Common use of Employment for Term Clause in Contracts

Employment for Term. The Corporation hereby employs Xxxxxx and Xxxxxx hereby accepts employment with the Corporation for the period beginning on the date of this Agreement and ending January 19, 2005. (the "Initial Term"), or upon the earlier termination of the Term pursuant to Section 6. This Agreement shall be automatically renewed for additional one-year periods (the "Renewal Terms;" together with the Initial Term, the "Term") unless either party notifies the other in writing of its intention not to so renew this Agreement no less than 180 days prior to the expiration of the Initial Term or a Renewal Term. The termination of Xxxxxx'x employment under this Agreement shall end the Term but shall not terminate Xxxxxx'x or the Corporation's other agreements in this Agreement, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Siga Pharmaceuticals Inc)

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Employment for Term. The Corporation hereby employs Xxxxxx Xxxxx and Xxxxxx Xxxxx hereby accepts employment with the Corporation for the period beginning on the date of this Agreement and ending on January 191, 2005. 2000 (the "Initial Term"), or upon the earlier termination of the Term pursuant to Section 6. This Agreement shall be automatically renewed for additional one-year periods (the "Renewal Terms;" together with the Initial Term, the "Term") unless either party notifies the other in writing of its intention not to so renew this Agreement no less than 180 60 days prior to the expiration of the Initial Term or a Renewal Term. The termination of Xxxxxx'x Xxxxx'x employment under this Agreement shall end the Term but shall not terminate Xxxxxx'x Xxxxx'x or the Corporation's other agreements in this Agreement, except as otherwise provided hereinin this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Siga Pharmaceuticals Inc)

Employment for Term. The Corporation hereby employs Xxxxxx and Xxxxxx hereby accepts employment with the Corporation for the period beginning on the date of this Agreement January 19, 2000 and ending January 19, 2005. (the "Initial Term"), or upon the earlier termination of the Term pursuant to Section 6. This Agreement shall be automatically renewed for additional one-year periods (the "Renewal Terms;" together with the Initial Term, the "Term") unless either party notifies the other in writing of its intention not to so renew this Agreement no less than 180 days prior to the expiration of the Initial Term or a Renewal Term. The termination of Xxxxxx'x employment under this Agreement shall end the Term but shall not terminate Xxxxxx'x or the Corporation's other agreements in this Agreement, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

Employment for Term. The Corporation hereby employs Xxxxxx Flamenbaum and Xxxxxx Flamenbaum hereby accepts employment with the Corporation for the period beginning on the date of this Agreement and ending on January 1931, 2005. 2000 (the "Initial Term"), or upon the earlier termination of the Term pursuant to Section 6. This Agreement shall be automatically renewed for additional one-year periods (the "Renewal Terms;" together with the Initial Term, the "Term") unless either party notifies the other in writing of its intention not to so renew this Agreement no less than 180 days prior to the expiration of the Initial Term or a Renewal Term. The termination of Xxxxxx'x Xxxxxxxxxx'x employment under this Agreement shall end the Term but shall not terminate Xxxxxx'x Xxxxxxxxxx'x or the Corporation's other agreements in this Agreement, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Siga Pharmaceuticals Inc)

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Employment for Term. The Corporation hereby employs Xxxxxx Xxxxx and Xxxxxx Xxxxx hereby accepts employment with the Corporation for the period beginning on the date of this Agreement and ending January 19on April 1, 2005. 1998 (the "Initial Term"), or upon the earlier termination of the Term pursuant to Section 6. This Agreement shall be automatically renewed for additional one-year periods (the "Renewal Terms;" together with the Initial Term, the "Term") unless either party notifies the other in writing of its intention not to so renew this Agreement no less than 180 60 days prior to the expiration of the Initial Term or a Renewal Term. The termination of Xxxxxx'x Xxxxx'x employment under this Agreement shall end the Term but shall not terminate Xxxxxx'x Xxxxx'x or the Corporation's other agreements in this Agreement, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Siga Pharmaceuticals Inc)

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