Term Contract Clauses (8,450)

Term. Executive will be employed for no specific term and until terminated pursuant to Section 5, below, of this Agreement. The Company and Executive shall each have a right to terminate this Agreement and Executive's employment as provided in Section 5. This Agreement may not be terminated without a related termination of Executive's employment.

Term. Unless terminated earlier as provided for in this Agreement, the term of this Agreement shall be for two years, commencing on the Effective Date and ending on April 8, 2016 (the "Term"). If the employment relationship is terminated by either Party, Employee agrees to cooperate with the Company and with the Company's new management with respect to the transition of the new management in the functions previously performed by Employee. Upon Employee's termination, Employee agrees to return to the C...ompany all Company documents (and all copies thereof), any other Company property in Employee's possession or control, and any materials of any kind that contain or embody any proprietary or confidential material of the Company. View More

Term. Waters shall serve as Director for an initial term commencing on April 1, 2015 ("Effective Date") and continuing for twelve (12) months from the Effective Date or until the next annual meeting of the Company's shareholders, whichever comes first. After this initial term, Waters shall serve at the pleasure of the Board or until the next shareholder meeting whereby an election is held pertaining to the Director position held by Waters, whichever comes first. Waters may voluntarily resign his posit...ion as Director at any time and without penalty or liability of any kind. View More

Term. Subject to Section 6, the Executive's employment will be for an initial term of two (2) years, from March 10, 2014 to March 9, 2016 (the "Initial Employment Term"). At the end of the Initial Employment Term and on each succeeding March 9th, the Employment Term will be automatically extended by one additional year (each, a "Renewal Term"), unless, not less than 60 days prior to the end of the Initial Employment Term or any Renewal Term, either the Executive or the Company has given the other writ...ten notice of nonrenewal. Without limiting the generality or effect of the foregoing, the Executive will, if applicable, provide the Company with written notice of the Executive's intent to terminate employment with the Company at least 60 days prior to the effective date of such termination. View More

Term. The Employee's term as President and CEO commenced on July 18, 2013. The Employee shall be an "at-will" employee of the Company whose employment may be terminated (by the Company or by the Employee) at any time, for any or no reason.

Term. The Company hereby employs the Executive and the Executive hereby accepts such employment for an initial term commencing as of January 1, 2014 (the "Effective Date") and ending on December 31, 2016, unless sooner terminated in accordance with the provisions of Section 4 (the period during which the Executive is employed hereunder being hereinafter referred to as the "Term"). The Term shall be subject to automatic one (1) year renewals unless notice of non-renewal is provided between the parties ...in accordance with the notice provisions of Section 7.4, as follows (if elected by the Executive or the Company, a "Non-Renewal"): (a) if elected by the Executive, the Executive will notify the Company of the Non-Renewal at least ninety (90) days prior to the end of any such Term, or (b) if elected by the Company, the Company will notify the Executive of the Non-Renewal at least one-hundred-eighty (180) days prior to the end of any such Term. View More

Term. The term of this Agreement shall commence on the Effective Date and, unless terminated earlier as provided below in Article 8, shall expire on the date on which no Valid Claim in a Licensed Patent is subsisting in any country in the Territory. Following expiration of this Agreement due to expiration of all Licensed Patents (but not for an earlier termination), University agrees that Company's non-exclusive license under the Know-How shall survive on a fully paid-up basis.

Term. This Agreement shall continue in effect until the maturity date set forth on Schedule A (the "Maturity Date"). On the Maturity Date or on any earlier effective date of termination of this Agreement, Borrower shall pay in cash all Obligations in full, whether or not such Obligations are otherwise then due and payable. No termination shall in any way affect or impair any security interest or other right or remedy of Bank, nor shall any such termination relieve Borrower of any obligation to Bank, u...ntil all of the Obligations have been paid and performed in full. View More

Term. The initial term of Advisor's engagement under this Agreement (the "Initial Term") shall commence on the Effective Date and, subject to the provisions of Section 6, shall continue until December 31, 2014. The Initial Term and any subsequent one year term (each a "Term") shall automatically be extended on an annual basis unless a Notice of Intent to Terminate is given by either party at least 90 days before the end of the applicable Term.

Term. This Agreement will become effective on the Effective Date and continue in effect for a period of successive one-year terms, unless at least ninety (90) days before the end of any such one-year term, the Company gives notice to Executive that the Agreement will not be renewed, in which case the Agreement will expire at the end of the then current term. Notwithstanding the foregoing, (1) if a Covered Termination occurs while the Agreement is effective, the Agreement will continue in effect until ...such time as Executive has received all of the payments and benefits to which he is entitled hereunder, and (2) upon a Change in Control, if this Agreement is still effective, the Agreement will automatically renew for a period of one year beginning on the effective date of the Change in Control, and will automatically renew for one-year terms thereafter unless the Company or any Successor provides a notice of non-renewal within the time periods described above. View More