EMPLOYMENT TERM; PRIOR AGREEMENT Sample Clauses

EMPLOYMENT TERM; PRIOR AGREEMENT. Unless earlier terminated in accordance with the terms of this Agreement, the term of employment hereunder (the “Term”) shall commence on the Effective Date and expire December 31, 2011. The Effective Date shall mean the date on which the Company, or the Special Committee of the Board of Directors of the Company on behalf of the Company, and LaGrange Capital Partners L.P. enter into a definitive and binding settlement agreement relating to management of the Company and certain other matters. Upon the Effective Date, this Agreement shall become effective and the Prior Agreement shall be null and void and of no further force or effect whatsoever. Upon expiration of the Term, this Agreement shall be automatically renewed for successive terms of one year each; provided, however, that if either party provides written notice to the other party of its or his determination not to so renew not later than 90 (ninety) days prior to the expiration of the Term, or any renewal thereof, as the case may be, this Agreement and Executive’s employment shall terminate at the end of the Term or such renewal term, as the case may be. In the event that the Company is the party giving notice of non-renewal, this shall be treated as a termination without Cause and governed by the terms of Section 5.
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EMPLOYMENT TERM; PRIOR AGREEMENT. The term of employment hereunder (the "Term") shall commence on the date hereof and, unless earlier terminated in accordance with the terms of this Agreement, three years thereafter. The Executive acknowledges that this Agreement replaces that certain Employment Agreement dated June 25, 2018 between the Company and the Executive (the “Prior Agreement”) and that the Employee has no rights or obligations arising from the Prior Agreement.
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EMPLOYMENT TERM; PRIOR AGREEMENT. Upon execution hereof, this Agreement shall become effective and the Prior Agreement shall be null and void and of no further force or effect whatsoever. The term of employment hereunder (the “Term”) shall commence on the date hereof and, unless earlier terminated in accordance with the terms of this Agreement, expire December 31, 2012. Upon expiration of the Term, this Agreement shall be automatically renewed for successive terms of one year each; provided, however, that if either party provides written notice to the other party of its or his determination not to so renew not later than 90 (ninety) days prior to the expiration of the Term, or any renewal thereof, as the case may be, this Agreement and Executive’s employment shall terminate at the end of the Term or such renewal term, as the case may be. In the event that the Company is the party giving notice of non-renewal, such termination shall be characterized as without Cause and governed by the terms of Section 5.
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EMPLOYMENT TERM; PRIOR AGREEMENT. The term of employment hereunder (the "Term") shall commence on the 22nd day of June, 2015 (the "Employment Commencement Date") and, unless earlier terminated in accordance with the terms of this Agreement, three (3) years thereafter. Upon expiration of the Term, this Agreement shall be automatically renewed for successive terms of one year each; provided, however, that if either party provides written notice to the other party of its or his determination not to so renew not later than 90 (ninety) days prior to the expiration of the Term, or any renewal thereof, as the case may be, this Agreement and Executive's employment shall terminate at the end of the Term or such renewal term, as the case may be.
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EMPLOYMENT TERM; PRIOR AGREEMENT. Subject to earlier termination pursuant to Section 6, the term of employment of the Executive hereunder shall begin on July [ ], 2004 (the "Commencement Date"), and shall continue through the date which is two (2) years following the Commencement Date (the "Initial Term"); provided, however, that upon the failure of the Company to give timely notice of non-renewal, such term of employment shall be automatically extended by an additional one (1) year beyond the end of the then-current term, unless, at least one hundred twenty (120) days before the expiration of the Initial Term, or one hundred twenty (120) days before any such subsequent anniversary thereof, as the case may be, the Company gives notice to the Executive that the Company does not desire to extend the term of this Agreement, in which case the term of employment hereunder shall terminate as of the end of the Initial Term or the end of the then-current one-year extension term, as applicable (the term of employment hereunder, including any extensions, in accordance with this Section 3, shall be referred to herein as the "Employment Term"). From and after the date hereof, the terms of this Agreement shall supersede in all respects the terms of any prior arrangement or agreement, if any, dealing with the matters herein, including the Employment Agreement.
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EMPLOYMENT TERM; PRIOR AGREEMENT. The term of employment hereunder (the "Term") shall commence on the date hereof and, unless earlier terminated in accordance with the terms of this Agreement, three years thereafter.
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Related to EMPLOYMENT TERM; PRIOR AGREEMENT

  • Employment Terms As a condition to your employment with the Company, you are required to (a) sign and return a satisfactory I-9 Immigration form providing sufficient documentation establishing your employment eligibility in the United States, and (b) provide satisfactory proof of your identity as required by United States law.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Effect of Employment Agreement Notwithstanding any provision herein to the contrary, in the event of any inconsistency between this Section 6 and any employment agreement entered into by and between you and the Company, the terms of the employment agreement shall control.

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • 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.

  • Employment Term Duties The Company hereby continues to employ the Employee as Chief Technology Officer ("CTO"). The term of the Employee's employment, pursuant to this Agreement, will commence on October 29, 1999, (the "Commencement Date") and will continue until October 31, 2001, or the termination of this Agreement as described in Section 5 hereof, whichever shall occur first. The Employee hereby agrees to his continued employment, and agrees to devote his full time and effort to the business and affairs of the Company with such duties consistent with the Employee's position as may be assigned to him from time to time by the Board of Managers of the Company and/or the Chief Executive Officer ("CEO") or the Chief Operating Officer ("COO") of the Company. Notwithstanding the foregoing, the Company acknowledges that the Employee has other business interests and ownerships. Subject to the provisions of Sections 7 through 10 hereof, the Company acknowledges and consents to the continuation of these ownerships and relationships, provided they do not interfere with the Employee's duties under this Agreement. Notwithstanding anything to the contrary in this Agreement, nothing in this Agreement shall be deemed to impose any obligation on the Company or any of its subsidiaries to continue to employ the Employee, or on the Employee to remain in the employ of the Company or any of its subsidiaries.

  • 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.

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