Term Contract Clauses (29,670)
Grouped Into 908 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. The term of this Agreement shall commence from the Effective Date and shall continue until the close of business of the day preceding the third (3rd) anniversary of the Effective Date; provided, however, that commencing on the second (2nd) anniversary of the Effective Date (and each anniversary of the Effective Date thereafter), the term of this Agreement shall automatically be extended for one (1) additional year, unless at least ninety (90) days prior to such date, the Company or the
... Executive shall give written notice to the other party that the Company or the Executive, as the case may be, does not wish to so extend this Agreement. Notwithstanding the foregoing, if the Company gives such written notice to the Executive less than one (1) year after a Change in Control, the term of this Agreement shall be automatically extended until the later of (a) the date that is one (1) year after the anniversary of the Effective Date that follows such written notice or (b) the second (2nd) anniversary of the Change in Control.
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Term. The term of this Agreement shall commence from the Effective Date and shall continue until the close of business of the day preceding the third (3rd) anniversary of the Effective Date; provided, however, that commencing on the second (2nd) anniversary of the Effective Date (and each anniversary of the Effective Date thereafter), the term of this Agreement shall automatically be extended for one (1) additional year, unless at least ninety (90) days prior to such date, the Company or the
... Executive shall give written notice to the other party that the Company or the Executive, as the case may be, does not wish to so extend this Agreement. Notwithstanding the foregoing, if the Company gives such written notice to the Executive less than one (1) year after a Change in Control, the term of this Agreement shall be automatically extended until the later of (a) the date that is one (1) year after the anniversary of the Effective Date that follows such written notice or (b) the second (2nd) anniversary of the Change in Control. [Remainder of page intentionally left blank; signature page follows] Wright Medical Group, Inc.
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Term. This Agreement shall continue for a term commencing on the Execution Date and ending on the fourth anniversary of the Execution Date (the "Initial Term"), and shall be automatically renewed from year to year thereafter for successive one-year terms (each, a "Renewal Term"), unless at least 30 days prior to the expiration of the Initial Term or any Renewal Term, either Party gives written notice of non-renewal to the other, in which case this Agreement will expire at the conclusion of either the
... Initial Term or the Renewal Term, whichever is applicable. Notwithstanding any provision of this Agreement to the contrary, this Agreement may be terminated at any time prior to the expiration of the Initial Term or a Renewal Term (as applicable), as provided in Section 2 below.
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Term. This Agreement shall continue for a term commencing on the Execution Date and ending on the
fourth second anniversary of the Execution Date (the "Initial Term"), and shall be automatically renewed from year to year thereafter for successive one-year terms (each, a "Renewal Term"), unless at least 30 days prior to the expiration of the Initial Term or any Renewal Term, either Party gives written notice of non-renewal to the other, in which case this Agreement will expire at the conclusion of
... either the Initial Term or the Renewal Term, whichever is applicable. Notwithstanding the foregoing sentence, if a Change in Control occurs during the Initial Term or any Renewal Term, this Agreement shall continue for a term commencing on the date of the Change in Control and ending on the second anniversary of the Change in Control; provided, however, that the expiration of this Agreement following such two-year period shall in no way eliminate, reduce or otherwise impact any previously accrued obligations under Section 4 below or the obligations contained in Section 10 below. Notwithstanding any provision of this Agreement to the contrary, this Agreement may be terminated at any time prior to the expiration of the Initial Term or a Renewal Term (as applicable), as provided in Section 2 below.
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Term. The "Term" means the period commencing as of the date hereof and expiring as of December 31, 2018. However, commencing on January 1, 2019 and each January 1 thereafter, the Term will automatically be extended for an additional year unless, not later than September 30th of the immediately preceding year, the Company or you shall have given notice that it or you, as the case may be, do not wish to have the Term extended, provided that the Company may not provide such notice of non-extension
... during the Protected Period (as defined below). This Agreement, including your obligations under Section 8 hereof, shall survive expiration or termination of the Term or of your employment with the Company.
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Term. The "Term" means the period commencing as of the date hereof and expiring as of December 31, 2018. However, commencing on January 1, 2019 and each January 1 thereafter, the Term will automatically be extended for an additional year unless, not later than September 30th of the immediately preceding year, the Company or you shall have given notice that it or you, as the case may be, do not wish to have the Term
extended, provided that the Company may not provide such notice of non-extension... during the Protected Period (as defined below). extended. This Agreement, including your obligations under Section 8 7 hereof, shall survive expiration or termination of the Term or of your employment with the Company.
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Term. The Executive's employment hereunder shall be effective as of February 2, 2015 (the "Effective Date") and shall continue until the third anniversary thereof, unless terminated earlier pursuant to Section 4 of this Agreement. Thereafter, the Employment Term shall automatically renew for successive periods of one (1) year, unless either party shall have given to the other at least thirty (30) days' prior written notice of their intention not to renew the Executive's employment prior to the end of
... the Employment Term or the then applicable renewal term, as the case may be. The period during which the Executive is employed by the Company hereunder, including any renewal term, is hereinafter referred to as the "Employment Term."
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Term. The Executive's employment hereunder shall be effective as of February
2, 25th, 2015 (the "Effective Date") and shall continue until
the third anniversary February 25th, 2018 thereof, unless terminated earlier pursuant to Section 4 of this Agreement. Thereafter, the Employment Term shall automatically renew for successive periods of one (1) year, unless either party shall have given to the other at least thirty (30) days' prior written notice of their intention not to renew the Executive's
... employment prior to the end of the Employment Term or the then applicable renewal term, as the case may be. The period during which the Executive is employed by the Company hereunder, including any renewal term, is hereinafter referred to as the "Employment Term."
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Term. Subject to the provisions of termination as hereinafter provided, the term of employment under this Agreement shall commence the Commencement Date and shall continue through the end of the business day on the third anniversary of the Commencement Date (the "Initial Term"); provided, however, that beginning on the third anniversary of the Commencement Date and on the first calendar day after the conclusion of the Initial Term of this Agreement or any Renewal Term (each a "Renewal Date")
... thereafter, the term of this Agreement shall automatically be extended for two additional years, (each, a "Renewal Term") unless either party gives the other written notice of non-renewal at least thirty (30) days prior to any such Renewal Date. The "term of this Agreement" shall mean period of time beginning as of the Commencement Date and ending as of the last date that the Employee is employed by the Company.
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Term. Subject to the provisions of termination as hereinafter provided, the term of employment under this Agreement shall commence the Commencement Date and shall continue through the end of the business day on the third anniversary of the Commencement Date (the "Initial Term"); provided, however, that beginning on the third anniversary of the Commencement Date and on the first calendar day after the conclusion of the Initial Term of this Agreement or any Renewal Term (each a "Renewal Date")
... thereafter, the term of this Agreement shall automatically be extended for two one additional years, year, (each, a "Renewal Term") unless either party gives the other written notice of non-renewal at least thirty (30) days prior to any such Renewal Date. The "term of this Agreement" shall mean period of time beginning as of the Commencement Date and ending as of the last date that the Employee is employed by the Company.
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Term. The Company represents and warrants that the Company has not entered into (or provided, granted or entered into any waiver, amendment, termination or the like with respect to) any agreement, arrangement, understanding, instrument or the like with, or for the benefit of, any holder of any other Warrants issued pursuant to the Securities Purchase Agreement or any warrants issued in exchange for or replacement or substitution of any of such other Warrants (all such other Warrants and all warrants
... issued in exchange for or replacement or substitution of any of such other Warrants are collectively referred to herein as the "SPA Warrants" and each holder thereof is referred to as an "Other Holder") or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) with or that results in any terms and/or conditions which are more favorable in any respect to any such Person than any of the terms and/or conditions provided to, or for the benefit of, the Claimant herein. To the extent the Company enters into (or provides, grants or enters into any waiver, amendment, termination or the like with respect to) any, direct or indirect, agreement, arrangement, understanding, instrument or the like with, or for the benefit of, any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) that contains or results in any terms and/or conditions which are more favorable in any respect to any such Person than any of the terms and/or conditions provided to, or for the benefit of, the Claimant herein, then the Claimant, at its option, shall be entitled to the benefit of such more favorable terms and/or conditions (as the case may be) and this Agreement shall be automatically amended to reflect such more favorable terms and/or conditions (as the case may be). To the extent the Company, directly or indirectly, enters into (or provides, grants or enters into any waiver, amendment, termination or the like with respect to) any agreement, arrangement, understanding, instrument or the like with, or for the benefit of, any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) that contains or results in any terms and/or conditions which are more favorable in any respect than any of the terms and/or conditions provided to, or for the benefit of, the Claimant herein, then the Company shall promptly notify the Claimant of, and contemporaneously with such notification publicly disclose, any such terms and/or conditions (as the case may be). The Company further represents and warrants that (i) no consideration has been offered or paid to any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described in this Agreement (including, without limitation, the Disputed Subject Matter) or otherwise and (ii) no agreement, arrangement, understanding, instrument or the like has been entered into with or granted to any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described in this Agreement (including, without limitation, the Disputed Subject Matter) that contains any terms and/or conditions that are more favorable in any respect than any of the terms and/or conditions contained in this Agreement.
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Term. The Company
represents represents, warrants and
warrants covenants that the Company has not entered
into, and will not, directly or indirectly, enter into (or
provided, granted provide, grant or
entered enter into any waiver, amendment, termination or the like with respect
to) to), any agreement,
arrangement, understanding, instrument or the like with, or for the benefit of, any holder of any
of the other
shares of Common Stock, Series A Warrants, Series B Warrants or Series C Warrants issued
... pursuant to the Securities Purchase Agreement or any warrants issued in exchange for or replacement or substitution of any of such other Warrants (all such other Warrants and all warrants issued in exchange for or replacement or substitution of any of such other Warrants are collectively referred to herein as the "SPA Warrants" and each holder thereof is referred to as (each an "Other Holder") or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) with or that results in any terms and/or conditions which are more favorable in any respect to any such Person than any of the terms and/or and conditions provided to, or for the benefit of, the Claimant herein. Holder. To the extent the Company enters into (or provides, grants or enters into any waiver, amendment, termination or the like with respect to) any, direct or indirect, agreement, arrangement, understanding, instrument or the like with, or for the benefit of, any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) that contains or results in any terms and/or conditions which are more favorable in any respect to any such Person than any of the terms and/or conditions provided to, or for the benefit of, the Claimant herein, Holder, then the Claimant, Holder, at its option, shall be entitled to the benefit of such more favorable terms and/or conditions (as the case may be) and this Agreement shall be automatically amended to reflect such more favorable terms and/or or conditions (as the case may be). To the extent the Company, directly or indirectly, enters into (or provides, grants or enters into any waiver, amendment, termination or the like with respect to) any agreement, arrangement, understanding, instrument or the like with, or for the benefit of, any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described herein (including, without limitation, the Disputed Subject Matter) that contains or results in any terms and/or or conditions which are more favorable in any respect than any of not identical to the terms and/or and conditions provided to, or for the benefit of, the Claimant herein, Holder, then the Company shall promptly immediately notify the Claimant Holder of, and contemporaneously with such notification publicly disclose, any such terms and/or conditions (as to the case may be). extent such terms constitute material, non-public information. The Company further represents and warrants that (i) no consideration has been offered or paid to any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described in this Agreement (including, without limitation, the Disputed Subject Matter) or otherwise and otherwise, (ii) no agreement, arrangement, understanding, instrument or the like has been entered into with or granted to any Other Holder or any of their respective affiliates with respect to any of the SPA Warrants or any of the matters addressed or described in this Agreement (including, without limitation, the Disputed Subject Matter) that contains any terms and/or or conditions that are more favorable different in any respect than from any of the terms and/or or conditions contained in this Agreement. Agreement and (iii) simultaneously herewith all of the Other Holders are also entering into agreements identical to this Agreement (the "Other Exchange Agreements").
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Term. Unless otherwise earlier terminated in writing by both parties, this Agreement shall be effective for the three (3) year period commencing on the Effective Date. At the close of such three (3) year period and on each subsequent third anniversary of the Effective Date, the Agreement shall automatically renew for an additional three (3) year period unless either party hereto shall notify the other party in writing of its intent not to renew the Agreement no less than thirty (30) days prior to the
... expiration of the pending term; provided, however, that if within six (6) months following the non-renewal of the Agreement by the Company, the Company executes a definitive agreement which would lead to a Change in Control, then notwithstanding any other term or provision of this Agreement, this Agreement shall be deemed not to have been terminated and will be effective in accordance with its terms through and including the date of such Change in Control (or the date on which such definitive agreement is terminated, if earlier); and provided further, that if a Change in Control occurs during the term of this Agreement, the Agreement shall remain in effect for no less than 24 months following such Change in Control. Notwithstanding the termination or expiration of this Agreement, the Restrictive Covenants provisions of Section 6 hereof shall remain in full force and effect as provided above.
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Term. Unless otherwise earlier terminated in writing by both parties, this Agreement shall be effective for the three (3) year period commencing on the Effective Date. At the close of such three (3) year period and on each subsequent third anniversary of the Effective Date, the Agreement shall automatically renew for an additional three (3) year period unless either party hereto shall notify the other party in writing of its intent not to renew the Agreement no less than thirty (30) days prior to the
... expiration of the pending term; provided, however, that if within six (6) months following the non-renewal of the Agreement by the Company, the Company executes a definitive agreement which would lead to a Change in Control, then notwithstanding any other term or provision of this Agreement, this Agreement shall be deemed not to have been terminated and will be effective in accordance with its terms through and including the date of such Change in Control (or the date on which such definitive agreement is terminated, if earlier); and provided further, that if a Change in Control occurs during the term of this Agreement, the Agreement shall remain in effect for no less than 24 months following such Change in Control. Notwithstanding the termination or expiration of this Agreement, the Restrictive Covenants provisions of Section 6 hereof shall remain in full force and effect as provided above. 13 10. Notice. Any notice, demand or other communication required or permitted under this Agreement shall be effective only if it is in writing and delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid, addressed as follows: If to the Company: Fortune Brands Home & Security, Inc. Attention: General Counsel 520 Lake Cook Road Deerfield, IL 60015 If to the Executive: At the address most recently on file with the Company or to such other address as either party may designate by written notice to the other and shall be deemed to have been given as of the date so personally delivered or mailed.
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Term. The term of employment of the Executive by the Company hereunder shall be for a period commencing as of May 16th, 2013 (the "Effective Date") and ending on May 15th, 2018 (the date on which this Agreement shall expire, as such date may be extended in accordance with the terms of this Section 1 is hereinafter referred to as the "Expiration Date"). Subject to the terms of Section 6, unless the Executive or the Company gives written notice to the other party of its desire to terminate this
... Agreement in accordance with Section 5 before the Expiration Date, commencing on May 15th, 2018 (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of one year from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth. Except when the contrary is indicated, the phrase "the term of this Agreement" or the "Term" shall henceforth be deemed to include the Extended Period.
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Term. The term of employment of the Executive by the Company hereunder shall be for a period commencing as of
May 16th, 2013 (the "Effective Date") the Effective Date and ending on
May 15th, 2018 January 31, 2015 (the date on which this Agreement shall expire, as such date may be extended in accordance with the terms of this Section 1 is hereinafter referred to as the "Expiration Date"). Subject to the terms of Section 6, unless the Executive or the Company gives
at least thirty (30) days' prior... written notice to the other party of its desire to terminate this Agreement in accordance with Section 5 6 before the Expiration Date, commencing on May 15th, 2018 Date (the "Termination Notification Date"), this Agreement will be automatically extended for further period(s) of one year from the then current Expiration Date (the "Extended Period") on the same terms and conditions as herein set forth. Except when the contrary is indicated, the phrase "the term of this Agreement" or the "Term" shall henceforth be deemed to include the Extended Period.
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Term. This Warrant shall expire and shall no longer be exercisable upon the first to occur of: (a) 5:00 p.m., pacific time, on April 11, 2024; or (b) a Liquidation Event (as defined in the Company's Certificate of Incorporation, as may be amended from time to time).
Term. This Warrant shall expire and shall no longer be exercisable upon the first to occur of: (a) 5:00 p.m., pacific time, on
April 11, 2024; the January , 2019; or (b) a Liquidation Event (as defined in the Company's Certificate of Incorporation, as may be amended from time to time).
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Term. The Executive's employment under this Agreement shall be deemed to commence on the Effective Date and shall continue for a term of two (2) years (the "Initial Term"), unless sooner terminated pursuant to Section 9 of this Agreement. This Agreement will automatically be extended for additional one (1) year periods (each an "Additional Term" and, together with the Initial Term, the "Term") unless the Company notifies the Executive in writing that it intends to not extend this Agreement at least
... one hundred eighty (180) days prior to the expiration of the then current Term; provided, however, that the Company's failure to provide the Executive with such notice shall not constitute termination by the Executive for Good Reason (as defined in Section 9(d) hereof).
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Term. The Executive's employment under this Agreement shall be deemed to commence on the Effective Date and shall continue for a term of
two (2) five (5) years (the "Initial Term"), unless sooner terminated pursuant to Section
9 8 of this Agreement. This Agreement will automatically be extended for additional one (1) year periods (each an "Additional Term" and, together with the Initial Term, the "Term") unless the Company notifies the Executive in writing that it intends to not extend this Agreement
... at least one hundred eighty (180) days prior to the expiration of the then current Term; provided, however, that the Company's failure to provide the Executive with such notice shall not constitute termination by the Executive for Good Reason (as defined in Section 9(d) 8(d) hereof) or termination by the Company without Cause (as defined in Section 8(e) hereof).
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