Common use of Effectiveness; Term Clause in Contracts

Effectiveness; Term. This Agreement shall become effective on July 31, 2016 (the “Effective Date”). The term of employment of the Executive by the Company hereunder shall commence on the Effective Date and shall continue until April 30, 2017 (the “Retirement Date” and, the Executive’s termination of employment on such date, “Retirement”), unless terminated earlier in accordance with Section 6 of this Agreement (such period of employment hereunder, the “Term”).

Appears in 2 contracts

Samples: Executive Retirement Agreement (Stanley Black & Decker, Inc.), Executive Retirement Agreement (Stanley Black & Decker, Inc.)

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Effectiveness; Term. This Agreement shall become effective on July 31, 2016 (the Effective Date”). The term of employment of the Executive by the Company hereunder shall commence on the Effective Date and shall continue until April 30December 31, 2017 2021, with the term of employment ending at the end of the day on December 31, 2021 (the “Retirement Date” and, the Executive’s termination of employment on such date, “Retirement”), unless terminated earlier in accordance with Section 6 of this Agreement (such period of employment hereunder, the “Term”).

Appears in 1 contract

Samples: Transitional Advisory Services Agreement (Hasbro, Inc.)

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Effectiveness; Term. This Agreement shall become effective on July 31January 1, 2016 2017 (the “Effective Date”). The term of employment of the Executive by the Company hereunder pursuant to the terms of this Agreement shall commence on the Effective Date and shall continue until April 30December 31, 2017 (the “Retirement Date” and, the Executive’s termination of employment on such date, “Retirement”), unless terminated earlier in accordance with Section 6 5 of this Agreement (such period of employment hereunder, the “Term”). All references to the “term” of the Employment Agreement shall, as of the Effective Date, refer to the Term as defined herein.

Appears in 1 contract

Samples: Executive Retirement Agreement (Littelfuse Inc /De)

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