Common use of Non-Renewal of Term Clause in Contracts

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 5 contracts

Samples: Employment Agreement (Holopak Technologies Inc), Employment Agreement (Foilmark Inc), Employment Agreement (Foilmark Inc)

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Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c6 (c).

Appears in 2 contracts

Samples: Employment Agreement (Holopak Technologies Inc), Employment Agreement (Foilmark Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If the Company terminates the Employment Term under Under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 2 contracts

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

Non-Renewal of Term. The Employment Term may be terminated by either party Employee hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 30 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 2 contracts

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

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If Upon termination by the Company terminates the Employment Term under such circumstancespursuant to this Section 7(a), the Company shall provide the Employee with the Termination Compensation specified in Section 6(c7(c).

Appears in 1 contract

Samples: Employment Agreement (Pamarco Technologies Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If Upon termination by the Company terminates the Employment Term under such circumstancespursuant to this Section 6(a), the Company shall provide the Employee with the Termination Compensation specified in Section 6(c)."

Appears in 1 contract

Samples: Employment Agreement (Pamarco Technologies Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 1 contract

Samples: Employment Agreement (Pamarco Technologies Inc)

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Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term Initial Term or any renewal term Renewal Term then in effect by giving written notice of the intention to terminate the Employment Term as of the end of the Initial Term or any Renewal Term at least 90 45 days prior to the proposed termination date. If the Company terminates the Employment Term under Upon any such circumstancestermination, the Company shall provide have no further liability or obligation to the Employee with hereunder except for any unpaid Salary and Fringe Benefits that have accrued through the Termination Compensation specified in Section 6(c)date of termination.

Appears in 1 contract

Samples: Employment Agreement (Pamarco Technologies Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect Employee by giving written notice of the intention to terminate the Employment Term at least 90 120 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 1 contract

Samples: Agreement (Tufco Technologies Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of at the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term at least 90 30 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 1 contract

Samples: Employment Agreement (Tufco Technologies Inc)

Non-Renewal of Term. The Employment Term may be terminated by either party hereto as of the end of the initial term or any renewal term then in effect by giving written notice of the intention to terminate the Employment Term as of the end of the initial term or of any renewal term at least 90 days prior to the proposed termination date. If the Company terminates the Employment Term under such circumstances, the Company shall provide the Employee with the Termination Compensation specified in Section 6(c).

Appears in 1 contract

Samples: Employment Agreement (Pamarco Technologies Inc)

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