Duration of the Employment Agreement Sample Clauses

Duration of the Employment Agreement. (1) The employment agreement is concluded for an indeterminate time period. (2) A probation period has intentionally been dispensed with. The employment agreement may be terminated at the end of any quarter, with three months notice. The period for providing notice shall be extended in accordance with the legal provisions. Any extension of the period of notice for the Employer shall be matched in equal time by an extension of the period of notice on the part of Xx. Xxxxxx. (3) Any termination shall have to be given in writing. Transmission of a signed fax shall be deemed to be in compliance with the written requirement. (4) QIAGEN shall have the right to release Xx. Xxxxxx after notice has been given, honoring any residual vacation claims. (5) The employment agreement shall end, without any notice of termination being required, with the expiration of the month in which Xx. Xxxxxx receives a disability pension. In the same manner, the employment agreement shall end with the expiration of the month in which Xx. Xxxxxx receives an old-age pension. At the latest, the employment agreement shall end with the expiration of the month in which Xx. Xxxxxx reaches age 65. (6) The right to terminate without notice shall remain unaffected. Any termination without notice shall at the same time be deemed a precautionary termination given within the legally prescribed time limits.
Sample 1
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Duration of the Employment Agreement. (1) The employment agreement is concluded for an indeterminate time period. (2) The employment agreement may be terminated at the end of any month, with one month notice. The period for providing notice shall be extended in accordance with the legal provisions. Any extension of the period of notice for the Employer shall be matched in equal time by an extension of the period of notice on the part of the Employee. (3) Any termination shall have to be given in writing. Transmission of a signed fax shall be deemed to be in compliance with the written requirement.
Sample 1
Duration of the Employment Agreement. 1.1. The Employment Agreement is entered into for a fixed period of [2 years / 3 years] starting on [insert date] and shall terminate by operation of law, without notice being required, on [insert end date]. 1.2. This Employment Agreement will not be renewed after it terminates on [insert end date]. This is a notification further to article 7:668 sub 1 Dutch Civil Code. 1.3. Both parties are entitled to terminate the Employment Agreement prior to the expiration of the fixed period by giving notice in writing before the end of the month, thereby taking a notice period of 1 month into account. 1.4. The Employment Agreement shall terminate in any event by operation of law, without notice being required, on the last day the Grantholder reaches the applicable legal retirement age (AOW-leeftijd). 1.5. In case of non-EU residents and residents of Croatia: At the starting date of the Employment Agreement, the Grantholder shall have a valid work permit and/or residence permit or a combined working/residence permit in his/her possession, as a consequence of which the Grantholder is allowed to work for the JRC according to the applicable (legal) rules and regulations. If the Grantholder does not comply with one of these conditions, the Employment Agreement will not come into force. 1.6. If the work permit and/or residence permit or combined work/residence permit is withdrawn during the term of the Employment Agreement, or if the duration thereof ends or a request for prolongation thereof is denied, the Employment Agreement will end automatically at the time the Grantholder is no longer in the possession of a valid work permit and/or residence permit or combined work/residence permit.
Sample 1
Duration of the Employment Agreement. 1.1. The Employment Agreement is entered into for a fixed period of [insert term] and shall terminate by operation of law, without notice being required, on [insert date]. 1.2. In the situation that - due to personal, work-related or project-related reasons - the Grantholder finds it increasingly difficult to complete the project, he/she will inform his/her superior at the JRC in writing about the nature of the difficulties and will ask for a meeting. Both parties will meet as soon as possible and discuss the possibilities to resolve the difficulties. 1.3. If despite the meeting, as referred to in article 1.2, the Grantholder finds it impossible to complete the project under the terms and conditions as set in his Employment Agreement or the project, he/she may tender his/her resig- nation in writing to his/her superior at the JRC, asking for early termination of the Employment Agreement, with notice of 1 (one) month. The Gran- tholder will make sure that all information regarding the project will be properly handed over to his/her superior at the JRC. 1.4. Also the JRC shall be entitled to terminate the Employment Agreement prior to the expiration of the fixed period by giving notice in writing equal to the statutory notice period. 1.5. The Employment Agreement shall terminate in any event by operation of law, without notice being required, on the last day of the month in which the Grantholder reaches the age of 65, or the day on which he reaches retire- ment age in accordance with the applicable pension scheme, whichever oc- curs first.
Sample 1
Duration of the Employment Agreement. 1.1. The Employee shall be employed by the Employer in the position of Chief Scientific Officer with effect from 1 November 2022. 1.2. The Employment Agreement is entered into for an indefinite period of time. 1.3. Both Parties shall be entitled to terminate the Employment Agreement by giving notice in writing equal to the statutory notice period, such termination to be effective on the first day after the end of this period. The statutory notice period is one (1) month for the Employee. For the Employer the statutory notice period depends on the duration of the employment relationship: o one (1) month, if the employment has lasted for five (5) years or less; o two (2) months, if the employment has lasted between five (5) and ten (10) years; o three (3) months, if the employment has lasted between ten (10) and fifteen (15) years; and o four (4) months, if the employment has lasted for more than fifteen
Sample 1
Duration of the Employment Agreement. (1) The employment agreement is concluded for an indeterminate time period. (2) After the probation period, the employment agreement may be terminated at the end of any quarter, with six weeks notice. After one year, the period of notice shall be extended to 3 months of any quarter. The period for providing notice shall be extended in accordance with the legal provisions. Any extension of the period of notice for the Employer shall be matched in equal time by an extension of the period of notice on the part of the Employee. (3) Any termination shall have to be given in writing. Transmission of a signed fax shall be deemed to be in compliance with the written requirement. (4) DIAGEN shall have the right to release the Employee after notice has been given, honoring any residual vacation claims. (5) At the latest, the employment agreement shall end with the expiration of the month in which the Employee reaches age 65. The EMPLOYEE is obligated to confirm this agreement providing sufficient notice prior to this date.
Sample 1
Duration of the Employment Agreement. (1) The employment agreement is concluded for an indeterminate time period. (2) The employment agreement may be terminated at the end of any quarter, with three months notice. The period for providing notice shall be extended in accordance with the legal provisions. Any extension of the period of notice for the Employer shall be matched in equal time by an extension of the period of notice on the part of the Employee. (3) Any termination shall have to be given in writing. Transmission of a signed fax shall be deemed to be in compliance with the written requirement. (4) QIAGEN shall have the right to release Xx. Xxxx from employ after notice has been given, honoring any residual vacation claims. (5) The employment agreement shall end, without any notice of termination being required, with the expiration of the month in which Xx. Xxxx receives a disability pension. In the same manner, the employment agreement shall end with the expiration of the month in which the Employee receives an old-age pension. At the latest, the employment agreement shall end with the expiration of the month in which the Employee reaches age 65. (6) The right to terminate without notice shall remain unaffected. Any termination without notice shall at the same time be deemed a precautionary termination given within the legally prescribed time limits.
Sample 1
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Related to Duration of the Employment Agreement

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • Termination of Employment Agreement As of the Effective Date, the Employment Agreement hereby is terminated in its entirety and shall no longer have any force or effect.

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

  • Compensation of the Executive 3 4. Termination.........................................................................

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Amendment to Employment Agreement 2 of the Employment Agreement is amended and restated in its entirety to read as follows:

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT (a) This Agreement shall not become effective until such time as it is fully executed by all parties hereto (the "Effective Date"). Subject to any early termination provisions below, this Agreement shall continue in full force and effect as to the Fund for a period of five years from the Effective Date. (b) Notwithstanding the foregoing, if (i) the Trustees of the Trust or the shareholders by the affirmative vote of a majority of the outstanding shares of the Fund, and (ii) a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Adviser or of the Subadviser, by vote cast in person at a meeting called for the purpose of voting on such approval, do not specifically approve at least annually the continuance of this Agreement, then this Agreement shall automatically terminate at the close of business on the second anniversary of the Effective Date, or upon the expiration of one year from the effective date of the last such continuance, whichever is later. This Agreement may continue in effect following the fifth anniversary of the Effective Date only so long as such continuance is approved in accordance with applicable law. (c) Notwithstanding the foregoing, if the continuance of this Agreement is submitted to the shareholders of the Fund for their approval and such shareholders fail to approve such continuance of this Agreement as provided herein, the Subadviser may continue to serve hereunder in a manner consistent with the 1940 Act and the rules and regulations thereunder. (d) The Trust may at any time terminate this Agreement upon 60 days prior written notice delivered or mailed by registered mail, postage prepaid, to the Adviser and the Subadviser. Action by the Trust to effect such termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the Fund. (e) Either the Adviser or the Subadviser may at any time terminate this Agreement by not less than 60 days' written notice delivered or mailed by registered mail, postage prepaid, to the other party and the Fund. (f) Termination of this Agreement pursuant to this Section 5 shall be without the payment of any penalty by the Fund. Neither the Adviser nor the Trust shall use or refer in any way to the name of the Subadviser following the termination of this Agreement without the Subadviser's consent, except as may be required by law.

  • DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT This Agreement shall become effective on the date first above written and shall govern the relations between the parties hereto thereafter, and shall remain in force until December 29, 2002 on which date it will terminate unless its continuance after December 29, 2002 is "specifically approved at least annually" (i) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of the Adviser at a meeting specifically called for the purpose of voting on such approval, and (ii) by the Board of Trustees of the Trust, or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time without the payment of any penalty by the Trustees or by "vote of a majority of the outstanding voting securities" of the Fund, or by the Adviser, in each case on not more than sixty days' nor less than thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment". This Agreement may be amended only if such amendment is approved by "vote of a majority of the outstanding voting securities" of the Fund.

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