Change in Term Sample Clauses

Change in Term. Section 3.1 of the Employment Agreement is hereby amended and restated in its entirety as follows.
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Change in Term. Effective on the Merger Date, the term of the Employment Agreement set forth in Section A(1) of the Employment Agreement is amended to be a two-year, non-renewing term commencing on the Merger Date. Any renewal of the term of this Agreement must be in writing and executed by all parties to this Employment Agreement then in existence. At the end of that two-year Term, Xxxxxx will become an employee at will and the term of the Employment Agreement shall end. Without limiting the foregoing, Xxxxxx will not be entitled to a payment if the Employment Agreement, as amended by this Amendment, is not renewed.
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Change in Term. The first Paragraph of Article 7 of the Agreement shall hereafter be and read as follows: This Service Agreement shall become effective upon its execution, and shall under all circumstances, continue in effect in accordance with the Tariff until the expiration date of December 21, 2008. If the primary term of this Service Agreement shall be one year or more, then this Service Agreement shall continue in effect thereafter until extended or terminated accordance with Section 5 of Rate Schedule T-1. Shipper shall give Company not less than six (6) months prior written notice of Shipper's intent to terminate this Service Agreement. Service rendered pursuant to this Service Agreement shall be abandoned upon termination of this Service Agreement. Contract #: T1118 Amendment #2 NORTHERN BORDER PIPELINE COMPANY AMENDED EXHIBIT A TO U.S. SHIPPERS SERVICE AGREEMENT
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Change in Term. The "Expiration Date" under the 1999 Employment Agreement is extended until the second anniversary of the Effective Date, subject to earlier termination pursuant to Section 4 of the 1999 Employment Agreement. The Expiration Date shall be automatically postponed, and the Term shall be automatically extended, as provided and subject to the conditions in Section 2.1 of the 1999 Employment Agreement. Section 4.4(b) of the 1999 Employment Agreement is changed to read in its entirety as follows:
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Change in Term. Section 6.1 of the Agreement is amended, to read in its entirety as follows:
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Change in Term. The "Expiration Date" under the Employment Agreement is extended until February 12, 2004, subject to earlier termination pursuant to Section 4 of the Employment Agreement.
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Related to Change in Term

  • Certain Terminations The termination of any Proceeding or of any claim, issue, or matter therein by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal action or Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Change in Control Period “Change in Control Period” means the period of time beginning three (3) months prior to and ending twelve (12) months following a Change in Control.

  • Certain Termination Benefits Unless otherwise specifically provided in this Agreement or otherwise required by law, all compensation and benefits payable to Executive under this Agreement shall terminate on the date of termination of Executive’s employment under this Agreement. Notwithstanding the foregoing, in the event of termination of Executive’s employment with the Company pursuant to Section 5(c) or Section 5(d) above, the Company shall provide to Executive the following termination benefits (“Termination Benefits”):

  • Change of Control Period “Change of Control Period” means the period beginning on the date three (3) months prior to, and ending on the date that is twelve (12) months following, a Change of Control.

  • Change of Control/Change in Management (i) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent;

  • After a Change in Control (i) From and after the date of a Change in Control (as defined in section 3(a) hereof) during the term of this Agreement, the Company shall not terminate the Employee from employment with the Company except as provided in this section 2(b), or as a result of the Employee's Disability (as defined in section 3(d) hereof) or his death.

  • Upon a Change in Control If a Change in Control shall have occurred at any time during the period in which this Agreement is effective, this Agreement shall continue in effect for (i) the remainder of the month in which the Change in Control occurred and (ii) a term of 12 months beyond the month in which such Change in Control occurred (such entire period hereinafter referred to as the "Protected Period"). Note that in certain circumstances defined and set forth below, provisions of this Agreement shall survive for longer than the period described above.

  • Change in Tax Law Any reference to a provision of the Code, Treasury Regulations or any other Applicable Tax Law shall include a reference to any applicable successor provision of the Code, Treasury Regulations or other Applicable Tax Law.

  • Termination Apart from a Change of Control If the Employee's employment with the Company terminates other than as a result of an Involuntary Termination within the twelve (12) months following a Change of Control, then the Employee shall not be entitled to receive severance or other benefits hereunder, but may be eligible for those benefits (if any) as may then be established under the Company's then existing severance and benefits plans and policies at the time of such termination.

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