Expiration of the Employment Period. Executive’s employment shall terminate upon expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Exide Technologies), Employment Agreement (Exide Technologies)
Expiration of the Employment Period. Executive’s employment shall terminate upon expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Exide Technologies), Employment Agreement (Exide Technologies)
Expiration of the Employment Period. Executive’s employment shall automatically terminate upon expiration of the Term unless the parties agree to extend the Term or continue the employment relationship “at will.” Notwithstanding the foregoing, if either party provides the notice to the other not to renew the Initial Term, the Employment Period (including any automatic renewals thereof) and such shall terminate on expiration of the Initial Term. Such termination shall not be a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Wet Seal Inc), Employment Agreement (Wet Seal Inc)
Expiration of the Employment Period. Executive’s employment shall automatically terminate upon expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this Agreement; provided, that, unless otherwise agreed to by the parties hereto, if the Employer does not notify Executive at least six (6) months prior to the expiration of the Employment Period of its intention to offer him continued employment on comparable terms, then upon such expiration, Executive’s employment shall be deemed to be terminated under Section 6(e) of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Greenlight Capital Re, Ltd.), Employment Agreement (Greenlight Capital Re, Ltd.)
Expiration of the Employment Period. Executive’s employment shall automatically terminate upon expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this Agreement.
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Expiration of the Employment Period. Executive’s employment shall automatically terminate upon expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this Agreement; provided, that, unless otherwise agreed to by the parties hereto, if the Company fails to offer Executive continued employment with the Company on substantially comparable terms as provided in this Agreement at least six (6) months prior to such expiration, upon such expiration, Executive’s employment shall be deemed to be terminated under Section 6(e) of this Agreement.
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Expiration of the Employment Period. If Executive’s employment shall terminate terminates upon the normal expiration of the Employment Period Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to Executive in a lump sum in cash within thirty (including any automatic renewals thereof30) and such termination shall not be a breach days after the Date of this AgreementTermination.
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Expiration of the Employment Period. If the Executive’s 's employment shall terminate upon is terminated by reason of the expiration of the Employment Period (including any automatic renewals thereof) and such termination Period, this Agreement shall not be a breach of this Agreementterminate without further obligations to the Executive.
Appears in 1 contract
Samples: Executive Employment Agreement (Terax Energy, Inc.)
Expiration of the Employment Period. Executive’s employment shall terminate upon expiration of the Employment Period, unless the Company notifies Executive at least sixty (60) days before the end of the Employment Period (including any automatic renewals thereof) that it intends to renew or extend this Agreement, and such termination shall not be a breach of this Agreement.
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Expiration of the Employment Period. Following the expiration of the Initial Employment Period, in the event Executive’s employment is terminated by the Company, the Company shall terminate have no obligation to Executive other than the continuation of Executive’s Base Salary (at the rate in effect at the time of such termination) through the first anniversary of the date of termination. Such payments will cease upon a breach by Executive of any provisions of this Agreement that survive the expiration of the Employment Period (including any automatic renewals thereof) and such termination shall not be a breach of this AgreementPeriod.
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Samples: Employment Agreement (HLTH Corp)
Expiration of the Employment Period. Executive’s employment with the Companies shall terminate upon the expiration of the Employment Period (including any automatic renewals thereof) and unless extended by agreement of the parties hereto. If Executive's employment with the Companies is not extended beyond the Employment Period, such termination shall not be constitute a breach of this Agreementtermination "for any other reason" as described in Section 4.e. hereof.
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Expiration of the Employment Period. As provided in Section 2 above, Executive’s employment shall terminate upon shall, at the end of the Initial Term and each successive term thereafter, be automatically extended for a period of one (1) year unless either the Executive or the Employer notifies the other in writing at least six (6) months prior to the expiration of the Employment Period (including any automatic renewals thereof) and of its or his intention to discontinue employment upon such expiration. Such termination upon expiration of the Agreement shall not be a breach of this Agreement.
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Expiration of the Employment Period. As provided in Section 2 above, Executive’s employment shall terminate upon shall, at the end of the Initial Term and each successive term thereafter, be automatically be extended for a period of one (1) year unless either the Executive or the Employer notifies the other in writing at least six (6) months prior to the expiration of the Employment Period (including any automatic renewals thereof) and of its or her intention to discontinue employment upon such expiration. Such termination upon expiration of the Agreement shall not be a breach of this Agreement.
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