Term Contract Clauses (8,450)

Term. This Agreement shall remain in effect until June 17, 2021, subject to earlier termination or extension as described below. The period from the Commencement Date until this Agreement shall have expired in accordance with this Section 3 or been terminated in accordance with Section 5 is hereafter referred to as "the term hereof" or "the term of this Agreement." The term hereof shall be extended automatically for an additional year as of June 17, 2021 and as of each subsequent annual anniversary of... such date (each such extension date is referred to herein as a "Renewal Date") unless at least one (1) year prior to any such Renewal Date either Party shall have given notice to the other Party that the term of this Agreement shall not be so extended. Notwithstanding any provision of this Agreement to the contrary, if a Change in Control occurs, the term of this Agreement shall be extended for a period of two (2) years after the date of the occurrence of the Change in Control or Potential Change in Control, and, if this Agreement does not terminate during such period, the last day of such extended term shall become the applicable Renewal Date. View More

Term. The Company hereby agrees to employ the Executive, and the Executive hereby agrees to be employed by the Company, subject to and upon the terms and conditions set forth in this Agreement, for a term (the "Term") which shall commence on August 20, 2019 (the "Effective Date") and end at the end of the fiscal year of the Company ending in 2023. Absent any written agreement between the parties to extend the Term for a renewal term or other period ending at an agreed upon date or time subsequent to t...he end of the fiscal year of the Company ending in 2023, the Term will end at the end of the fiscal year of the Company ending in 2023, currently expected to occur on March 26, 2023. View More

Term. Unless otherwise terminated as provided in this Agreement, Executive's term of employment ("Term") shall commence on the Effective Date and shall continue for three years, until October 13, 2022; provided, that the Term shall be automatically extended for successive one-year periods thereafter, unless written Notice is given by either Party to the other Party at least 180 days prior to the last day of the then-existing initial or extended Term, of the Party's intent to terminate the Agreement on... the last day of that Term. View More

Term. The Executive's term of employment with the Company under this Agreement shall begin on the Effective Date and shall continue on an at-will basis until that employment ceases in accordance with Section 6 for any reason (the "Term").

Term. This Agreement shall commence on the Effective Date and shall continue until three (3) years following the consummation of the initial Public Offering (which was on April 21, 2014), subject to earlier termination as set forth in Section 5 below ("Initial Term"). The Agreement will automatically renew, subject to earlier termination as herein provided, for successive one (1) year periods (the "Additional Terms"), unless either Executive or the Company provides written notice of non-renewal at lea...st forty-five (45) days prior to the expiration of the Initial Term or the then Additional Term, whichever is applicable. The Initial Term and any Additional Term(s) shall be referred to collectively as the "Term." Notwithstanding the foregoing, and subject to earlier termination as herein provided, the presently-effective Additional Term of this Agreement shall continue through December 31, 2019, at which time it will be subject to expiration or renewal for a successive one (1) year Additional Term, as provided for in this section. View More

Term. This Agreement commences on the effective date and will continue until December 31, 2022 (Initial Term). Thereafter, this Agreement automatically renews for successive 12-month periods (Renewal Term) unless terminated in accordance with the termination provisions set forth below.

Term. This Agreement shall be effective from 11/1/2019 ("the Commencement Date"), through employees' resignation and or unless amended by subsequent written agreement of the parties or terminated as provided herein. The Employee shall be considered a full-time employee as of the Commencement Date and will serve at the will of the Board of Directors. OTCQB: TNTY www.truenatureholding.com 3. Compensation. (a) Employee shall be paid an annual base salary of $250,000.00 payable in accordance with the Empl...oyer's standard payroll procedures, with a performance and salary review to be conducted annually, at which time the Employee's salary shall be adjusted in accordance with applicable compensation policies. (b) In addition, Employee shall be eligible to receive a bonus target of 25% of base compensation based upon MBOs commencing fiscal year 2020, if approved by the Compensation Committee in its sole discretion. (c) The Employee agrees that their Compensation will accrue from the Commencement Date of this agreement until such time as the Company, as determined by the Board, has sufficient funding. (d) The Employee may receive certain grants of Restricted Common Stock, and those grants may be subject to certain vesting, or reverse vesting, conditions, including, but not limited to the tenure of the Employee, or achievement of certain objectives, as further defined in a Restricted Stock Grant Agreement, and generally under the terms as noted below: 1. Grant of Restricted Stock. True Nature Holding, Inc. (the "Company") hereby grants to Grantee an Award of shares of Restricted Common Stock of the Company (collectively, the "Restricted Stock") pursuant to reverse vesting terms. The Restricted Stock granted pursuant to the Award shall be immediately issued in an escrow account the name of the Grantee and released as reverse vesting expires. Any unearned Restricted Stock granted shall be cancelled in the event the Employee is terminated by the Employer. An initial grant of 1,000,000 of shares of restricted stock will be awarded with signature on this agreement. This award is in addition to all other shares owned , or granted by the Company. View More

Term. The Company agrees to employ Executive and Executive hereby accepts such employment, in accordance with the terms of this Agreement. Subject to Section 5, the term of Executive's employment shall commence on the date hereof and continue for three (3) years thereafter unless this Agreement is earlier terminated as provided herein (the "Term"); provided, however, that unless the Company gives written notice to Executive at least thirty (30) days prior to the end of the Term of this Agreement (as t...he Term may be extended pursuant to this Section 1), on each anniversary of the date hereof, the Term of this Agreement shall automatically be extended for an additional one (1) year period. View More

Term. Subject to the termination provisions set forth in Section 10 below, Employee shall be employed by the Company under this Agreement beginning on the Effective Date and continuing thereafter for a period of three years (3) years (the "Initial Term"); provided, however, that following the Initial Term, the term of this Agreement shall be automatically extended for successive terms of one (1) year each (each a "Renewal Term"), unless either party notifies the other party in writing of its desire to... terminate this Agreement at least sixty (60) days before the end of the Initial Term or a Renewal Term then in effect. Collectively, the Initial Term and any subsequent Renewal Term(s) (or any portion thereof) shall be referred to herein as the "Employment Term." View More

Term. The term ("Term") of employment under this Agreement shall commence on December 4, 2019 (the "Commencement Date") and shall continue until the third anniversary date following the Commencement Date and shall be automatically renewable for successive one year periods, unless terminated as provided herein. The Term of employment shall terminate: a. after three years from the Commencement Date, if either Party gives more than sixty days prior written notice to the other Party that it wishes to term...inate this Agreement; and 1 b. immediately upon receipt of written notice for Just Cause or Good Reason. For purposes of this Agreement, the term "Just Cause" shall mean the occurrence of any one or more of the following events: (i) the breach by the Executive of his covenants under this Agreement; (ii) the Executive's refusal to perform, or his substantial neglect of, the duties assigned to the Executive pursuant to Paragraph 1 hereof; (iii) the commission by the Executive of theft or embezzlement of Corporation property or other acts of dishonesty; (iv) the commission by the Executive of a crime resulting in injury to the business, property or reputation of the Corporation or any affiliate of the Corporation or commission of other significant activities harmful to the business or reputation of the Corporation or any affiliate of the Corporation; (v) any significant violation of any statutory or common law duty of loyalty to the Corporation; (vi) Executive's neglect of his duties hereunder or his failure to devote the time and attention to the Corporation's business required herein; or (vii) Executive's intentional violation of Corporation's rules, regulations, procedures or other policies. For purposes of this Agreement, the term "Good Reason" shall mean the occurrence of any one or more of the following events: (i) the Corporation's material breach of this Agreement; or (ii) a material change in Executive's compensation and/or responsibilities unless such change is agreed to in advance by Executive. On the effective date of termination of this Agreement for any reason, including, without limitation, the expiration of the Term, and regardless of which Party effects the termination, the Executive shall return to the Corporation all Proprietary Information (as defined hereinafter), and any other property belonging to the Corporation. If the Corporation terminates Executive's employment without Just Cause or Executive terminates employment with Good Reason, Executive shall be entitled to accrued but unpaid salary and benefits through the date of termination and shall receive a severance payment equal to one-month's current salary for each full year of employment, with a minimum severance payment of three (3) months and a maximum of six (6) months' pay; provided however, that Executive's receipt of any severance payment shall be contingent on Executive signing a separate agreement releasing all claims against the Corporation arising out of Executive's employment. If Executive is terminated for Just Cause or resigns without Good Reason, Executive shall be entitled only to salary and benefits accrued but unpaid through the date of termination and shall receive no amount for severance. 2 4. Compensation. Salary Compensation. During the Term, the Corporation shall pay the Executive a salary in the amount of Ten Thousand Dollars ($10,000) per month commencing when the Corporation receives its first round of equity or debt financing. b. Sign-On Bonus. In recognition of the efforts that Executive shall invest without cash compensation to achieve Corporation's compliance with OTCMarkets, SEC and FINRA, the Corporation's Board of Directors shall issue a sign-on bonus of 500,000 shares of the Corporation's Restricted Common Stock on or before January 31, 2020. c. Stock Grant Compensation. The Corporation shall issue restricted shares in the form of stock grants equivalent to 6,120,000 shares of the Corporation's Common Stock over a 3 year period. Stock Grant shares shall vest 170,000 shares each month after the Stock Grant date, December 4, 2019, over a three year period, except that all unvested Stock Grant shares shall vest immediately if the Corporation terminates Executive's employment without Just Cause, or Executive resigns for Good Reason. The number of shares vested shall be adjusted in the event of subsequent stock splits. If Executive fails to give Corporation 90 days notice of termination without Good Reason, he shall forfeit all unvested Stock Grant shares. Expenses. The Corporation shall pay Executive's out of pocket expenses provided such expenses are within the Corporation's guidelines. The Executive shall provide the Corporation with an expense report and such substantiating documents as the Corporation requests from time to time. View More