Common use of Expiration of Employment Term Clause in Contracts

Expiration of Employment Term. In the event either party elects not to extend the Employment Term pursuant to Section 1, unless Executive’s employment is earlier terminated pursuant to paragraphs (a), (b) or (c) of this Section 7, Executive’s termination of employment hereunder shall be deemed to occur on the close of business on the day immediately preceding the next scheduled Extension Date, and upon such deemed termination of Executive’s employment hereunder:

Appears in 11 contracts

Samples: Employment Agreement (Cooper-Standard Holdings Inc.), Employment Agreement (Cooper-Standard Holdings Inc.), Employment Agreement (Cooper-Standard Holdings Inc.)

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Expiration of Employment Term. (i) In the event either party elects not to extend the Employment Term pursuant to Section 1, unless Executive’s 's employment is earlier terminated pursuant to paragraphs (a), (b) or (c) of this Section 7, Executive’s 's termination of employment hereunder under this Agreement (whether or not Executive continues as an employee of the Company thereafter) shall be deemed to occur on the close of business on the day immediately preceding the next scheduled Extension Date, Date and upon such deemed termination of Executive’s employment hereunderExecutive shall be entitled to receive:

Appears in 5 contracts

Samples: Employment Agreement (Wix Filtration Media Specialists, Inc.), Employment Agreement (Wix Filtration Media Specialists, Inc.), Employment Agreement (Wix Filtration Media Specialists, Inc.)

Expiration of Employment Term. (i) In the event either party Executive elects not to extend the Employment Term pursuant to Section 1, unless 1 and Executive’s employment is has not been earlier terminated pursuant to paragraphs (aSections 8(a), (b) ), (c), or (c) of this Section 7e), the Employment Term shall expire and Executive’s termination of employment hereunder shall be deemed to occur on terminate as of the close end of business on the day immediately preceding the next scheduled Extension Datecommencement of a subsequent Renewal Term, and upon such deemed termination of Executive’s employment hereunder:Executive shall be entitled to receive the Accrued Rights.

Appears in 4 contracts

Samples: Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/)

Expiration of Employment Term. (i) In the event either party elects not to extend the Employment Term pursuant to Section 1, unless Executive’s employment is earlier terminated pursuant to paragraphs (a), (b) or (c) of this Section 7, Executive’s termination of employment hereunder under this Agreement (whether or not Executive continues as an employee of the Company thereafter) shall be deemed to occur on the close of business on the day immediately preceding the next scheduled Extension Date, Date and upon such deemed termination of Executive’s employment hereunderExecutive shall be entitled to receive:

Appears in 4 contracts

Samples: Employment Agreement (Affinia Group Intermediate Holdings Inc.), Employment Agreement (Affinia Group Intermediate Holdings Inc.), Employment Agreement (Affinia Group Intermediate Holdings Inc.)

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Expiration of Employment Term. In the event either party elects not to extend the Employment Term pursuant to Section 13, unless Executive’s employment is earlier terminated pursuant to paragraphs (a)Sections 5, (b) 6, 7, 8 or (c) of this Section 79, Executive’s termination of employment hereunder shall be deemed to occur on the close of business on December 31 of the day immediately preceding year in which either party has timely given the next scheduled Extension Datenotice provided for in Section 3, and upon such deemed termination of Executive’s employment hereunder:

Appears in 1 contract

Samples: Employment Agreement (Cooper-Standard Holdings Inc.)

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