Expiration of the Term of Employment Sample Clauses

Expiration of the Term of Employment. To the extent Employee’s employment has not terminated earlier as set forth in Section 8(a) hereof, Employee’s employment shall terminate upon the expiration of the Term of Employment. Upon termination of Employee’s employment due to the expiration of the Term of Employment, the Employee shall be entitled to:
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Expiration of the Term of Employment. Notwithstanding anything herein to the contrary, in no event shall any termination by reason of expiration of the Term of Employment pursuant to Section 2 hereof constitute a termination without Cause hereunder and, upon such expiration, Executive shall have the same entitlements as are provided in Section 7(c)(ii) above for a termination by the Company for Cause. Notwithstanding the foregoing, in no event shall a notice of nonrenewal of the Term of Employment by Executive pursuant to Section 2 hereof in and of itself constitute Cause.
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Expiration of the Term of Employment. Notwithstanding anything herein to the contrary, (i) in no event shall delivery of a Non-Renewal Notice by the Company in and of itself constitute a termination without Cause; and (ii) in no event shall delivery of a Non-Renewal Notice by Employee constitute an event pursuant to which the Company may terminate Employee's employment for Cause or constitute a termination by employee subject to Section 8(e). Upon such expiration of the Term of Employment, Employee shall be entitled to:
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Expiration of the Term of Employment. Upon the expiration of the Term of Employment pursuant to Section 2 hereof, the Company may at its sole discretion, by notice from the Board to Employee of the Company’s exercise of this right, extended the Term of Employment one (1) time for a period of (1) one year. Absent such notice from the Board or upon the expiration of Term of Employment as extended once, Employee’s employment shall then be on an at-will basis such that Employee or the Company may terminate Employee’s employment at any time and for any reason, with or without Cause and without any obligation on the part of the Company to pay sums to Employee post-termination. In the event the Term of Employment expires and Employee becomes employed on an at-will basis, Employee shall be entitled to receive salary and benefits as determined by the Company. During Employee’s employment on an at-will basis and following termination of that employment, Employee shall also continue to be bound by and obligated to comply with the provisions of Sections 3 and 8 through 22 and of this Agreement.
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Expiration of the Term of Employment. In the event that the Executive’s employment terminates because the Company has delivered notice not to renew this Agreement in accordance with Section 2 or because the Executive has delivered notice not to renew this Agreement under the circumstances set forth in the proviso at the end of Section 4, then he shall be entitled to:"
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Expiration of the Term of Employment. For the avoidance of doubt, if Employee’s employment shall terminate upon or following the one year anniversary of the date first set forth above, Employee shall be entitled only to the Accrued Obligations and any unpaid STI Award that had become payable on or before the date of employment termination (which amount shall be paid on the sixtieth (60th) day following the termination date), and any Common Share Awards which are not vested as of the date of termination shall be cancelled. Following such termination of Employee’s employment, except as set forth in this Section 8(g) or as may be provided for pursuant to the Stock Option and RockPile/Caliber Program, Employee shall have no further rights to any compensation or any other benefits under this Agreement. Notwithstanding the foregoing, if Employee’s termination of employment occurs within sixty (60) days following the expiration of the Term of Employment (other than as a result of a termination by the Company which would have been a termination for Cause had this Agreement remained in effect) and the Company has not offered Employee an employment agreement economically equivalent to the terms of this Agreement (other than the Bonus Prepayment), such termination of employment shall be treated as a termination without Cause under this Agreement and Employee shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d) above.
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Expiration of the Term of Employment. In the event that the Executive's employment hereunder terminates upon the third anniversary of the Effective Date, then he shall be entitled to:
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Expiration of the Term of Employment. If the Term of Employment expires and is not renewed in accordance with Section 1(a), then the Executive’s employment with the Company shall terminate and the Company shall provide the Executive the Accrued Benefits and the Pro-Rata Bonus, if any.
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Expiration of the Term of Employment. In the event the School determines not to extend this Agreement, the School shall notify in writing.
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Related to Expiration of the Term of Employment

  • During the Term of Employment (a) Executive shall be eligible to participate in any life, health and long-term disability insurance programs, pension and retirement programs, stock option and other incentive compensation programs, and other fringe benefit programs made available to senior executive employees of the Company from time to time, and Executive shall be entitled to receive such other fringe benefits as may be granted to him from time to time by the Company's Board of Directors.

  • Expiration of Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company following the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 6, 7 and 8 of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

  • Term of Employment; Termination Executive's Term of Employment shall be two years from the date of this Agreement, unless extended or earlier terminated as provided below.

  • Expiration of Employment Period If Executive’s employment shall be terminated due to the normal expiration of the Employment Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.

  • Term of Employment The Executive’s employment under this Agreement will commence on the date hereof and will continue for a period of one (1) year thereafter, subject to earlier termination as provided in Section 8 (the “Term”). This Agreement and the Term will be automatically renewed and extended for periods of one (1) year unless the Company or the Executive provides written notice no less than thirty (30) days prior to the expiration of the then-current Term of its or the Executive’s desire not to renew this Agreement.

  • Expiration of the Employment Period If Executive’s employment terminates by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

  • Employment and Term of Employment Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, as Vice President, Preclinical Research and Development for a term (the "Term of Employment") beginning on the date first set forth above (the "Effective Date") and ending on the Expiration Date (defined below). As used in this Agreement, "Expiration Date" means the first anniversary of the Effective Date, provided that on each anniversary of the Effective Date (each such anniversary being referred to as a "Renewal Date"), the Expiration Date shall be automatically extended one additional year unless, not less than 10 days prior to the relevant Renewal Date, (i) either party shall have given written notice to the other that no such automatic extension shall occur after the date of such notice or (ii) either party shall have given a Notice of Termination to the other pursuant to Section 5 hereof. Notwithstanding the foregoing, if either party gives a valid Notice of Termination pursuant to Section 5 hereof, the Term of Employment shall not extend beyond the termination date specified in such Notice of Termination.

  • Continued Employment Beyond the Expiration of the Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company beyond the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 10, 11 and 12 of this Agreement shall survive any termination of this Agreement or Executive’s Termination of Employment hereunder.

  • Acceptance and Term of Employment The Company agrees to employ Executive and Executive agrees to serve the Company on the terms and conditions set forth herein. The Term of Employment hereunder shall commence on the Effective Date and shall continue until terminated as provided in Section 8 hereof.

  • EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT Upon the expiration of the Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to the provisions of Section 2 hereof.

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