Grouped Into 443 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. This Agreement is effective as of January 1, 2022 and will expire on December 31, 2024 (the "Initial Three Year Term"); provided that on and after January 1, 2023, the Initial Three Year Term shall be automatically extended by one (1) day on each day that passes while you are employed pursuant to this Agreement (including any day after the end of the Initial Three Year Term) so that there will always be two (2) years remaining in the term of this Agreement (the Initial Three Year Term and any ex...tended term of this Agreement is referred to as the "Employment Period"). In the event of the termination of your employment for any reason after January 1, 2023 when the automatic one-day extensions begin, the automatic one-day extensions shall cease as of your last day of employment pursuant to this Agreement. At any time on or after January 1, 2023, the Company may give you written notice that the Employment Period will not be extended on a daily basis ("Nonrenewal Notice"), in which case this Agreement will terminate two (2) years after the date of the Nonrenewal Notice, but not before the completion of the Initial Three Year Term, or such later date as may be specified in the Nonrenewal Notice. Notwithstanding anything in this Agreement to the contrary, this Agreement and the Employment Period will automatically terminate on the first day of the month immediately following the month in which you turn sixty-seven (67). The last day of the Employment Period is sometimes referred to in this Agreement as the "Expiration Date."View More
Term. This Agreement is effective as of January 1, 2022 October 31, 2016 and will expire on December October 31, 2024 2019 (the "Initial Three Year Term"); provided that on and after January November 1, 2023, 2018, the Initial Three Year Term shall be automatically extended by one (1) day on each day that passes while you are employed pursuant to this Agreement (including any day after the end of the Initial Three Year Term) so that there will always be two (2) years one year remaining in the term of ...this Agreement (the Initial Three Year Term and any extended term of this Agreement is referred to as the "Employment Period"). In the event of the termination of your employment for any reason after January November 1, 2023 2018 when the automatic one-day extensions begin, the automatic one-day extensions shall cease as of your last day of employment pursuant to this Agreement. At any time on or after January November 1, 2023, 2018, the Company Bank may give you written notice that the Employment Period will not be extended on a daily basis ("Nonrenewal Notice"), in which case this Agreement will terminate two (2) years one year after the date of the Nonrenewal Notice, but not before the completion of the Initial Three Year Term, or such later date as may be specified in the Nonrenewal Notice. Notwithstanding anything in this Agreement to the contrary, this Agreement and the Employment Period will automatically terminate on the first day of the month immediately following the month in which you turn sixty-seven (67). seventy (70). The last day of the Employment Period is sometimes referred to in this Agreement as the "Expiration Date." View More
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 Air...craft, 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.View More
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 Agreeme...nt 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. View More
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. View More
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. View More
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").
Term. (a) This Agreement will remain in effect for a period of 120 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach within 10 days of the dat...e of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 months from the latter of the date of the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. October 14, 2021 Page 2 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term.View More
Term. (a) This Agreement will remain in effect for a period of 120 60 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon five days' prior written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach withi...n 10 days of the date of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 months from the latter date of introduction of the date of Introduced Party to the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Issuer. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. October 14, 2021 Page 2 1 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; Issuer other than through an underwritten public offering; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More
Term. (a) This Agreement will remain in effect for a period of 120 30 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon five days' prior written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach withi...n 10 days of the date of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time tune during the period Term, commencing on the date hereof and ending 12 months from the latter of the date of the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, 3,6,8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. October 14, 2021 Page 2 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) If during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at at: any time thereafter; each of the foregoing, a "Transaction," "Transaction." the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More
Term. (a) This Agreement will remain in effect for a period of 120 days from its date (the "Term"). Darbie will Both Parties shall have the right to terminate this Agreement immediately upon ten days written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such brea...ch within 10 days of the date of the notice sent by the Issuer. notice. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 months from the latter of the date of the termination terminations of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. GZ6G Technologies Corp. October 14, 5, 2021 Page 2 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More
Term. This agreement shall terminate, except to the extent that any obligation of the Bank hereunder remains unpaid as of such time, upon the earliest of the following (the "Term"): (i) the termination or resignation of the Executive's employment from the Bank for any reason (unless a Change in Control has occurred and the Executive either has been terminated within one hundred and twenty (120) prior to such Change in Control or one (1) year after such Change in Control or has resigned for Good Reason... within one (1) year after such Change in Control, and with otherwise be titled to the payments set forth in section Section 1 above); (ii) March 15, 2023, if a Change in Control has not occurred during such period; (iii) the termination of Executive's employment from the Bank for Cause whether or not within one hundred and twenty (120) days prior to a Change in Control within one (1) year after a Change in Control; 4 (iv) one (1) year after a Change in Control if Executive is still employed with the Bank or its successor; or (v) after a Change in Control upon satisfaction of all of the Bank's obligations hereunder.View More
Term. This agreement Agreement shall terminate, except to the extent that any obligation of the Bank hereunder remains unpaid as of such time, upon the earliest of the following (the "Term"): (i) the termination or resignation of the Executive's employment from the Bank for any reason (unless a Change in Control has occurred and the Executive either has been terminated within one hundred and twenty (120) days prior to such Change in Control or within one (1) year after such Change in Control or has re...signed for Good Reason within one (1) year after such Change in Control, and with would otherwise be titled entitled to the payments set forth in section Section 1. above); (ii) March 15, 2023, three (3) years from the date hereof if a Change in Control has not occurred during such period; (iii) the termination of the Executive's employment from the Bank for Cause Cause, whether or not within one hundred and twenty (120) days prior to a Change in of Control within one (1) year after a Change in Control; 4 (iv) one (1) year after a Change in Control if the Executive is still employed with the Bank or its successor; or (v) after a Change in Control upon satisfaction of all of the Bank's obligations hereunder. 4 4. No Obligation to Mitigate Damages; No Effect on Other Contractual Rights. A. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer after the effective date of termination or resignation, or otherwise, by his or her engagement as a consultant or his conduct of any other business activities. B. The provisions of this Agreement, and any payment provided for hereunder, shall not reduce any amounts otherwise payable, or in any way diminish the Executive's existing rights, or rights which would accrue solely as a result of the passage of time, under any employment agreement or other plan, arrangement or deferred compensation agreement, except as set forth in Sections 9 or 10 below or as otherwise agreed to in writing by the Bank and the Executive. View More
Term. Except as otherwise provided for herein, the term of this Agreement shall be from January 1, 2021 (the "Effective Date") through March 31, 2023 (the "Term"). This Agreement shall automatically renew for another one (1) year term, unless either party provides written notice to the other party no later than ninety (90) days before the expiration of the Term that the party does not wish to renew the Term of this Agreement. Upon the expiration of the Term, this Agreement, except for the provisions t...hat survive pursuant to this paragraph 3 and paragraphs 8 and 6(c), will have no further force or effect.View More
Term. Except as otherwise provided for herein, the term of this Agreement shall be from commence on January 1, 2021 (the "Effective Date") through March 31, and terminate on September 15, 2023 (the "Term"). This Agreement shall automatically renew for another one (1) year term, unless either party provides written notice to the other party no later than ninety (90) days before the expiration of the Term that the party does not wish to renew the Term of this Agreement. Upon the expiration of the Term, ...this Agreement, except for the provisions that survive pursuant to this paragraph 3 and paragraphs 8 and 6(c), will have no further force or effect. View More
Term. This Agreement is effective on the Effective Date and shall end on the second anniversary of the date thereof and will be automatically extended for an additional year, unless terminated as provided herein. This Agreement will not be extended if either party gives written notice to the other stating its intention to terminate this Agreement at least 90 days before the end hereof. The initial term of this Agreement and any extension of such term is referred to as the "Employment Period."
Term. This Agreement is effective on the Effective Date and shall end on the second anniversary of the date thereof and will be automatically extended for an additional year, successive two year terms, unless terminated as provided herein. This Agreement will not be extended if either party gives written notice to the other stating its intention to terminate this Agreement at least 90 days before the end hereof. expiration of the initial term or an applicable renewal term. The initial term of this Agr...eement and any extension of such term is the renewal terms are referred to as the "Employment Period." View More
Term. The term of this Agreement shall include: (i) the initial term, consisting of the period commencing on the date of this Agreement (the "Effective Date") and ending on the second anniversary of the Effective Date, plus (ii) any and all extensions of the initial term made pursuant to this Section 3 (collectively, the "Term"). Commencing on the first anniversary of the Effective Date and continuing on each anniversary of the Effective Date thereafter, the disinterested members of the Board may exte...nd the Agreement Term for an additional year, so that the remaining Term of the Agreement again becomes twenty-four (24) months, unless Executive elects not to extend the Term of this Agreement by giving written notice in accordance with' Section 18 of this Agreement. The Board will review the Agreement and Executive's performance annually for purposes of determining whether to extend the Agreement Term and will include the rationale and results of its review in the minutes of its meeting. The Board will notify Executive within sixty days after its annual review whether it has determined to extend the Term of the Agreement. Nothing in this Agreement shall mandate or prohibit a continuation of Executive's employment following the expiration of the Term of this Agreement.View More
Term. The term of this Agreement shall include: (i) the initial term, consisting of the period commencing on the date of this Agreement (the "Effective Date") and ending on the second third anniversary of the Effective Date, plus (ii) any and all extensions of the initial term made pursuant to this Section 3. (collectively, the "Term"). b. Commencing on the first anniversary of the Effective Date and continuing on each anniversary of the Effective Date thereafter, thereafter (each, an "Anniversary Dat...e"), the disinterested members of the Board may extend the Agreement Term term for an additional year, so that the remaining Term term of the Agreement again becomes twenty-four (24) thirty-six (36) months, unless Executive elects not to extend the Term term of this Agreement by giving written notice in accordance with' with Section 18 17 of this Agreement. The Board will review the Agreement and Executive's performance annually for purposes of determining whether to extend the Agreement Term term and will include the rationale and results of its review in the minutes of its meeting. The Board will notify Executive within sixty days as soon as possible after its annual review whether it has determined to extend the Term Agreement. Notwithstanding the foregoing, in the event the Company or the Bank has entered into an agreement to effect a transaction that would be considered a Change in Control, as defined below, then the term of the Agreement. Nothing in this Agreement shall mandate or prohibit a continuation of Executive's employment be extended and shall terminate no sooner than 24 months following the expiration of date on which the Term of this Agreement. Change in Control occurs. View More
Term. (a) The term of this Agreement shall include: (i) the initial term, consisting of the period commencing on the date of this Agreement (the "Effective Date") and ending on the second anniversary of the Effective Date, continuing for twenty four (24) full months thereafter, plus (ii) any and all extensions of the initial term made pursuant to this Section 3 (collectively, the "Term"). 2. (b) Commencing on as of the first anniversary of the Effective Date and continuing on as of each anniversary of... the Effective Date thereafter, the disinterested members of the Board boards of directors of the Company may extend the Agreement Term term for an additional year, year (or such longer period of time as the parties may mutually agree), so that the remaining Term term of the Agreement again becomes twenty-four (24) months, full months (or longer, if agreed upon) from the applicable anniversary of the Effective Date, unless the Executive elects not to extend the Term term of this Agreement by giving written notice in accordance with' Section 18 at least thirty (30) days prior to the applicable anniversary date. (c) The disinterested members of this Agreement. The Board the board of directors of the Company will review the Agreement and the Executive's performance annually for purposes of determining whether to extend the Agreement Term term and will include the rationale and results of its review in the minutes of its meeting. the meetings. The Board or the Compensation Committee will notify the Executive within no earlier than sixty (60) days after its annual review prior to the applicable anniversary date whether it has determined to extend the Term of the Agreement. (d) Nothing in this Agreement shall mandate or prohibit a continuation continuing of the Executive's employment following the expiration of the Term term of this Agreement. Agreement, upon such terms and conditions as the Company and the Executive may mutually agree. View More
Term. The a.The term of this Agreement shall include: (i) the initial term, consisting of the period commencing on the date of this Agreement (the "Effective Date") and ending on the second third anniversary of the Effective Date, plus (ii) any and all extensions of the initial term made pursuant to this Section 3. (collectively, the "Term"). Commencing on b.Commencing as of the first anniversary of the Effective Date and continuing on as of each anniversary of the Effective Date thereafter, the disin...terested members of the Board may extend the Agreement Term term for an additional year, year so that the remaining Term term of the Agreement again becomes twenty-four (24) months, thirty-six (36) full months from the applicable anniversary of the Effective Date, unless Executive elects not to extend the Term term of this Agreement by giving written notice in accordance with' Section 18 at least thirty (30) days prior to the applicable anniversary date. c.The disinterested members of this Agreement. The the Board will review the Agreement and Executive's performance annually for purposes of determining whether to extend the Agreement Term term and will include the rationale and results of its review in the minutes of its meeting. the meetings. The Board will notify Executive within no earlier than sixty (60) days after its annual review and no later than thirty (30) days prior to the applicable anniversary date whether it has determined to extend the Term of the Agreement. Nothing d.Nothing in this Agreement shall mandate or prohibit a continuation of Executive's employment following the expiration of the Term term of this Agreement. Agreement, upon such terms and conditions as the Company and Executive may mutually agree. View More
Term. Subject to 5 of this Agreement, the Executive's initial term of employment hereunder shall be from the period beginning on July 22, 2021 (the "Effective Date") through July 1, 2025 (the "Initial Term"). Thereafter, 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 at least 90 days prior to the end of the Initial Term or one-year ext...ension thereof. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term."View More
Term. Subject to Section 5 of this Agreement, the Executive's initial term of employment hereunder shall be from the period beginning on July 22, 2021 January 1, 2022 (the "Effective Date") through July 1, 2025 December 31, 2022 (the "Initial Term"). Thereafter, 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 at least 90 days prior to t...he end of the Initial Term or one-year extension thereof. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." View More
Term. Subject to Section 5 of this Agreement, the Executive's initial term of employment hereunder shall be from the period beginning on July 22, 2021 October 11, 2022 (the "Effective Date") through July 1, 2025 for a period of three years. (the "Initial Term"). Thereafter, the Agreement shall be deemed to be automatically extended, upon the same terms and conditions, for successive periods of one year, three years, unless either party provides written notice of its intention not to extend the term at... least 90 days prior to the end of the Initial Term or one-year extension thereof. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." View More
Term. Subject to Section 5 of this Agreement, the Executive's initial term of employment hereunder shall be from the period beginning on July 22, 2021 January 1, 2023 (the "Effective Date") through July 1, 2025 December 31, 2023 (the "Initial Term"). Thereafter, 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 at least 90 days prior to t...he end of the Initial Term or one-year extension thereof. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." View More
Term. The Executive's employment hereunder will commence on the Effective Date and will continue for an indefinite term until terminated pursuant to Section 5. The period during which the Executive is employed by the Company hereunder is referred to as the "Term". The Company recognizes that the Executive's employment with the Company commenced on May 1, 2019.
Term. The Executive's employment hereunder will commence on the Effective Date and will continue for an indefinite term until terminated pursuant to Section 5. The period during which the Executive is employed by the Company hereunder is referred to as the "Term". The Company recognizes that the Executive's employment with the Company commenced on May 1, 2019.
