Common use of Renewal of Term Clause in Contracts

Renewal of Term. Upon each Termination Date this Agreement shall renew and continue in effect for an additional two-year period, and each successive Termination Date shall thereafter be designated as the "Termination Date" for all purposes under this Agreement.

Appears in 24 contracts

Samples: Employment Agreement (Lexon Inc/Ok), Employment Agreement (Maxxon Inc), Employment Agreement (Maxxon Inc)

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Renewal of Term. Upon each Termination Date this Agreement shall --------------- renew and continue in effect for an additional two-year period, and each successive Termination Date shall thereafter be designated as the "Termination Date" for all purposes under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Retractable Technologies Inc)

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