Common use of Operation and Term of Agreement Clause in Contracts

Operation and Term of Agreement. This agreement, although effective immediately, shall not become operative unless and until there has been a change in control of the Company. None of the provisions of this agreement shall be applicable to any termination of Executive's employment, however occurring, which is effective prior to a change in control of the Company. This agreement shall continue until the later of December 31, 2004 or two years after the occurrence of a change in control of the Company, provided such change in control occurs on or before December 31, 2004, subject to extension beyond that date by mutual written consent. This agreement will be reviewed with Executive between January 1, 2004 and July 31, 2004, for the purpose of determining whether or not an extension beyond December 31, 2004 is mutually agreeable and, if so, on what basis and for how long.

Appears in 1 contract

Samples: Change of Control Agreement (Amcast Industrial Corp)

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Operation and Term of Agreement. This agreement, although effective immediately, shall not become operative unless and until there has been a change in control of the Company. None of the provisions of this agreement shall be applicable September 1, 1996 page 2 to any termination of Executive's your employment, however occurring, which is effective prior to a change in control of the Company. This agreement shall continue until the later of December 31, 2004 2000 or two years after the occurrence of a change in control of the Company, provided such change in control occurs on or before December 31, 20042000, subject to extension beyond that date by mutual written consent. This The Company will review this agreement will be reviewed with Executive you between January 1, 2004 2000 and July 31, 20042000, for the purpose of determining whether or not an extension beyond December 31, 2004 2000 is mutually agreeable and, if so, on what basis and for how long.

Appears in 1 contract

Samples: Amcast Industrial Corp

Operation and Term of Agreement. This agreement, although effective immediately, shall not become operative unless and until there has been a change in control of the Company. None of the provisions of this agreement shall be applicable to any termination of Executive's your employment, however occurring, which is effective prior to a change in control of the Company. This agreement shall continue until the later of December 31, 2004 or two years after the occurrence of a change in control of the Company, provided such change in control occurs on or before December 31, 2004, subject to extension beyond that date by mutual written consent. This The Company will review this agreement will be reviewed with Executive you between January 1, 2004 and July 31, 2004, for the purpose of determining whether or not an extension beyond December 31, 2004 is mutually agreeable and, if so, on what basis and for how long.

Appears in 1 contract

Samples: Amcast Industrial Corp

Operation and Term of Agreement. This agreement, although effective immediately, shall not become operative unless and until there has been a change in control of the Company. None of the provisions of this agreement shall be applicable to any termination of Executive's employment, however occurring, which is effective prior to a change in control of the Company. This agreement shall continue until the later of December 31, 2004 1997 or two years after the occurrence of a change in control of the Company, provided such change in control occurs on or before December 31, 20041997, subject to extension beyond that date by mutual written consent. This agreement will be reviewed with Executive between January 1, 2004 1997 and July 31, 20041997, for the purpose of determining whether or not an extension beyond December 31, 2004 1997 is mutually agreeable and, if so, on what basis and for how long.

Appears in 1 contract

Samples: Change of Control Agreement (Amcast Industrial Corp)

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Operation and Term of Agreement. This agreement, although effective immediately, shall not become operative unless and until there has been a change in control of the Company. None of the provisions of this agreement shall be applicable to any termination of Executive's employment, however occurring, which is effective prior to a change in control of the Company. This agreement shall continue until the later of December 31, 2004 2000 or two years after the occurrence of a change in control of the Company, provided such change in control occurs on or before December 31, 20042000, subject to extension beyond that date by mutual written consent. This agreement will be reviewed with Executive between January 1, 2004 2000 and July 31, 20042000, for the purpose of determining whether or not an extension beyond December 31, 2004 2000 is mutually agreeable and, if so, on what basis and for how long.

Appears in 1 contract

Samples: Change of Control Agreement (Amcast Industrial Corp)

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