Common use of Automatic Renewals Clause in Contracts

Automatic Renewals. The term of this Agreement (subject to § 3.3, § 4 and § 6) shall renew for one (1) additional year on each successive anniversary of the date of this Agreement unless the Board notifies Executive in writing of Post’s decision not to renew this Agreement at least thirty (30) days prior to expiration of the then current term; provided, however, no automatic renewal under this § 3.2 shall extend the term of this Agreement beyond the term in which Executive reaches age 65.

Appears in 6 contracts

Sources: Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp)

Automatic Renewals. The term of this Agreement (subject to § 3.3, § 4 and § 6) shall renew for one (1) additional year on each successive anniversary of the date of this Agreement Start Date which is on or after October 17, 2008 unless the Board notifies Executive in writing of Post’s decision not to renew this Agreement at least thirty six (306) days months prior to expiration of the then current term; provided, however, no automatic renewal under this § 3.2 shall extend the term of this Agreement beyond the term in which Executive reaches age 65.

Appears in 3 contracts

Sources: Employment Agreement (Post Apartment Homes Lp), Employment and Change in Control Agreement (Post Apartment Homes Lp), Employment and Change in Control Agreement (Post Apartment Homes Lp)

Automatic Renewals. The term of this Agreement (subject to § 3.3, § 4 and § 6) shall renew for one (1) additional year on each successive anniversary of the date of this Agreement Start Date which is on or after October 11, 2008 unless the Board notifies Executive in writing of Post’s decision not to renew this Agreement at least thirty (30) 30 days prior to expiration of the then current term; provided, however, no automatic renewal under this § 3.2 shall extend the term of this Agreement beyond the term in which Executive reaches age 65.

Appears in 1 contract

Sources: Employment Agreement (Post Apartment Homes Lp)