Term Contract Clauses (29,524)

Grouped Into 454 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. Subject to the terms of this paragraph, this Policy will have a term of 3 years commencing on the Effective Date (the "Term") unless the Board or the Compensation Committee, as applicable, decides to sooner terminate this Policy in accordance with the terms of this Policy or the affected Eligible Employee consents to an earlier termination. Any termination of this Policy by the Board or the Compensation Committee, as applicable, must be in writing and will be taken in a non-fiduciary capacity.... Neither the lapse of this Policy by its terms nor the termination of this Policy by the Company will by itself constitute termination of employment or grounds for a Constructive Termination. Further, if a Change in Control occurs when there are fewer than 6 months remaining during the Term, the Term will extend automatically through the date that is 18 months following the date of the Change in Control (unless the affected Eligible Employee consents to an earlier termination). Notwithstanding the foregoing, if during the Term, an initial occurrence of an act or omission by the company constituting the grounds for "Constructive Termination" in accordance with the definition herein has occurred (the "Initial Grounds"), and the expiration date of the Cure Period (as such defined herein) with respect to such Initial Grounds could occur following the expiration of the Term, the Term will extend automatically through the date that is 30 days following the expiration of the Cure Period, but such extension of the Term will only apply with respect to the Initial Grounds. View More Arrow
Term. Subject to the terms of this paragraph, this Policy Plan will have a term of 3 years commencing on the Effective Date (the "Term") unless the Board or the Compensation Committee, as applicable, Administrator decides to sooner terminate this Policy Plan in accordance with the terms of this Policy Section 14 below or the affected Eligible Employee Participant consents to an earlier termination. Any termination of this Policy by the Board or the Compensation Committee, as applicable, must be in... writing and will be taken in a non-fiduciary capacity. Neither the lapse of this Policy Plan by its terms nor the termination of this Policy Plan by the Company will by itself constitute termination of employment or grounds for a Constructive Termination. "Good Reason" in accordance with the definition herein. Further, if a Change in Control occurs when there are fewer than 6 3 months remaining during the Term, the Term will extend automatically through the date that is 18 months following the date of the Change in Control (unless the affected Eligible Employee Participant consents to an earlier termination). Notwithstanding the foregoing, if during the Term, an initial occurrence of an act or omission by the company Company constituting the grounds for "Constructive Termination" "Good Reason" in accordance with the definition herein has occurred (the "Initial Grounds"), and the expiration date of the Cure Period (as such defined herein) with respect to such Initial Grounds could occur following the expiration of the Term, the Term will extend automatically through the date that is 30 days following the expiration of the Cure Period, but such extension of the Term will only apply with respect to the Initial Grounds. View More Arrow
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Term. This Agreement shall commence on the Effective Date first above written and shall continue in effect until the later of (a) [DATE], or (b) if a Change in Control occurs before [DATE], through the two (2) year anniversary of such Change in Control. Commencing on January 31, [YEAR], and each January 31, thereafter, the term of this Agreement shall automatically be extended for one additional year to January 31, and each January 31, thereafter, unless at least sixty (60) days immediately preceding... such January 31, the Company shall have given Executive written notice that the Company does not wish to extend this Agreement; provided, that any such notice shall not constitute a Termination of Employment, and this Agreement shall continue in effect beyond the term provided herein if a Change in Control shall have occurred during such term (in which case this Agreement shall continue in effect through the two (2) year anniversary of such Change in Control) or if any obligation of the Company hereunder remains unpaid as of such time. View More Arrow
Term. This Agreement shall commence on the Effective Date date first above written and shall continue in effect until the later of (a) [DATE], or (b) if a Change in Control occurs before [DATE], through the two (2) year anniversary of such Change in Control. January 31, 2015. Commencing on January 31, [YEAR], 2015, and each January 31, 31 thereafter, the term of this Agreement shall automatically be extended for one additional year to January 31, and each January 31, thereafter, unless at least sixty... (60) days immediately preceding such January 31, the Company shall have given the Executive written notice that the Company does not wish to extend this Agreement; provided, provided that any such notice shall not constitute a Termination of Employment, and this Agreement shall continue in effect beyond the term provided herein if a Change in Control shall have occurred during such term (in which case this Agreement shall continue in effect through the two (2) year anniversary of such Change in Control) or if any obligation of the Company hereunder remains unpaid as of such time. View More Arrow
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Term. The Executive's employment hereunder shall be effective as of Effective Date and shall continue until the second anniversary thereof, unless terminated earlier pursuant to Section 5 of this Agreement. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." This agreement shall replace and supersede any and all prior agreements between the Executive and the Company, including but not limited to the agreement between the... Company and Executive dated November 6, 2015, which agreements shall be deemed terminated as of the date hereof. 2. Position. During the Employment Term, the Executive shall serve as the Chief Financial Officer of the Company, reporting to the President of the Company (the "Board"). In such position, the Executive shall have such duties, authority, and responsibility as shall be determined from time to time by the President of the Company, which duties, authority, and responsibility are consistent with the Executive's position. View More Arrow
Term. The Executive's employment hereunder shall be effective as of Effective Date and shall continue until two years from the second anniversary thereof, unless terminated earlier pursuant to Section 5 date of this Agreement. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." This agreement shall replace and supersede any and all prior agreements between the Executive and the Company, including but not limited to the... agreement between the Company and Executive dated November 6, 2015, which agreements shall be deemed terminated as of the date hereof. 2. Position. During the Employment Term, the Executive shall serve as the Chief Financial Executive Officer of the Company, reporting to the President of the Company (the "Board"). "President") or the Board designee. In such position, the Executive shall have such duties, authority, and responsibility as shall be determined from time to time by the President of the Company, which duties, authority, and responsibility are consistent with the Executive's position. View More Arrow
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Term. Unless otherwise terminated as provided herein, the term of employment pursuant to this Agreement will be for a period of two years, commencing on the Effective Date (the "Term"); provided that Executive's employment pursuant to this Agreement may be extended upon the mutual agreement of Executive and the Company and to the extent extended, the Term will include all such extension periods.
Term. Unless otherwise terminated as provided herein, the term of employment pursuant to this Agreement will be for a period of two and one half years, commencing on the Effective Date (the "Term"); provided that Executive's employment pursuant to this Agreement may be extended upon the mutual agreement of Executive and the Company and to the extent extended, the Term will include all such extension periods.
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Term. The Company hereby agrees to continue to employ the Executive, and the Executive hereby agrees to serve the Company and Washington Prime Group, L.P. (the "Partnership"), subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on December 31, 2019, unless earlier terminated pursuant to Section 3 hereof (the "Employment Period", which shall include any renewals thereof); provided, that, on December 31, 2019 and each annual anniversary of... such date thereafter (such date and each annual anniversary thereof, a "Renewal Date"), unless previously terminated in accordance with the provisions of Section 3 hereof, the Employment Period shall be automatically extended so as to terminate one year from such Renewal Date unless, at least 120 days prior to the Renewal Date, either party shall give written notice to the other that the Employment Period shall not be so extended. View More Arrow
Term. The Company hereby agrees to continue to employ the Executive, and the Executive hereby agrees to serve the Company and Washington Prime Group, L.P. (the "Partnership"), subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on December 31, 2019, the fifth (5th) anniversary of the Effective Date, unless earlier terminated pursuant to Section 3 hereof (the "Employment Period", Period" which shall include any renewals thereof); provided,... that, on December 31, 2019 the fifth (5th) anniversary of the Effective Date and each annual anniversary of such date thereafter (such date and each annual anniversary thereof, a "Renewal Date"), unless previously terminated in accordance with the provisions of Section 3 hereof, the Employment Period shall be automatically extended so as to terminate one year from such Renewal Date unless, at least 120 days prior to the Renewal Date, either party shall give written notice to the other that the Employment Period shall not be so extended. View More Arrow
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Term. The term of the Agreement (the "Term") shall commence on June 1, 2013 (the retroactive Effective Date) and shall terminate after twelve months, which Term shall automatically renew for additional twelve months periods unless terminated by either party upon 60 days' written notice to the other party.
Term. The term of the Agreement (the "Term") shall commence on June March 1, 2013 (the retroactive Effective Date) 2014 and shall terminate after twelve months, which Term shall automatically renew for additional twelve months periods unless terminated by either party upon 60 days' written notice to the other party.
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Term. Section 10.1 of the Agreement is hereby deleted in its entirety and replaced with the following: This Agreement shall commence on the date first written above and shall continue until December 31, 2016 (the "Term").
Term. Section 10.1 of the Agreement is hereby deleted in its entirety and replaced with the following: This Agreement shall commence on the date first written above and shall continue until December 31, 2016 2017 (the "Term").
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Term. The term of this Agreement shall end March 31, 2018 ("Term"), unless otherwise terminated pursuant to Sections 8, 9, 10, 11 or 12 hereof. The Term shall be automatically extended from month to month, for up to six (6) months, unless the Company gives written notice to Employee at least one month prior to the expiration of the original or any extended Term that no extension or further extension, as applicable, will occur or unless the Company replaces this Agreement with a new agreement or, in... writing, extends or renews the Term of this Agreement for a period that is longer than six months from the expiration of the original Term. Unless otherwise noted, all references to the "Term" shall be deemed to refer to the original Term and any extension or renewal thereof. View More Arrow
Term. The term of this Agreement shall end March 31, 2018 2015 ("Term"), unless otherwise terminated pursuant to Sections 7, 8, 9, 10, 10 or 11 or 12 hereof. The Term shall be automatically extended from month to month, for up to six (6) months, unless the Company gives written notice to Employee at least one month prior to the expiration of the original or any extended Term that no extension or further extension, as applicable, will occur or unless the Company replaces this Agreement with a new... agreement or, in writing, extends or renews the Term of this Agreement for a period that is longer than six months from the expiration of the original Term. Unless otherwise noted, all references to the "Term" shall be deemed to refer to the original Term and any extension or renewal thereof. View More Arrow
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Term. (a) Executive's employment with Company shall continue during the Employment Period until (i) either Executive or Company terminates Executive's employment with Company, or (ii) Executive's Disability or death. (b) Executive can terminate the Employment Period at any time with or without Good Reason, by providing sixty (60) days' written notice to the Company. However, Company reserves the right either to accelerate Executive's intended End Date to an earlier actual date or to allow Executive's... intended End Date to stand. Company can terminate Executive's employment at any time with or without Cause, subject to the Company's potential obligations to Executive in Section 6 hereof. Except as otherwise provided herein, any termination of Executive's employment by the Company, shall be effective on the date specified in a written notice from the Company to Executive. Termination of Executive's employment with Company will be effective immediately upon the Disability or death of Executive. (c) Unless otherwise requested by the Company, upon any termination of the Executive's employment with the Company (without regard to which party initiated such termination or if termination was with or without Cause or Good Reason), the Executive shall (i) promptly resign from any position as an officer, director or fiduciary of any Company-related entity that the Executive may hold as of the End Date, and (ii) immediately return to the Company all Company Property issued to Executive during the Employment Period. (d) For clarification purposes, the post-termination obligations of this Agreement, including but not limited to Sections 7, 8 and 10 hereof, shall remain in effect following any termination of the Employment Period, without regard to which party initiated such termination or if termination was with or without Cause or Good Reason. View More Arrow
Term. (a) Executive's employment with Company shall continue during the Employment Period until (i) either Executive or Company terminates Executive's employment with Company, or (ii) Executive's Disability or death. (b) Executive can terminate the Employment Period at any time with or without Good Reason, by providing sixty (60) days' written notice to the Company. However, Company reserves the right either to accelerate Executive's intended End Date to an earlier actual date or to allow Executive's... intended End Date to stand. Company can terminate Executive's employment at any time with or without Cause, subject to the Company's potential obligations to Executive in Section 6 hereof. Except as otherwise provided herein, any termination of Executive's employment by the Company, shall be effective on the date specified in a written notice from the Company to Executive. Termination of Executive's employment with Company will be effective immediately upon the Disability or death of Executive. (c) Unless otherwise requested by the Company, upon any termination of the Executive's employment with the Company (without regard to which party initiated such termination or if termination was with or without Cause or Good Reason), the Executive shall (i) promptly resign from any position as an officer, director or fiduciary of any Company-related entity that the Executive may hold as of the End Date, and (ii) immediately return to the Company all Company Property issued to Executive during the Employment Period. (d) For clarification purposes, the post-termination obligations of this Agreement, including but not limited to Sections 7, 8 and 10 hereof, shall remain in effect following any termination of the Employment Period, without regard to which party initiated such termination or if termination was with or without Cause or Good Reason. 6 4. Position and Duties. (a) During the Employment Period, Executive shall serve as President and Chief Operating Officer of the Company, and shall have the normal duties, responsibilities, functions and authority of such positions as assigned from time to time by the CEO or the Board. Executive hereby accepts such continued employment and agrees to devote Executive's full employment energies, interest, abilities and time to the performance of Executive's duties to the Company or any of its Affiliates as assigned by the Company. Executive shall promptly and faithfully comply with all the rules and regulations of applicable governmental regulatory agencies and with the reasonable instructions, directions, requests, rules and regulations of the Company in connection with the performance of Executive's duties. (b) Executive agrees that, during the Employment Period, Executive's services shall be exclusive to the Company and therefore Executive will not engage in any other employment, occupation, consulting or other business activity directly related to the business in which the Company and its Affiliates are involved or become involved during the Employment Period, nor will Executive engage in any other activities that conflict with Executive's obligations to the Company and its Affiliates. Executive agrees to the Conflict of Interest Guidelines set forth on Exhibit B to this Agreement. Notwithstanding the foregoing, Executive may perform such other work, whether for consideration or as a volunteer, only if and to the extent that such other work does not interfere with Executive's duties to the Company. Executive shall not make any investment of money or time in any business that is or may be competitive or which is being formed or organized to be competitive with or similar to or adverse to any of the Company's or any of its Affiliates' businesses, services, or product(s), whether such business is conducted by a proprietorship, partnership, corporation or other entity or venture. However, nothing herein shall prohibit Executive from being a passive owner of not more than 4.9% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of such corporation. View More Arrow
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Term. The period of employment of Executive by the Company hereunder (the "Employment Period") commenced on July 15, 2014 (the "Original Effective Date") and shall continue for four (4) years thereafter (such four-year period, the "Initial Employment Period") (or, in the event of any renewal and extension as contemplated hereby, the last day of the relevant successive one-year renewal and extension period) or such earlier date on or as of which this Agreement or Executive's employment hereunder is... terminated in accordance with the terms hereof. Subject to this Agreement or Executive's employment hereunder being terminated in accordance with the terms hereof prior to the end of the Employment Period (or, in the event of any renewal and extension as contemplated hereby, the last day of the current successive one-year renewal and extension period), this Agreement and the Employment Period automatically shall be renewed for successive one-year periods thereafter, unless either party gives the other party prior written notice at least four months before the expiration of the Employment Period (the "Notice Date") of that party's intent to allow the Employment Period and this Agreement to expire (a "Non-Renewal Notice"). As used herein, "End of Term Date" means the last day of the Initial Employment Period; provided, however, that, if this Agreement and the Employment Period shall (as provided above) have been automatically renewed and extended for any successive one-year period, "End of Term Date" means the last day of such one-year period. 1 3. Position and Duties. (a) Executive Position. Executive shall serve as the Chief Operating Officer of the Company ("COO"). As the Company's COO, Executive shall have such duties and responsibilities as may be prescribed by the President, the Chief Executive Officer, the Chairman of the Board and/or the Board of Directors (the "Board"). Executive shall report to the President or, effective January 1, 2017, the Chief Executive Officer. Executive shall devote his full business time, attention and energies to the Company's affairs as are necessary to fully perform his duties for the Company (other than absences due to illness or vacation). In addition to Executive's position as COO, effective on January 1, 2017 and subject to his employment with the Company through such date, Executive shall become an Executive Vice President of the Company. View More Arrow
Term. The period of employment of Executive by the Company hereunder (the "Employment Period") commenced shall commence on July 15, 2014 (the "Original the Effective Date") Date and shall continue for four (4) years thereafter (such four-year period, the "Initial Employment Period") (or, in the event of any renewal and extension as contemplated hereby, the last day of the relevant successive one-year renewal and extension period) or such earlier date on or as of which this Agreement or Executive's... employment hereunder is terminated in accordance with the terms hereof. Subject to this Agreement or Executive's employment hereunder being terminated in accordance with the terms hereof prior to the end of the Employment Period (or, in the event of any renewal and extension as contemplated hereby, the last day of the current successive one-year renewal and extension period), this Agreement and the Employment Period automatically shall be renewed for successive one-year periods thereafter, unless either party gives the other party prior written notice at least four months before the expiration of the Employment Period (the "Notice Date") of that party's intent to allow the Employment Period and this Agreement to expire (a "Non-Renewal Notice"). Notice"), provided that, in the event neither party has provided a Non-Renewal Notice at least six months prior to the expiration of the Employment Period, the Company shall give Executive written notice, at least 30 days prior to the Notice Date, informing Executive of Executive's right to provide a Non-Renewal Notice. As used herein, "End of Term Date" means the last day of the Initial Employment Period; provided, however, that, if this Agreement and the Employment Period shall (as provided above) have been automatically renewed and extended for any successive one-year period, "End of Term Date" means the last day of such one-year period. 1 3. Position and Duties. (a) Executive Position. Executive shall serve as the Chief Operating Officer an Executive Vice President of the Company ("COO"). As until the earlier of (i) the effective date of the resignation or termination of Jeffrey Olson, the Company's COO, current Chief Executive Officer, or (ii) January 1, 2015 (the earlier of (i) or (ii), the "CEO Start Date"). As an Executive Vice President, Executive shall have such duties and responsibilities as may be prescribed by the President, the Chief Executive Officer, the Chairman of the Board and/or the Board of Directors (the "Board"). On the CEO Start Date, Executive will become the Chief Executive Officer of the Company and shall report solely and directly to the Chairman of the Board and to the Board of Directors of the Company. From and after the CEO Start Date, Executive shall report to have those powers and duties normally associated with the President or, effective January 1, 2017, position of a Chief Executive Officer and such other powers and duties as the Chairman of the Board or the Board properly may prescribe, provided that such other powers and duties are consistent with Executive's position as Chief Executive Officer. Executive shall devote his full business time, attention and energies to the Company's affairs as are necessary to fully perform his duties for the Company (other than absences due to illness or vacation). In addition (b) Director. The Company agrees to Executive's appoint Executive as a member of the Board within 15 days following the CEO Start Date; provided that Mr. Olson is no longer serving as a member of the Board as of such date. During the portion of the Employment Period in which Executive holds the position as COO, effective on January 1, 2017 and subject to his employment with of Chief Executive Officer, the Company through such date, agrees to nominate Executive shall become an Executive Vice President as a member of the Company. Board for each successive term and use reasonable good faith effort to cause Executive to be elected as a member of the Board, including, without limitation, recommending Executive to be elected as a member of the Board in the proxy statement distributed to stockholders regarding the election of members of the Board; provided, however, that the Company's obligations under the foregoing provisions of this Section 3(b) shall no longer apply if Executive has been removed from the Board pursuant to Section 5.8 of the Company's charter (or under any similar future provision under the Company's charter), has not been elected to the Board at a prior annual meeting of shareholders for the election of members to the Board or has submitted a Non-Renewal Notice. View More Arrow
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