Subsequent Term. An additional period of time beyond the Initial Term which extends the termination date of the Contract.
Subsequent Term. Executive and the Company may, but shall be under no obligation to, negotiate terms and conditions of any subsequent term of employment. In the event, however, that Executive remains in the employ of the Company after the term of this Agreement without the parties having entered into a new employment agreement or extending this Agreement, then 1) the terms of this Agreement shall not be applicable, 2) Executive shall be an employee-at-will subject to the benefits, programs, and policies of the Company then in effect, and 3) either party may terminate the employment relationship at any time with or without cause.
Subsequent Term. For the term immediately subsequent to the initial term, for a term to expire no sooner than April 30, 2014, the Adviser agrees to limit the expenses of each Fund listed on Appendix A as an “Extended Expense Limitation Fund” to the Expense Limit that is the median Expense Limit for the Fund’s asset class under the standard categories by Lipper, Inc., unless amended by the Board of Trustees.
Subsequent Term. This Agreement shall be automatically renewed for successive one-year periods unless prior to the December 31 immediately preceding the expiration of this Agreement or renewal thereof, the Company or Executive notifies the other in writing that such party does not wish to renew this Agreement.
Subsequent Term. 6 1.22 Tanabe .......................................................... 6 1.23 Term ............................................................ 6 1.24 Territory ....................................................... 6 1.25
Subsequent Term. The period beginning upon the expiration of the Initial Term and continuing until the expiration of the Term.
Subsequent Term. The term of this Contract may be extended by additional three (3) year terms unless terminated by CIS by giving written notice of its decision not to renew to the Vendor not less than thirty (30) calendar days prior to the expiration of the then current Contract term. No change in terms and conditions shall be permitted during these extensions unless specifically set forth in this Contract.
Subsequent Term. As defined in Section 7.5 of this Agreement.
Subsequent Term. The Agreement will provide for a [***] rolling forecast model, initially including the quantities ordered during the Initial Term as well as any other Product orders forecasted within the agreed upon period of the model (“Rolling Forecast”). The Subsequent Term period is a [***] period commencing in [***] with the right to renew for an additional term(s), with commitments in the Rolling Forecast being dependent upon agreed pricing and volume. During the Subsequent Term, LANXESS will use commercially reasonable sourcing efforts to control/minimize the cost of key raw materials in the preparation for each production campaign quotation associated with this MOU or the Agreement. The Agreement will incorporate the requirements for MFA set forth in Section 4 of this MOU.
Subsequent Term. Prior to the Fifth Fiscal Year, the parties are expected to negotiate and agree regarding PARKXX'X xxxloyment with LINDSAY for the period after the Fifth Fiscal Year. Failing such negotiations and/or agreement, this Agreement will automatically renew for two additional years, commencing September 1, 2003, and ending on August 31, 2005, unless written notice of intent not to renew is provided by one party to the other party at least six (6) months prior to the end of the Fifth Fiscal Year.
