Common use of Term With Automatic Renewal Provisions Clause in Contracts

Term With Automatic Renewal Provisions. The term of this Agreement and the Executive's employment hereunder shall be for a term of four (4) years commencing on the Effective Date, and shall automatically be extended for one (1) additional year on the third anniversary of the Effective Date and each anniversary thereafter, unless and until either party to this Agreement provides written notice of non-renewal to the other party.

Appears in 1 contract

Samples: Employment Agreement (Centrue Financial Corp)

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Term With Automatic Renewal Provisions. The term of this Agreement and the Executive's ’s employment hereunder shall be for a term of four two (42) years commencing on the Effective Date, and shall automatically be extended for one (1) additional year on the third first anniversary of the Effective Date and each anniversary thereafter, unless and until either party to this Agreement provides written notice of non-renewal to the other partyparty not less than thirty (30) days prior to such anniversary of the Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Centrue Financial Corp)

Term With Automatic Renewal Provisions. The term of this Agreement and the Executive's ’s employment hereunder shall be for a term of four three (43) years commencing on the Effective Date, and shall automatically be extended for one (1) additional year on the third anniversary of the Effective Date December 31, 2005 and each anniversary thereafter, unless and until either party to this Agreement provides written notice of non-renewal to the other partyparty not less than thirty (30) days prior to such anniversary of the Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Centrue Financial Corp)

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Term With Automatic Renewal Provisions. The term of this Agreement and the Executive's ’s employment hereunder shall be for a term of four three (43) years commencing on the Effective Date, and shall automatically be extended for one (1) additional year on the third first anniversary of the Effective Date and each anniversary thereafter, unless and until either party to this Agreement provides written notice of non-renewal to the other partyparty not less than thirty (30) days prior to such anniversary of the Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Centrue Financial Corp)

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