Term Contract Clauses (29,524)

Term. This Agreement shall commence on the Effective Date and shall continue until such times as notice of termination of this Agreement is given in writing by either Company or Executive to the other as in accordance with paragraph/Section 5, or upon with three (3) months' notice by either party. Renewal of this Agreement may be made on such terms as the parties may agree.

Term. Subject to prior termination, the term (the "Term") of this Agreement shall be for a period of twenty (20) years commencing on the Effective Date.

Term. (a) This demise shall be for the term (hereinafter referred to as the "Term") beginning on the "Commencement Date" of the Term as defined in Article 3(b) of this Lease and ending, without the necessity of notice from either Party to the other, seventy-two (72) months from and after the Commencement Date if the Commencement Date shall be the first day of a month, or if the Commencement Date shall be any day other than the first day of the month, then from and after the first day of the month... next following the Commencement Date. (b) The Term shall commence on the date which is the earlier of: (a) when a Temporary Certificate of Occupancy is obtained for the premises, or (b) the first business date that is one hundred and twenty (120) days following execution of this Lease by Landlord and Tenant. (The date identified pursuant to this section shall be the "Commencement Date"). (c) When the Commencement Date is established, Landlord and Tenant shall promptly, but in no event more than five (5) business days later, execute and acknowledge a memorandum, in the form attached hereto as Exhibit "C", with the agreed upon Commencement Date and the date of expiration of the Term (the "Expiration Date"). (d) If the Tenant or any person claiming through the Tenant shall have continued to occupy the Premises after the Expiration Date or earlier termination of the Term or any renewal thereof, and if the Landlord shall have consented in writing to such continuation of occupancy, such occupancy (unless the Parties hereto shall have otherwise agreed in writing) shall be deemed to be under a month-to-month tenancy. The month-to-month tenancy shall continue until either party shall have notified the other in writing, at least ninety (90) days prior to the end of any calendar month, that the Party giving such notice elects to terminate the month-to-month tenancy at the end of that calendar month, in which event, such tenancy shall so terminate. If such occupancy shall have continued without Landlord's written consent, then such occupancy shall be in violation of this Lease, in which event, Tenant (i) shall be liable for any and all losses, claims, costs, expenses and damages (specifically excluding consequential damages) suffered or incurred by Landlord (including, without limit thereto, court costs and counsel fees), whether foreseen or unforeseen as a result of such continued occupancy, and Landlord shall have all of the rights and remedies available under this Lease, or at law or in equity, for such violation and, without limitation of the foregoing clause (i), (ii) will indemnify and hold harmless Landlord from and against all claims and demands made by succeeding tenants against Landlord, founded upon delay by Landlord in delivering possession of the Premises to such succeeding tenant The Fixed Rent payable with respect to each monthly period of any month-to-month tenancy under this section (and to each monthly period of continued occupancy which may occur after the Expiration Date without Landlord's consent) shall equal one hundred and fifty percent (150%) of the Fixed Rent payable under Article 4(b) paid for the immediately preceding lease year. Any month-to-month tenancy arising with Landlord's consent shall be upon the same teens and subject to the same conditions as those which are set forth in this Lease, except as otherwise set forth in this subparagraph (f), provided that if the Landlord shall have given to the Tenant, at least thirty (30) days prior to the expiration or earlier termination of the Term or any renewal thereof or prior to the end of any month of a month-to-month tenancy, written notice that the Tenant's occupancy following such month or expiration or termination (as the case may be) shall be subject to such modifications of the terms and conditions of this Lease (including any provision relating to the amount and payment of rent) as are specified in such notice, the Tenant's occupancy following such month or expiration or termination (as the case may be) shall be subject to the provisions of this Lease as so modified. View More

Term. The Executive's employment under this Agreement shall commence on the date first written above, which such date of commencement of employment will be hereinafter referred to as the "Effective Date." The period from the Effective Date until the termination of the Executive's employment under this Agreement is hereinafter referred to as "the term of this Agreement" or "the term hereof." 3. Compensation. 3.1 Base Salary. During the term hereof, the Executive's base salary (the "Base Salary") shall... be paid in accordance with the Corporation's regular payroll practices in effect from time to time, but not less frequently than in monthly installments. As of the Effective 2 Date, the Executive's Base Salary shall be at an annualized rate of $375,000. During the term hereof, the Corporation may review and adjust the Executive's rate of Base Salary from time to time. 3.2 Incentive Bonus. During the term hereof, in addition to the Base Salary, the Executive shall be eligible to receive an incentive bonus ("Incentive Bonus") for each fiscal year with a target amount of 70% of the Executive's Base Salary (the "Target Incentive Bonus") and a maximum amount of 140% of the Executive's Base Salarya. The actual amount of any Incentive Bonus earned by the Executive shall be determined in good faith by the Compensation Committee of the Board (the "Compensation Committee") in its reasonable discretion and subject to the terms of the then-applicable incentive bonus plan, based on the achievement of performance objectives established for the particular performance period by the Board or the Compensation Committee pursuant to such incentive bonus plan. The Incentive Bonus earned for each applicable performance period (if any) shall be paid in accordance with the terms of the applicable incentive bonus plan, subject to the Executive's continued employment by the Corporation or its affiliates through the applicable payment date. 3.3 Retention Sign-On Bonus. Except as provided in Section 5.3(b) of this Agreement, subject to the Executive's continued employment with the Corporation through September 30, 2014 (the "Retention Sign-On Bonus Payment Date"), the Corporation shall pay the Executive a retention sign-on bonus of $40,000 as soon as practicable, but in any event no later than ten days following the Retention Sign-On Bonus Payment Date. 3.4 Equity Compensation. Following the Effective Date, the Executive shall, in addition to the Base Salary and Incentive Bonus and the restricted stock award and stock option awards granted to the Executive pursuant to the Prior Offer Letter, receive (i) a grant of equity-based compensation in the form of a stock option grant (the "Additional Stock Option Award") under the Ichor Holdings, Ltd. 2012 Equity Incentive Plan, as the same may be amended from time to time (the "Equity Plan") and (ii) a grant of equity-based compensation in the form of a restricted share grant (the "Additional Restricted Share Award" and, together with the Additional Stock Option Award, the "Additional Equity Awards") under the Equity Plan. The grant of the Additional Equity Awards will be made at the first regular meeting of the Compensation Committee following the Effective Date. The terms and conditions of the Additional Equity Awards shall be documented in the corresponding equity award agreements between Parent and the Executive, which are attached as Exhibits B and C hereto. View More

Term. This Agreement is effective as of the date first set forth above, and will continue in effect for a period of ten (10) years (the "Initial Term"), and for succeeding periods of the same duration (each, "Subsequent Term"), until terminated by one of the following means either during the Initial Term or thereafter. The period during which this Agreement is effective is referred to as the "Term." (a) Mutual Consent. This Agreement may be terminated at any time by the mutual consent of the Parties,... evidenced by an agreement in writing signed by both Parties. (b) Termination by DSHK. This Agreement may be terminated by DSHK ((i) upon written notice delivered to DSBT no later than ten (10) calendar days before the expiration of the Initial Term or any Subsequent Term; or (ii) at any time by upon ninety (90) calendar days' written notice delivered to DSBT. (c) Breach or Insolvency. Either of DSBT or DSHK may terminate this Agreement immediately (a) upon the material breach by the other of its obligations hereunder and the failure of such Party to cure such breach within thirty (30) working days after written notice from the non-breaching Party; or (b) upon the filing of a voluntary or involuntary petition in bankruptcy by the other or of which the other is the subject, or the insolvency of the other, or the commencement of any proceedings placing the other in receivership, or of any assignment by the other for the benefit of creditors. 7 (d) Consequences of Termination. Upon any effective date of any termination of this Agreement: (i) DSHK will instruct all management personnel identified or provided by it to DSBT to cease working for DSBT; (ii) DSHK will deliver to DSBT all chops and seals of DSBT; (iii) DSHK will deliver to DSBT, or grant to DSBT unrestricted access to and control of, all of the financial and other books and records of DSBT, including any and all permits, licenses, certificates and other proprietary and operational documents and instruments; (iv) DSHK will cooperate fully in the replacement of any signatories or persons authorized to act on behalf of DSBT with persons appointed by DSBT; and (v) any licenses granted by DSHK to DSBT during the Term will terminate unless otherwise agreed by the Parties. (e) Survival. The provisions of Section 14 (Indemnification; Hold Harmless), Section 15 (Dispute Resolution), Section 16(d) (Consequences of Termination) and Section 17 (Miscellaneous) will survive any termination of this Agreement. Any amounts owing from any Party to any other Party on the effective date of any termination under the terms of this Agreement will continue to be due and owing despite such termination. View More

Term. This Agreement shall become effective as of the Effective Date and, unless otherwise terminated in accordance with the provisions of Section 4 of this Agreement, will continue until the Services have been satisfactorily completed and the Developer has been paid in full for such Services (the "Term").

Term. The initial term ("Initial Term") of employment under this Agreement shall commence and this Agreement shall be effective as of the Effective Date and shall continue for a period ending on December 31, 2015, unless sooner terminated in accordance with the terms hereof. The Initial Term shall be automatically extended for additional one-year periods (each such year an "Extended Term") on the same terms and conditions set forth in this Agreement, unless either party provides notice of his or its... intention not to extend this Agreement at least ninety (90) days prior to the expiration of the Initial Term or, if previously extended, any Extended Term. The Initial Term and any Extended Term may be collectively referred to in this Agreement as the "Term." 2.Employment Duties. (a) Position. Commencing upon the Effective Date and continuing through the period of the Executive's employment by the Company, the Executive shall serve as President of the Company and shall have the duties, responsibilities and authority set forth on Exhibit A to this Agreement. The Executive shall report to the Chief Executive Officer of the Company. (b) Obligations. The Executive agrees to devote his full business time and attention to the business and affairs of the Company. The foregoing, however, shall not preclude the Executive from (i) serving on corporate, civic or charitable boards or committees or managing personal investments, so long as such activities do not, in the judgment of the Chief Executive Officer, interfere with the performance of the Executive's responsibilities hereunder; provided, however, that Executive's service on any corporate board or committee shall be subject to the prior written approval of the Chief Executive Officer or (ii) going on leave for vacation or permitted hereunder or illness; provided, however, that leave for vacation shall not interfere with the performance of the Executive's duties hereunder. View More

Term. The provisions of this Lease are effective as of the date of this Lease. The term of this Lease ("Term") shall commence on the Commencement Date and shall terminate on the Expiration Date as defined in Section 2.2. and 2.4 of the Summary, respectively, unless sooner terminated as hereinafter provided. If Landlord fails to deliver possession of the Premises on the Target Commencement Date set forth in Section 2.3 of the Summary for any reason, Landlord shall not be liable for any damages caused... thereby, and this Lease shall not become void or voidable. Following the Commencement Date, Landlord may provide Tenant with a letter confirming the Commencement Date and the Expiration Date. The dates listed in the letter shall be binding upon the parties unless objected to in writing by Tenant within fifteen (15) days after receipt of said letter. View More

Term. The Employee's employment shall continue until it is terminated in accordance with the provisions of Section 6.

Term. This Agreement shall terminate, except to the extent that any obligation of Company hereunder remains unpaid as of such time, upon the earliest of (i) the Date of Termination (as hereinafter defined) of Executive's employment with Company as a result of Executive's death, Disability (as defined in Section 3(b)) or Retirement (as defined in Section 3(c)), by Company for Cause (as defined in Section 3(d)) or by Executive other than for Good Reason (as defined in Section 3(e)); and (ii) three (3)... years from the date of a Change in Control if Executive's employment with Company has not terminated as of such time. View More