OPTION TO RENEW AND EXTEND. Company may renew this Agreement on the same terms by providing written notice to Consultant at any time prior to the expiration hereof.
OPTION TO RENEW AND EXTEND. In the event that there has been no material capital change in the amount of stock of the Company, no change in control of the Company, and the Company is not insolvent or in bankruptcy, then Company may renew this Agreement for up to two additional term(s) of six months or less (each, a “Renewal Term”) on the same terms and conditions set forth in this Agreement by providing written notice to Consultant at any time prior to the initial Expiration Date. The Effective date of a Renewal Term shall be the Expiration Date of the prior term, and the Expiration Date of the Renewal Term shall be the date six months after the Effective Date of the Renewal Term, or if Company has indicated a term of less than six months in its written notice of renewal, on the last day of such period.
OPTION TO RENEW AND EXTEND. Company may renew or amend this Agreement by providing written notice to Consultant by negotiating new terms at any time prior to the expiration hereof upon mutual acceptance of terms and conditions by Consultant which shall be accepted by both parties in writing.
OPTION TO RENEW AND EXTEND. The Company and Financial Advisor may renew the term of this Agreement on terms to be mutually agreed upon in writing, including the possibility of a month-to-month renewal.
OPTION TO RENEW AND EXTEND. Upon the Expiration Date, the Company has the option, but not the obligation, to renew this Agreement upon terms and conditions to be determined.
OPTION TO RENEW AND EXTEND. Provided Tenant is not in material or economic default under the terms and conditions of this Lease (following any applicable notice and cure periods), Landlord hereby grants to the Tenant and/or any Affiliate the option to renew and extend the Term of this Lease for two (2) successive terms of three (3) years (“Renewal Option”). In order to exercise a Renewal Option, Tenant shall provide written notice to Landlord designating the size and location of the portion of the Premises that will be subject to the Renewal Option (the “Proposed Renewal Premises”), which shall include, at a minimum, the entire (4th) floor of the Premises. If the Proposed Renewal Space includes less than all of the Premises, but more than all of the fourth (4th) floor of the Premises, then the designation of the Proposed Renewal Space shall be subject to Landlord’s approval, which approval may be withheld for any commercially reasonable basis, including, without limitation, that (a) the remainder of the Premises will be unduly difficult to lease to third party tenants, to maintain or to use; or (b) the costs to maintain the remainder of the Premises or the Proposed Renewal Space would exceed the average cost to maintain space in the Building. The term “Renewal Premises” shall mean and refer to the Proposed Renewal Space approved by Landlord. If the Renewal Premises includes less than all of the Premises but more than the fourth (4th) floor, then Tenant shall be solely responsible for all costs that arise out of Tenant’s designation of less than all of the Premises as the Renewal Premises, including costs associated with the construction of any demising walls. The renewal and extension of the Term of this Lease shall be upon the same terms, conditions and provisions as contained in this Lease, except that the new Premises shall be the Renewal Premises and the new Basic Monthly Rent shall be adjusted to equal ninety-five percent (95%) of the Market Rental Rate for comparable space in the so-called “University Town Center” submarket in San Diego at the commencement of the extension term.
OPTION TO RENEW AND EXTEND. Company may renew this Agreement for additional term(s) of at least twelve (12) months (each, a "Renewal Term") at the same terms and conditions set forth in this Agreement, or for a higher rate upon agreement by both parties, by providing written notice to Consultant at any time prior to the initial Expiration Date,
OPTION TO RENEW AND EXTEND. Company may renew this Agreement for an additional term(s) of three (3) months (each, a “Renewal Term”) and with a compensation rate of Nine Thousand dollars ($9,000) and forty five thousand (45,000) of the Company’s restricted stock or for a higher rate upon agreement by both parties, by providing written notice to Consultant at any time prior to the initial Expiration Date.
OPTION TO RENEW AND EXTEND. Upon written mutual consent of both parties, this agreement may be renewed at any time prior to the expiration hereof.
OPTION TO RENEW AND EXTEND. The parties may renew and extend this Agreement through written consent.
