Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 2007; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (Federal Home Loan Bank of Chicago), Employment Agreement (Federal Home Loan Bank of Chicago)
Period of Employment. The term “Period of Employment” shall mean the period which commences commenced on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31October 18, 20072016; provided, however, however that the Period of Employment shall automatically be extended by one year effective January 1, 2008 on a day-by-day and each year thereafter until such date as shall always be thirty-six (36) months unless either the Company or the Executive shall have terminated such this automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 2 contracts
Samples: Employment Agreement (Geospatial Corp), Employment Agreement (Geospatial Corp)
Period of Employment. The term “Period of Employment” shall mean the period which commences commenced on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31November 30, 20072010; provided, however, that beginning on December 1, 2010, the Period of Employment shall automatically be extended by one year effective January 1, 2008 on a day-by-day basis from and each year thereafter until after such date as shall always be twelve (12) months unless either the Company or the Executive shall have terminated such this automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 2 contracts
Samples: Employment Agreement (Geospatial Corp), Employment Agreement (Geospatial Holdings, Inc.)
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31April 30, 20072005; provided, however, that the Period of Employment shall automatically be extended by one year on a day-by-day basis effective January on and after May 1, 2008 and each year thereafter 2003 (so that the remaining term shall always be two (2) years) until such date as either the Company or the Executive shall have terminated such this automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 1 contract
Period of Employment. The term “"Period of Employment” " shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 20072005; provided, however, that the Period of Employment shall automatically be extended on a day by one year effective January 1, 2008 and each year thereafter day basis so that the remaining term of the Period of Employment shall always be three (3) years until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 1 contract
Samples: Employment Agreement (Unifi Inc)
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31June 30, 20072009; provided, however, that the Period of Employment shall automatically be extended by one year effective January July 1, 2008 2009 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving no less than 30 days written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof.
Appears in 1 contract
Samples: Employment Agreement (Federal Home Loan Bank of Des Moines)
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31the earlier of (i) the employment termination date set forth in a notice from the Company to Executive, 2007; provided, however, such notice having been provided in connection with the Company’s public announcement that the Period of Employment shall automatically be extended by one year effective January 1it has hired a new Chief Executive Officer or (ii) April 30, 2008 and each year thereafter until such (the earlier date as either being the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof“Transition Date”).
Appears in 1 contract
Period of Employment. The term “"Period of Employment” " shall mean the period which commences on the date hereof (the "Effective Date Date") and, unless earlier terminated pursuant to Section 6, ends on December 31September 30, 20072002; provided, however, that the Period of Employment shall automatically be extended on a day by one year day basis effective January 1on and after September 30, 2008 and each year thereafter 2002 until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior pursuant to the end of the initial Period of Employment or any extension thereofSection 6(e).
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December July 31, 20072009; provided, however, that the Period of Employment shall automatically be extended on a day by one year effective January 1, 2008 and each year thereafter day basis so that the remaining term of the Period of Employment shall always be three (3) years until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 1 contract
Samples: Employment Agreement (Unifi Inc)
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 20072009; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 2010 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving no less than 30 days written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof.
Appears in 1 contract
Samples: Employment Agreement (Federal Home Loan Bank of Des Moines)
Period of Employment. The term “"Period of Employment” " shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 20072005; provided, however, that the Period of Employment shall automatically be extended on a day by one year day basis effective on and after January 1, 2008 and each year thereafter 2003 (so that the remaining term shall always be three (3) years) until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences commenced on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31April 21st, 2007; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof2011.
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 20072008; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 2009 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving no less than 30 days written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof.
Appears in 1 contract
Samples: Employment Agreement (Federal Home Loan Bank of Des Moines)
Period of Employment. The term “"Period of Employment” " shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31January 1, 20072005; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 2005 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months 180 days prior to the end of the initial Period of Employment or any extension thereof.
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 20072005; provided, however, that the Period of Employment shall automatically be extended on a day by one year day basis effective on and after January 1, 2008 and each year thereafter 2003 (so that the remaining term shall always be three (3) years) until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereofother.
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 2007; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 and each year thereafter until such same date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three six months prior to the end of the initial Period of Employment or any extension thereoflater.
Appears in 1 contract
Period of Employment. The term “Period of Employment” shall mean the period which commences commenced on the Effective Employment Date and, unless earlier terminated pursuant to Section 6, ends on December 31November 30, 2007; provided, however, that the Period of Employment shall automatically be extended by one year effective January 1, 2008 and each year thereafter until such date as either the Company or the Executive shall have terminated such automatic extension provision by giving written notice to the other at least three months prior to the end of the initial Period of Employment or any extension thereof2010.
Appears in 1 contract