Extension Period. Any extension hereof shall be subject to the provisions of Article III hereof.
Extension Period. In the event the Executive elects to terminate his employment voluntarily under this Section 5, and has delivered a Notice of Termination to such effect in accordance with paragraph (a), above, the Company and/or the Bank may elect, by way of a writing delivered to Executive at any time within the fifteen (15) day period following the date of Executive’s Notice of Termination, to extend Executive’s employment with the Company and the Bank under this Agreement for a total of ninety (90) days beyond the date on which the Company makes such election (the “Extension Period”). In such event, the last day of the Extension Period shall be the Termination Date of Executive’s employment hereunder. Following receipt by Executive of the written notice of any such extension, Executive, in addition to performing his usual duties for the Company and/or the Bank hereunder, shall also assist the Company and the Bank for the duration of the Extension Period in achieving a successful transition of Executive’s duties from Executive to the person or persons chosen to succeed Executive, in ways the parties hereto reasonably conclude may be both practical and efficacious. In return for Executive’s continued service, as well as his performance of such additional duties, for the duration of the Extension Period, the Bank shall pay to Executive as of or as soon as practicable after the last day of such Extension Period, in addition to any accrued and unpaid Base Salary and other compensation due him at such date, a special cash bonus (the “Transition Bonus”) equal to the sum of
(i) fifty percent (50%) of the total dollar amount of the Base Salary payable to Executive for such Extension Period, plus
(ii) thirty-seven and one-half percent (37.5%) of the dollar amount of the annual bonus Executive received under the Bonus Plan for the most recent preceding fiscal year. During that portion of the Extension Period in which Employee’s employment continues, the Bank shall pay to Executive his Base Salary and such additional cash compensation, and the Company and/or the Bank shall provide to Executive such additional benefits and perquisites, as would normally be paid or provided to him during the Term of his employment hereunder, includable amounts, if any, payable to Executive under the Bonus Plan. Failure by Executive to continue in the employment of the Company and the Bank for the full duration of any Extension Period elected by the Company and/or the Bank under this paragraph (c) sh...
Extension Period. The term of the ETC Agreement shall be extended for an additional one-year period commencing July 1, 20[ • ] (the “Effective Date”) and ending June 30, 20[ • ] (the “Extension Period”), subject to extension or earlier termination as provided in the ETC Agreement.
Extension Period. 1.1 Blast agrees to extend the period that Maxim has to pay the additional Three Hundred Thousand ($300,000) Dollars of the balance due to July 25, 2005. Consequently Maxim will pay Four Hundred Thousand ($400,000) Dollars on July 25, 2005 in total. This extension is a one time extension and is not subject to any grace or cure periods. Failure to pay by the Four Hundred Thousand ($400,000) Dollars on July 25, 2005 will result in the lapse of the assignment and forfeiture of all prior consideration.
Extension Period. This Call-Off Contract can be extended by the Buyer for [enter number] period(s) of [up to][enter number] months each, by giving the Supplier [enter number][weeks/months] written notice before its expiry. Extensions which extend the Term beyond 24 months are only permitted if the Supplier complies with the additional exit plan requirements at clauses 21.3 to 21.8. [The extension period after 24 months should not exceed the maximum permitted under the Framework Agreement which is 2 periods of up to 12 months each. Under the Spend Controls process, prior approval must be obtained from the Government Digital Service (GDS) if the: Buyer is a central government department contract Term is intended to exceed 24 months] This Order is for the G-Cloud Services outlined below. It is acknowledged by the Parties that the volume of the G-Cloud Services used by the Buyer may vary during this Call-Off Contract.
Extension Period. SECTION
4.01 Limitation on Right of Company to Extend Interest Payment Period . . .
Extension Period. For good consideration, the Parties agree to extend the term of the Lease by: (check one)
Extension Period. The parties may agree in a written amendment to extend the Contract dates as necessary (Agreed Extension Period).
Extension Period. With respect to a Revised Loan, each 360 day period by which the maturity date of the Revised Loan (taking into effect all available extension options) extends beyond the applicable Existing Maturity Date of the Existing Loan.
Extension Period. This Call-Off contract can be extended by the Purchasing Authority for 1 or 2 period(s) of 12 months each, by giving the Provider 1 month written notice before its expiry. (Guidance Note: the extension period should not exceed the maximum permitted under the Framework Agreement which is 2 periods of up to 12 months each.)
