Term Contract Clauses (29,524)

Term. You may not exercise your Option after its term expires. Subject to the provisions of the Plan and this Agreement, you may exercise all or any part of the vested portion of your Option at any time prior to the earliest to occur of: (a) the date on which you breach any of the restrictive covenants set forth in Section 15 below; (b) the date on which your service with the Company and its Affiliates is terminated by the Company or its Affiliates on account of either: (i) conviction of any felony... involving moral turpitude or affecting the Company or its Affiliates; (ii) any refusal to carry out a reasonable directive of the Chief Executive Officer of the Company or the Board which is related to the business of the Company or its Affiliates and may be lawfully performed; (iii) embezzlement of funds or assets of the Company or its Affiliates; (iv) material breach of the Participant's fiduciary duties or duty of care to the Company or its Affiliates, including without limitation disclosure of confidential information of the Company or its Affiliates or breach of non-competition or non-use obligations; (v) any conduct (other than conduct in good faith) reasonably determined by the Board to be materially detrimental to the Company or its Affiliates; or (vi) breach of a material provision in his employment agreement which has not been corrected within 15 days of written notice ("Cause"); (c) one hundred eighty (180) days after your service with the Company and its Affiliates is terminated on or after age 65 with at least 5 years of continuous service at a time when your employment could not have been terminated for Cause; (d) twelve (12) months after your service with the Company and its Affiliates is terminated due to your death or your complete and permanent inability, due to illness or injury, to perform your normal duties, in each case as determined by the Board based on medical evidence acceptable to it; (e) ninety (90) days after your service with the Company and its Affiliates is terminated by you or by the Company or its Affiliates for reason other than as set forth in Section 5(b), Section 5(c) and Section 5(d) of the Stock Option Agreement; or (f) the Expiration Date indicated in the Grant Notice. View More

Term. (a) The term of this Agreement shall commence on the date hereof and, unless terminated earlier in accordance with Section 12, expire on the latest end date specified in Exhibit 1 (the "Term"). Thereafter, if WIN desires and CSL agrees to continue to perform any of the Services after the Term has expired, the parties shall negotiate in good faith to determine an amount that compensates CSL for all of its costs for such performance. The Services so performed by CSL after the expiration of the... Term shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period. (b) CSL shall (or shall cause its Affiliates to) provide each Service for the period commencing on the date hereof and ending on the earlier to occur of (i) the expiration of the Term, (ii) the Parties mutually agree in writing that such Service is no longer required to be provided by CSL or its Affiliates, or (iii) the date upon which the trigger event for termination occurs for such Service as set forth in the Services Attachment, subject to earlier termination of this Agreement or termination of all or a portion of the Services, as set forth in Section 12 hereof. 3 Notwithstanding the foregoing, WIN shall (and shall cause its Affiliates to) use commercially reasonable efforts to transition the Services to another, non-transitional provider as quickly as practicable or, as applicable, to cause WIN and/or its Affiliates to provide the Services. View More

Term. This Agreement shall be effective for a term commencing on the date hereof and, subject to termination under Section 5, expiring on December 31, 2014 (the "Employment Period"). Notwithstanding the previous sentence, this Agreement, the Employment Period and the employment of the Employee hereunder shall be automatically extended for successive one year periods upon the terms and conditions set forth herein, with the first such automatic extension occurring on December 31, 2014, and on each... December 31st thereafter, unless either party to this Agreement gives the other party written notice (in accordance with Section 14) within the ninety (90) day period prior to December 31, 2014 (or the relevant December 31st thereafter, as applicable) of such party's intention that the Employment Period shall expire at the close of business on the last day of the then current Employment Period, whereupon, unless earlier terminated in accordance with the provisions of this Agreement, the Employment Period shall expire and this Agreement shall cease to have any further force or effect in respect of any period thereafter. For purposes of this Agreement, any reference to the "term" of this Agreement shall include the original term and any extension thereof. View More

Term. The term of this Agreement commenced on September 1, 2014, and shall continue in full force and effect through the earlier of completion of the Contractor's duties under this Agreement or August 31, 2015, (the "Term"). The Agreement may only be extended thereafter by mutual written agreement.

Term. Unless otherwise specified on Exhibit 3 attached hereto, if any (the absence of such exhibit indicating that no such exhibit was intended), this ISO shall expire as provided in Section 6.1.12 of the Plan.

Term. The initial term of Executive's employment by the Bank under this Agreement shall terminate on December 31, 2010 (the "Employment Period"); provided, however, that commencing on January 1, 2011, and on each anniversary of such date (each a "Renewal Date"), the Employment Period shall be automatically extended so as to terminate one (1) year from such Renewal Date. If, at least ninety (90) days prior to any Renewal Date, the Bank gives Executive notice that the Employment Period will not be so... extended, this Agreement will continue for the remainder of the then current Employment Period and then expire. The Employment Period may be sooner terminated under Section 6 of this Agreement. View More

Term. This Agreement shall continue in effect so long as the Loan Agreement remains in effect with respect to the Secured Obligations, unless this Agreement has been previously terminated in accordance with Section 7 hereof.

Term. The Executive's employment under this Agreement shall commence on the Effective Date. The period from the Effective Date until the first to occur of (i) the three (3) year anniversary of the Effective Date, (ii) the termination of the Executive's employment under this Agreement, or (iii) the termination of this Agreement, pursuant to the terms hereof, is hereinafter referred to as the "Term" or "the term of this Agreement" or "the term hereof." The Company shall have the right to extend the... Term at the end of the 3 years upon acceptance by the Executive. 2 3. Compensation. 3.1 Base Salary. During the Term, the Executive's base salary (the "Base Salary") shall be paid in accordance with the Company's regular payroll practices in effect from time to time, but not less frequently than in monthly installments. Starting with the first day of Executive's employment, the Executive's Base Salary shall be paid at a monthly rate as follows: (i) if net sales generated by the Company are less than $50,000 and net profit margin on the aggregate sales is less than 35%, no Base Salary is payable; (ii) if net sales generated by the Company are $50,000 or more but less than $75,000 and net profit margin on the aggregate sales is less than 35%, the Base Salary shall be $6,000; (iii) if net sales generated by the Company are $75,000 or more but less than $100,000 and net profit margin on the aggregate sales is less than 35%, the Base Salary shall be $9,000; and (iv) if net sales generated by the Company are $100,000 or more and net profit margin on the aggregate sales is less than 35%, the Base Salary shall be $15,000. Net sales generated by the Company shall include all types of amniotic contained products, all hard goods such as centrifuges, freezers, stem kit products and cell-based products. Although the Base Salary shall be computed on a monthly basis, Base Salary is due and payable bi-monthly to the Executive. 3.2 Incentive Bonus. During the Term, the Executive shall be eligible to earn a performance incentive bonus as determined by the Board in its sole and absolute discretion. Within thirty days of the execution and delivery of the Agreement, Public Parent shall issue to the Executive 12,500 restricted shares of common stock. 3 4. Benefits. 4.1 Retirement, Welfare and Fringe Benefits. During the term hereof, the Executive shall be eligible to participate in all employee welfare benefit plans and programs made available by the Company to the Company's similarly situated employees generally, in accordance with the terms of such plans and as such plans or programs may be in effect from time to time. 4.2 Reimbursement of Business Expenses. During the term hereof, the Executive shall be authorized to incur reasonable expenses in carrying out the Executive's duties for the Company under this Agreement and shall be eligible for reimbursement of all reasonable business expenses the Executive incurs during the term hereof in connection with carrying out the Executive's duties for the Company, subject to the Company's expense reimbursement policies as in effect from time to time. 4.3 Vacation and Other Leave. During the term hereof, the Executive's annual rate of vacation accrual shall be three (3) weeks per year; provided that such vacation shall accrue and be subject to the Company's vacation policies as in effect from time to time to the extent applicable to Florida-based employees. The Executive shall also be eligible for all other holiday and leave pay generally available to other similarly situated employees of the Company. The Executive acknowledges and agrees that the Company has the right, which may be exercised from time-to-time, to revise its vacation policies and all other holiday and leave pay policies. View More

Term. The term of this Agreement shall be for a period of eighteen (18) months commencing as of the Effective Date and ending eighteen (18) months after the Employment Termination Date ("Expiration Date"), unless terminated earlier in accordance with Section 3 (the "Term").

Term. The term of your employment under this Agreement (the "Term") will begin May 17, 2015 and will continue, subject to the termination provisions set forth in paragraph 5 below, until April 30, 2018. The Term shall automatically renew for successive one-year periods thereafter unless the Trust gives you written notice 90 days prior to the end of the then-current Term of its intent to allow the Term to expire. Upon the termination of your employment, you will be entitled to the termination benefits... set forth in paragraph 6 below. The Trust's election not to renew the Term, following a Change in Control that occurs no more than 12 months prior to the expiration of such Term, shall be treated as a termination of your employment without Cause within twelve months following a Change in Control for purposes of paragraph 6(d). You shall have the right to terminate your employment with the Trust with Good Reason (as defined below) or for any reason at any time during the Term. View More