Common use of Non-Renewal Notice Clause in Contracts

Non-Renewal Notice. Blockbuster shall notify you in writing in the event that Blockbuster elects not to extend or renew this Agreement. If Blockbuster gives you such notice less than twelve (12) months before the end of the Employment Term, or your employment terminates pursuant to paragraph 8(b) or 8(c) hereof during the final twelve (12) months of the Employment Term, you shall be entitled to receive your Salary as provided in paragraph 3(a), payable in accordance with Blockbuster's then effective payroll practices, subject to applicable withholding requirements, for the period commencing after the end of the Employment Term which, when added to the portion of the Employment Term, if any, remaining when the notice is given or the termination occurs, equals twelve (12) months. The payments provided for in this paragraph 8(f) are in lieu of any severance or income continuation or protection under any Blockbuster or Viacom plan that may now or hereafter exist. You shall be required to mitigate the amount of any payment provided for in this paragraph 8(f) by seeking other employment or otherwise, and the amount of any such payment provided hereunder shall be reduced by any compensation earned by you from a third person.

Non-Renewal Notice. Blockbuster shall notify you in writing in ------------------ the event that Blockbuster elects not to extend or renew this Agreement. If Blockbuster gives you such notice less than twelve (12) months before the end of the Employment Term, Term or your employment terminates pursuant to paragraph 8(b) or 8(c) hereof during the final twelve (12) months of the Employment Term, you shall be entitled to receive your Salary as provided in paragraph 3(a), payable in accordance with Blockbuster's then effective payroll practices, subject to applicable withholding requirements, for the period commencing after the end of the Employment Term which, when added to the portion of the Employment Term, if any, remaining when the notice is given or the termination occurs, equals twelve (12) months. The payments provided for in this paragraph 8(f) are in lieu of any severance or income continuation or protection under any Blockbuster or Viacom plan that may now or hereafter exist. You shall be required to mitigate the amount of any payment provided for in this paragraph 8(f) by seeking other employment or otherwise, and the amount of any such payment provided hereunder shall be reduced by any compensation earned by you from a third person.

Non-Renewal Notice. Blockbuster shall notify you in writing in the event that Blockbuster elects not to extend or renew this Agreement. If Blockbuster gives you such notice less than twelve (12) months before the end of the Employment Term, or your employment terminates pursuant to paragraph 8(b) or 8(c) hereof during the final twelve (12) months of the Employment Term, you shall be entitled to receive your Salary as provided in paragraph 3(a), payable in accordance with Blockbuster's then effective payroll practices, subject to applicable withholding requirements, for the period commencing after the end of the Employment Term which, when added to the portion of the Employment Term, if any, remaining when the notice is given or the termination occurs, equals twelve (12) months. The payments provided for in this paragraph 8(f) are in lieu of any severance or income continuation or protection under any Blockbuster or Viacom plan that may now or hereafter exist. You shall be required to mitigate the amount of any payment provided for in this paragraph 8(f) by seeking other employment or otherwise, and the amount of any such payment provided hereunder shall be reduced by any compensation earned by you from a third person.hereafter