Term Contract Clauses (29,670)

Term. Waters Zender shall serve as Director for an initial term commencing on April May 1, 2015 2014 ("Effective Date") and continuing for twelve (12) months from the Effective Date or until the next annual meeting of the Company's shareholders, whichever comes first. After this initial term, Waters Zender shall serve at the pleasure of the Board or until the next shareholder meeting whereby an election is held pertaining to the Director position held by Waters, Zender, whichever comes first. Waters Director may voluntarily resign his position as Director at any time and without penalty or liability of any kind. View More

Term. Subject to Section 6, the Executive's employment will be for an initial term of two (2) years, deemed to be effective from March 10, 2014 to March 9, 10, 2016 (the "Initial Employment Term"). At the end of the Initial Employment Term and on each succeeding March 9th, 10th, the Employment Term will be automatically extended by one additional year (each, a "Renewal Term"), unless, not less than 60 days prior to the end of the Initial Employment Term or any Renewal Term, either the Executive or... the Company has given the other written notice of nonrenewal. Without limiting the generality or effect of the foregoing, the Executive will, if applicable, provide the Company with written notice of the Executive's intent to terminate employment with the Company at least 60 days prior to the effective date of such termination. View More

Term. The Employee's term as President and CEO of employment commenced on July 18, 2013. March 1, 2012. The Employee shall be an "at-will" employee of the Company whose employment may be terminated (by the Company or by the Employee) at any time, for any or no reason.

Term. The term of this Agreement shall commence on the Effective Date and, unless terminated earlier as provided below in Article 8, this Agreement shall expire on the date on which no Valid Claim in a Licensed Patent is valid and subsisting or pending in any country in the Territory. Following expiration of this Agreement agreement due to expiration of all Licensed Patents (but not for an earlier termination), University agrees that Company's non-exclusive license under the Know-How shall survive on... a fully paid-up basis. View More

Term. This Agreement shall continue in effect until the maturity date set forth on in Schedule A (the "Maturity "Term Loan Maturity Date"). On the Term Loan Maturity Date or on any earlier effective date of termination of this Agreement, Borrower shall pay in cash all Obligations in full, whether or not such Obligations are otherwise then due and payable. No termination shall in any way affect or impair any security interest or other right or remedy of Bank, nor shall any such termination relieve... Borrower of any obligation to Bank, until all of the Obligations have been paid and performed in full. Without limiting the foregoing, except as otherwise provided in Section 2, the grant of security interest by Borrower in Section 2 shall survive until the termination of all Bank Services Agreements. View More

Term. The initial term of Advisor's engagement under this Agreement (the "Initial Term") shall commence on the Effective Date and, subject to the provisions of Section 6, shall continue until December 31, 2014. October 28, 2017. The Initial Term and any subsequent one year term (each a "Term") shall automatically be extended on an annual basis unless a Notice of Intent to Terminate is given by either party at least 90 days before the end of the applicable Term.

Term. This Agreement will become effective on the Effective Date and continue in effect for a period of successive one-year terms, unless at least ninety (90) days before the end of any such one-year term, the Company gives notice to Executive that the Agreement will not be renewed, in which case the Agreement will expire at the end of the then current term. Notwithstanding the foregoing, (1) (a) if a Covered Termination occurs while the Agreement is effective, the Agreement will continue in effect... until such time as Executive has received all of the payments and benefits to which he is entitled hereunder, and (2) (b) upon a Change in Control, if this Agreement is still effective, the Agreement Change in Control Period will automatically renew commence for a period of one year two (2) years beginning on the effective date of the Change in Control, and will automatically renew for one-year terms thereafter unless the Company or any Successor provides a notice of non-renewal within the time periods described above. Control. View More

Term. Subject to and upon the terms and conditions set forth herein, or in any exhibit hereto, the term (together with any extensions or renewals thereof, the "Term") of this Lease shall commence on the Commencement Date (defined below) and shall expire one hundred fifty-six months (156) after the Commencement Date. "Commencement Date" shall mean and be the same date that the Premises is transferred to the Landlord from the Tenant as the Effective Date hereof. In conjunction herewith, Landlord is... purchasing the Premises from the Tenant. The Commencement Date and Tenant shall be set forth in execute a Commencement Agreement, identical in the form to that attached hereto as Exhibit B B, confirming the Commencement Date and executed by Landlord and Tenant. expiration date of the initial Term. View More