Term Contract Clauses (29,674)

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. 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 Arrow
Term. Executive's employment under this Agreement shall continue, subject to earlier termination of such employment pursuant to the terms hereof, from the Effective Date until the first third anniversary of the Effective Date (the "Employment Period"). On the first third anniversary of the Effective Date and on each anniversary thereof, the Employment Period shall be automatically extended for an additional twelve-month period. The period; provided, however, that 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 90 days prior to the end of the initial Employment Period and 90 days prior to the end of (including any extended Employment Period. twelve-month extension thereof). View More Arrow
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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 Arrow
Term. Subject to the terms and conditions hereof, the term of employment of Executive pursuant to this Agreement will commence on May 1, 2018 as of the effective date hereof (the "Commencement Date") and will end on January 31, 2020, that date in the year 2017, 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. (a)Salary. Commencing upon the ... class="diff-color-red">Commencement Date, date of this Agreement, Executive will be paid an annual base salary of $1,200,000 (i) $280,000 for the entire first year of the Term, (ii) $300,000 for the second year of the Term and (iii) $320,000 for the third year of the 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. (b)Bonus. As further compensation, Executive will be eligible for bonuses as determined from time to time by the Board of Directors. (c) Expenses. (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; (d)Benefits; Insurance. (i) Medical, (i)Medical, Dental and Vision Benefits. During the Term, this Agreement, 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 (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 (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. (e)Vacation. Executive will be entitled to two weeks paid vacation each year of this Agreement. View More Arrow
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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 Arrow
Term. The term of this Agreement shall commence on January 1, 2018 2021 and, unless earlier terminated as provided in Section 6 below, shall terminate on January 1, 2021 2023 (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, Term and 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 Arrow
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Term. Tenant shall have and hold the Premises for the Lease Term. The Lease Term shall commence on the Commencement Date. Landlord shall determine the Commencement Date as provided in Basic Lease Information and Defined Terms article of this Lease and shall notify Tenant of the date so determined. Tenant shall, if Landlord so requests, thereafter execute and return within ten days a letter confirming the Commencement Date and the expiration date of this Lease.
Term. This Lease shall constitute a legally binding and enforceable agreement as of the Date of this Lease. Tenant shall have and hold the Premises for the Lease Term. The Lease Term shall commence on the Commencement Date. Landlord shall determine the Commencement Date as provided in the Basic Lease Information and Defined Terms article of this Lease Lease, and shall notify Tenant of the date so determined. Tenant shall, if Landlord so requests, thereafter execute and return within ten days a letter... confirming the Commencement Date and the expiration date of this Lease. View More Arrow
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Term. The term of the Agreement as amended and restated (the "Term") shall commence on the Amendment Effective Date and shall terminate on December 31, 2020 (the "Initial Expiration Date"), or upon the Employee's earlier death, or other termination of employment pursuant to Section 10 hereof. The Term shall automatically be renewed or extended for additional one year periods beyond its otherwise scheduled expiration unless, not later than ninety (90) days prior to any such expiration, either party... hereto shall have notified the other party in writing that such renewal extension shall not take effect. View More Arrow
Term. The term of the this Agreement as amended and restated (the "Term") shall commence on as of the Amendment Effective Date set forth above and shall terminate on December 31, 2020 (the "Initial Expiration Date"), 2017, or upon the Employee's earlier death, or other termination of employment pursuant to Section 10 hereof. The Term shall automatically be renewed or extended for additional one year periods beyond its otherwise scheduled expiration unless, not later than ninety (90) days prior to any... such expiration, either party hereto shall have notified the other party in writing that such renewal extension shall not take effect. View More Arrow
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Term. a) Subject to termination pursuant to Section 9, the term of the employment by the Company of the Executive pursuant to this Agreement (as the same may be renewed or extended, the "Term") will commence on the date hereof (the "Effective Date") and terminate on March 14, 2020. b) Commencing on March 14, 2020 and on each subsequent anniversary thereof, this Agreement shall automatically renew for successive one-year periods upon all terms and conditions herein, unless either party shall provide... written notice to the other not less than ninety (90) days prior to the expiration of the Term. Notwithstanding any other provision of this Agreement, any non-renewal by the Company of this Agreement shall constitute a termination by the Company without Cause and will serve as a termination event giving rise to the Executive's right to receive payments pursuant to Section 9(e) as if the expiration of this Agreement were the Date of Termination, unless employment continues after the expiration of this Agreement on terms mutually agreed by the Company and the Executive. View More Arrow
Term. a) Subject to termination pursuant to Section 9, the term of the employment by the Company of the Executive pursuant to this Agreement (as the same may be renewed or extended, the "Term") will commence on the date hereof (the "Effective Date") and terminate on March 14, 2020. b) Commencing on March 14, 2020 and on each subsequent anniversary thereof, this Agreement shall automatically renew for successive one-year periods upon all terms and conditions herein, unless either party shall provide... written notice to the other not less than ninety (90) days prior to the expiration of the Term. Notwithstanding any other provision of this Agreement, any non-renewal by the Company of this Agreement shall constitute a termination by the Company without Cause and will serve as a termination event giving rise to the Executive's right to receive payments pursuant to Section 9(e) as if the expiration of this Agreement were the Date of Termination, unless employment continues after the expiration of this Agreement on terms mutually agreed by the Company and the Executive. View More Arrow
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Term. The term of this Agreement shall begin on the Effective Date and shall automatically terminate upon the expiration or termination of the Amended Guaranty.
Term. The term of this Agreement shall begin on the Effective Date and shall automatically terminate upon the expiration or termination of the Amended Guaranty. Guaranties.
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Term. The Plan shall be effective as of April 1, 2019 and shall continue until it is amended or terminated by Nextdoor in accordance with Section 9 below (the "Plan Period").
Term. The Plan shall be effective as of April January 1, 2019 2023 and shall continue until it is amended or terminated by Nextdoor in accordance with Section 9 below (the "Plan Period").
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Term. You shall provide the Services from February 1, 2021 (the "Effective Date") through the Business Combination unless this Agreement is terminated earlier as provided herein (the "Term"). The Company may terminate this Agreement, without notice, prior to the Business Combination upon: (a) a material breach of the Agreement by you; (b) a conviction of you for a criminal offense involving, but not limited to, fraud, dishonesty, gross misfeasance, moral turpitude or a felony; (c) the cancelation of... the Initial Public Offering of the Company; or (d) the cessation of business of the Company. The Company may also terminate this Agreement for any reason or no reason with 180 days' notice to you and you may terminate this Agreement for any reason or no reason with 60 days' notice to the Company. Upon termination of this Agreement, all of the Company's obligations to you shall immediately cease, except for reimbursement of any expenses to the date incurred prior to the date of such termination, but only to the extent the Company has agreed to pay such expenses. View More Arrow
Term. You shall provide the Services from February 1, I, 2021 (the "Effective " Effective Date") through the Business Combination unless this Agreement is terminated earlier as provided herein (the "Term"). The Company may terminate this Agreement, without notice, prior to the Business Combination upon: (a) a material breach of the Agreement by you; (b) a conviction of you for a criminal offense involving, but not limited to, fraud, fraud , dishonesty, gross misfeasance, moral turpitude or a felony;... (c) the cancelation of the Initial Public Offering of the ofthe Company; or (d) the cessation of business of the Company. The Company may also terminate this Agreement for any reason or no reason with 180 days' days ‘ notice to you and you may terminate this Agreement for any reason or no reason with 60 days' notice to the Company. Upon termination of this Agreement, all of the Company's obligations to you shall immediately cease, except for reimbursement its obligation to pay you the portion of any expenses to the date incurred prior Consulting Fee earned up to the date of such termination, but only to the extent the Company has agreed to pay such expenses. termination. View More Arrow
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Term. One year from execution, unless notice of termination is provided by the Company no less than 10 days before the applicable Notice Date as set forth on Appendix B (each, a Notice Period); and following one year as provided in Appendix B. Terminable at any time by Company with 30 days' notice (or immediately in the event of material breach). For the avoidance of doubt, Company's Board of Directors has the sole discretion to decide whether to continue the agreement as provided on Appendix B. No... expiration or termination of this Agreement shall affect (a) the confidentiality and indemnification provisions set forth in Section 3, 4 and 5 of the attached Additional Terms and Conditions, or (b) Consultant's right to receive, and the Company's obligation to pay, any and all fees due (if any, as applicable). View More Arrow
Term. One year from execution, unless notice of termination is provided by the Company no less than 10 days before the applicable Notice Date as set forth on Appendix B (each, a Notice Period); and following one year as provided in Appendix B. Terminable at any time by Company with 30 days' notice (or immediately in the event of material breach). For the avoidance of doubt, Company's Board of Directors has the sole discretion to decide whether to continue the agreement as provided on Appendix B. No... expiration or termination of this Agreement shall affect (a) the confidentiality and indemnification provisions set forth in Section 3, 4 and 5 of the attached Additional Terms and Conditions, or (b) Consultant's right to receive, and the Company's obligation to pay, any and all fees due (if any, as applicable). 2 4. Third-Party Beneficiaries. The parties agree and understand that there are no third-party beneficiaries to this Agreement. Accordingly, no third party shall have any right to pursue or enforce any right or remedy hereunder; to assert a claim against Consultant; or to assert reliance in any manner on Consultant's advice or work product. View More Arrow
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