Common use of Extension of Initial Term Clause in Contracts

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than the annual anniversary date.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than the annual anniversary date. As used herein, “Term” shall mean the Initial Term together with any renewal term(s) pursuant to this Section 1.2.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than 90 days prior to the annual anniversary datedate thereof.

Extension of Initial Term. Upon each annual anniversary date of this AgreementAgreement after the expiration of the Initial Term, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than 90 days prior to the annual anniversary datedate thereof.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, commencing at the last day of the last year of the Initial Term, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than ninety (90) days prior to the annual anniversary datedate thereof.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, commencing at the last day of the last year of the Initial Term, this Agreement shall be extended automatically for successive terms of one year each, unless either the Corporation or the Employee gives contrary written notice to the other not later than 90 days prior to the annual anniversary datedate thereof.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for an additional one year period to maintain successive terms of one year two years each, unless either the Corporation or the Employee gives contrary written notice to the other not later than the annual anniversary date. As used herein, “Term” shall mean the Initial Term together with any renewal term(s) pursuant to this Section 1.2.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for an additional one year period to maintain successive terms of one year two years each, unless either the Corporation or the Employee gives contrary written notice to the other not later than the annual anniversary date.

Extension of Initial Term. Upon each annual anniversary date of this Agreement, this Agreement shall be extended automatically for an additional one year period to maintain successive terms of one year two years each, unless either the Corporation or the Employee gives contrary written notice to the other not later than the annual anniversary date.. As used herein, “Term” shall mean the Initial Term together with any renewal term(s) pursuant to this Section 1.2