SERVICES, POSITION AND TERM Sample Clauses

SERVICES, POSITION AND TERM. (a) The Company will employ the Executive, and the Executive will serve the Company, on the terms and conditions set out herein. (b) The Executive will hold the position of Chief Executive Officer and perform those services normally or usually associated with the position of a senior executive officer, and such additional or other duties consistent with the position of Chief Executive Officer as may from time to time reasonably be delegated to the Executive by the Company (the “Services”). The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by the Company. The Executive will be employed to perform the Services for a term commencing May 1, 2017 (the “Service Commencement Date”) and the Executive’s employment will continue until terminated in accordance with the provisions of this Agreement (the “Term”).
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SERVICES, POSITION AND TERM. 1.1 The Company will employ the Executive, and the Executive will serve the Company, on the terms and conditions set out herein. 1.2 The Executive will hold the position of Senior Vice President Exploration, and perform those services normally or usually associated with the position of a senior executive officer, and such other duties consistent with the position of Senior Vice President Exploration as may from time to time reasonably be delegated to the Executive by the Company (the “Services”). The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by the Company. 1.3 The Executive will be employed to perform the Services for a term commencing May 1, 2006 and the Executive’s employment will continue until terminated in accordance with the provisions of this Agreement (the “Term”).
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SERVICES, POSITION AND TERM. 1.1 The Executive’s term of employment will commence on “Effective Date” and will continue until six (6) months after the “Effective Date” unless earlier terminated in accordance with this Agreement (the “Term”). The Term may be extended by written mutual agreement of the parties. Notwithstanding anything else in this Agreement, unless the parties have agreed in writing to extend the Term, then upon the expiration of the Term, the Executive’s employment with the Company will end without any further liability on the Company (other than the remuneration due to the Executive hereunder). For greater certainty, upon expiration of the Term, the Company will have no further liability to the Executive arising from the Executive’s employment in this interim position or the cessation thereof, except as required by the British Columbia Employment Standards Act, as amended (other than the remuneration due to the Executive hereunder). 1.2 The Executive will hold the position of Chief Executive Officer, and perform those services normally or usually associated with that position and such other or different duties as may from time to time be assigned to the Executive by the Company (collectively, the “Services”). 1.3 The Executive will report to the Company’s Board of Directors. 1.4 The Executive’s employment is subject to, and conditional upon successful completion of, a background check, including without limitation a criminal background check. The Executive agrees to execute and provide any consents required for the completion of any such background check. If you do not successfully pass the background check, as determined by the Company, or if you refuse to provide your consent to do a background check, the Company may terminate your employment immediately for cause.
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SERVICES, POSITION AND TERM. 1.1 The Company will employ the Executive, and the Executive will serve the Company, on the terms and conditions set out herein. 1.2 The Executive will hold the position of Vice President Corporate Affairs, and perform those services normally or usually associated with the position of a senior executive officer, and such other duties consistent with the position of Vice President Corporate Affairs as may from time to time reasonably be delegated to the Executive by the Company (the “Services”). The Executive shall faithfully and industriously perform the duties required of her position. The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by the Company. 1.3 Without limiting the foregoing, the Executive’s responsibilities shall include but not be limited to: (a) management and resolution of all legal issues affecting the Company; (b) retaining and providing instructions to the Company’s outside counsel on corporate and securities matters; (c) providing advice and recommendations with respect to any of the Company’s joint venture partners and transactions or proposed joint venture partners or transactions; (d) assisting with and providing advice and recommendations to the Company in respect of structured business transactions, contracts or other deals engaged in or proposed by the Company; (e) providing a review function with regard to all financial statements that the Company is required to produce; (f) preparing and implementing appropriate plans for developing new or additional business opportunities for the Company; (g) providing general assistance and support to the President, Chief Executive Officer and/or Chairman of the Company as he/she/they may direct from time to time; (h) providing assistance with regard to all regulatory matters pertaining to the Company; and (i) providing advice and services to affiliates, subsidiaries, and associated and related companies of the Company as needed and directed. 1.4 The Executive will be employed to perform the Services for a term commencing August 28th, 2006 and the Executive’s employment will continue until terminated in accordance with the provisions of this Agreement (the “Term”).
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SERVICES, POSITION AND TERM. (a) The Company will employ the Executive, and the Executive will serve the Company, on the terms and conditions set out herein. (b) The Executive will hold the position of Chief Financial Officer, and perform those services normally or usually associated with the position of a senior executive officer, and such other duties consistent with the position of Chief Financial Officer as may from time to time reasonably be delegated to the Executive by the Company (the “Services”). The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by the Company. (c) The Executive will be employed to perform the Services for a term commencing September 2, 2008 (the “Commencement Date”) and the Executive’s employment will continue until terminated in accordance with the provisions of this Agreement (the “Term”).
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SERVICES, POSITION AND TERM. 1.1 Pine Valley Coal will employ the Executive, and the Executive will serve Pine Valley Coal, on the terms and conditions set out herein.
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SERVICES, POSITION AND TERM. (a) The Company will employ the Executive, and the Executive will serve the Company, on the terms and conditions set out herein. (b) The Executive will hold the position of President and Chief Operating Officer, and perform those services normally or usually associated with the position of a senior executive officer, and such other duties consistent with the position of President and Chief Operating Officer as may from time to time reasonably be delegated to the Executive by the Company (the “Services”). The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by the Company. Without limiting the foregoing, the Executive acknowledges that he will be required to spend anywhere between 60 and 120 days per year either in the Company’s St. John’s office or in the field in Newfoundland and Labrador. (c) The Executive will be employed to perform the Services for a term commencing February 18, 2008 and the Executive’s employment will continue until terminated in accordance with the provisions of this Agreement (the “Term”).
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SERVICES, POSITION AND TERM. 1.1 Pine Valley Coal will employ the Executive, and the Executive will serve Pine Valley Coal, on the terms and conditions set out herein. 1.2 The Executive will hold the position of Managing Director, and perform those services normally or usually associated with that position and such other duties as may from time to time reasonably be delegated to the Executive by Pine Valley Coal (collectively, the "Services"). 1.3 The Executive's principal place of employment will be Sydney, Australia. 1.4 The Executive acknowledges that: (a) the principal business of Pine Valley Coal is to provide mining operations, exploration and development, marketing, and project financing, management and support services to Globaltex; (b) the activities of Pine Valley Coal are subject to oversight by the board of directors of Globaltex, and Pine Valley Coal will obtain the consent of the board of directors of Globaltex before entering into any material agreements; (c) the principal operations of Globaltex are located in British Columbia, Canada and Globaltex may, from time to time, acquire mining assets elsewhere in the world; and (d) consequently, the effective performance of the Services will require that the Executive frequently travel between Canada and Australia, and elsewhere as required by Pine Valley Coal. 1.5 The Executive will be employed to perform the Services for a term commencing on March 10, 2003 and continuing until the first to occur of: (a) December 4, 2003, if Globaltex has not by then achieved the milestones described in Schedule A to this Agreement (the "Acquisition Milestones"); (b) March 10, 2006; and (c) the termination of the Executive's employment subject to the provisions of this Agreement.(the "Term"). If the Term ends pursuant to Subsection (a) or (b), then Pine Valley Coal will remain obligated to pay to or to the credit of the Executive any Salary, Superannuation and vacation Leave Entitlement obligations that have accrued during the Term in accordance with this Agreement but remain unpaid at the end of the Term. In addition, and only in the event that the Term ends pursuant to Subsection (b), Pine Valley Coal will remain obligated to pay to or to the credit of the Executive any Bonus obligations that have accrued during the Term in accordance with this Agreement but remain unpaid at the end of the Term, and, if the Executive has not by then entered into a new employment relationship with Globaltex or one of its subsidiaries that will extend beyond...
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SERVICES, POSITION AND TERM. 1.1 Pine Valley will employ the Executive, and the Executive will serve Pine Valley, on the terms and conditions set out herein. 1.2 The Executive will hold the position of Chairman, and perform those services normally or usually associated with the position of a senior executive officer with a public company, and such other duties consistent with the position of Chairman as may from time to time reasonably be delegated to the Executive by Pine Valley, including, without limitation, those detailed on Schedule "A" to this Agreement, (collectively, the "Services"). The Executive acknowledges that the effective performance of the Services may require that the Executive travel from time to time as required by Pine Valley. 1.3 The Executive will be employed to perform the Services for a term commencing on August 31, 2004 and the Executive's employment will continue until terminated in accordance with the provisions of this Agreement (the "Term").
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Related to SERVICES, POSITION AND TERM

  • Scope of Services and Term Subject to the provisions for early termination as set forth herein, the Contractor agrees that it will perform the Services enumerated in the scope of services attached hereto as Exhibit A and incorporated herein by reference (the “Scope of Services”) for a term of three (3) years beginning , 2024 through , 2027 (the “Term”). The Authority in its sole discretion may extend the Agreement for two (2) additional one-year periods, for a potential maximum term of five (5) years. The Authority will provide any such renewal notice in writing at least thirty (30) days prior to expiration of the Agreement. The maximum payment for the Term is set forth in Section II(a). All work shall be diligently performed by the Contractor in an economical, expeditious and professional manner.

  • Duration and Termination This Agreement shall become effective with respect to each Fund as of the corresponding effective date indicated in Appendix A and, unless sooner terminated with respect to a Fund as provided herein, shall continue in effect for a period of two years as to such Fund. Thereafter, if not terminated, this Agreement shall continue in effect with respect to the Fund for successive periods of 12 months, provided such continuance is specifically approved at least annually by both (a) the vote of a majority of the Trust’s Board of Trustees or the vote of a majority of the outstanding voting securities of the Fund at the time outstanding and entitled to vote, and (b) the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval. Notwithstanding the foregoing, this Agreement may be terminated by the Trust at any time as to a Fund, without the payment of any penalty, upon giving the Advisor 60 days’ notice (which notice may be waived by the Advisor), provided that such termination by the Trust shall be directed or approved (x) by the vote of a majority of the Trustees of the Trust in office at the time or by the vote of the holders of a majority of the voting securities of the Fund at the time outstanding and entitled to vote, or (y) by the Advisor on 60 days’ written notice (which notice may be waived by the Trust). This Agreement will also immediately terminate in the event of its assignment. (As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested person” and “assignment” shall have the same meanings of such terms in the 1940 Act.)

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

  • Agreement and Term This Agreement records the Parties' agreement that:

  • Term, Duration and Termination This Agreement shall become effective with respect to each Fund as of the date first written above (the "Effective Date") (or, if a particular Fund is not in existence on such date, on the earlier of the date an amendment to Schedule A to this Agreement relating to that Fund is executed or the Distributor begins providing services under this Agreement with respect to such Fund) and, unless sooner terminated as provided herein, shall continue for a two year period following the Effective Date. Thereafter, if not terminated, this Agreement shall continue with respect to a particular Fund automatically for successive one-year terms, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of those members of the Trust's Board of Trustees who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting for the purpose of voting on such approval and (b) by the vote of the Trust's Board of Trustees or the vote of a majority of the outstanding voting securities of such Fund. This Agreement is terminable without penalty with sixty days' prior written notice, by the Trust's Board of Trustees, by vote of a majority of the outstanding voting securities of the Trust, or by the Distributor. This Agreement will also terminate automatically in the event of its assignment. (As used in this Agreement, the terms "majority of the outstanding voting securities," "interested persons" and "

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party. a. Any party may terminate this Agreement by written notice to the other at any time if that other party: (i.) commits a breach of this Agreement and, has not yet remedied the breach within 14 days of being notified of the facts and circumstances giving rise to the breach; or

  • Employment and Term The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein.

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • COMMENCEMENT AND TERMINATION 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein. 10.2 This Agreement shall terminate without penalty: a. As to any Participating Fund, at the option of Insurance Company or the Participating Fund at any time from the date hereof upon 180 days' notice, unless a shorter time is agreed to by the respective Participating Fund and Insurance Company; b. As to any Participating Fund, at the option of Insurance Company, if shares of that Participating Fund are not reasonably available to meet the requirements of the Contracts as determined by Insurance Company. Prompt notice of election to terminate shall be furnished by Insurance Company, said termination to be effective ten days after receipt of notice unless the Participating Fund makes available a sufficient number of shares to meet the requirements of the Contracts within said ten-day period; c. As to a Participating Fund, at the option of Insurance Company, upon the institution of formal proceedings against that Participating Fund by the Commission, National Association of Securities Dealers or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in Insurance Company's reasonable judgment, materially impair that Participating Fund's ability to meet and perform the Participating Fund's obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by Insurance Company with said termination to be effective upon receipt of notice; d. As to a Participating Fund, at the option of each Participating Fund, upon the institution of formal proceedings against Insurance Company by the Commission, National Association of Securities Dealers or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in the Participating Fund's reasonable judgment, materially impair Insurance Company's ability to meet and perform Insurance Company's obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by such Participating Fund with said termination to be effective upon receipt of notice; e. As to a Participating Fund, at the option of that Participating Fund, if the Participating Fund shall determine, in its sole judgment reasonably exercised in good faith, that Insurance Company has suffered a material adverse change in its business or financial condition or is the subject of material adverse publicity and such material adverse change or material adverse publicity is likely to have a material adverse impact upon the business and operation of that Participating Fund or Dreyfus, such Participating Fund shall notify Insurance Company in writing of such determination and its intent to terminate this Agreement, and after considering the actions taken by Insurance Company and any other changes in circumstances since the giving of such notice, such determination of the Participating Fund shall continue to apply on the sixtieth (60th) day following the giving of such notice, which sixtieth day shall be the effective date of termination; f. As to a Participating Fund, upon termination of the Investment Advisory Agreement between that Participating Fund and Dreyfus or its successors unless Insurance Company specifically approves the selection of a new Participating Fund investment adviser. Such Participating Fund shall promptly furnish notice of such termination to Insurance Company; g. As to a Participating Fund, in the event that Participating Fund's shares are not registered, issued or sold in accordance with applicable federal law, or such law precludes the use of such shares as the underlying investment medium of Contracts issued or to be issued by Insurance Company. Termination shall be effective immediately as to that Participating Fund only upon such occurrence without notice; h. At the option of a Participating Fund upon a determination by its Board in good faith that it is no longer advisable and in the best interests of shareholders of that Participating Fund to continue to operate pursuant to this Agreement. Termination pursuant to this Subsection (h) shall be effective upon notice by such Participating Fund to Insurance Company of such termination; i. At the option of a Participating Fund if the Contracts cease to qualify as annuity contracts or life insurance policies, as applicable, under the Code, or if such Participating Fund reasonably believes that the Contracts may fail to so qualify; j. At the option of any party to this Agreement, upon another party's breach of any material provision of this Agreement; k. At the option of a Participating Fund, if the Contracts are not registered, issued or sold in accordance with applicable federal and/or state law; or l. Upon assignment of this Agreement, unless made with the written consent of every other non-assigning party. Any such termination pursuant to Section 10.2a, 10.2d, 10.2e, 10.2f or 10.2k herein shall not affect the operation of Article V of this Agreement. Any termination of this Agreement shall not affect the operation of Article IX of this Agreement. 10.3 Notwithstanding any termination of this Agreement pursuant to Section 10.2 hereof, each Participating Fund and Dreyfus may, at the option of the Participating Fund, continue to make available additional shares of that Participating Fund for as long as the Participating Fund desires pursuant to the terms and conditions of this Agreement as provided below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, if that Participating Fund and Dreyfus so elect to make additional Participating Fund shares available, the owners of the Existing Contracts or Insurance Company, whichever shall have legal authority to do so, shall be permitted to reallocate investments in that Participating Fund, redeem investments in that Participating Fund and/or invest in that Participating Fund upon the making of additional purchase payments under the Existing Contracts. In the event of a termination of this Agreement pursuant to Section 10.2 hereof, such Participating Fund and Dreyfus, as promptly as is practicable under the circumstances, shall notify Insurance Company whether Dreyfus and that Participating Fund will continue to make that Participating Fund's shares available after such termination. If such Participating Fund shares continue to be made available after such termination, the provisions of this Agreement shall remain in effect and thereafter either of that Participating Fund or Insurance Company may terminate the Agreement as to that Participating Fund, as so continued pursuant to this Section 10.3, upon prior written notice to the other party, such notice to be for a period that is reasonable under the circumstances but, if given by the Participating Fund, need not be for more than six months. 10.4 Termination of this Agreement as to any one Participating Fund shall not be deemed a termination as to any other Participating Fund unless Insurance Company or such other Participating Fund, as the case may be, terminates this Agreement as to such other Participating Fund in accordance with this Article X.

  • Renewal and Termination A. This Agreement shall become effective on the date written below and shall continue in effect for one (1) year thereafter, unless sooner terminated as hereinafter provided and shall continue in effect thereafter for periods not exceeding one (1) year so long as such continuation is approved at least annually (i) by a vote of a majority of the outstanding voting securities of the Fund or by a vote of the Board of Trustees of the Trust, and (ii) by a vote of a majority of the Trustees of the Trust who are not parties to the Agreement (other than as Trustees of the Trust) or “interested persons” of any such party, cast in person at a meeting called for the purpose of voting on the Agreement. B. This Agreement: (i) may at any time be terminated without the payment of any penalty either by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Fund on sixty (60) days’ written notice to the Adviser; (ii) shall immediately terminate with respect to the Fund in the event of its assignment; and (iii) may be terminated by the Adviser on sixty (60) days’ written notice to the Fund. C. As used in this Paragraph the terms “assignment,” “interested person” and “vote of a majority of the outstanding voting securities” shall have the meanings set forth for such terms in the 1940 Act. D. Any notice under this Agreement shall be given in writing addressed and delivered, or mailed post-paid, to the other party at any office of such party.

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