Common use of Term; Termination; Rights on Termination; Severance Payment Clause in Contracts

Term; Termination; Rights on Termination; Severance Payment. (a) The term of this Agreement shall begin on the Effective Date and continue for two (2) years. The term shall be automatically extended each year for another twelve months, unless either party gives notice three (3) months in advance of its termination date of her or its intent to terminate the Agreement, or unless terminated sooner as specifically provided herein.

Term; Termination; Rights on Termination; Severance Payment. (a) The term of this Agreement shall begin on the Effective Date and continue for two (2) years. The term shall be automatically extended each year for another twelve months, unless either party gives notice three (3) months in advance of its termination date of her his or its intent to terminate the Agreement, or unless terminated sooner as specifically provided herein.

Term; Termination; Rights on Termination; Severance Payment. (a) The term of this Agreement shall begin on the Effective Date and continue for two until thirty (230) yearsdays following the Closing, as defined below, or the second anniversary of the Effective Date, whichever is the first to occur. The term shall may be automatically extended each year for another twelve months, unless either party gives notice three (3) months in advance by agreement of its termination date of her or its intent to terminate the Agreement, or unless terminated sooner as specifically provided hereinparties.