Common use of Term of Employment Agreement Clause in Contracts

Term of Employment Agreement. The term of your employment hereunder shall begin as of the Effective Time (as defined in the Merger Agreement) and end as of the close of business on the date which is three years from the Effective Time, subject to earlier termination pursuant to the terms hereof (the "Term"). Following the Term, this Agreement shall automatically be renewed for successive one-year terms (each a "Renewal Term") unless notice of termination is given by either party upon not less than 30 days' written notice prior to the date on which such renewal would otherwise occur.

Term of Employment Agreement. The term of your employment hereunder shall begin as of the Effective Time (as defined in the Merger Agreement) and end as of the close of business on the date which is three years from the Effective Time, subject to earlier termination pursuant to the terms hereof (the "Term"). Following the Term, this Agreement shall automatically be renewed for successive one-one- year terms (each a "Renewal Term") unless notice of termination is given by either party upon not less than 30 days' written notice prior to the date on which such renewal would otherwise occur.

Term of Employment Agreement. The term of your employment hereunder shall begin as of the Effective Time (as defined in the Merger Agreement) and end as of the close of business on the date which is three [ ] years from the Effective Time, subject to earlier termination pursuant to the terms hereof (the "Term"). Following the Term, this Agreement shall automatically be renewed for successive one-year terms (each a "Renewal Term") unless notice of termination is given by either party upon not less than 30 days' written notice prior to the date on which such renewal would otherwise occur.

Term of Employment Agreement. The term of your employment hereunder shall begin as of the Effective Time (as defined in the Merger Agreement) August 17, 1998 and end as of the close of business on the date which is three years from the Effective TimeAugust 17, 2001, subject to earlier termination pursuant to the terms hereof (the "Term"). Following the initial Term, this Agreement shall automatically be renewed for successive one-year terms (each a "Renewal Term") unless notice of termination is given by either party upon not less than 30 days' written notice prior to the date on which such renewal would otherwise occur.