Term of the Settlement Agreement Sample Clauses

Term of the Settlement Agreement. The term of this Settlement Agreement shall be until December 31, 2020 (the “Initial Term”).
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Term of the Settlement Agreement. 11.1. The term of this Settlement Agreement shall be until January 1, 2022.
Term of the Settlement Agreement. The term of the Settlement Agreement shall commence on the Closing Date and shall expire on the earlier of: (i) the date of the Executive’s termination by BHB of employment with BHB (or any affiliate or subsidiary of BHB) for any reason or (ii) ninety (90) days after the Closing Date (the “Term”), at which time Executive’s employment will terminate.
Term of the Settlement Agreement. The term of this Settlement Agreement shall be until December 31, 2020 (the “Initial Term”). After the Initial Term, the term of this Settlement Agreement shall renew for one year every year on December 31 unless: (i) either party informs the other in writing at least ten (10) business days prior to December 31 that the party declines to renew the Settlement Agreement term (in which event, this Settlement Agreement shall terminate on December 31 of that year), or (ii) Scribd becomes insolvent, or otherwise enters into liquidation, or has a receiver or trustee appointed to administer its property or affairs, in which case the Parties’ duties and rights shall be observed according to Section 12(l). Termination of this Settlement Agreement pursuant to this Section 11: (a) shall only terminate the Parties’ respective rights and obligations under Sections 2, 3, 4, 5, and 10; and (b) shall not terminate or otherwise affect the other respective rights and obligations of the Parties under this Settlement Agreement.
Term of the Settlement Agreement. The Agreement shall have effect from the Effective Date and shall continue in force for a period of two (2) years (“Term of the Agreement”), with the exception of the release of claims set forth in Section 12 of this Agreement, which Section shall survive the expiration of the Term of the Agreement.

Related to Term of the Settlement Agreement

  • Term of Agreement; Amendment This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years. This Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust, and authorized or approved by the Board of Trustees.

  • Modifications to Current Agreement The Current Agreement is amended as follows:

  • Lock-Up Period; Agreement In connection with the initial public offering of the Company’s securities and upon request of the Company or the underwriters managing such offering of the Company’s securities, each Holder agrees not to sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any securities of the Company, however or whenever acquired (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, for such period of time (not to exceed 180 days but subject to such extension or extensions as may be required by the underwriters in order to publish research reports while complying with the Rule 2711 of the National Association of Securities Dealers, Inc.) from the effective date of such registration statement as may be requested by the Company or such managing underwriters and to execute an agreement reflecting the foregoing as may be requested by the underwriters at the time of the Company’s initial public offering.

  • Termination Amendment Waiver 35 SECTION 7.01. Termination................................................................................ 35 SECTION 7.02.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Reimbursement Agreement The Sponsor entered into an Expense Reimbursement Agreement (“Reimbursement Agreement”) substantially in the form annexed as an exhibit to the Registration Statement pursuant to which the Sponsor has committed to fund the Company up to $1,750,000 for the Company’s expenses relating to investigating and selecting a target business and other working capital requirements prior to an initial Business Combination.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Lock-Up Agreement The Underwriters shall have received all of the Lock-Up Agreements referenced in Section 4 and the Lock-Up Agreements shall remain in full force and effect.

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