Notice of Intent Not to Renew Sample Clauses
A Notice of Intent Not to Renew clause establishes the requirement for one party to formally notify the other if they do not wish to continue the agreement beyond its current term. Typically, this clause specifies a minimum advance notice period—such as 30 or 60 days before the contract's expiration—during which the party must deliver written notice of non-renewal. By setting clear expectations and timelines, this clause prevents automatic renewal of the contract and ensures both parties have sufficient time to make alternative arrangements or negotiate new terms.
POPULAR SAMPLE Copied 7 times
Notice of Intent Not to Renew. If the Executive’s employment is terminated by the Company without Cause pursuant to Section 4(e), or the Executive terminates his employment for Good Reason pursuant to Section 4(g), or due to the expiration of the Term following the Company’s delivery to Executive of a notice of intent not to renew pursuant to Section 4(a), then the Executive shall be entitled to the following, subject to Section 6:
Notice of Intent Not to Renew. Except as otherwise provided in this Agreement, State shall provide written notice to Lessee at least twenty-four (24) months in advance if State intends not to renew this Agreement for all or any portion of the Premises. If State determines not to renew this Agreement, but less than twenty-four (24) months remain in the Term of this Agreement, State shall, at Lessee’s request, extend the Term of this Agreement to complete the twenty-four (24) month notice period, within which time Lessee shall vacate that portion of the Premises for which this Agreement is not being renewed, and relocate any sublessees (as may be allowed pursuant to Section 7 below) in an orderly fashion.
Notice of Intent Not to Renew. If the Executive’s employment with the Company is terminated pursuant to Subsection 4(a) due to Executive’s delivery to the Company of a notice of intent not to renew, or Subsections 4(b), (c), (d) or (f), the Company shall pay or provide to the Executive the following amounts through the Termination Date: any earned but unpaid Base Salary, unpaid expense reimbursements, and any vested benefits the Executive may have under any employee benefit plan of the Company (the “Accrued Obligations”) on or before the time required by law but in no event more than 30 days after the Executive’s Termination Date.
Notice of Intent Not to Renew. Notice of intent not to renew this Contract Extension must be given in writing by the Governing Board stating the specific reasons therefore at least 90 days before the Contract Extension expires. Failure to do so will automatically extend the Contract for one additional year, in accordance with School Code Section 10- 22.31(c). It shall be the responsibility of the Director to cause the issue of extension or renewal of this Contract Extension or any extension thereof to be placed on the agenda of the Governing Board at the February Executive and Governing Board meeting in the final year of this Contract Extension or any extension thereof (or the next earlier Governing Board meeting, if there is no meeting in February) and failure to do so will constitute a waiver by the Director of any automatic extension.
Notice of Intent Not to Renew. If the City determines that Tenant is ineligible for continued occupancy due to any of the above reasons, the City will deliver to Tenant a Notice of Intent Not to Renew this Lease. Notice will be in accordance with the notice requirements set forth in Part 2; Article 3; Section 2.1(g). Tenant will be required to vacate the premises upon expiration of the term on this Lease, or upon date as noted in Notice of Termination.
Notice of Intent Not to Renew. Employee and Employer both agree to provide the other with no less than 90 days prior written notice of their intent not to renew the contract and/or to continue employment beyond the term of the contract.
