Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional three-year periods, unless and until either party notifies the other, in writing, one year prior to the expiration of the then-current term of this Agreement. After the expiration of this agreement, the Company shall pay to you the Monthly Supplemental Retirement Benefit as set forth in Paragraph 2D hereof, with the first monthly payment beginning on the first day of the month immediately succeeding the month in which you shall have attained the age of 55. The Company shall have no further obligation to you under this Agreement and you shall have no further obligation to the Company under this Agreement except as provided in Paragraph 12 and Paragraph 13 hereof. G.
Appears in 3 contracts
Samples: Employment Agreement (Baldwin Technology Co Inc), Employment Agreement (Baldwin Technology Co Inc), Employment Agreement (Baldwin Technology Co Inc)
Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional three-year periods, unless and until either party notifies the other, in writing, one year prior to the expiration of the then-current term of this Agreement. After the expiration of this agreementAgreement, the Company shall pay to you the Monthly Supplemental Retirement Benefit as set forth in Paragraph 2D hereof, with the first monthly payment beginning on the first day of the month immediately succeeding the month in which you shall have attained the age of 55. The Company shall have no further obligation to you under this Agreement and you shall have no further obligation to the Company under this Agreement except as provided in Paragraph 12 11 and Paragraph 13 12 hereof. G..
Appears in 3 contracts
Samples: Employment Agreement (Baldwin Technology Co Inc), Employment Agreement (Baldwin Technology Co Inc), Employment Agreement (Baldwin Technology Co Inc)
Termination Upon Expiration of Agreement. If not previously terminated, this Agreement and your employment with the Company shall be automatically extended for additional three-year periods, unless and until either party notifies the other, in writing, one year prior to the expiration of the then-current term of this Agreement. After the expiration of this agreement, the Company shall pay to you the Monthly Supplemental Retirement Benefit as set forth in Paragraph 2D hereof, with the first monthly payment beginning on the first day of the month immediately succeeding the month in which you shall have attained the age of 55. The Company shall have no further obligation to you under this Agreement and you shall have no further obligation to the Company under this Agreement except as provided in Paragraph 12 and Paragraph 13 hereof. G..
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