Common use of TERMS AND DUTIES Clause in Contracts

TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 and expiring on November 30, 2017 (the “Initial Term”). The Initial Term shall be automatically extended for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end of the Initial Term or an Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end of the then-current term. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder including activities and services related to the organization, operation and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

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TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2022 and expiring on November 30, 2017 2024 (the “Initial Term”). The Initial Term shall be automatically extended extend for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end expiration of the Initial Term or an any subsequent Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end expiration of the then-current term. (b) During the period of his employment hereunderemployment, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder as the Co-Chief Executive Officer including activities and services related to the organization, operation operation, and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2013 and expiring on November 30, 2017 2015 (the “Initial Term”). The Initial Term shall be automatically extended for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end of the Initial Term or an Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end of the then-current term. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder including activities and services related to the organization, operation and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2017 and expiring on November 30, 2017 2019 (the “Initial Term”). The Initial Term shall be automatically extended for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end of the Initial Term or an Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end of the then-current term. (b) During the period of his employment hereunder, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder including activities and services related to the organization, operation and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2020 and expiring on November 30, 2017 2022 (the “Initial Term”). The Initial Term shall be automatically extended extend for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end expiration of the Initial Term or an any subsequent Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end expiration of the then-current term. (b) During the period of his employment hereunderemployment, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder as the Co-Chief Executive Officer including activities and services related to the organization, operation operation, and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Cryo Cell International Inc), Employment Agreement (Cryo Cell International Inc)

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TERMS AND DUTIES. (a) The Company hereby herby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2011 and expiring on November 30, 2017 2013 (the "Initial Term"). The Initial Term shall be automatically extended for successive additional one-year periods ("Additional Employment Terms") unless, at least sixty (60) days prior to the end of the Initial Term or an Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end of the then-current term. (b) . During the period of his employment hereunder, except for periods of absence occasioned by illness or reasonable vacation periods, periods Executive shall faithfully perform his duties hereunder including activities and services related to the organization, operation and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 1 contract

Samples: Employment Agreement (Cryo Cell International Inc)

TERMS AND DUTIES. (a) The Company hereby herby employs the Executive for a period of twenty-four months, commencing on December 1, 2015 2011 and expiring on November 30, 2017 2013 (the "Initial Term"). The Initial Term shall be automatically extended for successive additional one-year periods ("Additional Employment Terms") unless, at least sixty (60) days prior to the end of the Initial Term or an Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end of the then-current term. (b) . During the period of his employment hereunder, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder including activities and services related to the organization, operation and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 1 contract

Samples: Employment Agreement (Cryo Cell International Inc)

TERMS AND DUTIES. (a) The Company hereby employs the Executive for a period of twenty-four months, commencing on December August 1, 2015 2021 and expiring on November 30July 31, 2017 2023 (the “Initial Term”). The Initial Term shall be automatically extended extend for successive additional one-year periods (“Additional Employment Terms”) unless, at least sixty (60) days prior to the end expiration of the Initial Term or an any subsequent Additional Employment Term, the Company or the Executive has notified the other in writing that the Agreement shall terminate at the end expiration of the then-current term. (b) During the period of his employment hereunderemployment, except for periods of absence occasioned by illness or reasonable vacation periods, Executive shall faithfully perform his duties hereunder as the Chief Information Officer including activities and services related to the organization, operation operation, and management of the Company. Executive shall devote substantially all of his business time to the Company.

Appears in 1 contract

Samples: Employment Agreement (Cryo Cell International Inc)

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