer to sections or paragraphs as applicable, in the Agreement. References to the term "Agreement" in the Agreement shall be deemed to include the Amendment. References to "Section" and "Paragraph" herein are interchangeable.
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Term. This Agreement is effective as of the date hereof (the "Effective Date"). You consent to serve as a Director of the Company for an initial term of two years if elected or appointed and, upon re-appointment or election to the Board of the Company, to serve as a member of the Board of the Company.
Term. This Agreement is effective as of the date hereof (the "Effective Date"). You consent to serve as a Director director of the Company beginning on January 20, 2022 (the "Effective Date"), for an initial term of two years if elected or appointed and, upon re-appointment or election to the Board of the Company, to serve as a member of the Board of the Company.
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Term. You may not exercise your option before the Date of Grant or after the expiration of the option's term. The term of your option expires, upon the earlier of the following: (a) the Expiration Date indicated in your Grant Notice; and (b) the day before the tenth (10th) anniversary of the Date of Grant.
Term. You may not exercise your option before the Date of Grant commencement or after the expiration of the option's its term. The term of your option expires, commences on the Date of Grant and expires upon the earlier earliest of the following: (a) the Expiration Date indicated in your Grant Notice; and or (b) the day before the tenth (10th) anniversary of the Date of Grant.
Term. You may not exercise your option before the Date of Grant commencement or after the expiration of the option's its term. The term of your option commences on the Date of Grant and expires, subject to the provisions of Section 5(h) of the Plan, upon the earlier earliest of the following: (a) (a)immediately upon the termination of your Continuous Service for Cause; 2 (b)the Expiration Date indicated in your Grant Notice; and (b) the or (c)the day before the tenth (10th) anniversary of the Date of ...Grant. View More
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Term. The term of this Agreement shall commence on January 1, 2019 and, unless earlier terminated as provided in Section 6 below, shall terminate on December 31, 2021 (the "Current Term"); provided, however, that Sections 4 and 8 (and any enforcement or other procedural provisions hereof affecting Sections 4 and 8) hereof shall survive the termination of this Agreement as provided therein. The Current Term shall automatically be extended for successive one-year periods (each, a "Renewal Term"), unless... either party gives the other party written notice of non-renewal at least 120 days prior to the expiration of the Current Term or then current Renewal Term, as applicable. In addition, in the event that a Change in Control occurs within 18 months prior to the scheduled expiration of the Current Term, Executive may elect, by written notice to the Employer within 30 days after the Change in Control, to extend the expiration of the Current Term until the date that is 18 months after such Change in Control. The period of Executive's employment hereunder consisting of the Current Term and all Renewal Terms, if any, is herein referred to as the "Employment Period." 2. Employment and Duties. (a) Duties. During the Employment Period, Executive shall be employed in the business of the Employer and its affiliates. Executive shall serve the Employer as a senior corporate executive of the Employer and shall have the title of President of the Employer. Executive will report to the Chief Executive Officer of the Employer. Executive's duties and authority shall be those as would normally attach to Executive's position as President, including such duties and responsibilities as are customary among persons employed in similar capacities for similar companies, and as set forth in the By-laws of the Employer and as otherwise established from time to time by the Board of Directors of the Employer (the "Board") and the Chief Executive Officer of the Employer, but in all events such duties shall be commensurate with his position as President of the Employer. The Employer shall cause Executive to be nominated for reelection to the Board at the expiration of each then current term ending during the Employment Period and use commercially reasonable efforts to cause his reelection. (b) Best Efforts. Executive agrees to his employment as described in this Section 2 and agrees to devote substantially all of his business time and efforts to the performance of his duties under this Agreement, excepting vacation time, holidays, sick days and periods of disability, and except as otherwise approved by the Board or Compensation Committee of the Board (the "Compensation Committee"); provided, however, that nothing herein shall be interpreted to preclude Executive, so long as there is no material interference with his duties hereunder, from (i) participating as an officer or director of, or advisor to, any charitable, non-profit, educational or other tax-exempt organizations or otherwise engaging in charitable, fraternal or trade group activities; (ii) investing and managing his assets as an investor in other entities or business ventures; provided that such investment and management does not violate Section 8 hereof; or (iii) serving as a member of the board of directors of a for-profit corporation with the approval of the Chief Executive Officer of the Employer. (c) Travel. In performing his duties hereunder, Executive shall be available for all reasonable travel as the needs of the Employer's business may require. Executive shall be based in New York City or Westchester County. View More
Term. The term of this Agreement shall commence on January 1, 2019 and, unless earlier terminated as provided in Section 6 below, shall terminate on December 31, 2021 January 1, 2022 (the "Current Term"); provided, however, that Sections 4 and 8 (and any enforcement or other procedural provisions hereof affecting Sections 4 and 8) hereof shall survive the termination of this Agreement as provided therein. The Current Term shall automatically be extended for successive one-year periods (each, a "Renewa...l Term"), unless either party gives the other party written notice of non-renewal at least 120 days prior to the expiration of the Current Term or then current Renewal Term, as applicable. In addition, in the event that a Change in Control occurs within 18 months prior to the scheduled expiration of the Current Term, Executive may elect, by written notice to the Employer within 30 days after the Change in Control, to extend the expiration of the Current Term until the date that is 18 months after such Change in Control. The period of Executive's employment hereunder consisting of the Current Term and all Renewal Terms, Term, as extended if any, applicable, is herein referred to as the "Employment Period." 2. Employment and Duties. (a) Duties. During the Employment Period, Executive shall be employed in the business of the Employer and its affiliates. Executive shall serve the Employer as a senior corporate executive of the Employer and shall have the title of President Chief Legal Officer and General Counsel of the Employer. Executive will report to the Chief Executive Officer of the Employer. Employer, or, at the direction of the Chief Executive Officer, to the President. Executive's duties and authority shall be those as would normally attach to Executive's position as President, Chief Legal Officer and General Counsel, including such duties and responsibilities as are customary among persons employed in similar capacities for similar companies, and as set forth in the By-laws of the Employer and as otherwise established from time to time by the Board of Directors of the Employer (the "Board") and the Chief Executive Officer of the Employer, but in all events such duties shall be commensurate with his position as President Chief Legal Officer and General Counsel of the Employer. The Employer shall cause Executive to be nominated for reelection to the Board at the expiration of each then current term ending during the Employment Period and use commercially reasonable efforts to cause his reelection. (b) Best Efforts. Executive agrees to his employment as described in this Section 2 and agrees to devote substantially all of his business time and efforts to the performance of his duties under this Agreement, excepting vacation time, holidays, sick days and periods of disability, and except as otherwise approved by the Board or Compensation Committee of the Board (the "Compensation Committee"); provided, however, that nothing herein shall be interpreted to preclude Executive, so long as there is no material interference with his duties hereunder, from (i) participating as an officer or director of, or advisor to, any charitable, non-profit, educational or other tax-exempt organizations or otherwise engaging in charitable, fraternal or trade group activities; (ii) investing and managing his assets as an investor in other entities or business ventures; provided that such investment and management does not violate Section 8 hereof; or (iii) serving as a member of the board of directors of a for-profit corporation with the approval of the Chief Executive Officer of the Employer. (c) Travel. In performing his duties hereunder, Executive shall be available for all reasonable travel as the needs of the Employer's business may require. Executive shall be based in New York City or Westchester County. View More
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Term. The term of the employment shall be for a One (1) year period commencing on the Effective Date (the "Term"), unless sooner terminated by the Company or Employee in accordance with the terms of this Agreement or pursuant to Section 6 below. 1 4. Extent of Services. Employee shall devote sufficient time, attention and energy to his duties hereunder and shall use his best efforts to promote the business of CURE and/or its subsidiaries during the Term of this Agreement. Employee may engage in other ...activities, including serving as a Director of Eventus Consulting, P.C. and serving on the Board of Directors of other corporations/organizations, and/or advising other corporations/organizations in each case to the extent that such activities do not materially detract from or limit the performance of Employee's duties under this Agreement, or inhibit in any material way the business of CURE and/or its subsidiaries. Employee shall perform all duties in a professional, ethical and businesslike manner. View More
Term. The term of the employment shall be for a One (1) year period commencing on the Effective Date (the "Term"), unless sooner terminated by the Company or Employee in accordance with the terms of this Agreement or pursuant to Section 6 below. 1 4. Extent of Services. Employee shall devote sufficient time, attention and energy to his duties hereunder and shall use his best efforts to promote the business of CURE ORGS and/or its subsidiaries during the Term of this Agreement. Employee may engage in o...ther activities, including serving as a Director of Eventus Consulting, P.C. and serving on the Board of Directors of other corporations/organizations, and/or advising other corporations/organizations in each case to the extent that such activities do not materially detract from or limit the performance of Employee's duties under this Agreement, or inhibit in any material way the business of CURE ORGS and/or its subsidiaries. Employee shall perform all duties in a professional, ethical and businesslike manner. View More
Term. The term of the employment shall be for a One (1) Three (3) year period commencing on the Effective Date February 1, 2013 and ending on January 31, 2016 (the "Term"), unless sooner terminated by the Company or the Employee in accordance with the terms of this Agreement or pursuant to Section 6 below. 1 4. Extent of Services. The Employee shall devote sufficient substantial time, attention and energy to his duties hereunder and shall use his best efforts to promote the business of CURE SDGR and/o...r its subsidiaries during the Term of this Agreement. The Employee may engage in other activities, such activities including serving as a Director of Eventus Consulting, P.C. and serving on the Board of Directors of other corporations/organizations, and/or advising other corporations/organizations in each case to the extent that such activities do not materially detract from or limit the performance of the Employee's duties under this Agreement, or inhibit in any material way the business of CURE SDGR and/or its subsidiaries. The Employee will engage in no activity, paid or otherwise, for a competitor of SDGR so long as this Agreement is in effect. Employee may invest his assets in such manner as will not require any services to be performed on his part in the operation or affairs of the companies in which such investments are made, but only if such investments are consistent with this Agreement. The Employee shall perform all duties in a professional, ethical and businesslike manner. View More
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