Term Contract Clauses (29,607)

Term. This Agreement shall be effective from 11/1/2019 ("the Commencement Date"), through employees' resignation and or unless amended by subsequent written agreement of the parties or terminated as provided herein. The Employee shall be considered a full-time employee as of the Commencement Date and will serve at the will of the Board of Directors. OTCQB: TNTY www.truenatureholding.com 3. Compensation. (a) Employee shall be paid an annual base salary of $250,000.00 payable in accordance with the... Employer's standard payroll procedures, with a performance and salary review to be conducted annually, at which time the Employee's salary shall be adjusted in accordance with applicable compensation policies. (b) In addition, Employee shall be eligible to receive a bonus target of 25% of base compensation based upon MBOs commencing fiscal year 2020, if approved by the Compensation Committee in its sole discretion. (c) The Employee agrees that their Compensation will accrue from the Commencement Date of this agreement until such time as the Company, as determined by the Board, has sufficient funding. (d) The Employee may receive certain grants of Restricted Common Stock, and those grants may be subject to certain vesting, or reverse vesting, conditions, including, but not limited to the tenure of the Employee, or achievement of certain objectives, as further defined in a Restricted Stock Grant Agreement, and generally under the terms as noted below: 1. Grant of Restricted Stock. True Nature Holding, Inc. (the "Company") hereby grants to Grantee an Award of shares of Restricted Common Stock of the Company (collectively, the "Restricted Stock") pursuant to reverse vesting terms. The Restricted Stock granted pursuant to the Award shall be immediately issued in an escrow account the name of the Grantee and released as reverse vesting expires. Any unearned Restricted Stock granted shall be cancelled in the event the Employee is terminated by the Employer. An initial grant of 1,000,000 of shares of restricted stock will be awarded with signature on this agreement. This award is in addition to all other shares owned , or granted by the Company. View More

Term. This Agreement commences on the effective date and will continue until December 31, 2022 (Initial Term). Thereafter, this Agreement automatically renews for successive 12-month periods (Renewal Term) unless terminated in accordance with the termination provisions set forth below.

Term. This Agreement shall commence on the Effective Date and shall continue until three (3) years following the consummation of the initial Public Offering (which was on April 21, 2014), subject to earlier termination as set forth in Section 5 below ("Initial Term"). The Agreement will automatically renew, subject to earlier termination as herein provided, for successive one (1) year periods (the "Additional Terms"), unless either Executive or the Company provides written notice of non-renewal at... least forty-five (45) days prior to the expiration of the Initial Term or the then Additional Term, whichever is applicable. The Initial Term and any Additional Term(s) shall be referred to collectively as the "Term." Notwithstanding the foregoing, and subject to earlier termination as herein provided, the presently-effective Additional Term of this Agreement shall continue through December 31, 2019, at which time it will be subject to expiration or renewal for a successive one (1) year Additional Term, as provided for in this section. View More

Term. The Executive's term of employment with the Company under this Agreement shall begin on the Effective Date and shall continue on an at-will basis until that employment ceases in accordance with Section 6 for any reason (the "Term").

Term. Unless otherwise terminated as provided in this Agreement, Executive's term of employment ("Term") shall commence on the Effective Date and shall continue for three years, until October 13, 2022; provided, that the Term shall be automatically extended for successive one-year periods thereafter, unless written Notice is given by either Party to the other Party at least 180 days prior to the last day of the then-existing initial or extended Term, of the Party's intent to terminate the Agreement... on the last day of that Term. View More

Term. The Company hereby agrees to employ the Executive, and the Executive hereby agrees to be employed by the Company, subject to and upon the terms and conditions set forth in this Agreement, for a term (the "Term") which shall commence on August 20, 2019 (the "Effective Date") and end at the end of the fiscal year of the Company ending in 2023. Absent any written agreement between the parties to extend the Term for a renewal term or other period ending at an agreed upon date or time subsequent to... the end of the fiscal year of the Company ending in 2023, the Term will end at the end of the fiscal year of the Company ending in 2023, currently expected to occur on March 26, 2023. View More

Term. This Agreement shall remain in effect until June 17, 2021, subject to earlier termination or extension as described below. The period from the Commencement Date until this Agreement shall have expired in accordance with this Section 3 or been terminated in accordance with Section 5 is hereafter referred to as "the term hereof" or "the term of this Agreement." The term hereof shall be extended automatically for an additional year as of June 17, 2021 and as of each subsequent annual anniversary... of such date (each such extension date is referred to herein as a "Renewal Date") unless at least one (1) year prior to any such Renewal Date either Party shall have given notice to the other Party that the term of this Agreement shall not be so extended. Notwithstanding any provision of this Agreement to the contrary, if a Change in Control occurs, the term of this Agreement shall be extended for a period of two (2) years after the date of the occurrence of the Change in Control or Potential Change in Control, and, if this Agreement does not terminate during such period, the last day of such extended term shall become the applicable Renewal Date. View More

Term. The term of the Executive's employment under the provisions of this Agreement shall be for a period commencing on the Effective Date and shall continue until December 31, 2023 (the "Initial Expiration Date"), unless terminated earlier pursuant to Section 6; provided that, upon the Initial Expiration Date and each annual anniversary thereafter (such date and each annual anniversary thereof, a "Renewal Date"), the Agreement shall be deemed to be automatically extended, upon the same terms and... conditions, for successive periods of one year, unless either party provides written notice of its intention not to extend the term of the Agreement at least ninety (90) days prior to the applicable Renewal Date (the period of the Executive's employment under this Agreement being the "Term"); provided, however, if during the Term of this Agreement a Change of Control (as defined in Exhibit A attached hereto) occurs, the Term of this Agreement shall be extended to the later of the original expiration date of the Term or the expiration of the Change of Control Period. For purposes of this Agreement, "Change of Control Period" means the twenty-four (24) month period commencing on the effective date of a Change of Control. View More

Term. The term of the Executive's employment shall be one year from the Effective Date of this Agreement (the "Term"). Unless earlier terminated as provided in Section 7 of this Agreement, or unless the Executive or Good Times gives ninety days prior written notice to the other to the contrary, upon the end of the Term and upon each yearly anniversary of such end of the Term, this Agreement shall automatically extend for additional periods of one year (the "Additional Terms"). In the event that the... Company or the Executive elects not to extend this Agreement, such election together with the reasons therefor shall constitute a termination by the electing party subject to the provisions of Section 7 of this Agreement. View More

Term. The Company hereby employs Executive, and Executive hereby accepts such employment, for a term (as the same may be extended, the "Term") commencing as of the Effective Date and continuing until December 31, 2022 (the "Initial Period") unless terminated earlier in accordance with the provisions of Section 4. Unless either party notifies the other party of non-renewal in writing, in accordance with Section 10, not less than 180 days prior to the expiration of the Initial Period or any subsequent... renewal period, the Term shall automatically be extended for successive one-year periods in accordance with the terms of this Agreement (subject to earlier termination as aforesaid). View More