Term Contract Clauses (29,524)

Term. Except as provided in Section 8 of this Agreement, this Agreement shall continue in full force and effect until the earlier of (i) the termination of the Servicer under the Servicing Agreement or (ii) the termination of the Servicing Agreement.

Term. The term of this Agreement (the "Term") shall commence on the effective date hereof and expire on June 30, 2019, and thereafter shall automatically renew for successive one-year terms unless either party provides written notice not less than 30 days prior to the expiration of the current term. Notwithstanding the foregoing, (i) this Agreement shall terminate effective on the date specified in a written notice from Lessor to Lessee to the effect that Lessor no longer operates any aircraft, which... notice shall be given by Lessor to Lessee as soon as reasonably practicable after Lessor becomes aware that such is or will be the case, (ii) Lessor shall have the right to terminate this Agreement upon termination of that certain Aircraft Dry Lease Agreement, effective as of July 1, 2018, between Lessor and Lessee, for Lessor's use of Lessee's Gulfstream Aerospace G-V aircraft, manufacturer's serial number 639, United States registration N501CV, and (iii) either party shall have the right to terminate this Agreement (a) immediately upon breach of the terms of this Agreement by the other party, or (b) for any reason or no reason by written notice given to the other party not less than ten (10) days prior to the proposed termination date. View More

Term. Director shall serve on the Board for a term of one (1) year from the Effective Date or until Director's re-election to the Board by the shareholders or Director's earlier death, resignation or removal. 5.2 Effect of Termination. The Company shall continue to be obligated to (i) pay Director any pro rata services fee to which Director is entitled under Section 2, above, with respect to the period ending on the effective date of Termination; and (ii) reimburse Director for all expenses paid or... incurred prior to termination and for which Director is entitled to be reimbursed pursuant to Section 2, above. View More

Term. This Agreement will remain in effect for one year from the date that this Agreement becomes effective (the "Term"). Thereafter, the Term will be automatically extended for successive periods of one (1) year each unless either party provides the other with a written notice of cancellation of at least sixty (60) days prior to the expiration of the initial Term or any renewal Term; provided, however, Prestige may cancel this Agreement at any time upon sixty (60) days notice to Seller. In the event... of a breach by Seller of any term or provision of this Agreement or upon Seller's insolvency or the insolvency of any guarantor of Seller's obligations herein, Prestige shall have the right to cancel this Agreement without notice to Seller, and all of Seller's obligations to Prestige herein shall be immediately due and payable. In the event of cancellation, the provisions of this Agreement shall remain in full force and effect until all of the Accounts and all of Sellers obligations to Prestige have been paid in full. Pg 3 of 4 27. EARLY TERMINATION. In the event that Seller wishes to terminate the Agreement prior to the expiration of the Term, then in addition to paying Prestige all other obligations due under this Agreement, Seller shall also pay Prestige an early termination fee equal to $19,250 per month for each month remaining under the Term. Notwithstanding the foregoing, Prestige will waive the early termination fee at any time after three months of the initial Term. View More

Term. (i) If a Change in Control of the Bancorp or the Bank should occur while Executive is still an employee of the Bank, then this Agreement shall continue in effect from the date of such Change in Control of the Bancorp or the Bank for so long as Executive remains an employee of the Bank, but in no event for more than twelve (12) months following the consummation of a Change in Control of the Bancorp or the Bank; provided, however, that the expiration of the term of this Agreement shall not... adversely affect Executive's rights under this Agreement which have accrued prior to such expiration. (ii) If no Change in Control of the Bancorp or the Bank occurs before Executive's status as an employee of the Bank is terminated, this Agreement shall expire on such date. Prior to a Change in Control of the Bancorp or the Bank, Executive's employment may be terminated by the Bank with or without Cause (as defined in paragraph 3(c)), and/or this Agreement may be terminated by the Bank at any time upon written notice to Executive and, in either or both such events, Executive shall not be entitled to any of the benefits provided hereunder. 1 2. CHANGE IN CONTROL. For purposes of this Agreement, a Change in Control of the Bancorp or the Bank shall be deemed to have occurred if (i) the shareholders of the Bancorp or the Bank approve (1) any consolidation or merger of the Bancorp or the Bank with any other company (A) a merger or consolidation which would result in the voting securities of the Bancorp or the Bank outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity), in combination with the ownership of any trustee or other fiduciary holding securities under an employee benefit plan of the Bancorp or the Bank, at least 75% of the combined voting power of the voting securities of the Bancorp or the Bank or such surviving entity outstanding immediately after such merger or consolidation, or (B) a merger or consolidation effected to implement a recapitalization of the Bancorp or the Bank (or similar transaction) in which no person acquires more than 50% of the combined voting power of the Bancorp's and the Bank's then outstanding securities; or (ii) the shareholders of the Bancorp or the Bank shall approve any plan or proposal for the liquidation or dissolution of the Bancorp or the Bank, or an agreement for the sale or disposition by the Bancorp or the Bank of all or substantially all of the Bancorp's or the Bank's assets; or (ii) any "person" (as such term is used in Sections 13(d)(3) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the Exchange Act)), other than the Bancorp, the Bank or a subsidiary thereof or a corporation owned, directly or indirectly, by the shareholders of the Bancorp or the Bank in substantially the same proportions as their ownership of stock of the Bancorp or the Bank, shall become the "beneficial owner" (within the meaning of Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Bancorp or the Bank representing 25% or more of the combined voting power of the Bancorp's or the Bank's then outstanding securities ordinarily (and apart from rights accruing in special circumstances) having the right to vote in the election of directors (Voting Shares), as a result of a tender or exchange offer, open market purchases, privately negotiated purchases or otherwise. View More

Term. 5.1 Maturity Date. 5.2 Early Termination. 5.4 Survival of Certain Obligations.

Term. Section 5(b), TERM, of each of the Operating Agreements is hereby amended by deleting the first sentence of the section in its entirety and inserting the following in lieu thereof: This Agreement shall become effective upon the Closing provided for in Section 2 of the Ownership Agreement and shall remain in effect with respect to Wansley Unit No. 1 and Wansley Unit No. 2, until April 15, 2041. GPC shall meet and confer with the Participants with respect to analysis on and decisions to establish... projected or firm dates to cease Commercial Operation for either Wansley Unit No. 1 or Wansley Unit No. 2, including, prior to filing, any projected or firm dates which may be filed with any regulatory agency. View More

Term. Executive's employment under this Agreement shall continue, subject to earlier termination of such employment pursuant to the terms hereof, until the first anniversary of the Effective Date (the "Employment Period"). On the first anniversary of the Effective Date and on each anniversary thereof, the Employment Period shall be automatically extended for an additional twelve-month period. The Company or Executive may elect to terminate the automatic extension of the Employment Period by giving... written notice of such election to the other party not less than 180 days prior to the end of the initial Employment Period and 90 days prior to the end of any extended Employment Period. View More

Term. Subject to the terms and conditions hereof, the term of employment of Executive will commence on May 1, 2018 (the "Commencement Date") and will end on January 31, 2020, unless earlier terminated by either party pursuant to the terms hereof. The term of this Agreement is referred to herein as the "Term." 4. Compensation and Benefits During the Employment Term. (a) Salary. Commencing upon the Commencement Date, Executive will be paid an annual base salary of $1,200,000 for the entire Term,... payable bi-weekly (the "Salary"). At any time and from time to time the Salary may be increased for the remaining portion of the term if so determined by the Board of Directors of Company after a review of Executive's performance of his duties hereunder. Employment Agreement - Page 1 (b) Bonus. As further compensation, Executive will be eligible for bonuses as determined from time to time by the Board of Directors. (c) Expenses. Upon submission of a detailed statement and reasonable documentation, Company will reimburse Executive in the same manner as other executive officers for all reasonable and necessary or appropriate out-of-pocket travel and other expenses incurred by Executive in rendering services required under this Agreement. (d) Benefits; Insurance. (i) Medical, Dental and Vision Benefits. During the Term, Executive and his dependents will be entitled to receive such group medical, dental and vision benefits as Company may provide to its other executives, provided such coverage is reasonably available, or be reimbursed if Executive is carrying his own similar insurance. (ii) Benefit Plans. The Executive will be entitled to participate in any benefit plan or program of the Company which may currently be in place or implemented in the future. (iii) Other Benefits. During the Term, Executive will be entitled to receive, in addition to and not in lieu of base salary, bonus or other compensation, such other benefits and normal perquisites as Company currently provides or such additional benefits as Company may provide for its executive officers in the future. (e) Vacation. Executive will be entitled to two weeks paid vacation each year of this Agreement. View More

Term. The term of this Agreement shall commence on January 1, 2018 and, unless earlier terminated as provided in Section 6 below, shall terminate on January 1, 2021 (the "Current Term"); provided, however, that Sections 4 and 8 (and any enforcement or other procedural provisions hereof affecting Sections 4 and 8) hereof shall survive the termination of this Agreement as provided therein. The Current Term shall automatically be extended for successive six-month periods (each, a "Renewal Term"), unless... either party gives the other party at least three months' prior written notice of non-renewal; provided that, with respect to the first Renewal Term that occurs after a Change-in-Control and would otherwise extend beyond the date that is 18 months after the Change-in-Control, either party may elect for such Renewal Term to end on the date that is 18 months and one day after the Change-in-Control by giving the other party written notice at least three months prior to the scheduled commencement of such Renewal Term. In addition, in the event that Executive has given notice of non-renewal of the term of this Agreement, the Employer, at its sole option and discretion, may nevertheless extend the Current Term or a Renewal Term by ninety (90) days (the "Extension Period"), upon written notice to Executive at least eighty (80) days before the end of the Current Term or such Renewal Term, as applicable. The period of Executive's employment hereunder consisting of the Current Term, all Renewal Terms, if any, and the Extension Period, if any, is herein referred to as the "Employment Period." Subject to Section 6 and unless specified otherwise by the party electing not to renew this Agreement, Executive's employment with the Employer shall terminate immediately after the expiration of the Employment Period. For avoidance of doubt, such termination will not be deemed to occur during the Employment Period and, accordingly, except as set forth in Section 7(f), Executive will not be entitled to receive any payment or benefits under Section 7 as a result of or in connection with such termination. View More