Term of Agreement Termination of Employment Sample Clauses

Term of Agreement Termination of Employment. (a) Unless sooner terminated as provided in this Agreement, the term of this Agreement will begin on the Effective Date and will end on the third anniversary of the Effective Date (the “Initial Term”). Upon the first and each subsequent anniversary of the Effective Date, the term of this Agreement will be automatically extended so as to end three years after the date of such anniversary (each such three-year period, a “Renewal Term”) unless, prior to such anniversary, either the Company or the Executive gives the other written notice of non-renewal. The Initial Term and any Renewal Terms are collectively referred to as the “Term”.
Sample 1
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Term of Agreement Termination of Employment. (a) Unless sooner terminated as provided in this Agreement, the term of this Agreement will begin on the Effective Date and will end on the first anniversary of the Start Date defined in Section 2(a) below (the "INITIAL TERM"). At the end of the Initial Term or any Renewal Term, this Agreement shall be automatically renewed for additional, successive terms of one year (each a "RENEWAL TERM") unless either the Company or the Executive gives the other written notice of non-renewal at least 180 days before the end of the Initial Term or Renewal Term, as the case may be. Such notice of non-renewal given by the Company shall be treated as a termination without Cause hereunder effective as of the termination date specified by the Company in such notice (or, if no date is specified, the date notice is given), which date must be on or after the giving of such notice and on or before the last day of the Term. The Initial Term and any Renewal Terms are collectively referred to as the "TERM".
Sample 1
Term of Agreement Termination of Employment 
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Related to Term of Agreement Termination of Employment

  • Term of Employment; Termination (a) The “

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Employment Termination This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Expiration of Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company following the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 6, 7 and 8 of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

  • Term of Agreement; Termination The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Term and Termination of Employment (a) This Agreement shall be effective as of the Effective Date.

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

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