Common use of Term Extension Clause in Contracts

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March 1, 1998, and shall continue through February 28, 2001. On the third and each successive anniversary of the effective date of this Employment Agreement, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5.

Appears in 4 contracts

Samples: Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc)

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Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March 1, 19981996, and shall continue through February 28, 2001. On the third sixth and each successive anniversary of the effective date of this Employment AgreementAgreement as set forth in the first paragraph hereof, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives the other party ninety (90) days prior written notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. Agreement. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5Section 5 of this Employment Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Specialty Care Network Inc), Employment Agreement (Specialty Care Network Inc)

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March 115, 19981996, and shall continue through February 28March 14, 2001. On the third fifth and each successive anniversary of the effective date of this Employment AgreementAgreement as set forth in the first paragraph hereof, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives the other party ninety (90) days prior written notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. Agreement. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5Section 5 of this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Specialty Care Network Inc)

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March April 1, 19981996, and shall continue through February 28March 31, 2001. On the third fifth and each successive anniversary of the effective date of this Employment AgreementAgreement as set forth in the first paragraph hereof, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives the other party ninety (90) days prior written notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. Agreement. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5Section 5 of this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Specialty Care Network Inc)

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March 1, 1998, and shall continue through February 28, 2001. On the third and each successive anniversary of the effective date of this Employment Agreement, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. . Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5.

Appears in 1 contract

Samples: Employment Agreement (Master Graphics Inc)

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Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March July 1, 1998, and shall continue through February 28June 30, 2001. On the third and each successive anniversary of the effective date of this Employment Agreement, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. . Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5.

Appears in 1 contract

Samples: Employment Agreement (Master Graphics Inc)

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March 1, 19981996, and shall continue through February 28, 2001. On the third fifth and each successive anniversary of the effective date of this Employment AgreementAgreement as set forth in the first paragraph hereof, the Term of this Employment Agreement shall be extended for an additional one (1) year period, unless either party gives the other party ninety (90) days prior written notice of such party's intent not to extend the Term of this Employment Agreement not later than the anniversary date immediately preceding the anniversary date on which such extension will occur.. Agreement. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles 4 and 5Section 5 of this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Specialty Care Network Inc)

Term Extension. The term of this Employment Agreement (the "Term of --------------- this Employment Agreement") will commence as of March January 1, 19981999, and shall continue through February 28December 31, 2001. On or after January 1, 2001, but no later than September 30, 2001, the third Company and each successive anniversary of the effective date Executive shall deliberate the possible extension of this Employment Agreement, . If at the Term end of the term of this Employment Agreement shall be extended for an additional one (1) year perioda new employment contract is not executed, unless either party gives notice of such party's intent not to extend the Term term of this Employment Agreement not later than will continue on a year-to-year basis in the anniversary date immediately preceding the anniversary date on which such extension will occur.. absence of notice of either party. Termination of the Executive's employment pursuant to this Employment Agreement shall be governed by Articles Sections 4 and 5.

Appears in 1 contract

Samples: Employment Agreement (Coventry Health Care Inc)

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