Common use of Agreement Term Clause in Contracts

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December 31, 2011. As of December 31, 2011, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first anniversary of the date on which the Change in Control occurs.

Appears in 7 contracts

Samples: Agreement (Capital Gold Corp), Executive Employment Agreement (Capital Gold Corp), Agreement (Capital Gold Corp)

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Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December 31, 20112009. As of December 31, 20112009, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 5 contracts

Samples: Executive Employment Agreement (Capital Gold Corp), Executive Employment Agreement (Capital Gold Corp), Executive Employment Agreement (Capital Gold Corp)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date date this agreement is executed and shall continue through December 31, 20112008. As of December 31, 20112008, and as of each December 31 31st thereafter, the Agreement Term agreement term shall extend automatically for a one year period unless the Company Bank gives notice to the Executive executive prior to the date of such extension that the Agreement Term agreement term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Termagreement term, the Agreement Term agreement term shall continue through and terminate on the first anniversary of the date on which the Change in Control occurs.

Appears in 3 contracts

Samples: Change in Control Agreement (Pathfinder Bancorp Inc), Change in Control Agreement (Pathfinder Bancorp Inc), Change in Control Agreement (Pathfinder Bancorp Inc)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date date this agreement is executed and shall continue through December 31, 20112018. As of December 31, 20112018, and as of each December 31 31st thereafter, the Agreement Term agreement term shall extend automatically for a one year period unless the Company Bank gives notice to the Executive executive prior to the date of such extension that the Agreement Term agreement term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Termagreement term, the Agreement Term agreement term shall continue through and terminate on the first anniversary of the date on which the Change in Control occurs.

Appears in 2 contracts

Samples: Change in Control Agreement (Pathfinder Bancorp, Inc.), Change in Control Agreement (Pathfinder Bancorp, Inc.)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December 31, 20112010. As of December 31, 20112010, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 2 contracts

Samples: Executive Employment Agreement (Capital Gold Corp), Executive Employment Agreement (Capital Gold Corp)

Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112002. As of December 31, 20112000, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 2 contracts

Samples: Agreement Regarding Change in Control (Abbott Laboratories), Agreement Regarding Change in Control (Abbott Laboratories)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December August 31, 20112009. As of December August 31, 20112009, and as of each December August 31 thereafter, the Agreement Term shall extend automatically for a one year period to the next anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement (Capital Gold Corp)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December August 31, 20112007. As of December August 31, 20112007, and as of each December August 31 thereafter, the Agreement Term shall extend automatically for a one year period to the next anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement (Capital Gold Corp)

Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112007. As of December 31, 20112007, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive Xxxxxx prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding Change in Control (Hemispherx Biopharma Inc)

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Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112007. As of December 31, 20112007, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive General Counsel prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding Change in Control (Hemispherx Biopharma Inc)

Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112007. As of December 31, 20112007, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive Chief Financial Officer prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding Change in Control (Hemispherx Biopharma Inc)

Agreement Term. The initial “Agreement Term” shall begin on the Effective Date and shall continue through December 31, 20112009. As of December 31, 20112009, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), ) occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding (Abbott Laboratories)

Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112005. As of December 31, 20112003, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding Change in Control (Abbott Laboratories)

Agreement Term. The initial "Agreement Term" shall begin on the Effective Date and shall continue through December 31, 20112007. As of December 31, 20112007, and as of each December 31 thereafter, the Agreement Term shall extend automatically for a one year period to the third anniversary thereof unless the Company gives notice to the Executive prior to the date of such extension that the Agreement Term will not be extended. Notwithstanding the foregoing, if a Change in Control (as defined in Section 7 below), occurs during the Agreement Term, the Agreement Term shall continue through and terminate on the first second anniversary of the date on which the Change in Control occurs.

Appears in 1 contract

Samples: Agreement Regarding Change in Control (Hemispherx Biopharma Inc)

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