{"component": "clause", "props": {"groups": [{"size": 5, "samples": [{"hash": "cpfoZScX4c1", "uri": "/contracts/cpfoZScX4c1#2term", "label": "Employment Agreement (ReShape Lifesciences Inc.)", "score": 34.2553045859, "published": true}, {"hash": "80mbOD4becg", "uri": "/contracts/80mbOD4becg#2term", "label": "Employment Agreement (ReShape Lifesciences Inc.)", "score": 33.2477754962, "published": true}, {"hash": "88hAsgNO0It", "uri": "/contracts/88hAsgNO0It#2term", "label": "Employment Agreement (ReShape Lifesciences Inc.)", "score": 32.2895277207, "published": true}], "snippet": "The term of this Agreement shall commence on the Agreement Date and, unless earlier terminated in accordance with Article III of this Agreement, shall terminate one year from the Agreement Date (the \"Term\"); provided, however, that the Term of this Agreement shall automatically renew for successive one-year terms thereafter unless, at least 90 days before the expiration of the initial Te1m or any additional Term, either party provides written notice to the other of its or his desire to terminate this Agreement.", "snippet_links": [{"key": "the-term-of-this-agreement", "type": "clause", "offset": [0, 26]}, {"key": "on-the-agreement-date", "type": "clause", "offset": [42, 63]}, {"key": "in-accordance-with", "type": "definition", "offset": [95, 113]}, {"key": "article-iii", "type": "clause", "offset": [114, 125]}, {"key": "one-year", "type": "clause", "offset": [161, 169]}, {"key": "expiration-of-the", "type": "clause", "offset": [362, 379]}, {"key": "additional-term", "type": "clause", "offset": [400, 415]}, {"key": "either-party", "type": "definition", "offset": [417, 429]}, {"key": "notice-to-the", "type": "clause", "offset": [447, 460]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [491, 515]}], "hash": "cbb220f2d7501c14fe1ba139096fc7e7", "id": 1}, {"size": 5, "samples": [{"hash": "aj5t6lOF62O", "uri": "/contracts/aj5t6lOF62O#2term", "label": "Director Agreement (American Battery Metals Corp)", "score": 30.5181382615, "published": true}, {"hash": "9UFpoYIlZsY", "uri": "/contracts/9UFpoYIlZsY#2term", "label": "Director Agreement (American Battery Metals Corp)", "score": 29.8446269678, "published": true}, {"hash": "jdMamvSQSEk", "uri": "/contracts/jdMamvSQSEk#2term", "label": "Director Agreement (American Battery Metals Corp)", "score": 29.7214236824, "published": true}], "snippet": "This Agreement shall begin on the Effective Date and continue for a three-year term or until terminated by either Party pursuant to Article 3 (the \u201cTerm\u201d).\n1. 3Duties. Board Member agrees to undertake and perform all duties and services set forth on Exhibit A to this Agreement (the \"Services\"). Board Member shall perform the Services herein faithfully, diligently, to the best of Board Member's ability, and in the best interests of the Company.", "snippet_links": [{"key": "shall-begin", "type": "definition", "offset": [15, 26]}, {"key": "on-the-effective-date", "type": "clause", "offset": [27, 48]}, {"key": "by-either-party", "type": "clause", "offset": [104, 119]}, {"key": "article-3", "type": "definition", "offset": [132, 141]}, {"key": "board-member", "type": "clause", "offset": [168, 180]}, {"key": "agrees-to", "type": "clause", "offset": [181, 190]}, {"key": "duties-and-services", "type": "clause", "offset": [217, 236]}, {"key": "to-this-agreement", "type": "clause", "offset": [260, 277]}, {"key": "the-services", "type": "definition", "offset": [323, 335]}, {"key": "interests-of-the-company", "type": "clause", "offset": [422, 446]}], "hash": "a92715e58106667a6ddb7acc3080585c", "id": 2}, {"size": 5, "samples": [{"hash": "ispgKeTx1O5", "uri": "/contracts/ispgKeTx1O5#2term", "label": "Employment Agreement (American Battery Metals Corp)", "score": 30.5181382615, "published": true}, {"hash": "hZ6GPfKgmqp", "uri": "/contracts/hZ6GPfKgmqp#2term", "label": "Employment Agreement (American Battery Metals Corp)", "score": 30.5181382615, "published": true}, {"hash": "2PtF59dQIVm", "uri": "/contracts/2PtF59dQIVm#2term", "label": "Executive Employment Agreement (American Battery Metals Corp)", "score": 30.5181382615, "published": true}], "snippet": "This Agreement shall begin on the Effective Date continue for a three-year period or until terminated by either Party pursuant to Article 3 (the \"Term\").", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "shall-begin", "type": "definition", "offset": [15, 26]}, {"key": "on-the-effective-date", "type": "clause", "offset": [27, 48]}, {"key": "year-period", "type": "definition", "offset": [70, 81]}, {"key": "by-either-party", "type": "clause", "offset": [102, 117]}, {"key": "article-3", "type": "definition", "offset": [130, 139]}], "hash": "9f8284047035384df07ae1bcac1a6815", "id": 3}, {"size": 5, "samples": [{"hash": "jutrJVngNQC", "uri": "/contracts/jutrJVngNQC#2term", "label": "Employment Agreement (Container Store Group, Inc.)", "score": 31.803559206, "published": true}, {"hash": "hpuVJXi06KZ", "uri": "/contracts/hpuVJXi06KZ#2term", "label": "Employment Agreement (Container Store Group, Inc.)", "score": 31.803559206, "published": true}], "snippet": "The term of employment under this Agreement (the \u201cTerm\u201d) shall be for the period beginning on the Effective Date and ending on October 20, 2023, unless earlier terminated as provided in Section 4.1.", "snippet_links": [{"key": "term-of-employment", "type": "definition", "offset": [4, 22]}, {"key": "this-agreement", "type": "clause", "offset": [29, 43]}, {"key": "beginning-on-the-effective-date", "type": "clause", "offset": [81, 112]}, {"key": "section-41", "type": "clause", "offset": [186, 197]}], "hash": "180ea7be41dff1fed1b800b182a7284a", "id": 4}, {"size": 3, "samples": [{"hash": "79lXAn6h4bq", "uri": "/contracts/79lXAn6h4bq#2term", "label": "Employment Agreement (SouthState Corp)", "score": 33.1615331964, "published": true}, {"hash": "2EZ1yuCtTo6", "uri": "/contracts/2EZ1yuCtTo6#2term", "label": "Employment Agreement (SouthState Corp)", "score": 33.1615331964, "published": true}], "snippet": "The initial term of employment shall be a period of three (3) years, commencing upon the Effective Time and expiring on the close of business at the end of three (3) years from the Effective Time, subject to earlier termination or extension as provided herein (the \u201cTerm\u201d). On the first anniversary of the Effective Time and on each anniversary thereafter, the Term shall be extended automatically for one additional year unless the Bank\u2019s Board of Directors or its designee (the \u201cBoard\u201d) or the Executive determines that the Term shall not be extended. If the Board or the Executive determine not to extend the Term, such party shall notify the other party in writing at least 90 days prior to the applicable anniversary of the Effective Time. If the Board or the Executive decides not to extend the Term, this Agreement shall nevertheless remain in force until the Term expires. The Board\u2019s decision not to extend the Term shall not by itself give the Executive any rights under this Agreement to claim an adverse change in position, compensation, or circumstances or otherwise to claim any entitlement to severance benefits under Article 4 of this Agreement. \u200b", "snippet_links": [{"key": "initial-term-of-employment", "type": "definition", "offset": [4, 30]}, {"key": "period-of", "type": "definition", "offset": [42, 51]}, {"key": "the-effective-time", "type": "clause", "offset": [85, 103]}, {"key": "expiring-on", "type": "clause", "offset": [108, 119]}, {"key": "close-of-business", "type": "clause", "offset": [124, 141]}, {"key": "at-the-end-of", "type": "clause", "offset": [142, 155]}, {"key": "subject-to", "type": "definition", "offset": [197, 207]}, {"key": "termination-or-extension", "type": "clause", "offset": [216, 240]}, {"key": "first-anniversary", "type": "definition", "offset": [281, 298]}, {"key": "the-term", "type": "clause", "offset": [357, 365]}, {"key": "the-bank", "type": "clause", "offset": [429, 437]}, {"key": "board-of-directors", "type": "definition", "offset": [440, 458]}, {"key": "the-executive", "type": "clause", "offset": [492, 505]}, {"key": "the-board", "type": "clause", "offset": [557, 566]}, {"key": "to-extend", "type": "clause", "offset": [598, 607]}, {"key": "such-party", "type": "clause", "offset": [618, 628]}, {"key": "notify-the", "type": "clause", "offset": [635, 645]}, {"key": "other-party", "type": "definition", "offset": [646, 657]}, {"key": "in-writing", "type": "clause", "offset": [658, 668]}, {"key": "applicable-anniversary", "type": "definition", "offset": [699, 721]}, {"key": "remain-in-force", "type": "clause", "offset": [841, 856]}, {"key": "agreement-to", "type": "definition", "offset": [986, 998]}, {"key": "change-in-position", "type": "clause", "offset": [1016, 1034]}, {"key": "entitlement-to-severance-benefits", "type": "clause", "offset": [1093, 1126]}, {"key": "article-4", "type": "definition", "offset": [1133, 1142]}], "hash": "cdcd08a052cc0e822113ae3be011d7be", "id": 5}, {"size": 3, "samples": [{"hash": "4hto5CmGQw1", "uri": "/contracts/4hto5CmGQw1#2term", "label": "Employment Agreement (Container Store Group, Inc.)", "score": 34.582477755, "published": true}, {"hash": "6Pxmf1mZceA", "uri": "/contracts/6Pxmf1mZceA#2term", "label": "Employment Agreement (Container Store Group, Inc.)", "score": 34.3963039014, "published": true}], "snippet": "The term of employment under this Agreement (the \u201cTerm\u201d) shall commence on the Effective Date and end on the third (3rd) anniversary of the Effective Date, subject to earlier termination as provided in Section 4.1.", "snippet_links": [{"key": "term-of-employment", "type": "definition", "offset": [4, 22]}, {"key": "this-agreement", "type": "clause", "offset": [29, 43]}, {"key": "on-the-effective-date", "type": "clause", "offset": [72, 93]}, {"key": "subject-to", "type": "definition", "offset": [156, 166]}, {"key": "earlier-termination", "type": "clause", "offset": [167, 186]}, {"key": "section-41", "type": "clause", "offset": [202, 213]}], "hash": "df400da44a40d8cd75a477c66d53820b", "id": 6}, {"size": 3, "samples": [{"hash": "gJpB9nZLQNO", "uri": "/contracts/gJpB9nZLQNO#2term", "label": "Employment Agreement (CytoDyn Inc.)", "score": 32.2826830938, "published": true}], "snippet": "The employment relationship hereunder shall be for the period (such period of the employment relationship shall be referred to herein as the \u201cTerm\u201d) commencing on the Effective Date and ending upon the termination of the Executive\u2019s employment hereunder by either party hereto pursuant to the terms of Section 4.1, Section 4.2, Section 4.3 or Section 4.4. In the event that the Executive\u2019s employment with the Company terminates, the Company\u2019s obligation to continue to pay, after the Termination Date (as defined in Section 4.3(b)), Base Salary (as defined in Section 3.1(a)), Annual Bonus (as defined in Section 3.1(c)) and other unaccrued benefits shall terminate except as may be provided for in ARTICLE 4.", "snippet_links": [{"key": "the-employment-relationship", "type": "clause", "offset": [0, 27]}, {"key": "the-period", "type": "clause", "offset": [51, 61]}, {"key": "period-of", "type": "definition", "offset": [68, 77]}, {"key": "commencing-on-the-effective-date", "type": "clause", "offset": [149, 181]}, {"key": "upon-the-termination-of-the-executive", "type": "clause", "offset": [193, 230]}, {"key": "party-hereto", "type": "definition", "offset": [264, 276]}, {"key": "terms-of", "type": "definition", "offset": [293, 301]}, {"key": "section-41", "type": "clause", "offset": [302, 313]}, {"key": "section-42", "type": "clause", "offset": [315, 326]}, {"key": "section-43", "type": "clause", "offset": [328, 339]}, {"key": "section-44", "type": "clause", "offset": [343, 354]}, {"key": "in-the-event", "type": "clause", "offset": [356, 368]}, {"key": "employment-with-the-company", "type": "definition", "offset": [390, 417]}, {"key": "obligation-to-continue", "type": "clause", "offset": [444, 466]}, {"key": "to-pay", "type": "clause", "offset": [467, 473]}, {"key": "after-the-termination-date", "type": "clause", "offset": [475, 501]}, {"key": "defined-in-section", "type": "clause", "offset": [506, 524]}, {"key": "base-salary", "type": "clause", "offset": [534, 545]}, {"key": "annual-bonus", "type": "definition", "offset": [578, 590]}, {"key": "article-4", "type": "definition", "offset": [700, 709]}], "hash": "dc21824961b0b8617584c10d1888b157", "id": 7}, {"size": 3, "samples": [{"hash": "e0Yi1Rwix8X", "uri": "/contracts/e0Yi1Rwix8X#2term", "label": "Executive Employment Agreement (Hut 8 Corp.)", "score": 34.9630390144, "published": true}], "snippet": "This Agreement will be effective from and subject to the date upon which the Closing occurs and will continue in effect for an indefinite term until it is terminated in accordance with Article 4 (the \"Term\"). The Executive's original hire date of July 11, 2022 with Hut shall be recognized for all purposes. In the event that the Closing does not occur, this Agreement shall be null and void and the Executive's employment under any pre-existing employment agreement shall continue in effect.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "effective-from", "type": "clause", "offset": [23, 37]}, {"key": "subject-to-the", "type": "definition", "offset": [42, 56]}, {"key": "the-closing", "type": "definition", "offset": [73, 84]}, {"key": "continue-in-effect", "type": "clause", "offset": [101, 119]}, {"key": "indefinite-term", "type": "clause", "offset": [127, 142]}, {"key": "in-accordance-with", "type": "definition", "offset": [166, 184]}, {"key": "article-4", "type": "definition", "offset": [185, 194]}, {"key": "the-executive", "type": "clause", "offset": [209, 222]}, {"key": "date-of", "type": "clause", "offset": [239, 246]}, {"key": "all-purposes", "type": "definition", "offset": [294, 306]}, {"key": "in-the-event", "type": "clause", "offset": [308, 320]}, {"key": "null-and-void", "type": "definition", "offset": [378, 391]}, {"key": "existing-employment-agreement", "type": "definition", "offset": [437, 466]}], "hash": "83e1e73be1592b9355f852817f1ed2b7", "id": 8}, {"size": 2, "samples": [{"hash": "gOXBveGsISk", "uri": "/contracts/gOXBveGsISk#2term", "label": "Funding Agreement", "score": 33.6767492637, "published": true}, {"hash": "fY63jvVAVGD", "uri": "/contracts/fY63jvVAVGD#2term", "label": "Funding Agreement", "score": 27.476386037, "published": true}], "snippet": "This Agreement will be for the Term unless earlier terminated in accordance with its terms.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "the-term", "type": "clause", "offset": [27, 35]}, {"key": "in-accordance-with", "type": "definition", "offset": [62, 80]}], "hash": "681eff5716121018477c93eb23a0d67b", "id": 9}, {"size": 2, "samples": [{"hash": "aaQacrJV1Ha", "uri": "/contracts/aaQacrJV1Ha#2term", "label": "Maintenance Services Agreement", "score": 31.3684424282, "published": true}, {"hash": "dy735AelPrl", "uri": "/contracts/dy735AelPrl#2term", "label": "Maintenance Services Agreement", "score": 30.9228555214, "published": true}], "snippet": "The term of this Agreement shall be from July 1, 2024 to June 30, 2027, unless earlier terminated as provided herein. The Authority shall have the unilateral option, at its sole discretion, to renew this Agreement automatically for no more than two (2) additional one-year terms. The contractor shall provide services within the term of this Agreement, and shall meet any other established schedules and deadlines. The Parties may, by mutual, written consent, extend the term of this Agreement if necessary to complete the Services.", "snippet_links": [{"key": "the-term-of-this-agreement", "type": "clause", "offset": [0, 26]}, {"key": "the-authority", "type": "clause", "offset": [118, 131]}, {"key": "sole-discretion", "type": "clause", "offset": [173, 188]}, {"key": "renew-this-agreement", "type": "clause", "offset": [193, 213]}, {"key": "services-within-the", "type": "clause", "offset": [309, 328]}, {"key": "schedules-and-deadlines", "type": "clause", "offset": [390, 413]}, {"key": "the-parties", "type": "definition", "offset": [415, 426]}, {"key": "written-consent", "type": "definition", "offset": [443, 458]}, {"key": "the-services", "type": "definition", "offset": [519, 531]}], "hash": "9d88b9672d032609d3dd958794ba49e5", "id": 10}], "next_curs": "Ck4SSGoVc35sYXdpbnNpZGVyY29udHJhY3RzcioLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig4ydGVybSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["employment-term-and-duties", "EMPLOYMENT, TERM AND DUTIES"], ["defined-terms", "Defined Terms"], ["1employment-and-acceptance", "1Employment and Acceptance"], ["director-position-and-duties", "Director Position and Duties"], ["employment", "EMPLOYMENT"]], "size": 76, "children": [["", ""], ["4policies", "4Policies"], ["5independent-contractor", "5Independent Contractor"], ["3duties", "3Duties"], ["4devotion-of-time-general-responsibilities", "4Devotion of Time; General Responsibilities"]], "title": "2Term", "id": "2term", "related": [["1term", "1Term", "1Term"], ["term", "Term", "Term"], ["original-term", "Original Term", "Original Term"], ["dpa-term", "Dpa Term", "Dpa Term"], ["term-commencement-date", "Term Commencement Date", "Term Commencement Date"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The \"Term\" clause defines the duration for which an agreement or contract remains in effect. It typically specifies the start and end dates of the contractual relationship, or outlines conditions under which the term may be extended or renewed. For example, a contract might be set to last for one year from the effective date, with an option for automatic renewal unless either party provides notice of termination. This clause is essential for establishing clear expectations regarding the timeframe of obligations and helps prevent disputes over when the agreement begins and ends."}, "json": true, "cursor": ""}}