Term Contract Clauses (8,450)

Term. Subject to Section 9 and Section 10 below, the term of this Agreement shall be for a period of thirty-six (36) months commencing on the Effective Date (the "Term"). The Term of this Agreement shall be automatically extended for additional one (1) year periods, unless either party notifies the other in writing at least ninety (90) days prior to the expiration of the then existing Term of its intention not to extend the Term.

Term. Officer's employment pursuant to this Agreement will commence as of the Effective Date and will continue for two years, or until terminated in accordance with Section 6 below (the period during which Officer is employed under this Agreement being herein referred to as the "Term"). Unless terminated by either party upon notice to the other party within 30 days of the end of the term of this Agreement, this Agreement will automatically renew on a month-to-month basis.

Term. Except as otherwise provided in this Agreement, Employee's term of employment under this Agreement shall commence on the Effective Date and continue until December 31, 2024 (the "Term"). Thereafter, this Agreement shall automatically renew for subsequent periods of one (1) year ("Renewal Term"), unless either party provides written notice to the other at least 120 days prior to the end of the Term (or any Renewal Term thereafter) of its intention not to renew this Agreement or unless this Agreem...ent is otherwise terminated as set forth in this Agreement. The period during which Employee is employed by the Company under this Agreement is hereinafter referred to as the "Employment Term." Except as provided for in Section 7, the Company or Employee's decision not to extend the Term or any Renewal Term shall not constitute an employment termination eligible for severance under the terms of this Agreement, and Employee's continued employment thereafter, if any, will be on an at-will basis until terminated by either party for any reason. View More

Term. Unless sooner terminated under Sections 4, 5 or 6 of this Agreement, the Company employs the Executive, and the Executive agrees to serve the Company, for an initial term beginning October 1, 2021 and ending December 31, 2024. The term of this Agreement shall automatically be extended for additional terms of one year, unless either party notifies the other in writing at least 90 days before the expiration of the term of this Agreement that it does not wish to extend the term. If the Company noti...fies the Executive that it does not wish to extend the term of this Agreement, the Company shall be deemed to have terminated the Executive's employment without cause, and the Executive shall be entitled to the benefits specified in Section 6(b) of this Agreement subject to the terms and conditions therein. If the Executive notifies the Company that the Executive does not wish to extend the term of this Agreement, the Executive shall be deemed to have voluntarily left the employ of the Company and the Company's obligations to the Executive under this Agreement shall terminate. Upon any termination of the term of this Agreement and his employment by either party for any or no reason, the Executive shall be deemed automatically to have resigned as of such effective termination date from any and all officer and director positions (if any) that the Executive then holds with the Company and any of its subsidiaries and affiliates. Upon such termination as described in the foregoing sentence, the Board of Directors of the Company (the "Board") is irrevocably authorized to appoint another officer or director to act as the Executive's attorney in the Executive's name and on the Executive's behalf and to sign any documents or do any acts or things necessary or appropriate to effect such resignations. View More

Term. Harris's Services under this Agreement shall commence as of the date first written above and shall continue indefinitely until terminated in accordance with the provisions of this Agreement (the "Term").

Term. Executive's employment under this Agreement will begin on May 29th, 2019 ("Commencement Date") and continue until terminated at the will of either party for any reason or no reason, with or without notice, cause or liability ("Term"), subject to the terms set forth in Section 4.

Term. (a) The term of this Agreement shall commence as of the Effective Date and shall continue thereafter for a period of three (3) years. (b) Commencing on the first anniversary of this Agreement (the "Anniversary Date") and continuing on each Anniversary Date thereafter, the term of this Agreement shall renew for an additional year such that the remaining term of this Agreement is always three (3) years; provided, however, that in order for this Agreement to renew, the Joint Compensation Committee ...of the Board of Directors of the Bank and the Company (the "Committee") must take the following actions within the time frames set forth below prior to each Anniversary Date: (i) at least sixty (60) days prior to the Anniversary Date, the Committee must conduct a comprehensive performance evaluation and review of Executive and present his evaluation to the full Company Board and Bank Board for purposes of determining whether to extend this Agreement; and (ii) affirmatively approve the renewal or non-renewal of this Agreement, which decision shall be included in the Board minutes. If the decision is not to renew this Agreement, then the Company and the Bank shall provide Executive with a written notice of non-renewal ("Non-Renewal Notice") at least thirty (30) days and not more than sixty (60) days prior to any Anniversary Date, such that this Agreement shall terminate at the end of twenty four (24) months following such Anniversary Date. (c) Notwithstanding the foregoing, in the event that the Company or the Bank has entered into an agreement to effect a transaction which would be considered a Change in Control as defined herein, then the term of this Agreement shall be extended and shall terminate twenty four 1 (24) months following the date on which the Change in Control occurs. The initial term and all renewals thereafter shall be referred to as the "Term" under this Agreement. View More

Term. The Executive's employment hereunder shall be effective as of the date of the closing of the merger (the "Merger") provided for in the Merger Agreement, dated as of November 23, 2021, among Nutex Health Holdco, LLC, a Delaware limited liability company, the Company, Nutex Acquisition LLC, a Delaware limited liability company and wholly owned subsidiary of the Company ("Merger Sub"), Micro Hospital Holding LLC, a Texas limited liability company (solely for the purposes of certain sections), Nutex... Health LLC (solely for the purposes of certain sections), and Thomas T. Vo (the "Effective Date") and shall continue until the fifth anniversary thereof, unless terminated earlier pursuant to Section 5 of this Agreement; provided that, effective on such fifth anniversary of the Effective Date and each annual anniversary thereafter (such date and each annual anniversary thereof, a "Renewal Date"), this Agreement may be terminated with sixty (60) days' prior written notice of either party of non-renewal. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." View More

Term. The term of this Agreement (the "Term") shall commence as of the Effective Date and shall, unless sooner terminated or extended, terminate on the first (1st) anniversary of the Effective Date (the "Expiration Date"), as same may be extended by the parties in consistent the provision of Section 7. c) hereof.

Term. Executive's employment with the Company pursuant to the terms and conditions set forth in this Agreement will commence on the Effective Date and will expire immediately upon the termination of Executive's employment in accordance with the terms and conditions set forth in Section 5 hereof (the "Term").2. Title; Services and Duties. (a) During the Term, Executive will be employed by the Company in the position of Chief Executive Officer pursuant to the terms of this Agreement. (b) During the Term..., Executive will be a full-time employee of the Company and report directly to the board of directors of the Company (the "Board"), and have such duties, responsibilities and authority as are reasonably prescribed by the Board from time to time and normally associated with the role of a Chief Executive Officer at an entity of similar size and nature as the Company, provided that any changes prescribed by the Board to Executive's position, role, duties, responsibilities or authority shall not be considered a breach of the contractual obligations of the Company set forth in this Section 2. Executive shall devote all of his business time and best efforts to the performance of his duties to the Company and will not engage in any other business, profession or occupation for compensation. Notwithstanding the foregoing, Executive may (i) continue to engage in any outside business activities previously disclosed to the Company as of the date of this Agreement, (ii) subject to prior approval of the Board (which shall not be unreasonably withheld), serve as a director or advisor of non-profit organizations or for profit companies that are not competitive with the Company, (iii) perform and participate in charitable civic, educational, professional, community, industry affairs and other related activities and (iv) manage his personal and family investments; provided, however, that such activities do not result in a conflict of interest with the Company and do not unreasonably interfere, individually or in the aggregate, in any material respect with the performance of Executive's duties hereunder. View More