Common use of End-of-Term Provisions Clause in Contracts

End-of-Term Provisions. At any time on or after December 31, 1998 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1, 2000, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 6 contracts

Samples: Employment Agreement (Mafco Worldwide Corp), Employment Agreement (Mafco Consolidated Group Inc), Employment Agreement (Consolidated Cigar Holdings Inc)

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End-of-Term Provisions. At any time on or after December 31, 1998 1999 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1, 20002001, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 2 contracts

Samples: Employment Agreement (M & F Worldwide Corp), Employment Agreement (Mafco Worldwide Corp)

End-of-Term Provisions. At any time on or after December ---------------------- 31, 1998 2000 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1, 20002002, unless and until the Company gives written notice of non-renewal as provided in this Section 2.23.2, the Term automatically shall be extended day-by-by- day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Consolidated Cigar Holdings Inc)

End-of-Term Provisions. At any time on or after December 31, 1998 1999 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be he extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002001, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Panavision Inc)

End-of-Term Provisions. At any time on or after December 31February 1, 1998 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1Said notice shall be deemed given on February 18, 20001999, if not given prior to such date, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such noticeparties have otherwise agreed to a new agreement.

Appears in 1 contract

Samples: Employment Agreement (Marvel Entertainment Group Inc)

End-of-Term Provisions. At Unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended one day for each day which elapses from commencement but in any time on or after December 31event not beyond May 25, 1998 the 2016. The Company shall have the right at any time, however, to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months five years after the last day of the month in which the Company gives such notice. From and after January 1notice but in any event no later than May 25, 2000, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice2016.

Appears in 1 contract

Samples: Employment Agreement (M & F Worldwide Corp)

End-of-Term Provisions. At any time on or after December 31January 1, 1998 2016, the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002016, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Act II Global Acquisition Corp.)

End-of-Term Provisions. At any time on or after December 31January 1, 1998 2021, the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends end twelve months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002021, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. For the avoidance of doubt, in the event of a COC Termination (as defined in Section 4.7), Section 4.7 shall govern and this Section 2.2 shall not apply.β€œ

Appears in 1 contract

Samples: Employment Agreement (Act II Global Acquisition Corp.)

End-of-Term Provisions. At any time on or after December 31, 1998 1999 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002001, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Panavision Inc)

End-of-Term Provisions. At any time on or after December 31January 1, 1998 2018, the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends end twelve months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002018, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Executive Employment Agreement (Act II Global Acquisition Corp.)

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End-of-Term Provisions. At any time on or after December 31January 1, 1998 1999 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice. From and after January 1, 2000, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Power Control Technologies Inc)

End-of-Term Provisions. At any time on or after December 31, 1998 The Company and the Company shall have the right to Executive may give written notice of non-renewal of the TermTerm at any time. In the event the Company gives such notice of non-renewalextension of the Term on or after December 31, 1999, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 2000, unless and until the Company or the Executive gives written notice of non-renewal as provided in extension to the other party pursuant to this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice of non-extension by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Cosmetic Center Inc)

End-of-Term Provisions. At any time on or after December August 31, 1998 2003 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1August 31, 20002004, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Panavision Inc)

End-of-Term Provisions. At any time on or after December 31, 1998 2002 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002003, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (M & F Worldwide Corp)

End-of-Term Provisions. At any time on or after December 31, 1998 2003 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice. From and after January 1December 31, 20002005, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve twenty-four months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Panavision Inc)

End-of-Term Provisions. At any time on or after December August 31, 1998 2004 the Company shall have the right to give written notice of non-renewal of the Term. In the event the Company gives such notice of non-renewal, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice. From and after January 1August 31, 20002005, unless and until the Company gives written notice of non-renewal as provided in this Section 2.2, the Term automatically shall be extended day-by-day; upon the giving of such notice by the Company, the Term automatically shall be extended so that it ends twelve months after the last day of the month in which the Company gives such notice.

Appears in 1 contract

Samples: Employment Agreement (Panavision Inc)

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