Term of Relationship Sample Clauses

Term of Relationship. (a) Subject to the terms and conditions of this Agreement, REIT Operator hereby engages Service Provider, and Service Provider hereby accepts the service relationship with REIT Operator, in the positions and with the duties and responsibilities as set forth in Section 2 hereof for the Term (as defined below). The REIT and the Operating Partnership agree to be jointly and severally liable for all obligations of the REIT Operator under this Agreement, including payment obligations. (b) The term of the relationship under this Agreement will commence on the date of the Closing (as defined in that certain Contribution and Sale Agreement between the REIT, the Operating Partnership, BRG Manager, LLC and the other parties thereto, dated as of August 3, 2017) (the “Effective Date”) and continue for an initial term through December 31, 2020 (the “Initial Term”), unless the Agreement is terminated sooner in accordance with Section 5 below. Commencing on the last day of the Initial Term and on each subsequent anniversary of such date, the term of this Agreement shall automatically be extended for successive one-year periods (each such extension, a “Renewal Term”); provided, however, that either the Company or Service Provider may elect not to extend the Term by giving written notice to the other party at least sixty (60) days prior to any such anniversary date (a “Non-Renewal”). The period commencing on the Effective Date and ending at the end of the Initial Term or any Renewal Term (or earlier termination of Service Provider’s service relationship hereunder) shall hereinafter be referred to as the “Term.” If the Closing (as defined in that certain Contribution and Sale Agreement between the REIT, the Operating Partnership, BRG Manager, LLC and the other parties thereto, dated as of August 3, 2017) does not occur, this Agreement will automatically terminate and be of no force or effect.
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Term of Relationship. Xxxxxx’s authority as Xxxxx’s exclusive agent shall begin / / (date) and continue until / / (date) or earlier upon the purchase of a property in the Marker Area by Xxxxx. PROFESSIONAL SERVICE FEE: $ or % of gross purchase price of property. BUYER SHALL ONLY USE ONE BROKER TO LOOK OUT FOR THEIR BEST INTEREST: During the Term of Relationship, Broker shall be Buyer’s exclusive agent and shall represent the interest of Buyer in any and all negotiations for the purchase or acquisition of real property in the Market Area, unless Buyer authorizes Broker to represent both Buyer and a prospective Seller of real property in the Market Area (Intermediary Status), in which event certain restrictions and limitations apply. AUTHORIZATION OF INTERMEDIARY STATUS (choose one): □ Xxxxx authorizes Broker to act as Intermediary. Buyer authorizes Broker to show to Buyer properties which Broker has listed for sale (Listed Property). If Xxxxx wishes to purchase the Listed Property, Xxxxx authorizes Broker to serve as an intermediary between Buyer and the Seller(s) of the Listed Property. Xxxxxx may, after providing written notice to Buyer, appoint licensees associated with Broker to communicate with and carry out Xxxxx’s instructions and appoint licensees associated with Broker to communicate with and carry out instructions of the Seller(s) of the Property. The State of Texas requires that a broker may not serve as an intermediary in a transaction unless both parties consent in writing. If Broker serves as an intermediary between Buyer and the Seller(s) of the Listed Property in the purchase or acquisition of real property within the Market Area, Broker (and any licensees associated with Broker:
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Term of Relationship. This position is (full-time/___% time). Equal to ____________ hours per week. Employment begins on __________________ and terminates on ___________________________ The term of the Covenant may be extended if mutually agreeable to both parties. The term of the Covenant is not to exceed twelve months (Book of Order, G-2.0504b).
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Term of Relationship. The Company hereby retains Consultant as Senior Legal Advisor to provide legal consulting services to the Company for a term commencing August 15, 2013, through and including April 14, 2014 (the “Term”). Upon the expiration of the Term, this Agreement and the obligations of the parties hereunder will terminate automatically unless the parties hereto agree, in a writing specifically referencing this Agreement, to extend the Term for a specific period of time. In the event Consultant secures full-time employment during the Term, either Consultant or the Company may elect to terminate this Agreement effective upon the commencement by Consultant of such full-time employment. Consultant shall have the responsibility of informing the Company promptly upon the commencement of any such employment.
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Term of Relationship. The Consultant will be retained to provide professional consulting services to the Company beginning the earlier of December 31, 2014 or the Early Termination Date (as defined in the Separation Agreement) and will continue to be retained to provide such services through June 30, 2015 (the "Term"). Upon the expiration of the Term, the consulting relationship hereunder will automatically terminate unless the parties hereto agree, in a writing specifically referencing this Agreement, to extend the Term for a specific period of time.
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Term of Relationship. The term of this Agreement (the “Term”) shall be three (3) years, which shall commence on the date this Agreement is executed by authorized representatives of both parties (the “Effective Date”). Upon expiration of the Term, this Agreement will CONTINUE ON A MONTH-TO-MONTH BASIS until terminated by either party, with or without cause, on thirty (30) days’ prior written notice, or the parties enter into a renewal agreement. It is expressly understood and agreed that neither party has any right or expectation of renewal of this Agreement beyond the Term or any month-to-month term of operation, and that either party may decide in its sole discretion not to renew this Agreement.
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Term of Relationship. The term for this agreement(s) shall begin when both the County agrees to purchase materials or services from the Vendor and the Vendor agrees to provide materials or services to the County. The agreement shall terminate when either the County has not pu rchased from the Vendor for a reasonable amount of time or the Vendor no longer agrees to provide materials or services to the County. With appropriate notice to the County, the Vendor may extend or cancel this agreement.
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Term of Relationship. The term of the Independent Distributor’s relationship with the Company will continue until and unless there has been a breach of terms and conditions and it shall continue until and unless the Independent distributor becomes inactive for continuous period of 6 months.
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Term of Relationship 
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Related to Term of Relationship

  • Termination of Relationship If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Commercial Relationship The Employee expressly acknowledges that the Employee’s participation in the Program and the Company’s grant of the Award does not constitute an employment relationship between the Employee and the Company. The Employee has been granted the Award as a consequence of the commercial relationship between the Company and the Company’s Subsidiary in Mexico that employs the Employee, and the Company’s Subsidiary in Mexico is the Employee’s sole employer. Based on the foregoing: (a) the Employee expressly acknowledges that the Program and the benefits derived from participation in the Program do not establish any rights between the Employee and the Subsidiary in Mexico that employs the Employee; (b) the Program and the benefits derived from participation in the Program are not part of the employment conditions and/or benefits provided by the Subsidiary in Mexico that employs the Employee; and (c) any modifications or amendments of the Program or benefits granted thereunder by the Company, or a termination of the Program by the Company, shall not constitute a change or impairment of the terms and conditions of the Employee’s employment with the Subsidiary in Mexico.

  • Termination of Service Relationship If the Optionee’s Service Relationship terminates, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

  • Nature of Relationship The parties agree the relationship created by this Agreement is that of independent contractor. In performing all of the Services, Provider shall be, and at all times is, acting and performing as an independent contractor with District, and not as a partner, coventurer, agent, or employee of District, and nothing contained herein shall be construed to be inconsistent with this relationship or status. Provider is not granted any right or authority to assume or to create any obligation or responsibility, express or implied, on behalf of or in the name of District or to bind the District in any manner. Except for any materials, procedures, or subject matter agreed upon between Provider and District, Provider shall have complete control over the manner and method of performing the Services. Provider understands and agrees to independent contractor status. Provider understands and agrees that the filing and acceptance of this Agreement creates a rebuttable presumption and that the Provider, officers, agents, employees, or subcontractors of Provider are not entitled to coverage under the California Workers’ Compensation Insurance laws, Unemployment Insurance, Health Insurance, Pension Plans, or any other benefits normally offered or conveyed to District employees. Provider will be responsible for payment of all Provider employee wages, payroll taxes, employee benefits, and any amounts due for federal and state income taxes and Social Security taxes. These taxes will not be withheld from payments under this agreement.

  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.

  • Termination of Employment Relationship Your employment is terminable -------------------------------------- at will. That means that your employment relationship with Cardinal may be terminated by either party at any time, for any reason or no reason at all, subject to the notice provision addressed below. (a) Cardinal may terminate your employment for Cause effective immediately upon written notice. In the event that Cardinal terminates your employment for Cause, you will be entitled to earned and unpaid base salary and payment for any earned and unused vacation days through the last date of your employment.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • Consulting Relationship During the term of this Agreement, Consultant will provide consulting services to the Company as described on Exhibit A hereto (the “Services”). Consultant represents that Consultant is duly licensed (as applicable) and has the qualifications, the experience and the ability to properly perform the Services. Consultant shall use Consultant’s best efforts to perform the Services such that the results are satisfactory to the Company.

  • At-Will Employment Relationship Executive’s employment with the Company is at-will and not for any specified period and may be terminated at any time, with or without Cause or advance notice, by either Executive or the Company. Any change to the at-will employment relationship must be by specific, written agreement signed by Executive and an authorized representative of the Company. Nothing in this Agreement is intended to or should be construed to contradict, modify or alter this at-will relationship.

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