Common use of Term and Title Clause in Contracts

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating Officer, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) days prior to the end of the term then in effect (“Employment Term”).

Appears in 2 contracts

Samples: Executive Employment Agreement (Location Based Technologies, Inc.), Executive Employment Agreement (Location Based Technologies, Inc.)

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Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating OfficerExecutive Officer and Co-President, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth Fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) 60 days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Springbank Resources, Inc.)

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating OfficerPresident, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth Fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) 60 days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Springbank Resources, Inc.)

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating OfficerTechnology Officer and Co-President, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Location Based Technologies, Inc.)

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating OfficerExecutive Officer and Co-President, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Location Based Technologies, Inc.)

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Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Co-President and Chief Operating Technical Officer, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Location Based Technologies, Inc.)

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Co-President and Chief Operating Executive Officer, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Location Based Technologies, Inc.)

Term and Title. Subject to the terms and conditions of this Agreement, Company hereby agrees to employ Executive as Chief Operating Operations Officer, or in such other responsible or additional executive capacity as set forth herein, commencing on the Effective Date and continuing in full force and effect until the fifth Fifth (5) anniversary of the Effective Date; provided however, that the term of this Agreement shall automatically be extended for additional one-year periods unless either party provides written notice to the contrary at least sixty (60) 60 days prior to the end of the term then in effect (“Employment Term”).

Appears in 1 contract

Samples: Executive Employment Agreement (Springbank Resources, Inc.)

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