Term Contract Clauses (8,450)

Term. This Agreement shall begin on the Effective Date and shall continue until the second (2nd) anniversary of the Effective Date (the "Initial Term"); provided, however, that thereafter, the term of this Agreement shall automatically be extended for successive one (1) year periods (each, a "Renewal Term") (the Initial Term, plus any Renewal Terms, plus, in the event of Executive's Qualifying Termination of Employment (as defined below) for Good Reason, any additional time period necessitated by the ...Company's right to cure as set forth in the definition of Good Reason, are collectively referred to as the "Term"), unless at least ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, the Board shall give written notice to Executive that the Term of this Agreement shall cease to be so extended. However, if a Change of Control shall occur during the Term, the Term shall automatically continue in effect for a period of eighteen (18) months following the Change of Control plus, in the event of Executive's Qualifying Termination of Employment for Good Reason, any additional time period necessitated by the Company's right to cure as set forth in the definition of Good Reason, and thereafter shall automatically terminate. In addition, this Agreement shall automatically terminate upon Executive's termination of employment. Termination of this Agreement shall not alter or impair any rights of Executive arising under this Agreement on or prior to such termination. View More

Term. The Company hereby continues to employ Executive as Company's President and Chief Executive Officer, and Executive hereby accepts such continued employment with the Company, for a period of three (3) years, commencing as of the Effective Date set forth above and continuing through the third anniversary of the Effective Date (the "Term"), subject however to prior termination as hereinafter provided. Where used herein, "Term" shall refer to the period of the employment of Executive by the Company ...from the Effective Date through the end of the three (3) year period provided above, or such shorter period as Executive may be employed by the Company if Executive's employment is terminated earlier as hereinafter provided. B. DUTIES OF EXECUTIVE 1. Duties. Executive's duties under this Agreement shall include all ordinary and reasonable duties customarily performed by the President and Chief Executive Officer of a commercial banking institution in California, subject to the powers by law vested in the Boards of Directors of the Bank and CVB. As such, Executive shall oversee all operational aspects of the business and activities of the Company. Executive shall render his services to the Company and shall exercise such corporate responsibilities as Executive may be directed by the Boards of Directors. Executive shall report solely to the Boards of Directors of the Bank and CVB, and shall perform his duties faithfully, diligently and to the best of his ability, consistent with the highest and best standards of the banking industry and in compliance with applicable laws. View More

Term. The term of this Agreement is effective as of the Effective Date and will continue through the first anniversary of the Effective Date, unless terminated or extended as hereinafter provided. This Agreement shall be extended for successive one-year periods following the original term (through each subsequent anniversary thereafter) unless any party notifies the other in writing at least 30 days prior to the end of the original term, or the end of any additional one-year renewal term, that the Agr...eement shall not be extended beyond its then current term. The term of this Agreement, including any renewal term, is referred to herein as the "Term." View More

Term. Subject to the terms of this Agreement, this Agreement will remain in effect for a period commencing on your Start Date and ending on the first anniversary thereof (the "Initial Term"). Following the Initial Term, this Agreement shall automatically be renewed for additional terms of one year on the last day of the Initial Term and each subsequent anniversary of the last day of the Initial Term (the Initial Term and any annual extension of the term of the Agreement, referenced herein as the "Empl...oyment Term"), unless either party hereto gives the other party written notice of non-renewal at least ninety (90) days prior to such last day or anniversary. Upon any termination of employment (whether or not during an Employment Term or upon notice of non-renewal under this Section 2), and to the extent requested in writing by the Company, you agree to resign from all positions you may hold with the Company and any of its subsidiaries or affiliated entities at such time (including as a member of the Board and the boards or equivalent governing bodies of any subsidiaries or entities). View More

Term. Section 4(a) of the Agreement is amended and restated in its entirety as follows: "(a) Unless terminated earlier as provided for in this Agreement, the term of this Agreement (the "Term") shall commence on the Effective Date and continue in effect through December 31, 2019, provided that commencing on January 1, 2020 and each January 1 thereafter, the Term shall be automatically extended for one additional year unless the Company shall have delivered to Employee, at least three months prior to t...he scheduled expiration of the Term (or any extension thereof), written notice that the Term will not be extended." View More

Term. This Agreement will continue in effect until terminated in accordance with Section 5. The term of this Agreement is hereafter referred to as the "Term." The effective date of Executive's termination of employment with the Company is hereafter referred to as the "Termination Date."

Term. The term of employment under this Agreement (the "Term") shall be for a one-year period commencing on the Effective Date and shall be automatically extended for an additional one-year period on the one-year anniversary of the Effective Date and each subsequent anniversary thereof, unless and until the Company or Executive provides written notice to the other party not less than ninety (90) days before such anniversary date that such party is electing not to extend the Term, in which case the Ter...m shall end at the expiration of the Term as last extended, unless sooner terminated as set forth below. Following any such notice by the Company of its election not to extend the Term, Executive may terminate his employment at any time prior to the expiration of the Term by giving written notice to the Company at least thirty (30) days prior to the effective date of termination, and upon the earlier of such effective date of termination or the expiration of the Term, Executive shall be entitled to receive the same severance benefits as are provided upon a termination of employment by the Company without Cause as described in Section 7(a). If upon the expiration of the Term due to nonrenewal and neither Party has terminated Executive's employment with the Company, Executive shall remain an at-will employee of the Company, provided that Executive's employment shall not be covered by this Agreement (except for the applicable restrictive covenant provisions, which shall survive termination of this Agreement in all cases). View More

Term. COMPANY hereby amends and extends EXECUTIVE's employment term with the COMPANY to conclude on December 31, 2021 ("Term"). Unless COMPANY or EXECUTIVE provides written notice that this Agreement shall be allowed to expire and the employment relationship thereby terminated at least thirty (30) days prior to the expiration of the Term or any Renewal Term (as defined herein), this Agreement shall continue in effect for successive periods of one (1) year (each such one (1) year period being a "Renewa...l Term"; collectively, the Term and all Renewal Terms under this Agreement being the "Employment Term"). View More

Term. Subject to the provisions for automatic renewal and termination as provided below, the term of this Agreement shall commence on the Effective Date and shall terminate at 12:01 a.m. on December 31, 2020. (a) Automatic Renewal. This Agreement shall be automatically extended for an unlimited number of one-year periods, unless on or before December 31, 2018 (for the initial term), or thereafter on or before the December 31st that is twenty-four (24) months before the expiration of any extended term,... either Party provides to the other written notice of its desire not to automatically renew this Agreement. View More

Term. This Option shall terminate on March [__], 20294 (the "Option Expiration Date"); provided that if: (a) the Executive's employment with Sirius XM is terminated due to the Executive's death or Disability, by Sirius XM without Cause, or by the Executive for 1 The "Grant Date," as defined in the Letter Agreement. 2 Closing price on the Grant Date. 3 First, second and third anniversaries of the "Grant Date," as defined in the Letter Agreement. 4 10 years from the Grant Date. 10 EXHIBIT A Good Reason,... the Executive may exercise this Option in full until the first (1st) anniversary of such termination (at which time this Option shall be cancelled), but not later than the Option Expiration Date; (b) the Executive's employment with Sirius XM is terminated for Cause, this Option shall be cancelled upon the date of such termination; and (c) the Executive voluntarily terminates the Executive's employment with Sirius XM without Good Reason, the Executive may exercise any vested portion of this Option until ninety (90) days following the date of such termination (at which time this Option shall be cancelled), but not later than the Option Expiration Date. View More