Term Contract Clauses (29,524)

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

Term. Subject to the provisions of Section 5, this Agreement will have an initial term which will expire on the three-year anniversary of the Effective Date (the "Initial Term"). On the last day of the Initial Term and each year thereafter, the Agreement will automatically renew for an additional successive one-year term as of the date thereof (each, a "Renewal Term") unless any party provides the other party with written notice of non-renewal at least 90 days prior to the date of automatic renewal,... in which case the Agreement will expire at the end of the Initial Term or Renewal Term, as applicable. Non-renewal at the end of the Initial Term or a Renewal Term will not constitute termination without Cause under the Agreement or entitle Executive to severance set forth in Section 5(b)(ii) or Section 5(b)(iii), as applicable, although if a Potential Change of Control Date has occurred prior to the expiration of this Agreement, the Agreement shall remain in effect until the earliest of: (a) the end of the Change of Control Period, if a Change of Control has been completed, so long as all payments due have been made; or (b) 12 months after the Potential Change of Control Date if no Change of Control has been completed; provided, however, that in the event of a protracted regulatory clearance process with respect to a potential Change of Control, such term shall be extended so long as the Company is pursuing the potential Change of Control in good faith. View More

Term. This Employment Agreement shall have a continuous term until terminated as provided in Section 4.

Term. The term of Executive's employment under this Agreement shall be deemed to have commenced as of the Effective Date and shall continue for four (4) years after the Effective Date unless terminated in accordance with Paragraph 13 of this Agreement (the "Term"). 3 4. Compensation. For all services to be rendered by Executive for Rubicon during the Term, the Company shall pay Executive an initial base salary of Six Hundred Fifty Thousand Dollars and Zero Cents ($650,000.00) per year (the "Base... Salary"), less applicable deductions and withholdings, payable in substantially equal monthly or more frequent installments as is customary under the Company's normal payroll practices from time to time for its senior management employees. The Company shall review Executive's Base Salary no less frequently than annually and shall increase Executive's Base Salary, by no less than fifteen percent (15%) annually, retroactive to January 1st of each year during the Term, after taking into account such factors as the Company deems relevant including, without limitation, changes in the cost of living, Executive's performance, and the performance of the Company. View More

Term. This Agreement shall continue for a term commencing on the Effective Date and ending on the first anniversary of the Effective Date (the "Term"). On each annual anniversary of the Effective Date (each an "Anniversary Date") this Agreement shall automatically renew for an additional year (each succeeding one year period shall also be referred to herein as the "Term"), unless at least thirty (30) days prior to such Anniversary Date, either party gives written notice of non-renewal to the other.... If such notice of non-renewal is given as permitted hereunder, the Agreement will expire at the conclusion of such Term. Notwithstanding any provision of this Agreement to the contrary, Executive's employment may be terminated at any time prior to the expiration of the Term, as provided in Section 2 hereof and subject to the provisions of this Agreement, including, without limitation, Sections 4, 5, 6, 9, 10, 11 and 12. Notwithstanding the foregoing, in the event that at any time during the Term of this Agreement, the Company or the Bank has entered into an agreement to effect a transaction which would be a Change in Control (as defined in Section 3 hereof), then the Term of this Agreement shall be automatically extended through the date that is twelve (12) months following the date on which the Change in Control occurs, provided, however, that if the Change in Control does not occur as contemplated, then the Agreement shall automatically renew on the next Anniversary Date, unless a notice of non-renewal is given by either party hereto in the manner set forth above. View More

Term. The term of this Agreement shall be a period of three years beginning on the Commencement Date, subject to earlier termination as provided herein. Beginning on the Agreement 2 Renewal Date, and on each subsequent Agreement Renewal Date, the term of this Agreement shall be extended for a period of one year in addition to the then-remaining term, provided that within the 90 day period ending on such Agreement Renewal Date, the Board of Directors does not inform the Employee in writing that the... Agreement will not be extended. Reference herein to the term of this Agreement shall refer to both such initial term and such extended terms. Notwithstanding anything herein to the contrary, this Agreement shall immediately terminate, and no payments shall be due hereunder, if: (a) no Involuntary Termination occurs with respect to the Employee prior to the effective date of a Change in Control, if there is a Change in Control Severance Agreement in effect between the Employee and the Bank, or (b) the Employee voluntarily terminates employment with the Bank for any reason that does not constitute an Involuntary Termination. View More

Term. Subject to and upon the terms and conditions set forth herein, or in any exhibit hereto, the term (together with any extensions or renewals thereof, the "Term") of this Lease shall commence on the Commencement Date (defined below) and shall expire one hundred eighty months (180) after the Commencement Date. "Commencement Date" shall mean the date Tenant begins its business operations in the Premises but in no event later than 30 days after Landlord completes Landlord's Work and delivers... possession of the Premises to Tenant by Landlord giving Tenant written notice. For purposes of clarification, immaterial "punch list" items identified by Tenant pursuant to Section 1(b) shall not affect the Commencement Date, unless they materially and adversely affect Tenant's ability to (i) operate its business in the Premises or (ii) complete Tenant's build out of the Premises. The Commencement Date shall be set forth in a Commencement Agreement, identical in the form to that attached hereto as Exhibit B and executed by Landlord and Tenant. 1 3. Use. The Premises are to be used and occupied solely for the purpose of providing banking and financial services and office space and for any other lawful use, but for no unlawful purpose. Tenant shall not use or allow the Premises to be used for any improper, immoral, disreputable or objectionable purpose, and Tenant shall not cause, maintain or permit any nuisance or waste in, on or about the Premises. Without limitation of the foregoing, in no event shall Tenant use or permit the use of all or any portion of the Premises (i) as and/or for sleeping quarters and/or lodging or (ii) for any unlawful purpose of any kind whatsoever and howsoever arising. View More