Grouped Into 443 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. 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.
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 su...ch 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
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, t...hat, 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
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.
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").
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 wr...iting, 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
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 agree...ment 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
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. (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
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 ter...minated 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. 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 emp...loyment 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
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"). Imme...diately 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 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 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 "T...erm"). Immediately upon the occurrence of (ii) the event described in the preceding sentence, foregoing clause "(ii)," the Bank's security interest and lien in the Specified Accounts shall automatically attach and Bank (i) (a) shall no longer be deemed to have released from the Bank Collateral its security interest in and lien on the Account Specified Accounts 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 take any and all such action as Bank Collateral. shall deem necessary and appropriate to evidence Bank's first priority perfected security interest in such Specified Accounts, including without limitation the filing of UCC financing statements. 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 Specified Accounts Receivable 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 7 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. Specified Accounts Receivable. 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) da...ys 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 start on the Effective Date date hereof (the "Effective Date") and end on the day preceding the second first anniversary of the Effective Date (the "Initial Term"). The term of the Agreement will shall be automatically extended for successive an additional twelve (12) month periods months 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) thirty (30) days prior to the end of any such successive 12 month term, Initial 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 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 ex...piration of said term, or until sooner terminated as hereinafter set forth.View More
Term. The term of the Executive's employment under this Agreement will commence on the Effective Date, no later than April 15, 2011, and end on the third anniversary of the Effective Date December 31, 2013 (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