Employment Term Automatic Extension Sample Clauses

Employment Term Automatic Extension. 1.1 The Company agrees to employ the Employee, and the Employee agrees to serve in the employ of the Company, for the term set forth in Section 1.2, in the position and with the responsibilities, duties and authority set forth in Section 2 and on the other terms and conditions set forth in this Agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Employment Term Automatic Extension. The initial term of this Agreement shall begin on the Effective Date and continue until the fifth anniversary of the Effective Date unless sooner terminated as provided in Section 6 (such term of employment, as extended, is referred to herein as the "Term").
Sample 1
Employment Term Automatic Extension. The initial term of this Agreement shall begin on the Effective Date and continue until the fourth anniversary of the Effective Date unless sooner terminated as provided in Section 6. Unless either the Company, Altiva or Employee delivers a notice of intent not to extend the term of this Agreement six months prior to the fourth anniversary, or any subsequent anniversary, of the Effective Date of this Agreement and Employee remains employed by the Company on each such anniversary date, the term of this Agreement automatically shall be extended for one year or until Employee reaches age 65, whichever comes first, unless sooner terminated as provided in Section 6 (such term of employment, as extended, is referred to herein as the "Term").
Sample 1
Employment Term Automatic Extension 
Sample 1Sample 2Sample 3See All (12)

Related to Employment Term Automatic Extension

  • Term of Employment; Termination (a) The “

  • Employment Termination This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Expiration of Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company following the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 6, 7 and 8 of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

  • Automatic Termination This Agreement shall automatically and immediately terminate in the event of its “assignment” (as defined in the 1940 Act).

  • Employment Terms As a condition to your employment with the Company, you are required to (a) sign and return a satisfactory I-9 Immigration form providing sufficient documentation establishing your employment eligibility in the United States, and (b) provide satisfactory proof of your identity as required by United States law.

  • At-Will Employment; Termination The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

  • EMPLOYMENT TERM AND COMPENSATION A. The Board hereby employs the Employee for a salary of $3,604 per bi-weekly pay period ($93,700/Annualized), payable in installments less any legally authorized deductions as the DBM D61, Associate Xxxx, Biological and Health Sciences Division.

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Employment Term The term of employment under this Agreement (the “Term”) shall commence on the Effective Date and end on the third anniversary of the Effective Date, subject to earlier termination as provided in Section 3 below. The Term shall automatically renew for additional twelve (12) month periods unless no later than ninety (90) days prior to the end of the applicable Term either Party gives written notice of non-renewal (“Notice of Non-Renewal”) to the other, in which case Executive’s employment will terminate at the end of the then-applicable Term, subject to earlier termination as provided in Section 3 below.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

Time is Money Join Law Insider Premium to draft better contracts faster.