Term and Automatic Renewal. The term of this Agreement will be one year commencing as of the Effective Date. This Agreement will automatically renew for one additional year on each anniversary of the Effective Date unless this Agreement and Executive's employment hereunder are terminated in accordance with the provisions of this Section 3. Upon a Change of Control of the Holding Company, the term of this Agreement shall be a fixed term which shall commence upon the effective date of the Change of Control and end on the 3rd anniversary thereof.
Term and Automatic Renewal. The term of this Agreement is one (1) year and will automatically renew on each anniversary date unless sooner terminated (a) by you by providing written notice to Isagenix, following the procedures set forth in Section 7, Termination Rights, or (b) by Xxxxxxxx, in accordance with the terms of Section 7, Termination Rights.
Term and Automatic Renewal. The Executive’s employment by the Bank and the Corporation shall continue only during the term of this Agreement and thus the term of the Executive’s employment and the term of this Agreement are the same and may be referred to collectively as the “Term”. The Term will be one year commencing as of the Effective Date and the Term will automatically renew for one additional year on each anniversary of the Effective Date. Notwithstanding the foregoing, if the Executive’s employment hereunder is terminated in accordance with the provisions below of this Section 3, the Term will be deemed to have expired and the Executive’s Base Compensation and other rights of the Executive under this Agreement, or otherwise as an employee of the Bank and of the Corporation, will immediately terminate unless otherwise expressly provided below in this Section 3 or provided under the terms of any benefit plan then in effect for which the Executive is a participant or as may be required notwithstanding this Agreement by operation of law.
Term and Automatic Renewal. The term of this Agreement and Executive’s employment hereunder will be one (1) year commencing as of the date first written above. On each day following the date first written above, this Agreement and the term of Executive’s employment hereunder will automatically renew for one (1) additional day until such time as: (i) the board of directors of Bancorp or Executive elects not to extend the term of this Agreement by providing written notice to the other of such party’s election not to extend the term beyond the then current termination date; or (ii) Executive’s employment is terminated in accordance with Section 7 of this Agreement.
Term and Automatic Renewal. T he Shareholders Agreement shall be executed on the Closing Date, subject to the satisfaction of the c onditions precedent set forth in the Agreement, and s hall enter into force on the s ame date C los ing Date and s hall remain in full forc e and effec t:
Term and Automatic Renewal. The Shareholders Agreement shall be executed on the Closing Date, subject to the satisfaction of the conditions precedent set forth in the Agreement, and shall enter into force on the same date Closing Date and shall remain in full force and effect:
Term and Automatic Renewal. The subscription term is one year or the term specified for the service plan you select, committing you to a subscription period of the time frame of your selection. Upon expiration of the initial subscription term, your subscription automatically renews every calendar month or calendar year, depending on the initial term selected. You are financially responsible for all associated subscription fees until notice of cancellation is received by CHARMING CHINA. Changes CANCELLATION POLICY:
Term and Automatic Renewal. (a) The term of this Agreement commences on the Effective Date and continues for the initial period set out in the initial Order Form (the “Initial Term”) unless this Agreement is terminated earlier in accordance with this Section 11.
(b) Upon the expiration of the Initial Term, this Agreement shall automatically renew for additional successive terms (each, a “Renewal Term” and together with the Initial Term, the “Term”), unless either Party provides written notice of non-renewal to the other at least 30 days prior to the end of the Initial Term or then-current Renewal Term, as applicable. If either Party provides timely notice of its intent not to renew this Agreement, then, unless otherwise sooner terminated in accordance with its terms, this Agreement shall terminate on the expiration of the then-current Term.
(c) If the Term is renewed for any Renewal Term(s) pursuant to this Section, the terms and conditions of this Agreement during each such Renewal Term shall be the same as the terms and conditions in effect immediately prior to such renewal, subject to (i) any change in the Fees payable hereunder by Customer during the applicable Renewal Term in accordance with Section 3.6 (Rate Increase) and (ii) any applicable Order Form or SOW.
Term and Automatic Renewal. The term of this Agreement and Employee’s employment hereunder shall commence as of the Effective Date hereof and continue until December 31, 2007. On January 1, 2008 and each January 1 thereafter this Agreement and the term of Employee’s employment hereunder will automatically renew for one (1) additional year unless this Agreement and Employee’s employment hereunder are terminated in accordance with the provisions of Section 4.
Term and Automatic Renewal. The Term of this Agreement begins on the effective date of the Subscription Term when Customer purchases the Services through the HRLive System and ends on the date of termination, cancellation or expiration of the Subscription Term. At the end of the then-current Subscription Term, each Subscription Plan will automatically renew for an additional one-year period. Customer may not cancel the Subscription under Section 13.2 below unless: (a) Customer provides written notice of non-renewal and cancellation under Section 13.2 to SHRP at least thirty (30) days before the expiration date of the then-current Subscription Term, or (b) SHRP provides written notice of non-renewal to Customer at least 90 days before such expiration date. Customers must submit notice of non-renewal or cancellation to XXXxxx@xxxxxxxxx.xx. Unless another payment method has been specified, SHRP will charge Customer’s payment information on file for the Subscription Plan for the renewal term.