Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 2018, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 8 contracts
Samples: Employment Agreement (Service Corp International), Employment Agreement (Service Corp International), Employment Agreement (Service Corp International)
Employment Term. The Company agrees to employ the Employee pursuant to the terms of this Agreement, and the Employee agrees to accept such employmentbe so employed, in accordance with the terms and conditions of this Agreement, for from the period beginning on the date of this Agreement and ending commencing as of the close of business Effective Date and ending on December 31, 2017 2014 (such period together with all extensions thereof are referred the “Initial Term”). Notwithstanding anything herein to hereinafter the contrary, the Employee agrees that he shall not terminate this Agreement prior to the Effective Date. In addition, prior to the Effective Date, the Employee shall agree to cooperate and permit the Company to use his name in regulatory filings that he has approved, which approval shall not unreasonably be withheld or delayed. Upon the expiration of the Initial Term and each Renewal Term (as defined below), as the "Employment case may be, the term of this Agreement shall be automatically extended for successive one-year periods (each, a “Renewal Term"”); , provided, however, that commencing on January 1, 2018, and on each January 1 thereafter (each such date shall be hereinafter referred either party hereto may elect not to as a "Renewal Date"), extend the Employment Term shall be extended so as term of this Agreement by giving written notice to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension other party at least thirty 90 days prior to such the expiration of the Initial Term or any Renewal Date and (ii) Term. Notwithstanding the Employee has not previously given foregoing, the Company written notice that the Employment Term shall not Employee’s employment hereunder may be so extended. In the event that the Company gives the Employee written notice earlier terminated at any time during the Initial Term or any Renewal Term in accordance with Section 8 hereof, subject to Section 9 hereof. The period of its intention not time between the Effective Date and the termination of the Employee’s employment hereunder for any reason shall be referred to renew herein as the “Employment Term.” For purposes of this Agreement, then “Effective Date” means the Employment Term shall terminate on December 31 of date upon which the year in which such notice of non-renewal Offering is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Dateconsummated.
Appears in 8 contracts
Samples: Employment Agreement (Reunion Hospitality Trust, Inc.), Employment Agreement (Reunion Hospitality Trust, Inc.), Employment Agreement (Reunion Hospitality Trust, Inc.)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2002 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 20182003, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 6 contracts
Samples: Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2022 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 20182023, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (ia) the Company notifies the Employee in writing of such extension at least thirty (30) days prior to such Renewal Date and (iib) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty (30) days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 6 contracts
Samples: Employment Agreement (Service Corp International), Employment Agreement (Service Corp International), Employment Agreement (Service Corp International)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2004 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 20182005, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 5 contracts
Samples: Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International)
Employment Term. The Company agrees Subject always to employ the Employee and the Employee agrees to accept such employment, termination provisions as provided elsewhere in accordance with the terms and conditions of this Agreement, for the period beginning on the date term of this Agreement shall begin on the Effective Date of Agreement and ending shall terminate on the Date of Expiration of Agreement, both as shown on the cover sheet. Unless otherwise terminated as provided elsewhere herein, this Agreement shall automatically renew after expiration date on an annual basis unless either party gives the other party thirty (30) days prior written notice requesting that said Agreement not be renewed. If this Agreement is not renewed and EMPLOYEE continues working beyond Termination Date at the request of ANACOMP, said employment shall be on a month-to-month basis. If, at the expiration of the close original two-year term or any renewal term, ANACOMP declines to renew this Agreement and does not request that EMPLOYEE continue working, of business on December 31if ANACOMP terminates the month-to-month employment basis described in the previous sentence, 2017 (such period together with EMPLOYEE shall be entitled to all extensions thereof are referred benefits due him under this Agreement and not previously paid, a severance payment equal to hereinafter as the "Employment Term"); providedEMPLOYEE's prior twelve months' salary, howeverpayable in a lump sum or biweekly at EMPLOYEE's option, that commencing on January 1health benefits until other employment is secured or for twelve months, 2018whichever is sooner, and the immediate vesting of all of EMPLOYEE's existing already awarded options to acquire ANACOMP common stock. If, on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date")the other hand, the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention EMPLOYEE elects not to renew the Employment TermAgreement, then EMPLOYEE shall only be entitled to all benefits due him under the Employment Term shall terminate on December 31 Agreement through the end of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as term of the day prior to such Renewal DateAgreement.
Appears in 5 contracts
Samples: Employment Agreement (Anacomp Inc), Employment Agreement (Anacomp Inc), Employment Agreement (Anacomp Inc)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2007 (such period together with all extensions thereof are referred to hereinafter as the "“Employment Term"”); provided, however, that commencing on January 1, 20182008, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "“Renewal Date"”), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 4 contracts
Samples: Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2004 (such period together with all extensions thereof are referred to hereinafter as the "“Employment Term"”); provided, however, that commencing on January 1, 20182005, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "“Renewal Date"”), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 4 contracts
Samples: Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2001 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 20182002, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 3 contracts
Samples: Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International), Employment Agreement (Service Corporation International)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2005 (such period together with all extensions thereof are referred to hereinafter as the "“Employment Term"”); provided, however, that commencing on January 1, 20182006, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "“Renewal Date"”), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 1 contract
Samples: Employment Agreement (Service Corporation International)
Employment Term. The Company agrees to employ the Employee pursuant to the terms of this Agreement, and the Employee agrees to accept such employmentbe so employed, in accordance with the terms and conditions of this Agreement, for from the period beginning on the date of this Agreement and ending commencing as of the close of business Effective Date and ending on December 31, 2017 2013 (such period together with all extensions thereof are referred the “Initial Term”). Notwithstanding anything herein to hereinafter the contrary, the Employee agrees that he shall not terminate this Agreement prior to the Effective Date. In addition, prior to the Effective Date, the Employee shall agree to cooperate and permit the Company to use 1 his name in regulatory filings that he has approved, which approval shall not unreasonably be withheld or delayed. Upon the expiration of the Initial Term and each Renewal Term (as defined below), as the "Employment case may be, the term of this Agreement shall be automatically extended for successive one-year periods (each, a “Renewal Term"”); , provided, however, that commencing on January 1, 2018, and on each January 1 thereafter (each such date shall be hereinafter referred either party hereto may elect not to as a "Renewal Date"), extend the Employment Term shall be extended so as term of this Agreement by giving written notice to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension other party at least thirty 90 days prior to such the expiration of the Initial Term or any Renewal Date and (ii) Term. Notwithstanding the Employee has not previously given foregoing, the Company written notice that the Employment Term shall not Employee’s employment hereunder may be so extended. In the event that the Company gives the Employee written notice earlier terminated at any time during the Initial Term or any Renewal Term in accordance with Section 8 hereof, subject to Section 9 hereof. The period of its intention not time between the Effective Date and the termination of the Employee’s employment hereunder for any reason shall be referred to renew herein as the “Employment Term.” For purposes of this Agreement, then “Effective Date” means the Employment Term shall terminate on December 31 of date upon which the year in which such notice of non-renewal Offering is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Dateconsummated.
Appears in 1 contract
Samples: Employment Agreement (Reunion Hospitality Trust, Inc.)
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 2019 (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 20182020, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (i) the Company notifies the Employee in writing of such extension at least thirty days prior to such Renewal Date and (ii) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 1 contract
Employment Term. The Company agrees to employ the Employee and the Employee agrees to accept such employment, in accordance with the terms and conditions of this Agreement, for the period beginning on the date of this Agreement and ending as of the close of business on December 31, 2017 20___ (such period together with all extensions thereof are referred to hereinafter as the "Employment Term"); provided, however, that commencing on January 1, 201820___, and on each January 1 thereafter (each such date shall be hereinafter referred to as a "Renewal Date"), the Employment Term shall be extended so as to terminate one year from such Renewal Date if (ia) the Company notifies the Employee in writing of such extension at least thirty (30) days prior to such Renewal Date and (iib) the Employee has not previously given the Company written notice that the Employment Term shall not be so extended. In the event that the Company gives the Employee written notice at any time of its intention not to renew the Employment Term, then the Employment Term shall terminate on December 31 of the year in which such notice of non-renewal is given and shall not thereafter be further extended. If the Company fails to notify the Employee at least thirty (30) days prior to a Renewal Date either of its intention to extend the Employment Term as provided above or its intention not to so extend the Employment Term, then the Employment Term shall not be extended and shall terminate as of the day prior to such Renewal Date.
Appears in 1 contract