Common use of Term of Employment Clause in Contracts

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 7 contracts

Samples: Employment Agreement (Bitfrontier Capital Holdings, Inc.), Employment Agreement (Bitfrontier Capital Holdings, Inc.), Employment Agreement (Bitfrontier Capital Holdings, Inc.)

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Term of Employment. The term of the Executive’s 's employment hereunder, unless sooner terminated as provided herein (the "Initial Term"), shall be for a period of two (2) years commencing on the Effective date hereof (the "Commencement Date"). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a "Renewal Term") unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term ("Non-Renewal Notice"), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the "Term."

Appears in 5 contracts

Samples: Employment Agreement (CepTor CORP), Employment Agreement (CepTor CORP), Employment Agreement (CepTor CORP)

Term of Employment. The term of the ExecutiveEmployee’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty thirty (6030) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 4 contracts

Samples: Employment Agreement (Drone Aviation Holding Corp.), Employment Agreement (Drone Aviation Holding Corp.), Employment Agreement (Drone Aviation Holding Corp.)

Term of Employment. The term of the Executive’s 's employment hereunder, unless sooner terminated as provided herein (the “Initial Term”"INITIAL TERM"), shall be for a period of two (2) years commencing on the Effective Datedate hereof (the "COMMENCEMENT DATE"). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”"RENEWAL TERM") unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non"NON-Renewal Notice”RENEWAL NOTICE"), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term"TERM."

Appears in 4 contracts

Samples: Employment Agreement (Darwin Resources Corp.), Employment Agreement (Darwin Resources Corp.), Employment Agreement (Darwin Resources Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two one (21) years year commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 4 contracts

Samples: Employment Agreement (Spherix Inc), Employment Agreement (Orbital Tracking Corp.), Employment Agreement (Bitcoin Shop Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 4 contracts

Samples: Employment Agreement (Health Benefits Direct Corp), Employment Agreement (Heavy Metal, Inc.), Employment Agreement (Effective Profitable Software, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two ten (210) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 3 contracts

Samples: Employment Agreement (So Act Network, Inc.), Employment Agreement (So Act Network, Inc.), Employment Agreement (So Act Network, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three (23) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 3 contracts

Samples: Employment Agreement (Excel Corp), Employment Agreement (Excel Corp), Employment Agreement (Customer Acquisition Network Holdings, Inc.)

Term of Employment. The term of the Executive’s 's employment hereunder, unless sooner terminated as provided herein (the "Initial Term"), shall be for a period of two (2) years commencing on the Effective Commencement Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a "Renewal Term") unless either party gives prior written notice of non-renewal to the other party ("Non-Renewal Notice") no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the "Term."

Appears in 3 contracts

Samples: Employment Agreement (EnergyTEK Corp.), Employment Agreement (EnergyTEK Corp.), Employment Agreement (EnergyTEK Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two four (24) years commencing on July 5, 2011 (the Effective “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Aspen Group, Inc.), Employment Agreement (Aspen Group, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty ninety (6090) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (BTCS Inc.), Employment Agreement (BTCS Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two five (25) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Aspen Group, Inc.), Employment Agreement (Aspen Group, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) three years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional one-year terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Globe Specialty Metals Inc), Employment Agreement (Globe Specialty Metals Inc)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two four (24) years commencing on May 8, 2013 (the Effective “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Codesmart Holdings, Inc.), Employment Agreement (First Independence Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two one (21) years year commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty thirty (6030) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Drone Aviation Holding Corp.), Employment Agreement (Drone Aviation Holding Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two one (21) years commencing on year from the Effective Datedate hereof. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty three (603) days months prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 2 contracts

Samples: Executive Employment Agreement (WPCS International Inc), Executive Employment Agreement (WPCS International Inc)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial TermINITIAL TERM”), shall be for a period of two (2) three years commencing on the Effective Datedate hereof (the “COMMENCEMENT DATE”). The term of this Agreement shall automatically be extended for successive additional terms periods of one (1) year each (each each, a “Renewal TermRENEWAL TERM”) unless either party Party gives prior written notice of non-renewal to the other party Party no later than sixty (60) 60 calendar days prior to the expiration of the Initial Term (a NonNON-Renewal NoticeRENEWAL NOTICE”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “TermTERM.”

Appears in 2 contracts

Samples: Employment Agreement (Health Benefits Direct Corp), Employment Agreement (Health Benefits Direct Corp)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two forty (240) years months, commencing on September 19, 2014 (the Effective “Commencement Date”) and ending on January 19, 2018. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) ), unless either party Party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party Party no later than sixty (60) days prior to the expiration of the Initial then current Term (“Non-Renewal Notice”as defined herein), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.

Appears in 1 contract

Samples: Employment Agreement (Sports Field Holdings, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three (23) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party Term”)unless theExecutive or the Corporation gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Enter Corp)

Term of Employment. The term of the Executive’s 's employment hereunder, unless sooner terminated as provided herein (the "Initial Term"), shall be for a period of two (2) years commencing on from the Effective Datedate hereof. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a "Renewal Term") unless either party gives prior written notice of non-renewal to the other party no later than sixty three (603) days months prior to the expiration of the Initial Term ("Non-Renewal Notice"), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the "Term."

Appears in 1 contract

Samples: Executive  employment  agreement (Orbital Tracking Corp.)

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Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three (23) years commencing on May 25, 2011 (the Effective “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Wizard World, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Towerstream Corp)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three (23) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party the Executive or the Corporation gives prior written notice of nona “Non-renewal to the other party Renewal Notice” no later fewer than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Enter Corp)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three (23) years years, commencing on March 19, 2012 (the Effective “Commencement Date”) and ending on March 18, 2015. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) ), unless either party Party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party Party no later than sixty (60) days prior to the expiration of the Initial then current Term (“Non-Renewal Notice”as defined herein), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Wizard World, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on from the Effective Datedate hereof. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty three (603) days months prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Executive Employment Agreement (Orbital Tracking Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two four (24) years commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Aspen Group, Inc.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two four (24) years commencing on May 5, 2013 (the Effective “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (First Independence Corp.)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two one (21) years year commencing on the Effective date hereof (the “Commencement Date”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) unless either party the Executive or the Corporation gives prior written notice of non-renewal to the other party ( a “Non-Renewal Notice”) no later fewer than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Enter Corp)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two (2) years commencing on the Effective Date. The term of this Agreement shall automatically be extended for additional terms of one two (12) year years each (each a “Renewal Term”) ), unless either party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party no later than sixty (60) days prior to the expiration of the Initial Term (“Non-Renewal Notice”), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Atlas Therapeutics Corp)

Term of Employment. The term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”), shall be for a period of two three years, having commenced on December 1, 2016 (2the “Commencement Date”) years commencing and ending on the Effective DateNovember 30, 2019. The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) ), unless either party Party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party Party no later than sixty (60) days prior to the expiration of the Initial then current Term (“Non-Renewal Notice”as defined herein), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Microphase Corp)

Term of Employment. The Commencing on the Effective Date, the term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”)herein, shall be is for a period of two (2) years commencing on from the Effective Date, ending on May 3, 2018 (the “Initial Term”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) ), unless either party Party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party Party no later than sixty (60) days prior to the expiration of the Initial then current Term (“Non-Renewal Notice”as defined herein), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Wizard World, Inc.)

Term of Employment. The Commencing on the Effective Date, the term of the Executive’s employment hereunder, unless sooner terminated as provided herein (the “Initial Term”)herein, shall be is for a period of two (2) years commencing on from the Effective Date, ending on July 14, 2018 (the “Initial Term”). The term of this Agreement shall automatically be extended for additional terms of one (1) year each (each a “Renewal Term”) ), unless either party Party gives prior written notice of non-renewal (“Non-Renewal Notice”) to the other party Party no later than sixty (60) days prior to the expiration of the Initial then current Term (“Non-Renewal Notice”as defined herein), or the then current Renewal Term, as the case may be. For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the “Term.”

Appears in 1 contract

Samples: Employment Agreement (Wizard World, Inc.)

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