Common use of Expiration of Term Clause in Contracts

Expiration of Term. In the event the Executive’s employment is not terminated prior to expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the Executive.

Appears in 26 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc), Key Executive Severance Agreement (Poniard Pharmaceuticals, Inc.)

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Expiration of Term. In If the event Term of this Agreement expires without the Executive’s Company offering to renew this Agreement on the same terms and conditions contained herein (excluding any such terms or conditions as are then prohibited by applicable law, rule or regulation) or the Executive fails to accept such offer of renewal, the employment is not terminated prior to of the Executive shall terminate upon the expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the Executive.

Appears in 20 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Expiration of Term. In If the event Term of this Agreement expires without the Executive’s parties renewing the Agreement or entering into a replacement agreement, the employment is not terminated prior to of the Executive shall terminate upon the expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the Executive.

Appears in 11 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Expiration of Term. In The terms of this Agreement are intended by the event the parties to govern Executive’s employment is not terminated prior to expiration with the Company during Executive’s employment. Upon termination of the TermExecutive’s employment, this Agreement shall terminate without and be of no further obligation on the part of the Company force or effect, except to the Executiveextent of provisions hereof which expressly survive the expiration or termination of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc)

Expiration of Term. In the event the Executive’s employment is not terminated prior to with the Company and its subsidiaries shall cease automatically on the expiration of the Term, Term if the Agreement is not renewed pursuant to Section 2(b) of this Agreement shall terminate without further obligation on the part of the Company to the Executive(“Termination by Non-Renewal”).

Appears in 7 contracts

Samples: Employment Agreement (Genesis Healthcare, Inc.), Employment Agreement (Genesis Healthcare, Inc.), Employment Agreement (Genesis Healthcare, Inc.)

Expiration of Term. In the event the Executive’s 's employment is not terminated prior to expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the Executive.

Appears in 5 contracts

Samples: Key Executive Severance Agreement (Neorx Corp), Key Executive Severance Agreement (Neorx Corp), Key Executive Severance Agreement (Neorx Corp)

Expiration of Term. In the event case of a termination of the Executive’s 's employment is not terminated prior to as a result of the expiration of the TermTerm of this Agreement, this Agreement shall terminate without further obligation on the part of the Company to the Executive, other than the Company's obligation to pay the Executive the Accrued Obligations.

Appears in 5 contracts

Samples: Change of Control Agreement (Photoworks Inc /Wa), Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Advanced Digital Information Corp)

Expiration of Term. In the event case of a termination of the Executive’s employment is not terminated prior to as a result of the expiration of the TermTerm of this Agreement, this Agreement shall terminate without further obligation on the part of the Company to the Executive, other than the Company’s obligation to pay the Executive the Accrued Obligations.

Appears in 4 contracts

Samples: Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Drugstore Com Inc)

Expiration of Term. In the event the Executive’s employment is not terminated prior to under this Agreement shall terminate upon expiration of the Term, this Agreement which shall terminate not constitute a termination without further obligation on the part of the Company to the ExecutiveCause or a resignation for Good Reason.

Appears in 2 contracts

Samples: Employment Agreement (Imprimis Pharmaceuticals, Inc.), Employment Agreement (CareFusion Corp)

Expiration of Term. In the event the ExecutiveEmployee’s employment is not terminated prior to expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the ExecutiveEmployee.

Appears in 2 contracts

Samples: Key Employee Severance Agreement (Poniard Pharmaceuticals, Inc.), Key Employee Severance Agreement (Poniard Pharmaceuticals, Inc.)

Expiration of Term. In the event the Executive’s employment is not terminated prior to expiration of the Term, this Agreement shall terminate upon the expiration of the Term without further obligation on the part of the Company to the Executive.

Appears in 2 contracts

Samples: Change of Control Agreement (Fisher Communications Inc), Change of Control Agreement (Fisher Communications Inc)

Expiration of Term. In the event the Executive’s employment is not terminated prior to with the Company shall terminate automatically upon the expiration of the Term, this Agreement provided that if the Term expires as a result of Executive’s refusal to extend the Term on terms and conditions substantially similar to those provided herein, then such termination shall terminate be treated as a resignation without further obligation on the part of the Company to the ExecutiveGood Reason for all purposes hereunder.

Appears in 1 contract

Samples: Employment Agreement (Cco Holdings LLC)

Expiration of Term. In the event Unless the Executive’s employment is not terminated prior to earlier terminated, the Agreement shall terminate upon the expiration of the Term, Term and the Executive’s employment with the Company beyond the expiration of the Term (if not also terminated) shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement shall terminate without further obligation on the part of the Company to and the Executive’s employment may thereafter be terminated at will by either the Executive or the Company.

Appears in 1 contract

Samples: Employment Agreement (Och-Ziff Capital Management Group LLC)

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Expiration of Term. In the event case of a termination of the Executive’s employment is not terminated prior to at the expiration of the Term, this Agreement shall terminate without further obligation on the part of the Company to the Executive, other than the Company’s obligation to pay the Executive the Accrued Obligations.

Appears in 1 contract

Samples: Key Executive Severance Agreement (Procyte Corp /Wa/)

Expiration of Term. In the event the Executive’s employment is not terminated prior to expiration of the TermTerm and notice of nonrenewal is given pursuant to Section 2, this Agreement shall terminate without further obligation on the part of the Company to the Executive, except to the extent Executive is entitled to compensation and benefits under Section 8.1 hereof in the event he terminates his employment for Good Reason or pursuant to a Window Program.

Appears in 1 contract

Samples: Change of Control Agreement (Mannkind Corp)

Expiration of Term. In the event the If Executive’s employment is not shall be terminated prior due to the normal expiration of the Term, this Agreement shall terminate without further obligation on obligations to Executive, other than for payment of Accrued Obligations and the part timely payment or provision of the Company to the ExecutiveOther Accrued Benefits.

Appears in 1 contract

Samples: Employment Agreement (Pilgrims Pride Corp)

Expiration of Term. In the event the If Executive’s employment is not shall be terminated prior due to the normal expiration of the Term or if Executive remains employed with the Company as an at-will employee following the expiration of the Term, then the Company shall have no further obligations to Executive or Executive’s legal representatives under this Agreement Agreement, other than for payment of Accrued Compensation. The Company shall terminate without further obligation pay any such Accrued Compensation on or by the part next regular payday for the pay period which includes the last day of the Company to the ExecutiveTerm.

Appears in 1 contract

Samples: Employment and Severance Protection Agreement (Crown Crafts Inc)

Expiration of Term. In If the event the parties have not executed a written agreement applicable to Executive’s employment is not terminated prior to after the expiration of the Term, this Agreement then the Executive’s employment shall terminate without further obligation on the part last day of the Company to the ExecutiveTerm (“Expiration Termination”).

Appears in 1 contract

Samples: Employment Agreement (James River Group Holdings, Ltd.)

Expiration of Term. In the event the Executive’s employment is not terminated prior to expiration of the TermTerm and notice of non-renewal is given pursuant to Section 1, this Agreement shall terminate without further obligation on the part of the Company to the Executive, except to the extent Executive is entitled to compensation and benefits under Section 5.1 hereof in the event he terminates his employment for Good Reason or pursuant to a Window Program.

Appears in 1 contract

Samples: Executive Severance Agreement (Mannkind Corp)

Expiration of Term. In the event the Executive’s employment is not terminated prior to expiration of the TermTerm and notice of nonrenewal is given pursuant to Section 2, this Agreement shall terminate without further obligation on the part of the Company to the Executive, except to the extent Executive is entitled to compensation and benefits under Section 8.1 hereof in the event he or she terminates his or her employment for Good Reason or pursuant to a Window Program.

Appears in 1 contract

Samples: Change of Control Agreement (Mannkind Corp)

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