Common use of Specified Period Clause in Contracts

Specified Period. Company hereby employs Executive pursuant to the terms of this Agreement and Executive hereby accepts employment with Company pursuant to the terms of this Agreement for the period beginning on May 2, 2001 and ending on May 1, 2005. Subject to paragraphs 8 and 9, this Agreement will automatically be renewed for successive periods of one year after May 1, 2005 unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified period, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty (30) days prior to the end of any monthly period.

Appears in 2 contracts

Samples: Employment Agreement (Dippy Foods Inc), Employment Agreement (Dippy Foods Inc)

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Specified Period. Company hereby employs Executive pursuant to the terms of this Agreement and Executive hereby accepts employment with Company pursuant to the terms of this Agreement for the period beginning on May 2October 1, 2001 1999 and ending on May 1September 30, 2005. Subject to paragraphs 8 10 and 911, this Agreement will be automatically be renewed for successive periods of one year after May 1September 30, 2005 unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified specific period, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty one hundred eighty (30180) days prior to the end of any monthly period.

Appears in 1 contract

Samples: Employment Agreement (Staar Surgical Company)

Specified Period. Company hereby employs Executive pursuant to the terms of this Agreement and Executive hereby accepts employment with Company pursuant to the terms of this Agreement for the period beginning on May 2, 2001 and ending on May 1, 2005. Subject to paragraphs 8 8, 9 and 910, this Agreement will automatically be renewed for successive periods of one year after May 1, 2005 unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified period, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty (30) days prior to the end of any monthly period.

Appears in 1 contract

Samples: Employment Agreement (Dippy Foods Inc)

Specified Period. Company hereby employs Executive pursuant Pursuant to the terms of this Agreement Agreement, Company hereby employs Employee and Executive Employee hereby accepts employment with Company pursuant to for a period which shall begin on the terms date of execution of this Agreement for the period beginning on May 2, 2001 and ending on May 1, 2005shall end three (3) years after that date. Subject to paragraphs 8 sections 10 and 911, this Agreement will be automatically be renewed for successive periods of one year after May 1, 2005 its expiration unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified periodterm, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty (30) days prior to the end of any monthly period.

Appears in 1 contract

Samples: Employment Agreement (Staar Surgical Company)

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Specified Period. Company hereby employs Executive pursuant to the terms of this Agreement and Executive hereby accepts employment with Company pursuant to the terms of this Agreement for the period beginning on May 2October 1, 2001 1999 and ending on May 1September 30, 2005. Subject to paragraphs 8 10 and 911, this Agreement will be automatically be renewed for successive periods of one year after May 1September 30, 2005 unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified period, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) sixty days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty one hundred eighty (30180) days prior to the end of any monthly period.

Appears in 1 contract

Samples: Employment Agreement (Staar Surgical Company)

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