Modification of Term. In the event that an Announcement or a Change in Control occurs during the Term, the term of this Agreement shall automatically and irrevocably become a term ending on the later of the last day of the Term or the second anniversary of the date of Consummation of a Change in Control Transaction. This Agreement shall be assigned to, and shall be assumed by, any successor to the Company upon Consummation of a Change in Control Transaction. During the modified term pursuant to this section, this Agreement shall not be terminated or amended, altered or nullified by the Company or its successor without the Executive's written consent.
Modification of Term. In the event that an Announcement or a Change in Control occurs during the Term, the term of this Agreement shall automatically and irrevocably become a term ending on the later of the last day of the Term or the second anniversary of the date of Consummation of a Change in Control Transaction. This Agreement shall be assigned to, and shall be assumed by, any successor to the Company upon Consummation of a Change in Control Transaction. During the modified term pursuant to this section, this Agreement shall not be terminated by the Company or its successor.
Modification of Term. WPCTSA and Seniors First agree to extend the Partnership Agreement on a month-to-month basis for a period of up to twelve (12) months, commencing July 1, 2014 to June 30, 2015.
Modification of Term. The term of the Lease (“Term”) shall be extended for five (5) years and expire on June 15, 2018 (“Expiration Date”). Lessee is permitted to extend the Term of this lease for three (3) additional terms (“Renewal Terms”) of five (5) years each. The terms and conditions for the Term and the Renewal Terms of this amendment shall be the same terms and conditions of the Lease, except as otherwise set forth in this First Amendment. If not in default or breach at the time, the term of the Lease shall automatically be extended for the Renewal Terms unless Lessee notifies Lessor in writing of Lessee’s intention not to extend this Lease at least thirty (30) days prior to the expiration of the then current term.
Modification of Term. The term of the Lease is hereby amended to be for one (1) year beginning on October 1, 2019. The Lease shall automatically renew for additional terms of one (1) year each, unless either party provides written notice to the other of its intent to terminate the Lease not less than one hundred and eighty (180) days before the end of the then current term. The Lease shall continue annually under the same terms and conditions, except as specifically modified in this Amendment.
Modification of Term. All references to the Term of Agreement shall be amended to provide that the Agreement has a New Initial Term of Five (5) years (“New Initial Term”), commencing on April 30th, 2020 and the Term will be automatically renewed for up to Five (5) additional Five (5) year terms (each a “Renewal Term”) without further action by Operator.
Modification of Term. The original agreement specified a tennination date of June 30, 2018. The first contract addendum extended the te1m to a termination . ' . date of June 30, 2021. The School District and the Superintendent agree to an extension of the term of employment to June 30, 2022.
Modification of Term. WPCTSA and the City of Roseville agree to extend the Agreement on an annual basis for a period of up to three (3) fiscal years, commencing July 1, 2014 to June 30, 2017. This Agreement shall automatically renew each July 1, unless WPCTSA or the City of Roseville provides written notice to the other of its intent to terminate this Agreement not less than sixty (60) days before the end of the then current fiscal year.
Modification of Term. Section 1.1(b) of the Lease Agreement shall be modified such that Operation shall include Care and Maintenance. The last sentence of Section 1.1(b) of the Lease Agreement would be modified to clarify that the cessation of Commercial Production or Operations will not terminate the Lease Agreement either before or after the expiration of the initial 30-year term of the Lease Agreement so long as the Deferral Period remains in effect.
Modification of Term. You agree that, in order to effect an early succession plan, the Committee may reduce the term of your employment hereunder and, in connection therewith, have the discretion to vest all unvested Options granted pursuant to the Option Agreement, and pay 100% of the special retirement payment provided for in Paragraph 6 hereof.
