Common use of Term; Termination of Employment Clause in Contracts

Term; Termination of Employment. As used herein, the phrase "Term of Employment" shall mean the period commencing on the Effective Date and, except as otherwise specifically provided below, ending on December 31, 2003 which shall automatically renew for periods of one year unless one party gives written notice to the other at least 90 days prior to the end of the then current term that the Agreement shall not be further extended. Notwithstanding the foregoing, the Term of Employment shall expire on the first to occur of the following:

Appears in 2 contracts

Samples: Employment Agreement (Suntek Corp), Employment Agreement (Eftc Corp/)

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Term; Termination of Employment. As used herein, the phrase "Term of Employment" shall mean the period commencing on the Effective Date and, except as otherwise specifically provided below, ending on December 31, 2003 2006, which shall automatically renew for periods of one year unless one party gives written notice to the other at least 90 60 days prior to the end of the then current term that the Agreement shall not be further extended. Notwithstanding the foregoing, the Term of Employment shall expire on the first to occur of the following:

Appears in 2 contracts

Samples: Employment Agreement (Suntron Corp), Employment Agreement (Suntron Corp)

Term; Termination of Employment. As used herein, the phrase "Term of Employment" shall mean the period commencing on the Effective Date and, except as otherwise specifically provided below, ending on December 31, 2003 which shall automatically renew for periods of one year unless one party gives written notice to the other at least 90 days prior to the end second anniversary of the then current term Effective Date. The parties understand and agree that Executive may still be an "at-will" employee of the Agreement shall not be further extendedCompany after the termination of this Agreement. Notwithstanding the foregoing, the Term of Employment shall expire on the first to occur of the following:

Appears in 1 contract

Samples: Employment Agreement (Integrated Device Technology Inc)

Term; Termination of Employment. As used herein, the phrase "Term of Employment" shall mean the period commencing on the Effective Date and, except as otherwise specifically provided below, and ending on December 31the same date fifteen (15) months later; provided, 2003 which shall automatically renew however, that the Term of Employment may be extended for periods of one year unless one party gives an additional fifteen (15) month period upon written notice to by the other at least 90 Company sixty (60) days prior to the end of the then current term that the Agreement shall not be further extendedTerm. Notwithstanding the foregoing, the Term of Employment shall expire on the first to occur of the following:

Appears in 1 contract

Samples: Executive Employment Agreement (Trimeris Inc)

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Term; Termination of Employment. As used herein, the phrase "Term of Employment" shall mean the period commencing on the Effective Date and, except as otherwise specifically provided below, ending on December 3115, 2003 which shall automatically renew for periods of one year unless one party gives written notice to the other at least 90 days prior to the end of the then current term that the Agreement shall not be further extended2002. Notwithstanding the foregoing, the Term of Employment shall expire on the first to occur of the following:

Appears in 1 contract

Samples: Employment Agreement (Pf Net Communications Inc)

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