Term Contract Clauses (29,607)

Term. The Executive's employment under this Agreement shall commence on the Effective Date and unless sooner terminated as provided in Article 5 shall continue for a period of one year (the "Initial Term"). Except as otherwise provided herein, unless either party gives written notice to the other party at least 30 days before any anniversary of the Effective Date that the term hereunder and the Executive's employment with the Company shall not be extended beyond the then current term (a "Nonrenewal... Notice"), the term of the Agreement and the Executive's employment with the Company shall automatically be extended for an additional one year period from each anniversary, subject to the same terms, conditions and limitations as applicable to the Initial Term unless amended or terminated as provided herein (the "Renewal Term"). For purposes of this Agreement, the Initial Term and all subsequent Renewal Terms shall be collectively referred to as the "Term" of the Agreement. View More

Term. This Agreement shall remain in effect for the Term. If the Agreement is in effect at the end of the Initial Term, the Term shall be renewed automatically for successive twelve-month periods unless and until one party gives written notice to the others of its or his intent not to extend this Agreement with such written notice to be given not less than ninety (90) days prior to the end of the Initial Term or any such twelve-month period. In the event such notice of non-extension is properly... given, this Agreement shall terminate at the end of the remaining Term then in effect, subject to earlier termination in connection with the termination of the Executive's employment pursuant to Section 4 hereof. In the event that either party provides timely notice of non-renewal of the Agreement, but the Executive continues to provide services to the Employer as an employee following the expiration of the then Term, such post-expiration employment shall be deemed to be performed on an "at-will" basis and either party may thereafter terminate such employment with or without notice and for any or no reason and without any obligations determined by reference to this Agreement. View More

Term. The term of this Agreement shall be month-to-month, commencing on October 1, 2016 (the "Effective Date"). This Agreement will terminate upon Banyan's payment of a Success Fee to BEP as provided for in Section 3.

Term. The term of Executive's employment pursuant to this Agreement (the "Term") is for the one-year period commencing on the Effective Date and terminating on the first (1st) anniversary of the Effective Date (the "Initial Expiration Date"), or upon the date of earlier termination of employment pursuant to Section 8 of this Agreement. If not previously terminated, the Term shall automatically be extended for one additional year on the Initial Expiration Date and on each subsequent anniversary of the... Initial Expiration Date, unless either party elects not to so extend the Term by notifying the other party, in writing, of such election not less than 30 days prior to the last day of the Term as then in effect. View More

Term. The term of the Executive's employment under this Agreement will commence on the Effective Date, and end on the third anniversary of the Effective Date (the "Initial Term"), and thereafter shall continue from year to year for additional one-year terms (the "Additional Terms"), unless and until either party shall give notice of such party's intent to terminate not less than 60 days prior to the end of the then-current Initial Term or Additional Term, which termination shall be effective at the... expiration of said term, or until sooner terminated as hereinafter set forth. View More

Term. The term of this Agreement shall start on the Effective Date and end on the day preceding the second anniversary of the Effective Date (the "Initial Term"). The term of the Agreement will be automatically extended for successive additional twelve (12) month periods after the end of the Initial Term, unless terminated by the Company or the Executive by written notice to the other Party provided not later than twelve (12) months prior to the end of the Initial Term, or no later than ninety (90)... days prior to the end of any such successive 12 month term, subject to termination pursuant to Section 8 below (the "Term"). However, the provisions of Sections 5, 6 and 7 shall continue in force in accordance with the provisions therein and shall survive the expiration or termination of the Term and this Agreement. View More

Term. The term of this Agreement shall be from and after the date hereof through and including the earlier of (i) the date on which the Customer has fully satisfied its obligations to Bank pursuant to the terms and conditions of the Bank Credit Agreement and Bank has released its lien on the Bank collateral or (ii) the date on which Customer has satisfied its obligations to RCA pursuant to the terms of the RCA Purchase Agreement and Customer has terminated the RCA Purchase Agreement (the "Term").... Immediately upon the occurrence of (ii) in the preceding sentence, Bank (i) shall no longer be deemed to have released from the Bank Collateral its security interest in and lien on the Account Receivables and (ii) shall be permitted to file in each appropriate jurisdiction a UCC-1 financing statement or UCC-3 amendment evidencing the Account Receivables as Bank Collateral. In the event that the Customer has satisfied its obligations to RCA pursuant to the terms of the RCA Purchase Agreement, the Customer has terminated the RCA Purchase Agreement, RCA has received payment in full for all purchased Account Receivables and the Customer has not satisfied its obligations to Bank under the terms of the Bank Credit Agreement, then (i) this Agreement shall be deemed terminated, except as to any obligations due by RCA or Bank to the other under Section 6 hereof, and (ii) Bank shall no longer be deemed to have released from the Bank Collateral its security interest in and lien on the Account Receivables. View More

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

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

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