First Term Clause Samples

The "First Term" clause defines the initial duration of an agreement or contract, specifying how long the parties are bound before renewal or expiration options arise. Typically, this clause sets a fixed period—such as one year or three years—during which the contract remains in effect unless terminated under specific conditions. By clearly establishing the starting period of contractual obligations, the clause provides certainty for both parties regarding their commitments and helps prevent misunderstandings about when the agreement may be reviewed, renewed, or ended.
First Term a. If termination occurs, school may keep: i. Prior to or during the first week 0% ii. During the second week 20% iii. During the third week 35% iv. During the fourth week 50% v. During the fifth week 70% vi. After the fifth week 100%
First Term. Employee’s initial term of employment with the Bank commenced on October 13, 2020, and ended six (6) months thereafter (the “Initial Term”), with such term automatically extended by one (1) month effective upon the conclusion of the Initial Term (such extension, together with the Initial Term, the “First Term”),
First Term. During the ...., Insurion shall pay Lycos .... (the "Pre-Paid Referral Fee"). Insurion has paid Lycos .
First Term. This Agreement shall be effective from the date hereof to and including December 31, 2019 (the "First Term"), unless extended or sooner terminated pursuant to the provisions of this Agreement.
First Term. In consideration of the Superintendent’s employment and duties during the First Term of this Contract, the Board shall pay the Superintendent the gross salary of $100,000.00. Said annual salary shall be paid in equal installments throughout the First Term in accordance with the policy and practice of the Board governing payment of administrative employees of the District.
First Term. The first term evaluation will be a faculty peer observation and will not be placed in the faculty member’s file.
First Term. Where a term position is posted and a full-time or part-time employee is the successful applicant, they shall return to their former permanent position at the conclusion of the term. In the event that the employee's permanent former position no longer exists, the employee shall have rights in accordance with Article 18 of the Collective Agreement.
First Term. If termination occurs School may keep Student Refund Prior to or during the first week 0% 100% During the second week 20% 80% During the third week 35% 65% During the fourth week 50% 50% During the fifth week 70% 30% After the fifth week 100% 0%
First Term. The transition to Higher Education can sometimes be difficult for students, but especially for those with additional needs, with limited family support or caring responsibilities. Standardised and quality assured induction arrangements are central to achieving a successful transition into Higher Education – providing information about academic expectations, college based systems (eg the role and purpose of the HE Learner Voice Forum, end of module surveys), welfare and pastoral support, applying for Disability Support Allowance (DSA) and facilitating the developing of social networking through WAMedu (a secure social network environment for education). A supported and effective transition has had a positive impact on retention and success on programme. There is a centralised tutorial system in place to support learners initially and throughout the full duration of their programme and there is a dedicated team of professionals who offer pastoral support and guidance, welfare and counselling where there is a need. In order to establish a sense of belonging amongst new students with their chosen course of study, fellow students and teaching staff, the College arranges visiting speakers, trips and visits to create the relationships and culture which are crucial to retention and future success. The College has a Teaching and Learning Policy which outlines its strategic and operational approach to supporting students to ensure they reach their full potential in terms of development and achievement. Within the first term, each Higher Education cohort will appoint at least one student representative who will work in partnership with academic and pastoral tutors to support students to settle into Higher Education and to make continual enhancements to the quality of the provision. The College is determined to support all of its students to achieve their qualification. Support for learners with disability/a specific learning difficultly is delivered under the protocols of Student Finance, England. Higher Education students are made aware that they will need to apply for a Disabled Students’ Allowance to pay for this support. We work closely with students to support them with their application.
First Term. Notice to extend or expire (a) The parties acknowledge and agree that: (i) the Agent will accrue an option to take a Second Term under this Agreement, if it: (A) has achieved the Renewal Option Performance Level; and (B) has not received more than two (2) notifications from the Bank that it has breached this Agreement (excluding any Performance Breach) during the First Term; (ii) a maximum of one such option can accrue to the Agent during the Term of this Agreement; and (iii) if it does accrue, that option will automatically expire if it is not exercised by the Agent in the manner and time required by this clause 15.2. (b) The Agent agrees to notify the Bank in writing of whether the Agent proposes to: (i) (if it has achieved the Renewal Option Performance Level) exercise its option to take a Second Term under this Agreement, in which case such notice is irrevocable (“Renewal Option Notice”); (ii) (if it has not achieved the Renewal Option Performance Level) apply for a Second Term under this Agreement, in which case such notice is irrevocable (“Extension Request”); or (iii) (otherwise) allow this Agreement to expire at the First Termination Date, at least nine (9) months prior to the First Termination Date. (c) If the Agent delivers a Renewal Option Notice to the Bank, the Bank must accept the Agent’s Renewal Option Notice and grant the Second Term in accordance with this clause 15.2. (d) If the Agent delivers an Extension Request to the Bank: (i) the Bank may accept or decline the Agent’s Extension Request in its sole and absolute discretion, and on such terms as the Bank may determine (which may include amendment or variation of this Agreement); (ii) without limiting the Bank’s discretion, when deciding whether to accept or decline the Agent’s Extension Request, the Bank must have due regard to the Branch’s performance as measured against its Balanced Scorecard during the Term; (iii) the Bank must give written notice of its decision to accept or decline the Agent’s Extension Request (including any terms or proposed amendments or variations to this Agreement) at least seven (7) months prior to the First Termination Date (“Extension Notification”); and (iv) the Bank will not be obliged to give reasons for its decision to accept, accept on terms or decline the Agent’s Extension Request in its Extension Notification. (e) If the Bank, in its Extension Notification, has accepted the Agent’s Extension Request, then the Second Term will be granted provided that...