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 "fiscal year" means the period beginning on the day after the Saturday closest to January 1, in one year and ending on the Saturday closest to December 31 in the next year.
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Samples: Employment Agreement (Developers Diversified Realty Corp), Employment Agreement (Developers Diversified Realty Corp)
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 April 12, 1999 and shall continue for the current "fiscal year" (as hereinafter defined) and for the immediately succeeding fiscal year and (ii) as of December 31, 20012000, such term automatically shall be extended for the fiscal year commencing January 1, 2002 2001 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 "fiscal year" means the period beginning on the day after the Saturday closest to January 1, in one year and ending on the Saturday closest to December 31 in the next year.
Appears in 1 contract
Samples: Employment Agreement (Developers Diversified Realty Corp)
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 June 14, 1999 and shall continue for the current "fiscal year" (as hereinafter defined) and for the immediately succeeding fiscal year and (ii) as year. As of December 31, 20012000, such term automatically shall be extended for the fiscal year commencing January 1, 2002 2001 and for each fiscal year thereafter. This Employment Agreement may be terminated by the Company with "cause" (as hereinafter defineddefined in Paragraph 5(a)(ii)) at any time, or without cause upon not less than ninety days prior written notice. The term "fiscal year" means the period beginning on the day after the Saturday closest to January 1, in one year year, and ending on the Saturday closest to December 31 in the next year.
Appears in 1 contract
Samples: Employment Agreement (Developers Diversified Realty Corp)
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 May 17, 1999 and shall continue for the current "fiscal year" (as hereinafter defined) and for the immediately succeeding fiscal year and (ii) as year. As of December 31, 20012000, such term automatically shall be extended for the fiscal year commencing January 1, 2002 2001 and for each fiscal year thereafter. This Employment Agreement may be terminated by the Company with "cause" (as hereinafter defineddefined in Paragraph 5(a)(ii)) at any time, or without cause upon not less than ninety days prior written notice. The term "fiscal year" means the period beginning on the day after the Saturday closest to January 1, in one year year, and ending on the Saturday closest to December 31 in the next year.
Appears in 1 contract
Samples: Employment Agreement (Developers Diversified Realty Corp)