Term and Positions. (a) The period of employment of the Executive by the Company shall, subject to earlier termination as provided in this Employment Agreement, continue until December 31, 2009, with automatic one year renewals thereafter. Notwithstanding the foregoing, this Employment Agreement may be terminated by the Company with “cause” (as hereinafter defined) at any time and without cause upon not less than ninety (90) days prior written notice to the Executive.
Term and Positions. (a) Subject to the provisions for renewal and termination hereinafter provided, the term of this Employment Agreement shall begin on the date hereof and shall continue until December 31, 1998. Such term automatically shall be extended for one (1) additional calendar year, unless: (i) this Employment Agreement is terminated as provided in Paragraph 4(a)(i) or 4(a)(ii) or (ii) either the Company or the Executive shall give at least 180 days written notice of non-extension of this Employment Agreement to the other on or before June 30, 1998.
Term and Positions. (a) Subject to the provisions for termination hereinafter provided, (i) the term of this Employment Agreement shall begin on the date hereof and shall continue for the current "fiscal year" (as hereinafter defined) and for the immediately succeeding fiscal year and (ii) as of December 31, 2001, such term automatically shall be extended for the fiscal year commencing January 1, 2002 and for each fiscal year thereafter. This Employment Agreement may be terminated by the Company with "cause" (as hereinafter defined) at any time, or without cause upon not less than ninety days prior written notice. The term "
Term and Positions. (a) Subject to the provisions for termination as hereinafter provided, the term of this Agreement shall begin on January 1, 1997 and shall continue through December 31, 1997 (the "Original Term"). The Original Term may be extended for additional terms of one year each (each, a "Renewal Term") upon the mutual agreement of Employer and Employee.
Term and Positions. (a) Subject to the provisions for extension or termination hereinafter stated, the term of this Employment Agreement shall begin as of September 8, 1997 (the "Effective Date") and shall continue through February 28, 2001 (the "Expiration Date"). As of March 1, 1999 and each successive anniversary thereof, such term automatically shall be extended for one (1) additional year, unless: (i) this Employment Agreement is terminated as provided in Paragraph 5 or (ii) either the Company or the Executive shall give written notice to the other at least thirty (30) days before the first anniversary of the Effective Date or any subsequent annual anniversary thereof, that this Employment Agreement shall not be so extended but shall terminate upon the expiration of the then existing term (for example, unless such written notice of non-extension is given on or prior to January 28, 1999, the term of this Employment Agreement automatically will be extended, effective March 1, 1999, until February 28, 2002). In the event of a "change of control" (as hereinafter defined) the term of this Employment Agreement shall automatically be extended for a term of two (2) years from the then existing Termination Date.
Term and Positions. (a) Subject to the provisions for renewal and termination hereinafter provided, the term of this Agreement shall begin on the date hereof and shall continue for five (5) years thereafter. Such term shall automatically be extended for one additional day as of the end of the first day of the term hereof and as of the end of each succeeding day thereafter, unless the Agreement is terminated as provided in Paragraph 8.
Term and Positions. (a) Subject to the provisions for renewal and termination hereinafter provided, (i) the term of this Employment Agreement shall begin on the date hereof and shall continue for the current "fiscal year" (as hereinafter defined) and for the succeeding two fiscal years and (ii) as of December 31, 2001, and the first day of each succeeding fiscal year thereafter, such term automatically shall be extended for one (1) additional fiscal year, beginning with the fiscal year commencing January 1, 2002, and continuing thereafter. This Employment Agreement may be terminated at any time as provided in Paragraph 5 or by either the Company or the Executive upon one fiscal year's prior written notice of termination of this Employment Agreement given to the other at least thirty (30) days before January 1, 2000, or the beginning of any such succeeding fiscal year (for example, unless such written notice of termination is given on or prior to December 2, 1999, the term of this Employment Agreement
Term and Positions. (a) Subject to the provisions for termination hereinafter stated, the term of this Employment Agreement shall begin on October 13, 1997 (the "Effective Date") and shall continue through October 1, 1998. In the event of a "change in control" (as thereinafter defined) the term of this Employment Agreement shall be extended through October 1, 1999.
Term and Positions. A. Subject to the provisions for renewal and termination hereinafter provided, (i) the Term shall begin on the Effective Date shall continue until December 31, 2016 and (ii) provided if the Executive is less than 65 years old as of the first day of each succeeding calendar year after December 31, 2016, the Term automatically shall be extended for successive additional calendar year periods, beginning with the calendar year commencing January 1, 2017 and continuing on each January 1 thereafter; provided, however, upon the occurrence of a Change in Control (as defined below), the Term shall automatically extend until December 31 of the fourth year after the occurrence of the Change in Control. This Employment Agreement and the Executive’s employment may be terminated at any time as provided in Section 4. This Employment Agreement and Executive’s employment may also be terminated by either the Executive or the Company at the end of the then current Term upon written notice of non-renewal of this Employment Agreement given to the other party at least 90 days before the end of the then current Term, with the provisions of Section 4 applying to such non-renewal. Upon any termination, the Executive shall be deemed to have ceased serving in all offices and directorships held by the Executive or the Company or its subsidiaries.
Term and Positions. (a) Subject to the provisions for the termination of this Employment Agreement as provided for herein, the term of this Employment Agreement shall commence on the date hereof and shall continue through December 31, 2005 (the "Base Term") and shall automatically be extended for an additional one year (each a "Renewal Year") at the end of each full calendar year for which this Employment Agreement remains in effect unless on or before November 30 of each calendar year, either party gives to the other party written notice of termination of this Employment Agreement, in which case this Employment Agreement shall terminate upon the completion of the then applicable employment period including any previous Renewal Years.
