Term of the Employment Agreement Sample Clauses

Term of the Employment Agreement. If the term of this Agreement is extended past December 31, 1997, the term of the Employment Agreement shall be extended to December 31, 1998.
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Term of the Employment Agreement. Section 2 of the Employment Agreement is hereby amended by deleting the penultimate sentence thereof, and replacing it with the following: "This Agreement shall continue on a year-to-year basis beyond the end of the fifth year (or a later year if the Agreement has renewed), unless the Company notifies the Executive in writing that the Company does not wish to renew the Agreement. With respect to the year ending March 19, 2007, any such notice of non-renewal must be given by not later than August 15, 2006 (the period between June 19, 2006 and August 15, 2006 being referred to as the "Extended Notice Period"), and with respect to any future years after March 19, 2007, any such notice of non-renewal must be given by not later than nine months prior to the end of the applicable year."
Sample 1
Term of the Employment Agreement. This employment agreement shall have a term of two years coming into force on 1 October 2018 and expiring on 30 September 2020.
Sample 1
Term of the Employment Agreement. In order to extend the Initial Term of the Employment Agreement, Section 1(a) of the Employment Agreement is hereby deleted in its entirety and replaced with the following new Section 1(a): (a) The Company hereby employs Executive, and Executive hereby accepts employment by the Company, as the Company’s Executive Chairman and Chief Executive Officer. The term of the Company’s employment shall be for a period ending on March 30, 2017, subject to termination as provided in Section 8 hereof (the “Employment Term”). At the conclusion of the period ended March 30, 2017 (the “Initial Term”), this Agreement and the Employment Term shall automatically renew for successive one (1) year terms (each, a “Renewal Term”) unless either party gives sixty (60) days’ advance written notice of such party’s intention not to renew this Agreement at the conclusion of the Initial Term or any Renewal Term. Notwithstanding anything herein to the contrary, the Company agrees that it shall not have the right to terminate Executive’s employment with the Company for No Reason (as defined in Section 7(d)) prior to the conclusion of the Initial Term, but the Company shall have the right, subject to the terms of this Agreement, to terminate the Executive’s employment with the Company for Cause (as defined in Section 7(b)) or upon the happening of a Disability Occurrence (as defined in Section 7(c)).”
Sample 1
Term of the Employment Agreement. Section 2(b) of the Employment Agreement is hereby deleted in its entirety and replaced with the following new Section 2(b):
Sample 1
Term of the Employment Agreement. Section 1. This Agreement shall come into force on 26 March 2018 and be valid until 25 March 2021, the probation is from 26 March 2018 to 26 May 2018.
Sample 1
Term of the Employment Agreement. This employment agreement shall have a term of two years coming into force on 1 April 2018 and expire 31 March 2020 The parties agree to form a working party comprised of equal numbers with the following terms of reference: The parties shall conduct a piece of work to cover remuneration which will include: • Recommendation as to a robust and flexible job sizing methodology and supporting tools; • Recommendation as to market positioning for remuneration of covered roles at MIT; • Recommendations as to how to manage any necessary changes from the existing framework; • Consideration of and recommendations as to a performance based pay scheme; • A timeline and budget for the above; and • Decisions to be made with mind to the recommendations from the working party shall remain at the discretion of the Chief Executive of MIT. The parties agree to prioritise this work including the scoping of a Reward for Performance Scheme to replace Merit Pay.
Sample 1
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Related to Term of the Employment Agreement

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Term of Agreement; Termination A. The term of this Agreement shall commence on the date hereof. B. This Agreement shall terminate at the Effective Time of the Merger or the earlier of (i) at any time prior to consummation of the Merger by the written consent of the parties hereto and (ii) termination of the Merger Agreement 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 willful breach of this Agreement prior to such termination.

  • Termination of Employment Agreement As of the Effective Date, the Employment Agreement hereby is terminated in its entirety and shall no longer have any force or effect.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

  • 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 and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Amendment to Employment Agreement 2 of the Employment Agreement is amended and restated in its entirety to read as follows:

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

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