Common use of Term of Agreement and Employment Clause in Contracts

Term of Agreement and Employment. The term of the Executive's employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”), and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the Term.

Appears in 4 contracts

Samples: Executive Employment Agreement (Parlux Fragrances Inc), Executive Employment Agreement (Parlux Fragrances Inc), Executive Employment Agreement (Parlux Fragrances Inc)

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Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”)Agreement, and terminating three years thereafter. The Term term of employment under this Agreement will be automatically extended for two (2) consecutive by one (1) day every day such that it has a continuous “rolling” three-year periodsterm, unless either party provides six (6) months prior written notice otherwise terminated pursuant to Section 6 or 7 of its desire not to so extend the Termthis Agreement.

Appears in 4 contracts

Samples: Executive Employment Agreement (Geo Group Inc), Executive Employment Agreement (Geo Group Inc), Executive Employment Agreement (Geo Group Inc)

Term of Agreement and Employment. The term of the Executive's employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”)Agreement, and terminating three years thereafter. The Term term of employment under this Agreement will be automatically extended for two (2) consecutive by one (1) day every day such that it has a continuous "rolling" three-year periodsterm, unless either party provides six (6) months prior written notice otherwise terminated pursuant to Section 7 of its desire not to so extend the Termthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Geo Group Inc), Executive Employment Agreement (Geo Group Inc)

Term of Agreement and Employment. The term of the Executive's employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement March 13, 2017 (the “Term”), "Start Date") and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the thereafter "Employment Term."

Appears in 1 contract

Samples: Executive Employment Agreement (Magicjack Vocaltec LTD)

Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three two (32) years, beginning on the effective date Effective Date. The term of employment under this Agreement may be extended by mutual agreement of the Parties on an annual basis, subject to the termination provisions of Sections 6 or 7 of this Agreement (the “Term”), and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the TermAgreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Geo Group Inc)

Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”)Effective Date, and terminating three years thereafter. The Term term of employment under this Agreement will be automatically extended for two (2) consecutive by one (1) day every day such that it has a continuous “rolling” three-year periodsterm, unless either party provides six (6) months prior written notice otherwise terminated pursuant to Section 6 or 7 of its desire not to so extend the Termthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Geo Group Inc)

Term of Agreement and Employment. The term of the Executive's employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement March 9, 2017 (the “Term”), "Start Date") and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the thereafter "Employment Term."

Appears in 1 contract

Samples: Executive Employment Agreement (Magicjack Vocaltec LTD)

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Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”)Agreement, and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the Term.

Appears in 1 contract

Samples: Executive Employment Agreement (Magicjack Vocaltec LTD)

Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three two (32) years, beginning on the effective date of this Agreement (the “Term”)Effective Date, and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive by one (1) day every day such that it has a continuous “rolling” two-year periodsterm, unless either party provides six (6) months prior written notice otherwise terminated pursuant to Section 6 or 7 of its desire not to so extend the Termthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Geo Group Inc)

Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement March 9, 2017 (the “TermStart Date), ) and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive one (1) year periods, unless either party provides six (6) months prior written notice of its desire not to so extend the thereafter “Employment Term.

Appears in 1 contract

Samples: Executive Employment Agreement (Magicjack Vocaltec LTD)

Term of Agreement and Employment. The term of the Executive's ’s employment under this Agreement will be for an initial period of three (3) years, beginning on the effective date of this Agreement (the “Term”)Effective Date, and terminating three years thereafter. The Term will be automatically extended for two (2) consecutive by one (1) day every day such that it has a continuous “rolling” three-year periodsterm, unless either party provides six (6) months prior written notice otherwise terminated pursuant to Section 6 or 7 of its desire not to so extend the Termthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Geo Group Inc)

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