Common use of Basic Rule Clause in Contracts

Basic Rule. Unless Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the Company agrees to continue Employee’s employment, and Employee agrees to remain in the employ of the Company, beginning on the Effective Date until November 1, 2009. If not terminated in writing by either party at least ninety (90) days prior to the end of the applicable term, this Agreement shall automatically renew for an additional twenty-four (24) months.

Appears in 3 contracts

Samples: Employment Agreement (CAI International, Inc.), Employment Agreement (CAI International, Inc.), Employment Agreement (CAI International, Inc.)

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Basic Rule. Unless Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the The Company agrees to continue the Employee’s employment, and the Employee agrees to remain in the employ of employment with the Company, beginning from the Commencement Date until the date when the employee’s employment terminates. The term of this Agreement will begin on the Effective Commencement Date until November and end on December 31, 2005. Thereafter, this Agreement shall automatically renew for successive terms of one (1, 2009. If not terminated in writing by ) year unless either party at least gives the other notice of non-renewal not less than ninety (90) days prior to the end of the applicable initial term or any successive term, this Agreement shall automatically renew for an additional twenty-four (24) months.

Appears in 3 contracts

Samples: Employment Agreement (Nstor Technologies Inc), Employment Agreement (Nstor Technologies Inc), Employment Agreement (Nstor Technologies Inc)

Basic Rule. Unless Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the Company agrees to continue Employee’s employment, and Employee agrees to remain in the employ of the Company, beginning on provided that Employee may terminate his employment at any time if he provides the Effective Date until November 1, 2009. If not terminated in writing by either party at least ninety Company with thirty (9030) days prior to the end of the applicable term, this Agreement shall automatically renew for an additional twenty-four (24) monthsnotice.

Appears in 1 contract

Samples: Employment Agreement (CAI International, Inc.)

Basic Rule. Unless the Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the Company agrees to continue the Employee’s employment, and the Employee agrees to remain in the employ of the Company, beginning on the Effective Date until November 1, 2009. If not terminated in writing by either party at least ninety (90) days prior to the end of the applicable term, this Agreement shall automatically renew for an additional twenty-four (24) months.

Appears in 1 contract

Samples: Employment Agreement (CAI International, Inc.)

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Basic Rule. Unless Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the Company agrees to continue Employee’s employment, and Employee agrees to remain in the employ of the Company, beginning on the Effective Date until November 1, 20092010. If not terminated in writing by either party at least ninety (90) days prior to the end of the applicable term, this Agreement shall automatically renew for an additional twenty-four (24) months.

Appears in 1 contract

Samples: Employment Agreement (CAI International, Inc.)

Basic Rule. Unless the Employee’s employment terminates at an earlier date pursuant to the provisions of this Agreement, the Company agrees to continue the Employee’s employment, and the Employee agrees to remain in the employ of the Company, beginning on the Effective Date until November 1, 20092008. If not terminated in writing by either party at least ninety (90) days prior to the end of the applicable term, this Agreement shall automatically renew for an additional twenty-four (24) months.

Appears in 1 contract

Samples: Employment Agreement (CAI International, Inc.)

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