Common use of Termination Upon Expiration Clause in Contracts

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the four-year term described in Section 1.1.

Appears in 6 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

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Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the fourtwo-year term described in Section 1.1.

Appears in 5 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, and subject to any extension of the term of this Agreement pursuant to the last sentence of Section 1.5, this Agreement shall terminate automatically upon the expiration of the fourtwo-year term described in Section 1.1.

Appears in 2 contracts

Samples: Executive Employment Agreement (Prime Medical Services Inc /Tx/), Executive Employment Agreement (Prime Medical Services Inc /Tx/)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the four-year term described in Section 1.1.

Appears in 2 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the fourfive-year term described in Section 1.1.

Appears in 1 contract

Samples: Executive Employment Agreement (American Physicians Service Group Inc)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the four-two year term described in Section 1.1.

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

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Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, and subject to any extension of the term of this Agreement pursuant to the last sentence of Section 1.5, this Agreement shall terminate automatically upon the expiration of the fourone-year term described in Section 1.11.

Appears in 1 contract

Samples: Executive Employment Agreement (Prime Medical Services Inc /Tx/)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the four-year term described in Section 1.1. While this Agreement will terminate upon expiration of the term as provided in the preceding sentence, if Employer and Executive then mutually agree in writing (which neither is under any obligation whatsoever to do), Employer and Executive may elect to continue the employment relationship on an “at will” basis (and such relationship will not be governed by this Agreement) or extend the terms of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

Termination Upon Expiration. Unless earlier terminated by Employer or Executive in accordance with the terms of this Agreement, this Agreement shall terminate automatically upon the expiration of the fourthree-year term described in Section 1.1.

Appears in 1 contract

Samples: Executive Employment Agreement (American Physicians Service Group Inc)

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