General Term. This Agreement shall commence on the Start Date and terminate on December 31, 2011 (“Initial Term”) unless extended or sooner terminated as provided herein. The Initial Term shall automatically be extended for successive additional one-year periods (each, a “Renewal Period”), unless either party to this Agreement provides the other party with notice of termination of this Agreement at least 60 days prior to the expiration of the Initial Term or any Renewal Period thereafter (“Notice Period”).
Appears in 3 contracts
Samples: Executive Employment Agreement (Orchids Paper Products CO /DE), Executive Employment Agreement (Orchids Paper Products CO /DE), Executive Employment Agreement (Orchids Paper Products CO /DE)
General Term. This Agreement shall commence on the Start Effective Date and terminate on December 31, 2011 (“Initial Term”) 2005 unless extended or sooner terminated as provided hereinprior to that date. The Initial Term shall automatically be extended for successive additional one-year periods (each, a “Renewal Period”), unless either party to this Agreement provides the other party with notice of termination of this Agreement at least 60 one hundred and eighty (180) days prior to the expiration of the Initial Term original three-year period or any Renewal Period thereafter (“Notice Period”)one-year period thereafter.
Appears in 1 contract
Samples: Executive Employment Agreement (Sigma Aldrich Corp)
