Term Contract Clauses (29,607)
Grouped Into 454 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 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.
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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
... resigned 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.
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Term. The Agreement is effective as of the date hereof and shall terminate, except to the extent that any obligation hereunder remains unpaid as of such time, upon the earliest of the following: (i) the termination of the Executive's employment with the Corporation prior to or simultaneously with a Change in Control; or (ii) three years from the date of a Change in Control; or (iii) May 1, 2023, but only if no Change in Control has occurred as of such date.
Term.
The This Agreement is effective as of the date hereof and shall terminate, except to the extent that any obligation
hereunder remains unpaid as of such time, upon the earliest of the following:
(i) the termination (i)termination of the Executive's employment with the Corporation prior to
or simultaneously with a Change in Control; or
(ii) three years (ii)one year from the date of a Change in Control; or
(iii) May (iii)May 1,
2023, 2025, but only if no Change in Control has occurred as of such
... date.
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Term. The Agreement is effective as of the date hereof and shall terminate, except to the extent that any obligation hereunder remains unpaid as of such time, upon the earliest of the following: (i) the termination of the Executive's employment with the Corporation prior to or simultaneously with a Change in Control; or (ii)
three two years from the date of a Change in Control; or (iii) May 1,
2023, 2020, but only if no Change in Control has occurred as of such date.
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Term. The engagement of Loeb by the Company as provided in Section 1 shall commence on the date hereof, and continue through and until December 31, 2020, unless earlier terminated as hereinafter provided (the period of such engagement, the "Term").
Term. The engagement of Loeb by the Company as provided in Section 1 shall commence on the date hereof, and continue through and until December 31,
2020, 2021, unless earlier terminated as hereinafter provided (the period of such engagement, the "Term").
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Term. The Subscriber's obligation to acquire the Securities hereunder, and the Company's obligation to sell the Securities hereunder, shall be in effect until the earlier of (i) the consummation of the Business Combination within the time frame permitted by the Company's amended and restated certificate of incorporation (the "Charter"), which, as of the date hereof, is expected to be 24 months from the consummation of the IPO, including any extensions beyond such term effected pursuant to the terms
... of the Charter, and (ii) the liquidation of the Company in the event that the Company is unable to consummate the Business Combination within the time frame permitted by the Charter (including any extensions).
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Term.
The 9.1 Termination. Unless otherwise terminated by mutual agreement, the Subscriber's obligation to acquire the Securities hereunder, and the Company's obligation to sell the Securities hereunder, shall be in effect until the
earlier occurrence of
any of the following (upon which occurrence this Agreement shall automatically terminate): (i) the consummation of the Business Combination within the time frame permitted by the Company's amended and restated certificate of incorporation (the
... "Charter"), which, as of the date hereof, is expected to be 24 months from the consummation of the IPO, IPO (or 27 months if the Company enters into a letter of intent in connection with the Business Combination), including any extensions beyond such term effected pursuant to the terms of the Charter, and (ii) the liquidation of the Company in the event that the Company is unable to consummate the Business Combination within the time frame permitted by the Charter (including any extensions). 9.2 Effect of Termination. In the event of any termination of this Agreement pursuant to this Section 9, the Purchase Price (and interest thereon, if any), if previously paid, and all of the Subscriber's funds paid in connection herewith shall be promptly returned to the Subscriber, and thereafter this Agreement shall forthwith become null and void and have no effect, without any liability on the part of the Subscriber or the Company and their respective directors, officers, employees, partners, managers, members, stockholders or other equityholders and all rights and obligations of each party shall cease; provided, however, that nothing contained in this Section 9 shall relieve any party from liabilities or damages arising out of any fraud or willful breach by such party of any of its representations, warranties, covenants or agreements contained in this Agreement. 12 10. Disclosure. The Subscriber hereby acknowledges that (i) the terms of this Agreement will be disclosed in the registration statement filed by the Company for its IPO (the "Registration Statement"), (ii) this Agreement will be filed with the SEC as an exhibit to the Registration Statement and (iii) the Company will disclose the terms of this Agreement to potential IPO investors and to potential Business Combination targets.
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Term. The Subscriber's obligation to acquire the
Forward Purchase Securities hereunder, and the Company's obligation to sell the
Forward Purchase Securities hereunder, shall be in effect until the earlier of (i) the consummation of the Business Combination within the time frame permitted by the Company's amended and restated
certificate memorandum and articles of
incorporation (the "Charter"), associations, which, as of the date hereof, is expected to be 24 months from the consummation of the IPO,
... including any extensions beyond such term effected pursuant to the terms of the Charter, amended and restated memorandum and articles of association, and (ii) the liquidation of the Company in the event that the Company is unable to consummate the Business Combination within the time frame permitted by the Charter amended and restated memorandum and articles of association (including any extensions). 14 10. Disclosure. The Subscriber hereby acknowledges that (i) the terms of this Agreement will be disclosed in the Registration Statement, (ii) if deemed reasonably necessary by the Company, this Agreement will be filed with the Commission as an exhibit to the Registration Statement and (iii) the Company will disclose the terms of this Agreement to potential IPO investors and to potential Business Combination targets. Notwithstanding the foregoing, before the filing of any such Registration Statement or the use of any marketing materials for potential IPO investors or potential Business Combination targets or otherwise in connection with the "road show" for the IPO which include the Subscriber's name, the Subscriber shall have a reasonable opportunity to review the disclosure in such Registration Statement or other marketing materials concerning the Subscriber and this Agreement and make reasonable comments thereon.
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Term. The Subscriber's obligation to acquire the Securities hereunder, and the Company's obligation to sell the Securities hereunder, shall be in effect until the earlier of (i) the consummation of the Business Combination within the time frame permitted by the Company's amended and restated certificate of incorporation (the "Charter"), which, as of the date hereof, is expected to be 24 months from the consummation of the IPO, including any extensions beyond such term effected pursuant to the terms
... of the Charter, and (ii) the liquidation of the Company in the event that the Company is unable to consummate the Business Combination within the time frame permitted by the Charter (including any extensions). 7 10. Disclosure. The Subscriber hereby acknowledges that (i) the terms of this Agreement will be disclosed in the Registration Statement, (ii) this Agreement will be filed with the Securities and Exchange Commission as an exhibit to the Registration Statement and (iii) the Company will disclose the terms of this Agreement to potential IPO investors and to potential Business Combination targets.
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Term. The initial term of this Agreement shall commence on May 2, 2022 ("Effective Date") and terminate on the third anniversary of the Effective Date (the "Initial Term") unless terminated earlier as provided in this Agreement. In addition, the term of this Agreement shall thereafter automatically renew for periods of one-year (the "Renewal Term") unless either party gives written notice to the other party at least 60 days prior to the end of the term or at least 60 days prior to any one-year
... renewal period, that the Agreement shall not be further extended. The period commencing on the Effective Date and ending on the date on which the term of the Executive's employment under the Agreement terminates is referred to herein as the "Term".
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Term. The initial term of this
Agreement agreement shall commence on
May 2, January 17, 2022
("Effective (the "Effective Date") and terminate on
the third anniversary of the Effective Date March 15, 2025 (the "Initial Term") unless terminated earlier as
hereinafter provided in this Agreement. In addition, the term of this Agreement shall thereafter automatically renew for periods of one-year (the "Renewal Term") unless either party gives written notice to the other party at least 60 days prior to the
... end of the term or at least 60 days prior to any one-year renewal period, that the Agreement shall not be further extended. The period commencing on the Effective Date and ending on the date on which the term of the Executive's employment under the Agreement terminates is referred to herein as the "Term". "Term."
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Term. Unless sooner terminated pursuant to Section 4 of this Agreement, and subject to the provisions of Section 5 and 6 hereof, the term of this Agreement (the "Term") shall commence as of the date hereof and shall continue until December 31, 2024. Any employment of Executive by the Company following the expiration of the Agreement will be at-will and not subject to any termination benefits set forth herein.
Term. Unless sooner terminated pursuant to Section 4 of this Agreement, and subject to the provisions of Section 5 and 6 hereof, the term of this Agreement (the "Term") shall commence as of
the date hereof December 15, 2021 and shall continue until December 31, 2024. Any employment of Executive by the Company following the expiration of the
Agreement Term will be at-will and not subject to any termination benefits set forth herein.
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Term. 2.1 Term. Executive's employment hereunder shall commence on November 10, 2021 (the "Commencement Date") and shall continue for a two-year period thereafter (the "Initial Term"), subject to earlier termination exclusively as provided for in Section 6 below, and subject to extension as provided in the following sentence. Following the Initial Term, provided Executive's employment has not previously been terminated, Executive's employment hereunder shall automatically be extended for successive
... one-year periods (each a "Renewal Term"), subject to earlier termination exclusively as provided for in Section 6 below. For the purposes of this Agreement, the "Term" at any given time shall mean the Initial Term as it may have been extended by one or more Renewal Terms as of such time (without regard to whether Executive's employment is terminated prior to the end of such Term), and the "Employment Period" means the period of Executive's employment hereunder (regardless of whether such period ends prior to the end of the Term and regardless of the reason for Executive's termination of employment hereunder).
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Term. 2.1 Term. Executive's employment hereunder shall commence on
November 10, 2021 ____________, 20211 (the "Commencement Date") and shall continue for a
two-year three-year period thereafter (the "Initial Term"), subject to earlier termination exclusively as provided for in Section 6 below, and subject to extension as provided in the following sentence. Following the Initial Term, provided Executive's employment has not previously been terminated, Executive's employment hereunder shall
... automatically be extended for successive one-year three-year periods (each a "Renewal Term"), subject to earlier termination exclusively as provided for in Section 6 below. For the purposes of this Agreement, the "Term" at any given time shall mean the Initial Term as it may have been extended by one or more Renewal Terms as of such time (without regard to whether Executive's employment is terminated prior to the end of such Term), and the "Employment Period" means the period of Executive's employment hereunder (regardless of whether such period ends prior to the end of the Term and regardless of the reason for Executive's termination of employment hereunder).
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Term.
2.1 Term. Executive's Employee's employment hereunder shall commence on
November 10, 2021 the date hereof (the "Commencement Date") and shall continue for a
two-year one-year period thereafter (the "Initial Term"), subject to earlier termination exclusively as provided for in Section 6 below, and subject to extension as provided in the following sentence. Following the Initial Term, provided
Executive's Employee's employment has not previously been terminated,
Executive's Employee's employment
... hereunder shall automatically be extended for successive successive, one-year periods (each (each, a "Renewal Term"), subject to earlier termination exclusively as provided for in Section 6 below. For the purposes of this Agreement, the "Term" at any given time shall mean the Initial Term as it may have been extended by one or more Renewal Terms as of such time (without regard to whether Executive's Employee's employment is terminated prior to the end of such Term), and the "Employment Period" means the period of Executive's Employee's employment hereunder (regardless of whether such period ends prior to the end of the Term and regardless of the reason for Executive's Employee's termination of employment hereunder).
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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
... extension thereof. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the "Employment Term."
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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
... 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."
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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."
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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
... 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."
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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
... Agreement and any extension of such term is the renewal terms are referred to as the "Employment Period."
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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
... that survive pursuant to this paragraph 3 and paragraphs 8 and 6(c), will have no further force or effect.
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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.
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