Common use of Initial Term Clause in Contracts

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”), unless sooner terminated in accordance with Section 6 hereof.

Appears in 6 contracts

Samples: Employment Agreement (Terremark Worldwide Inc.), Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc)

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Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date set forth above (the “Commencement Date Date”) and shall expire on the third anniversary of date that is one (1) year after the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the “Initial Term”).

Appears in 5 contracts

Samples: Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Metropolitan Health Networks Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third fifth anniversary of the such Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof.

Appears in 5 contracts

Samples: Employment Agreement (Vfinance Inc), Employment Agreement (National Holdings Corp), Securities Purchase Agreement (FUND.COM Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third first anniversary of the such Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Vfinance Inc), Employment Agreement (National Holdings Corp), Employment Agreement (National Holdings Corp)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third fifth (5th) anniversary of the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereofhereof (the “Initial Term”).

Appears in 4 contracts

Samples: Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)December 1, 2012, unless sooner terminated in accordance with Section 6 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date hereof (the “Commencement Date Date”) and shall expire on the third four (4) year anniversary of the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the “Initial Term”).

Appears in 4 contracts

Samples: Employment Agreement (Datrek Miller International, Inc.), Employment Agreement (Datrek Miller International, Inc.), Employment Agreement (Forefront Holdings, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment term of the Executive hereunder, Executive’s employment pursuant to this Agreement (the “Initial Term”) shall commence begin on the Commencement Effective Date and shall expire terminate at the close of business on the third anniversary of the Commencement Date (the “Initial Term”)Effective Date, unless sooner terminated subject to earlier termination in accordance with Section 6 hereof7 and the other terms, provisions and conditions set forth in this Agreement.

Appears in 3 contracts

Samples: Voting Agreement (TGC Industries Inc), Employment Agreement (Dawson Geophysical Co), Voting Agreement (Dawson Geophysical Co)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date set forth above (the "Commencement Date Date") and shall expire on the third anniversary of date that is one (1) year after the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the "Initial Term").

Appears in 2 contracts

Samples: Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Metropolitan Health Networks Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)December 31, 2015, unless sooner terminated in accordance with Section Article 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Sunvesta, Inc.), Employment Agreement (Abakan, Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, Agreement shall commence on the Commencement Effective Date and shall expire on the third three (3) year anniversary of the Commencement Date (the “Initial Term”)Effective Date, unless sooner terminated in accordance with Section 6 hereofhereof (the “Initial Term”).

Appears in 2 contracts

Samples: Executive Employment Agreement (SeqLL, Inc.), Executive Employment Agreement (SeqLL, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date hereof (the “Commencement Date Date”) and shall expire on the third three (3) year anniversary of the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the “Initial Term”).

Appears in 2 contracts

Samples: Employment Agreement (Health Systems Solutions Inc), Employment Agreement (Health Systems Solutions Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date set forth above (the "Commencement Date Date") and shall expire on the third anniversary of date that is twelve months after the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the "Initial Term").

Appears in 2 contracts

Samples: Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc)

Initial Term. The initial Term of Employment (as defined below) under this Agreement, and the employment of the Executive hereunder, shall commence on the date hereof (the “Commencement Date Date”) and shall expire on the third anniversary of date that is three years from the Commencement Date date hereof unless sooner terminated in accordance with Article 5 hereof (the “Initial Term”), unless sooner terminated in accordance with Section 6 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Loop Media, Inc.), Employment Agreement (Loop Media, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)December 31, 2020, unless sooner terminated in accordance with Section 6 hereofhereof (the “Initial Term”).

Appears in 1 contract

Samples: Employment Agreement (FlexShopper, Inc.)

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Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third six month anniversary of the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereofhereof (the “Initial Term”).

Appears in 1 contract

Samples: Employment Agreement (Cocrystal Pharma, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date hereof (the “Commencement Date Date”) and shall expire on the third four (4) year anniversary of the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereofhereof (the “Initial Term”).

Appears in 1 contract

Samples: Employment Agreement (Forefront Holdings, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)July 31, 2014, unless sooner terminated in accordance with Section Article 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (SONNEN Corp)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third (3rd) anniversary of the Commencement Date (the “Initial Term”), unless sooner terminated in accordance with Section 6 hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (ARKO Corp.)

Initial Term. The initial Term term of Employment employment under this Agreement, and the employment of the Executive hereunder, shall commence on date of this Agreement first written above (the "Commencement Date Date") and shall expire on the third anniversary of date that is two (2) years from the Commencement Date (the “Initial Term”), "Expiration Date") unless sooner terminated in accordance with Section 6 5 hereof.

Appears in 1 contract

Samples: Employment Agreement (Summit Brokerage Services Inc / Fl)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)July 18, 2013, unless sooner terminated in accordance with Section 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (Insmed Inc)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date set forth above (the “Commencement Date Date”) and shall expire on the third anniversary of date that is five (5) year after the Commencement Date (the “Initial Term”)Date, unless sooner terminated in accordance with Section 6 hereof5 hereof (the “Initial Term”).

Appears in 1 contract

Samples: Employment Agreement (NV5 Holdings, Inc.)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)July 31st, 2010, unless sooner terminated in accordance with Section Article 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (SONNEN Corp)

Initial Term. The initial Term of Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the Commencement Date and shall expire on the third anniversary of the Commencement Date (the “Initial Term”)April 30, 2013, unless sooner terminated in accordance with Section Article 6 hereof.

Appears in 1 contract

Samples: Employment Agreement (Abakan, Inc)

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