Term Contract Clauses (29,512)
Grouped Into 454 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. A. Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same from Landlord, for an "Initial Term" beginning 7/1/2014 and ending 6/30/2019. Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent shall abate for the period of delay. Tenant shall make no other claim against Landlord for any such delay. B. Tenant may renew the Lease for one
... extended term of 5 years. Tenant shall exercise such renewal option, if at all, by giving written notice to Landlord not less than ninety (90) days prior to the expiration of the Initial Term. The renewal term shall be at the rental set forth below and otherwise upon the same covenants, conditions and provisions as provided in this Lease.
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Term. A. Landlord hereby leases the Leased Premises
"as-is" to Tenant, and Tenant hereby leases
and accepts the same from
Landlord, Landlord "as-is", for an "Initial Term" beginning
7/1/2014 December 1, 2015 and ending
6/30/2019. November 30, 2020. Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent shall abate for the period of delay. Tenant shall make no other claim
... against Landlord for any such delay. B. Tenant may renew the Lease for one extended term of 5 five (5) years. Tenant shall exercise such renewal option, if at all, by giving written notice to Landlord not less than ninety (90) one hundred fifty (150) days prior to the expiration of the Initial Term. The renewal term shall be at the rental set forth below and otherwise upon the same covenants, conditions and provisions as provided in this Lease.
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Term. A. Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same from Landlord, for an "Initial Term" beginning
7/1/2014 February 1, 2007 and ending
6/30/2019. January 31, 2012. Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent shall abate for the period of delay. Tenant shall make no other claim against Landlord for any such delay. B.
... Tenant may renew the Lease for one extended term of 5 years. two, five (5) year terms. Tenant shall exercise such renewal option, if at all, by giving written notice to Landlord not less than ninety (90) days prior to the expiration of the Initial Term. The renewal term shall be at the rental set forth below and otherwise upon the same covenants, conditions and provisions as provided in this Lease.
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Term. A.
Landlord LANDLORD hereby leases the Leased Premises to
Tenant, TENANT, and
Tenant TENANT hereby leases the same from
Landlord, LANDLORD, for an "Initial Term" beginning
7/1/2014 June 1, 2014 and ending
6/30/2019. Landlord May 31, 2019. LANDLORD shall use its best efforts to give
Tenant TENANT possession as nearly as possible at the beginning of the Lease term. If
Landlord LANDLORD is unable to timely provide the Leased Premises, rent shall abate for the period of delay.
Tenant TENANT shall
... make no other claim against Landlord LANDLORD for any such delay. B. Tenant may renew the Lease for one extended term of 5 years. Tenant shall exercise such renewal option, if at all, by giving written notice to Landlord not less than ninety (90) days prior to the expiration of the Initial Term. The renewal term shall be at the rental set forth below and otherwise upon the same covenants, conditions and provisions as provided in this Lease.
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Term. The expiration date of the term of the Lease is hereby extended through the Extended Expiration Date. Tenant's occupancy of the Premises through the Extended Expiration Date shall be on an "as-is" basis and Landlord shall have no obligation to provide any tenant improvement allowance or to make any alterations to the Premises.
Term. The
expiration date of the term Term of the Lease is hereby extended
with respect to the entire Premises through the
Extended Eighth Amendment Expiration Date. Tenant's occupancy of the Premises through the
Extended Eighth Amendment Expiration Date shall be on an "as-is" basis and Landlord shall have no obligation to provide any tenant improvement allowance or
to make any alterations to the Premises.
Tenant has no right to extend the Term of the Lease beyond the Eighth Expansion Premises... Commencement Date.
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Term. The expiration date of the term of the Lease is hereby extended through the
Extended First Amendment Expiration Date. Tenant's occupancy of the Premises through the
Extended First Amendment Expiration Date shall be on an "as-is" basis and Landlord shall have no obligation to provide any tenant improvement allowance or to make any alterations to the Premises.
Term. The
expiration date of the term Term of the Lease is hereby extended through the Extended Expiration Date.
Tenant has accepted and occupies the Premises and Tenant's
continued occupancy of the Premises through the Extended Expiration Date shall be on an "as-is"
basis basis, subject to the terms and
conditions of the Lease, and, except as expressly provided in Section 3 below, Landlord shall have no obligation to provide any tenant improvement allowance or
to make any
improvements or alterations
... to the Premises.
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Term. The term of this Agreement shall commence upon execution, and your employment shall commence on July 1, 2016. The Associate understands and acknowledges that employment is "at will" and is terminable at any time at the will of Benefitfocus or the Associate, notwithstanding any other provisions of this Agreement, including Section 19 hereof. This Agreement shall remain in force until terminated at the will of either party or as described in Section 19 of this Agreement.
Term. The term of this Agreement shall commence upon execution, and
your Associate's employment shall commence on July
1, 2016. 22, 2019. The Associate understands and acknowledges that employment is "at will" and is terminable at any time at the will of Benefitfocus or the Associate, notwithstanding any other provisions of this Agreement, including Section 19 hereof. This Agreement shall remain in force until terminated at the will of either party or as described in Section 19 of this Agreement.
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Term. Subject to termination of Employee's employment pursuant to Section 7 below, the initial term of Employee's employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it shall give the other party written notice of its intent to
... cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. The term of Employee's employment under this Agreement shall be defined as the "Term." 3. Position and Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company's Executive Vice President and Chief Administrative and Legal Officer and undertake such additional duties as provided in Section 3.02 below. 1 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company's Chairman, Vice Chairman or Board of Directors may, from time to time, direct that Employee assist and provide services to one or more other entities (the "Affiliates") directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of the Company on the date hereof, or their successors, heirs, beneficiaries or assigns ("Adams"). Employee's duties shall be performed in Lincolnshire, Illinois. Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company's Board of Governors, significantly interfere with the performance of Employee's duties hereunder.
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Term. Subject to termination of Employee's employment pursuant to Section 7 below,
this Agreement shall be effective as of the
initial term of Effective Date and Employee's employment hereunder shall be for a period of five (5) years commencing as of the
date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it... shall give the other party written notice of its intent to cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. Effective Date. The term of Employee's employment under this Agreement shall be defined as the "Term." 3. Position and Position, Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company's Executive Vice President of Operations and Chief Administrative and Legal Financial Officer and undertake such other or additional duties as provided in Section 3.02 below. 1 may be directed by the Board of Governors or Chief Executive Officer. 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee Company, its direct and indirect subsidiaries and certain Affiliates (as defined below) of the Company. Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company's Chairman, Vice Chairman or Board of Directors Governors or Chief Executive Officer may, from time to time, direct that Employee assist and provide services to one or more other entities (the "Affiliates") directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of by, or under common ownership or control with, the Company on the date hereof, or their successors, heirs, beneficiaries or assigns ("Adams"). Employee's duties shall be performed in Lincolnshire, Illinois. ("Affiliates"). Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. 1 Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company's Board of Governors, significantly interfere with the performance of or create a potential conflict with Employee's duties hereunder.
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Term. The term ("Term") of this Advisory Council Agreement (the Agreement") shall commence on January 28, 2013 (the "Effective Date") and be in full force and effect until terminated according to Paragraph 8.
Term. The term ("Term") of this Advisory Council Agreement (the Agreement") shall commence on January
28, 30th, 2013 (the "Effective Date") and be in full force and effect until terminated according to Paragraph 8.
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Term. The term of this Agreement shall commence on the Effective Date and shall continue for a period of three (3) years ending on the third anniversary of the Effective Date or, if later, ending on the last day of any extension made pursuant to the next sentence, subject to prior termination as set forth in Section 8 (such term, including any extensions pursuant to the next sentence, the "Employment Term"). The Employment Term shall be extended automatically for one (1) additional year on the first
... anniversary of the Effective Date and for an additional year each anniversary thereafter unless and until either party gives written notice to the other not to extend the Employment Term before such extension would be effectuated. Notwithstanding any termination of the Employment Term or the Employee's employment, the Employee and the Company agree that Sections 8 through 10 shall remain in effect until all parties' obligations and benefits are satisfied thereunder.
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Term. The term of this Agreement shall commence on the Effective Date and shall continue for a period of three (3) years ending on the third anniversary of the Effective Date or, if later, ending on the last day of any extension made pursuant to the next sentence, subject to prior termination as set forth in Section 8 (such term, including any extensions pursuant to the next sentence, the "Employment Term"). The Employment
Term Te1m shall be extended automatically for one (1) additional year on the
... first anniversary of the Effective Date and for an additional year each anniversary thereafter unless and until either party gives written notice to the other not to extend the Employment Term before such extension would be effectuated. Notwithstanding any termination on substantially similar terms, at least ninety (90) days prior to the conclusion of the then-cu11'ent Employment Term or the Employee's employment, the Employee and the Company agree that Sections 8 through 10 shall remain in effect until all parties' obligations and benefits are satisfied thereunder. Term.
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Term. The term of this Agreement shall commence on the Effective Date and shall continue for a period of three (3) years ending on the third anniversary of the Effective Date or, if later, ending on the last day of any extension made pursuant to the next sentence, subject to prior termination as set forth in Section 8 (such term, including any extensions pursuant to the next sentence, the "Employment Term"). The Employment Term shall be extended automatically for one (1) additional year on the
first second anniversary of the Effective Date and for an additional year each anniversary thereafter unless and until either party gives written notice to the other not to extend the Employment Term
before such extension would be effectuated. Notwithstanding any termination on substantially similar terms, at least ninety (90) days prior to the conclusion of the
then-current Employment
Term or the Employee's employment, the Employee and the Company agree that Sections 8 through 10 shall remain in effect until all parties' obligations and benefits are satisfied thereunder. Term.
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Term. The term of this Agreement (the "Term") shall commence on the date hereof and shall continue until terminated by either party on written notice to the other party, such termination to become effective ten (10) days from the date of the notice; provided, however, that this Agreement may be terminated by Company on such shorter notice as may be required for Company to comply with applicable law, regulations, the requirements of any financial institution with a security or other interest in the
... Aircraft, insurance requirements, or in the event the insurance required hereunder is not in full force and effect. This Agreement also shall terminate automatically on the date Executive ceases to serve as Company's Chief Executive Officer. Notwithstanding the foregoing, any provisions directly or indirectly related to Executive's payment obligations for flights completed prior to the date of termination and the limitation of liability provisions in Section 9 shall survive the termination of this Agreement.
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Term.
The term of this 3.1 Term. This Agreement
(the "Term") shall commence on the
date hereof Effective Date and shall continue until terminated
by either pursuant to Section 3.2 (Termination) of this Agreement. 3.2 Termination. 3.2.1 Each party
shall have the right to terminate this Agreement at any time with or without cause on
ten (10) days' written notice to the other
party, such termination to become effective ten (10) days from the date of the notice; party; provided, however, that this
... Agreement may be terminated by the Company on such shorter notice as may be required for the Company to comply with applicable law, Applicable Law, regulations, the requirements of any financial institution with a security or other interest in the Aircraft, insurance requirements, or in the event the insurance required hereunder is not in full force and effect. This effect.3.2.2 In the event that the Executive no longer serves as Chief Executive Officer of the General Partner, the Agreement also shall terminate automatically on concurrent with the date Executive ceases to serve as Company's Executive's departure from the role of Chief Executive Officer. Officer of the General Partner.3.2.3 Notwithstanding the foregoing, any provisions directly or indirectly related to the Executive's payment obligations for flights completed prior to the date of termination and the limitation of liability provisions in Section 9 20 (Limitation of Liability) shall survive the termination of this Agreement.
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Term. The term of this Agreement (the "Term") shall commence on the date hereof and shall continue until terminated by either party on written notice to the other party, such termination to become effective
ten (10) 30 days from the date of the
notice; provided, however, notice, provided that this Agreement may be terminated by
Company Operator on such shorter notice as may be required for
Company Operator to comply with applicable law, regulations, the requirements of any financial institution with
... a security or other interest in the Aircraft, insurance requirements, or in the event the insurance required hereunder is not in full force and effect. This Agreement also shall terminate automatically on the date Executive ceases to serve as Company's Chief Executive Officer. Notwithstanding the foregoing, any provisions directly or indirectly related to Executive's User's payment obligations for flights completed prior to the date of termination and the limitation of liability provisions in Section 9 shall survive the termination of this Agreement.
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Term. The term of this Agreement (the "Term") shall commence on the date hereof and shall continue until terminated by either party on written notice to the other party, such termination to become effective
ten (10) 30 days from the date of the
notice; provided, however, notice, provided that this Agreement may be terminated
by Company on such shorter notice as may be required
for Company to comply with applicable law, regulations, the requirements of any financial institution with a security or
... other interest in the Aircraft, insurance requirements, or in the event the insurance required hereunder is not in full force and effect. This Agreement also shall terminate automatically on immediately in the date Executive ceases to serve as Company's event that User is no longer the Chief Executive Officer. Officer of American Express Company. Notwithstanding the foregoing, any provisions directly or indirectly related to Executive's User's payment obligations for flights completed prior to the date of termination and the limitation of liability provisions in Section 9 10 shall survive the termination of this Agreement.
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending one (1) year thereafter, there shall be an option for two (2) additional 1 year terms subject to the written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually agreed upon extension, is hereafter referred
... to as "the term of this Agreement" or "the term hereof." The date of termination of the Executive's employment hereunder is hereinafter referred to as the "Date of Termination."
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending
one (1) year five (5) years thereafter,
there which term shall
only be
an option for two (2) additional 1 year terms subject to the extended by written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually
... agreed upon extension, is hereafter referred to as "the term of this Agreement" or "the term hereof." The date of termination of the Executive's employment hereunder is hereinafter referred to as the "Date of Termination."
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Term. Subject to earlier termination as hereafter provided, the Executive shall be employed hereunder for a term commencing on the Effective Date and ending
one (1) year three (3) years thereafter,
there which term shall
only be
an option for two (2) additional 1 year terms subject to the extended by written agreement of the parties; it being agreed, however, that neither party is obligated to agree to an extension. The term of the Executive's employment under this Agreement, including any mutually
... agreed upon extension, is hereafter referred to as "the term of this Agreement" or "the term hereof." The date of termination of the Executive's employment hereunder is hereinafter referred to as the "Date of Termination."
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Term. The term of this Agreement shall commence on the Effective Date and shall end on November 22, 2022 (the "Term End Date"), unless terminated earlier pursuant to the provisions of Section 6 or extended in accordance with Section 6(e)(v) (as applicable, the "Term").
Term. The term of this Agreement shall commence on the Effective Date and shall end on
November 22, March 5, 2022 (the "Term End Date"), unless terminated earlier pursuant to the provisions of Section 6 or extended in accordance with Section 6(e)(v) (as applicable, the "Term").
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Term. (a) The term of Executive's employment under this Agreement shall be effective on July 1, 2020 (the "Effective Date"), and shall continue until June 30, 2023 (the "Initial Expiration Date"), provided that on the Initial Expiration Date and each subsequent anniversary of the Initial Expiration Date, the term of Executive's employment under this Agreement shall be automatically extended for one additional year unless either party provides written notice to the other party at least 180 days prior
... to the Initial Expiration Date (or any such anniversary, as applicable) that Executive's employment hereunder shall not be so extended (in which case Executive's employment and this Agreement shall terminate on the Initial Expiration Date or expiration of the extended term, as applicable); provided, however, that Executive's employment and this Agreement may be terminated at any time pursuant to the provisions of Section 4. The period of time from the Effective Date through the termination of this Agreement and Executive's employment hereunder pursuant to its terms is herein referred to as the "Term"; and the date on which the Term is scheduled to expire (i.e., the Initial Expiration Date or the scheduled expiration of the extended term, if applicable) is herein referred to as the "Expiration Date". (b) Executive agrees and acknowledges that the Company has no obligation to extend the Term or to continue Executive's employment following the Expiration Date, and Executive expressly acknowledges that no promises or understandings to the contrary have been made or reached. Executive also agrees and acknowledges that, should Executive and the Company choose to continue Executive's employment for any period of time following the Expiration Date without extending the term of Executive's employment under this Agreement or entering into a new written employment agreement, Executive's employment with the Company shall be "at will", such that the Company may terminate Executive's employment at any time, with or without reason and with or without notice, and Executive may resign at any time, with or without reason and with or without notice. (c) For purposes of this Agreement, the following terms, as used herein, shall have the definitions set forth below. "Affiliate" means, with respect to any specified Person, any other Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such specified Person, provided that, in any event, any business in which the Company has any direct or indirect ownership interest shall be treated as an Affiliate of the Company. "Change in Control" has the meaning set forth in the Plan. "Control" (including, with correlative meanings, the terms "Controlled by" and "under common Control with"), as used with respect to any Person, means the direct or indirect possession of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by contract or otherwise. "Governmental Entity" means any national, state, county, local, municipal or other government or any court of competent jurisdiction, administrative agency or commission or other governmental authority or instrumentality. "Person" means any individual, firm, corporation, partnership, limited liability company, trust, joint venture, association, Governmental Entity, unincorporated entity or other entity. "Plan" means the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan.
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Term. (a) The term of Executive's employment under this Agreement shall be effective on
July 1, 2020 the Closing (the "Effective Date"), and shall continue until
June 30, 2023 the third (3rd) anniversary thereof (the "Initial Expiration Date"), provided that on the Initial Expiration Date and each subsequent anniversary of the Initial Expiration Date, the term of Executive's employment under this Agreement shall be automatically extended for one additional year unless either party provides written
... notice to the other party at .at least 180 ninety (90) days prior to the Initial Expiration Date (or any such anniversary, as applicable) that Executive's employment hereunder shall not be so extended (in which case Executive's employment and this Agreement shall terminate on the Initial Expiration Date or expiration of the extended term, as applicable); provided, however, that Executive's employment and this Agreement may be terminated earlier at any time pursuant to the provisions of Section 4. 4; provided, further, that this Agreement shall be null and void ab initio and of no further force or effect if the Merger Agreement is terminated prior to the Closing or if the Closing does not occur. The period of time from the Effective Date through the termination of this Agreement and Executive's employment hereunder pursuant to its terms is herein referred to as the "Term"; and the date on which the Term is scheduled to expire (i.e., the Initial Expiration Date or the scheduled expiration of the extended term, if applicable) is herein referred to as the "Expiration Date". (b) Executive agrees and acknowledges that the Company has no obligation to extend the Term or to continue Executive's employment following the Expiration Date, and Executive expressly acknowledges that no promises or understandings to the contrary have been made or reached. Executive Executive. also agrees and acknowledges that, should Executive and the Company choose to continue Executive's employment for any period of time following the Expiration Date without extending the term of Executive's employment under this Agreement or entering into a new written employment agreement, Executive's employment with the Company shall be "at will", such that the Company may terminate Executive's employment at any time, with or without reason and with or without notice, and Executive may resign at any time, with or without reason and with or without notice. (c) For purposes of this Agreement, the following terms, as used herein, shall have the definitions set forth below. "Affiliate" means, with respect to any specified Person, any other Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such specified Person, provided that, in any event, any business in which the Company has any direct or indirect ownership interest shall be treated as an Affiliate of the Company. "Change in Control" has the meaning set forth in the Plan. "Control" (including, with correlative meanings, the terms "Controlled by" and "under common Control with"), as used with respect to any Person, means the direct or indirect possession of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by contract or otherwise. "Governmental Entity" means any national, state, county, local, municipal or other government or any court of competent jurisdiction, administrative agency or commission or other governmental authority or instrumentality. "Person" means any individual, firm, corporation, partnership, limited liability company, trust, joint join venture, association, Governmental Entity, unincorporated entity or other entity. "Plan" means the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan.
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Term. (a) The term of Executive's employment under this Agreement shall
be effective commence on
July December 1,
2020 2017 (the "Effective Date"),
subject to Executive reporting to work on such date, and shall continue until
June 30, 2023 December 31, 2020 (the
"Initial Expiration Date"), provided that on the Initial Expiration Date and each subsequent anniversary of the Initial Expiration Date, the term of Executive's employment under this Agreement shall be automatically extended for one... additional year unless either party provides written notice to the other party at least 180 days prior to the Initial Expiration Date (or any such anniversary, as applicable) that Executive's employment hereunder shall not be so extended (in which case Executive's employment and this Agreement shall terminate on the Initial Expiration Date or expiration of the extended term, as applicable); "Expiration Date"); provided, however, that Executive's employment and under this Agreement may be terminated at any time pursuant to the provisions of Section 4. The period of time from the Effective Date through the termination of this Agreement and Executive's employment hereunder pursuant to its terms is herein referred to as the "Term"; and "Term." If, prior to the date on which Expiration Date, the Term is scheduled Company delivers notice to expire (i.e., the Initial Expiration Date or the scheduled expiration Executive of the extended term, if applicable) is herein referred Company's intent to as negotiate the "Expiration Date". renewal of this Agreement, Executive agrees to negotiate with the Company on an exclusive, good-faith basis concerning such renewal until the thirty-day anniversary of Executive's receipt of such notice. (b) Executive agrees and acknowledges that the Company has no obligation to extend the Term or to continue Executive's employment following the Expiration Date, and Executive expressly acknowledges that no promises or understandings to the contrary have been made or reached. Executive also agrees and acknowledges that, should Executive and the Company choose to continue Executive's employment for any period of time following the Expiration Date without extending the term of Executive's employment under this Agreement or entering into a new written employment agreement, Executive's employment with the Company shall be "at will", such that the Company may terminate Executive's employment at any time, with or without reason and with or without notice, and Executive may resign at any time, with or without reason and with or without notice. (c) For purposes of this Agreement, the following terms, as used herein, shall have the definitions set forth below. "Affiliate" means, with respect to any specified Person, any other Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such specified Person, provided that, in any event, any business in which the Company has any direct or indirect ownership interest shall be treated as an Affiliate of the Company. "Change in Control" has the meaning set forth in the Plan. "Control" (including, with correlative meanings, the terms "Controlled by" and "under common Control with"), as used with respect to any Person, means the direct or indirect possession of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by contract or otherwise. "Governmental Entity" means any national, state, county, local, municipal or other government or any court of competent jurisdiction, administrative agency or commission or other governmental authority or instrumentality. "Person" means any individual, firm, corporation, partnership, limited liability company, trust, joint venture, association, Governmental Entity, unincorporated entity or other entity. "Plan" means the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan.
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