Term Contract Clauses (8,450)

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. 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
View Variations (3)
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
View Variations (3)
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
View Variations (3)
Term. (a) This Agreement shall continue in effect for a period of one year from the date the Agreement was entered into unless otherwise terminated as set forth in this Section 6. The Trading Advisor may terminate this Agreement at the end of such one-year period by providing prior written notice of termination to the Trading Company at least sixty days prior to the expiration of such one-year period. If the Agreement is not terminated upon the expiration of such one-year period, this Agreement shall ...automatically renew for an additional one-quarter period and shall continue to renew for additional one-quarter periods until this Agreement is otherwise terminated, as provided for herein. This Agreement shall automatically terminate if the Trading Company is dissolved. (b) The Trading Company and Managing Member each shall have the right to terminate this Agreement in its discretion (i) at any month end upon five days' prior written notice to the Trading Advisor, or (ii) at any time upon prior written notice to the Trading Advisor upon the occurrence of any of the following events: (A) if any person described as a "principal" of the Trading Advisor in the Prospectus ceases for any reason to be an active "principal" of the Trading Advisor; (B) if the Trading Advisor becomes bankrupt or insolvent; (C) if the Trading Advisor is unable to use its trading systems or methods as in effect on the date hereof and as modified in the future for the benefit of the Trading Company; (D) if the registration, as a commodity trading advisor, of the Trading Advisor with the CFTC or its membership in the NFA is revoked, suspended, terminated, or not renewed, or limited or qualified in any respect; (E) except as provided in Section 12 hereof, if the Trading Advisor merges or consolidates with, or sells or otherwise transfers its advisory business, or all or a substantial portion of its assets, any portion of its futures interest trading systems or methods, or its goodwill to, any individual or entity; (F) if, at any time, the Trading Advisor violates any Trading Policy or administrative policy, except with the prior express written consent of the Managing Member; or (G) if the Trading Advisor fails in a material manner to perform any of its obligations under this Agreement. (c) The Trading Advisor may terminate this Agreement at any time, upon thirty days' prior written notice to the Trading Company and Managing Member, in the event: (A) that the Managing Member imposes additional trading limitation(s) in the form of one or more Trading Policies or administrative policies that the Trading Advisor does not consent to, such consent not to be unreasonably withheld; (B) the Managing Member objects to the Trading Advisor implementing a proposed material change to the Trading Program and the Trading Advisor certifies to the Managing Member in writing that it believes such change is in the best interests of the Trading Company; (C) the Managing Member or the Trading Company materially breaches this Agreement and does not correct the breach within ten days of receipt of a written notice of such breach from the Trading Advisor; (D) the Assets fall below a level at which the Trading Advisor cannot effectively implement the Trading Program; (E) the Trading Company becomes bankrupt or insolvent, or (F) the registration of the Managing Member with the CFTC as a commodity pool operator or its membership in the NFA is revoked, suspended, terminated or not renewed, or limited or qualified in any respect. If the Managing Member or Trading Company merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement, the Trading Advisor may terminate this Agreement upon prior written notice to the Managing Member and Trading Company. 9 CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. (d) Except as otherwise provided in this Agreement, any termination of this Agreement in accordance with this Section 6 shall be without penalty or liability to any party, on account of such termination. (e) The indemnities set forth in Section 7 hereof shall survive any termination of this Agreement. View More
Term. (a) This Agreement shall continue in effect for a period of one year from the date the Agreement was entered into unless otherwise terminated as set forth in this Section 6. The Trading Advisor may terminate this Agreement at the end of such one-year period by providing prior written notice of termination to the Trading Company at least sixty days prior to the expiration of such one-year period. If the Agreement is not terminated upon the expiration of such one-year period, this Agreement shall ...automatically renew for an additional one-quarter one-year period and shall continue to renew for additional one-quarter one-year periods until this Agreement is otherwise terminated, as provided for herein. This Agreement shall automatically terminate if the Trading Company is dissolved. (b) The Trading Company and Managing Member each shall have the right to terminate this Agreement in its discretion (i) at any month end upon five days' prior written notice to the Trading Advisor, or (ii) at any time upon prior written notice to the Trading Advisor upon the occurrence of any of the following events: (A) if any person described as a "principal" of the Trading Advisor in the Prospectus ceases for any reason to be an active "principal" of the Trading Advisor; (B) if the Trading Advisor becomes bankrupt or insolvent; (C) if the Trading Advisor is unable to use its trading systems or methods as in effect on the date hereof and as modified in the future for the benefit of the Trading Company; (D) if the registration, as a commodity trading advisor, of the Trading Advisor with the CFTC or its membership in the NFA is revoked, suspended, terminated, or not renewed, or limited or qualified in any respect; (E) except as provided in Section 12 hereof, if the Trading Advisor merges or consolidates with, or sells or otherwise transfers its advisory business, or all or a substantial portion of its assets, any portion of its futures interest trading systems or methods, or its goodwill to, any individual or entity; (F) if, at any time, the Trading Advisor violates any Trading Policy or administrative policy, except with the prior express written consent of the Managing Member; or (G) if the Trading Advisor fails in a material manner to perform any of its obligations under this Agreement. (c) The Trading Advisor may terminate this Agreement at any time, upon thirty days' prior written notice to the Trading Company and Managing Member, in the event: (A) that the Managing Member imposes additional trading limitation(s) in the form of one or more Trading Policies or administrative policies that the Trading Advisor does not consent to, such consent not to be unreasonably withheld; (B) the Managing Member objects to the Trading Advisor implementing a proposed material change to the Trading Program and the Trading Advisor certifies to the Managing Member in writing that it believes such change is in the best interests of the Trading Company; (C) the Managing Member or the Trading Company materially breaches this Agreement and does not correct the breach within ten days of receipt of a written notice of such breach from the Trading Advisor; (D) the Assets fall below a level at which the Trading Advisor cannot effectively implement the Trading Program; (E) the Trading Company becomes bankrupt or insolvent, or (F) the registration of the Managing Member with the CFTC as a commodity pool operator or its membership in the NFA is revoked, suspended, terminated or not renewed, or limited or qualified in any respect. If the Managing Member or Trading Company merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement, the Trading Advisor may terminate this Agreement upon prior written notice to the Managing Member and Trading Company. 9 CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. Member. (d) Except as otherwise provided in this Agreement, any termination of this Agreement in accordance with this Section 6 shall be without penalty or liability to any party, on account of such termination. (e) The indemnities set forth in Section 7 hereof 7, obligations to pay Trading Advisor under Section 5, obligations of confidentiality in Section 1 herein and Sections 11-26 shall survive any termination of this Agreement. 9 CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. View More
Term. (a) This Agreement shall continue in effect for a period of one year from the date the Agreement was entered into until December 31, 2014 unless otherwise terminated as set forth in this Section 6. The Trading Advisor may terminate this Agreement at the end of such one-year period December 31, 2014 by providing prior written notice of termination to the Trading Company at least sixty 45 days prior to the expiration of such one-year period. If the Agreement is not terminated upon the expiration o...f such one-year period, at December 31, 2014, this Agreement shall automatically renew for an additional one-quarter three-month period and shall continue to renew for additional one-quarter three-month periods until this Agreement is otherwise terminated, as provided for herein. This Agreement shall automatically terminate if the Trading Company is dissolved. (b) The Trading Company and Managing Member Trading Manager each shall have the right to terminate this Agreement in its discretion (i) at any month end upon five ten days' prior written notice to the Trading Advisor, or (ii) at any time upon prior written notice to the Trading Advisor upon the occurrence of any of the following events: (A) if any person described as a "principal" of the Trading Advisor in the Prospectus Offering Memoranda ceases for any reason to be an active "principal" of the Trading Advisor; (B) if the Trading Advisor becomes bankrupt or insolvent; (C) if the Trading Advisor is unable to use its trading systems or methods as in effect on the date hereof and as modified in the future for the benefit of the Trading Company; (D) if the registration, as a commodity trading advisor, of the Trading Advisor with the CFTC or its membership in the NFA is revoked, suspended, terminated, or not renewed, or limited or qualified in any respect; (E) except as provided in Section 12 11 hereof, if the Trading Advisor merges or consolidates with, or sells or otherwise transfers its advisory business, or all or a substantial portion of its assets, any portion of its futures interest trading systems or methods, or its goodwill to, any individual or entity; (F) if, at any time, the Trading Advisor violates any Trading Policy or administrative policy, except with the prior express written consent of the Managing Member; or Trading Manager; (G) if the Trading Advisor fails in a material manner to perform any of its obligations under this Agreement; or (H) if the Trading Advisor merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement. (c) The Trading Advisor may terminate this Agreement at any time, upon thirty ten days' prior written notice to the Trading Company and Managing Member, Trading Manager, in the event: (A) that the Managing Member Trading Manager imposes additional trading limitation(s) in the form of one or more Trading Policies or administrative policies that the Trading Advisor does not consent to, such consent not to be unreasonably withheld; (B) the Managing Member Trading Manager objects to the Trading Advisor 9 implementing a proposed material change to the Trading Program and the Trading Advisor certifies to the Managing Member Trading Manager in writing that it believes such change is in the best interests of the Trading Company; (C) the Managing Member Trading Manager or the Trading Company materially breaches this Agreement and does not correct the breach within ten days of receipt of a written notice of such breach from the Trading Advisor; (D) the Assets fall below a level $5,000,000 (after adding back trading losses) at which the Trading Advisor cannot effectively implement the Trading Program; any time; (E) the Trading Company becomes bankrupt or insolvent, or (F) the registration of the Managing Member Trading Manager with the CFTC as a commodity pool operator or its membership in the NFA is revoked, suspended, terminated or not renewed, or limited or qualified in any respect. respect; or (G) the Trading Manager adversely changes the fees applicable to the Trading Company and such change materially impacts the Trading Advisor. If the Managing Member Trading Manager or Trading Company merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement, the Trading Advisor may terminate this Agreement upon prior written notice to the Managing Member Trading Manager and Trading Company. 9 CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. (d) Except as otherwise provided in this Agreement, any termination of this Agreement in accordance with this Section 6 shall be without penalty or liability to any party, on account of such termination. (e) The indemnities set forth in Section 7 hereof shall survive any termination of this Agreement. View More
Term. (a) This Agreement shall continue in effect for a period of one year from the date the Agreement was entered into until December 31, 2014 unless otherwise terminated as set forth in this Section 6. The Trading Advisor may terminate this Agreement at the end of such one-year period December 31, 2014 by providing prior written notice of termination to the Trading Company at least sixty 45 days prior to the expiration of such one-year period. If the Agreement is not terminated upon the expiration o...f such one-year period, at December 31, 2014, this Agreement shall automatically renew for an additional one-quarter three-month period and shall continue to renew for additional one-quarter three-month periods until this Agreement is otherwise terminated, as provided for herein. This Agreement shall automatically terminate if the Trading Company is dissolved. (b) The Trading Company and Managing Member Trading Manager each shall have the right to terminate this Agreement in its discretion (i) at any month end upon five ten days' prior written notice to the Trading Advisor, or (ii) at any time upon prior written notice to the Trading Advisor upon the occurrence of any of the following events: (A) if any person described as a "principal" of the Trading Advisor in the Prospectus Offering Memoranda ceases for any reason to be an active "principal" of the Trading Advisor; (B) if the Trading Advisor becomes bankrupt or insolvent; (C) if the Trading Advisor is unable to use its trading systems or methods as in effect on the date hereof and as modified in the future for the benefit of the Trading Company; (D) if the registration, as a commodity trading advisor, of the Trading Advisor with the CFTC or its membership in the NFA is revoked, suspended, terminated, or not renewed, or limited or qualified in any respect; (E) except as provided in Section 12 11 hereof, if the Trading Advisor merges or consolidates with, or sells or otherwise transfers its advisory business, or all or a substantial portion of its assets, any portion of its futures interest trading systems or methods, or its goodwill to, any individual or entity; (F) if, at any time, the Trading Advisor violates any Trading Policy or administrative policy, except with the prior express written consent of the Managing Member; or Trading Manager; (G) if the Trading Advisor fails in a material manner to perform any of its obligations under this Agreement; or (H) if the Trading Advisor merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement. (c) The Trading Advisor may terminate this Agreement at any time, upon thirty ten days' prior written notice to the Trading Company and Managing Member, Trading Manager, in the event: (A) that the Managing Member Trading Manager imposes additional trading limitation(s) in the form of one or more Trading Policies or administrative policies that the Trading Advisor does not consent to, such consent not 9 to be unreasonably withheld; (B) the Managing Member Trading Manager objects to the Trading Advisor implementing a proposed material change to the Trading Program and the Trading Advisor certifies to the Managing Member Trading Manager in writing that it believes such change is in the best interests of the Trading Company; (C) the Managing Member Trading Manager or the Trading Company materially breaches this Agreement and does not correct the breach within ten days of receipt of a written notice of such breach from the Trading Advisor; (D) the Assets fall below a level $5,000,000 (after adding back trading losses) at which the Trading Advisor cannot effectively implement the Trading Program; any time; (E) the Trading Company becomes bankrupt or insolvent, or (F) the registration of the Managing Member Trading Manager with the CFTC as a commodity pool operator or its membership in the NFA is revoked, suspended, terminated or not renewed, or limited or qualified in any respect. respect; or (G) the Trading Manager adversely changes the fees applicable to the Trading Company and such change materially impacts the Trading Advisor. If the Managing Member Trading Manager or Trading Company merges, consolidates or sells a substantial portion of its assets pursuant to Section 11 of this Agreement, the Trading Advisor may terminate this Agreement upon prior written notice to the Managing Member Trading Manager and Trading Company. 9 CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. (d) Except as otherwise provided in this Agreement, any termination of this Agreement in accordance with this Section 6 shall be without penalty or liability to any party, on account of such termination. (e) The indemnities set forth in Section 7 hereof shall survive any termination of this Agreement. View More
View Variations (3)
Term. This agreement shall be effective as of the date of this agreement and shall be for a multi-year term commencing on such effective date and expiring on December 31, 2018. This agreement will automatically renew for one-year periods annually thereafter, unless either party gives the other party thirty (30) days written notice in advance of the relevant expiration date of its intention not to renew the agreement. Upon expiration or earlier termination of this employment relationship, the parties w...ill be relieved of their duties and obligations under this agreement, except that the rights and obligations of Unilife under Section 6 below shall remain in full force and effect until all appropriate payments have been made to Ryan and the rights and obligations of Ryan set forth in Sections 7 and 8 below shall remain in full force and effect and shall survive the expiration or termination of this agreement, regardless of the reason(s) for termination. View More
Term. This agreement shall be effective as of the date of this agreement and shall be for a multi-year term commencing on such effective date and expiring on December 31, 2018. This agreement will automatically renew for one-year periods annually thereafter, unless either party gives the other party thirty (30) days written notice in advance of the relevant expiration date of its intention not to renew the agreement. Upon expiration or earlier termination of this employment relationship, the parties p...rovisions of this agreement will be relieved survive in accordance with their terms or as otherwise necessary to fulfill their intended purposes. For avoidance of their duties and obligations under this agreement, except that doubt, the rights and obligations of Unilife under Section 6 below shall remain in full force and effect until all appropriate payments due to him have been made to Ryan and the rights and obligations of Ryan set forth in Sections 7 and 8 below shall remain in full force and effect and shall survive the expiration or termination of this agreement, regardless of the reason(s) for termination. View More
View Variations (3)
Term. The Company hereby employs the Executive, and the Executive hereby accepts such employment, for an initial term commencing as of the Effective Date and continuing for a term of five years, through September 16, 2019 (the "Termination Date") unless sooner terminated in accordance with the provisions of Section 5 hereof (the "Initial Term"), with such employment to continue for successive one-year periods in accordance with the terms of this Agreement (subject to termination as aforesaid) unless e...ither Party notifies the other Party of non-renewal in writing prior to three months before the expiration of the initial term and each annual renewal, as applicable. (The period during which the Executive is employed hereunder being hereinafter referred to as the "Term"). View More
Term. The Company hereby employs the Executive, and the Executive hereby accepts such employment, for an initial term commencing as of the Effective Date March 21, 2017 (the "Commencement Date") and continuing for a term of five years, through September 16, 2019 (the "Termination Date") four (4) year period, unless sooner terminated in accordance with the provisions of Section 5 hereof (the "Initial Term"), 4 or Section 5; with such employment to continue for successive one-year (1) periods in accorda...nce with the terms of this Agreement (subject to termination as aforesaid) unless either Party the Company notifies the other Party Executive of non-renewal in writing six (6) months prior to three months before the expiration of the initial term and each annual renewal, as applicable. (The applicable (the period during which the Executive is employed hereunder being hereinafter referred to as the "Term"). View More
Term. The Company hereby employs the Executive, and the Executive hereby accepts such employment, for an initial term commencing as of the Effective Date and continuing for a term of five years, through September 16, 2019 January 31, 2022 (the "Termination Date") unless sooner terminated in accordance with the provisions of Section 5 hereof (the "Initial Term"), with such employment to continue for successive one-year periods in accordance with the terms of this Agreement (subject to termination as af...oresaid) unless either Party notifies the other Party of non-renewal in writing prior to three months before the expiration of the initial term and each annual renewal, as applicable. (The period during which the Executive is employed hereunder being hereinafter referred to as the "Term"). View More
Term. The Company hereby employs continues to employ the Executive, and the Executive hereby accepts such continued employment, for an initial a term commencing as of the Effective Date and continuing for a term of five years, through September 16, 2019 (the "Termination Date") three-year period, unless sooner terminated in accordance with the provisions of Section 5 hereof (the "Initial Term"), 4 or Section 5; with such employment to continue for successive one-year periods in accordance with the ter...ms of this Agreement (subject to termination as aforesaid) unless either Party party notifies the other Party party of non-renewal in writing prior to three months at least 30 days before the expiration of the initial term and each or any annual renewal, renewal term, as applicable. (The applicable (the period during which the Executive is employed hereunder being hereinafter referred to as the "Term"). View More
View Variations (3)
Term. Subject to termination of Employee's employment pursuant to Section 7 below, the initial term of Employee's employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it shall give the other party written notice of its intent to ca...ncel at least 90 days prior to the expiration of the initial term or any renewal period thereof. The term of Employee's employment under this Agreement shall be defined as the "Term." 3. Position and Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company's Executive Vice President and Chief Administrative and Legal Officer and undertake such additional duties as provided in Section 3.02 below. 1 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company's Chairman, Vice Chairman or Board of Directors may, from time to time, direct that Employee assist and provide services to one or more other entities (the "Affiliates") directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of the Company on the date hereof, or their successors, heirs, beneficiaries or assigns ("Adams"). Employee's duties shall be performed in Lincolnshire, Illinois. Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company's Board of Governors, significantly interfere with the performance of Employee's duties hereunder. View More
Term. Subject to termination of Employee's employment pursuant to Section 7 below, this Agreement shall be effective as of the initial term of Effective Date and Employee's employment hereunder shall be for a period of five (5) years commencing as of the date of this Agreement and, upon the expiration of the initial term hereof, shall be automatically renewed for successive three (3) year periods unless either party desires to cancel this Agreement after the initial term or renewal periods, then it sh...all give the other party written notice of its intent to cancel at least 90 days prior to the expiration of the initial term or any renewal period thereof. Effective Date. The term of Employee's employment under this Agreement shall be defined as the "Term." 3. Position and Position, Duties. 3.01 Title. During the Term, Employee agrees to serve as the Company's Executive Vice President of Operations and Chief Administrative and Legal Financial Officer and undertake such other or additional duties as provided in Section 3.02 below. 1 may be directed by the Board of Governors or Chief Executive Officer. 3.02 Duties. During the term of this Agreement, Employee agrees to serve the Company, and the Company agrees to employ the Employee as Executive Vice President and Chief Administrative and Legal Officer, and Employee will faithfully and to the best of his ability discharge his duties and will devote his full time during business hours for the Company and to the business and affairs of the Company.Employee Company, its direct and indirect subsidiaries and certain Affiliates (as defined below) of the Company. Employee hereby confirms that during the term of this Agreement, he will not render or perform services for any other corporation, firm, entity or person. In addition, Employee understands that the Company's Chairman, Vice Chairman or Board of Directors Governors or Chief Executive Officer may, from time to time, direct that Employee assist and provide services to one or more other entities (the "Affiliates") directly or indirectly owned or controlled by Stephen Adams, whose trust is the indirect controlling shareholder of by, or under common ownership or control with, the Company on the date hereof, or their successors, heirs, beneficiaries or assigns ("Adams"). Employee's duties shall be performed in Lincolnshire, Illinois. ("Affiliates"). Employee recognizes that he will be required to travel outside of Chicago, Illinois to perform certain of his duties. 1 Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation does not, in the judgment of the Company's Board of Governors, significantly interfere with the performance of or create a potential conflict with Employee's duties hereunder. View More
View Variations (4)
Term. The initial term of this Agreement shall commence on May 1, 2015 and continue through December 31, 2018, subject to termination or extension as provided herein. This Agreement shall automatically renew from year to year thereafter, unless either party gives at least 120 days prior written notice of its election to either terminate or to renegotiate the terms of this Agreement at the end of the initial term or any then current renewal term.
Term. The initial term of this Agreement shall commence on May 1, 2015 the complete execution of this Agreement and continue through December 31, 2018, 2020, subject to termination or extension as provided herein. This Agreement shall automatically renew from year to year thereafter, unless either party gives at least 120 sixty (60) days prior written notice of its election to either terminate or to renegotiate the terms of this Agreement at the end of the initial term or any then current renewal term.... View More
View Variations (3)
Term. In accordance with the provisions of Section 13.01 of the Advisory Agreement, the term of the Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Advisory Agreement is acknowledged and agreed by the Parties to be a one-year term commencing December 20, 2016 and ending December 19, 2017.2. Ratification; Effect on Advisory Agreement. The Advisory Agreement shall remain in full force and effect and is hereby confirmed in all... respects. On and after the date hereof, each reference in the Advisory Agreement to "this Agreement," "herein," "hereof," or words of similar import will mean and be a reference to the Advisory Agreement as renewed hereby.3. Modification. This Agreement shall not be changed, modified, terminated, or discharged, in whole or in part, except by an instrument in writing signed by both parties hereto, or their respective successors or assignees.4. Construction; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to principles of conflicts of laws. Any suit involving any dispute or matter arising under this Agreement may only be brought in the federal or state courts located in the State of Delaware. Each of the parties hereto consents to the exercise of personal jurisdiction by such courts with respect to all such proceedings. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ANY AND ALL RIGHTS TO A JURY TRIAL, TO THE FULLEST EXTENT THAT ANY SUCH RIGHT SHALL NOW OR HEREAFTER EXIST, IN ANY PROCEEDING, CLAIM, COUNTER-CLAIM OR OTHER ACTION INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT.5. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. This Agreement shall become binding when the counterparts hereof, taken together, bear the signatures of all of the parties reflected hereon as the signatories. View More
Term. In accordance with the provisions of Section 13.01 1.4 of the Advisory Sharing Agreement, the term of the Advisory Sharing Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 1.4 of the Advisory Sharing Agreement is acknowledged and agreed by the Parties to be a one-year term commencing December 20, 2016 May 7, 2022 and ending December 19, 2017.2. May 7, 2023.2. Ratification; Effect on Advisory Sharing Agreement. The Advisory Sharing Agr...eement shall remain in full force and effect and is hereby confirmed in all respects. On and after the date hereof, each reference in the Advisory Sharing Agreement to "this Agreement," "herein," "hereof," or words of similar import will mean and be a reference to the Advisory Sharing Agreement as renewed hereby.3. Modification. This Agreement shall not be changed, modified, terminated, or discharged, in whole or in part, except by an instrument in writing signed by both parties hereto, or their respective successors or assignees.4. Construction; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, Utah, without regard to principles of conflicts of laws. Any suit involving any dispute or matter arising under this Agreement may only be brought in the federal or state courts located in the State of Delaware. Utah. Each of the parties hereto consents to the exercise of personal jurisdiction by such courts with respect to all such proceedings. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ANY AND ALL RIGHTS TO A JURY TRIAL, TO THE FULLEST EXTENT THAT ANY SUCH RIGHT SHALL NOW OR HEREAFTER EXIST, IN ANY PROCEEDING, CLAIM, COUNTER-CLAIM OR OTHER ACTION INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT.5. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. This Agreement shall become binding when the counterparts hereof, taken together, bear the signatures of all of the parties reflected hereon as the signatories. View More
Term. In accordance with the provisions of Section 13.01 of the Third Advisory Agreement, the term of the Third Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Third Advisory Agreement is acknowledged and agreed by the Parties to be a one-year term commencing December 20, 2016 September 15, 2018 and ending December 19, 2017.2. September 14, 2019.2. Ratification; Effect on Third Advisory Agreement. The Third Advisory Agreeme...nt shall remain in full force and effect and is hereby confirmed in all respects. On and after the date hereof, each reference in the Third Advisory Agreement to "this Agreement," "herein," "hereof," or words of similar import will mean and be a reference to the Third Advisory Agreement as renewed hereby.3. Modification. This Agreement shall not be changed, modified, terminated, or discharged, in whole or in part, except by an instrument in writing signed by both parties hereto, or their respective successors or assignees.4. Construction; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to principles of conflicts of laws. Any suit involving any dispute or matter arising under this Agreement may only be brought in the federal or state courts located in the State of Delaware. Each of the parties hereto consents to the exercise of personal jurisdiction by such courts with respect to all such proceedings. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ANY AND ALL RIGHTS TO A JURY TRIAL, TO THE FULLEST EXTENT THAT ANY SUCH RIGHT SHALL NOW OR HEREAFTER EXIST, IN ANY PROCEEDING, CLAIM, COUNTER-CLAIM OR OTHER ACTION INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT.5. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. This Agreement shall become binding when the counterparts hereof, taken together, bear the signatures of all of the parties reflected hereon as the signatories. View More
Term. In accordance with the provisions of Section 13.01 of the Advisory Agreement, the term of the Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Advisory Agreement is acknowledged and agreed by the Parties parties to be a one-year term commencing December 20, 2016 April 28, 2018 and ending December 19, 2017.2. April 27, 2019.2. Ratification; Effect on Advisory Agreement. The Advisory Agreement shall remain in full force ...and effect and is hereby confirmed in all respects. On and after the date hereof, each reference in the Advisory Agreement to "this Agreement," "herein," "hereof," or words of similar import will mean and be a reference to the Advisory Agreement as renewed hereby.3. Modification. This Agreement shall not be changed, modified, terminated, or discharged, in whole or in part, except by an instrument in writing signed by both parties hereto, or their respective successors or assignees.4. Construction; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State Commonwealth of Delaware, Pennsylvania, without regard to principles of conflicts of laws. Any suit involving any dispute or matter arising under this Agreement may only be brought in the federal or state courts located in the State Commonwealth of Delaware. Pennsylvania. Each of the parties hereto consents to the exercise of personal jurisdiction by such courts with respect to all such proceedings. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ANY AND ALL RIGHTS TO A JURY TRIAL, TO THE FULLEST EXTENT THAT ANY SUCH RIGHT SHALL NOW OR HEREAFTER EXIST, IN ANY PROCEEDING, CLAIM, COUNTER-CLAIM OR OTHER ACTION INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT.5. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. This Agreement shall become binding when the counterparts hereof, taken together, bear the signatures of all of the parties reflected hereon as the signatories. AGREEMENT. View More
View Variations (3)
Term. Executive's employment hereunder will be effective as of the Effective Date and will continue until the third anniversary thereof, unless terminated earlier pursuant to Section 5 below; provided that, on such third anniversary of the Effective Date and each annual anniversary thereafter (such date and each annual anniversary thereof, a "Renewal Date"), this Agreement will be deemed to be automatically extended, upon the same terms and conditions, for successive periods of one year, unless either... party provides written notice of its intention not to extend the term of this Agreement at least 30 days prior to the applicable Renewal Date. The period during which Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." 2. Position and Duties. 2.1 Position. During the Employment Term, Executive will serve as the Chief Operating Officer of the Company, reporting to the Company's Chief Executive Officer. In such position, Executive will provide oversight for all the Company's daily operations, including primary responsibility for the Company's subsidiary, Eagle Spirit Land and Water Company. 2.2 Duties. During the Employment Term, subject to Section 4.1(a), Executive will devote substantially all of Executive's business time and attention to the performance of Executive's duties hereunder and will not, without the prior written consent of the Board of Directors of the Company (the "Board"), engage in any other business activities that materially conflict or interfere with the performance of such services or which engage in competition with the Company during the term of this Agreement. 1 3. Place of Performance. The principal place of Executive's employment will be the Company's principal executive office currently located at 9101 LBJ Freeway, Suite 200, Dallas, Texas 75243. View More
Term. Executive's employment hereunder will be effective as of the Effective Date and will continue until the third anniversary thereof, unless terminated earlier pursuant to Section 5 below; provided that, on such third anniversary of the Effective Date and each annual anniversary thereafter (such date and each annual anniversary thereof, a "Renewal Date"), this Agreement will be deemed to be automatically extended, upon the same terms and conditions, for successive periods of one year, unless either... party provides written notice of its intention not to extend the term of this Agreement at least 30 days prior to the applicable Renewal Date. The period during which Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term." 2. Position and Duties. 2.1 Position. During the Employment Term, Executive will serve as the President and Chief Operating Executive Officer of the Company, reporting to the Company's Chief Executive Officer. Board of Directors. In such position, Executive will provide oversight strategic leadership for all the Company by working with the Board of Directors and other Executive Management to establish the Company's daily operations, including primary responsibility for the Company's subsidiary, Eagle Spirit Land long-range goals, strategies, plans and Water Company. policies. 2.2 Duties. During the Employment Term, subject to Section 4.1(a), Executive will devote substantially all of Executive's business time and attention to the performance of Executive's duties hereunder and will not, without the prior written consent of the Board of Directors of the Company (the "Board"), engage in any other business activities that materially conflict or interfere with the performance of such services or which engage in competition with the Company during the term of this Agreement. 1 3. Place of Performance. The principal place of Executive's employment will be the Company's principal executive office currently located at 9101 LBJ Freeway, Suite 200, Dallas, Texas 75243. View More
View Variations (3)