Current Term definition

Current Term means the longer of (i) the two year period beginning at the time of termination or (ii) the unexpired term of this Agreement at the time of the termination, determined as provided in Section 2 but assuming that there is no automatic extension of the Agreement term after the termination. For purposes of this Section 13.D. and Section 13.E., "Change in Control" means a change in control as defined in Employer's 1998 Long Term Incentive Plan.

Current Term means the longer of (i) the three year period beginning at the time of termination or (ii) the unexpired term of this Agreement at the time of the termination, determined as provided in Section 2 but assuming that there is no automatic extension of the Agreement term after the termination.

Current Term means the one year period beginning at the time of termination.

Examples of Current Term in a sentence

• In addition, the parties agree that the Company may unilaterally amend this provision at any time to comply with applicable law or securities exchange listing rules, as the same may be in effect from time to time, during the Current Term or the Extended Term of this Agreement.

• If this Agreement is renewed as provided under this Paragraph, the new Agreement shall be identical to this Agreement (except insofar as the Company and Executive may otherwise agree in writing) except that the date of the new Agreement shall be as of the day following the expiration of the Current Term of this Agreement or any subsequent one-year term.

• If the Current Term of this Agreement expires without there having been a Change in Control, this Agreement shall be renewed for successive one-year terms, as of the day following such expiration, unless, during the period beginning ninety (90) days prior and ending thirty (30) days prior to such day, either the Company or Executive shall have given notice to the other that this Agreement will not be renewed.

• The Current Term is subject to extension in accordance with the provisions of Paragraph 15 of this Agreement.

• On the first anniversary of the Amendment Effective Date and on each subsequent anniversary of the Amendment Effective Date thereafter, the term of Executive’s employment under this Agreement shall automatically renew and extend for a period of 12 months (each such 12-month period being a “Renewal Term”) unless written notice of non-renewal is delivered by either party to the other not less than 60 days prior to the expiration of the then-existing Current Term or Renewal Term, as applicable.

More Definitions of Current Term

Current Term means the two year period beginning at the time of the termination of this Agreement.

Current Term means the one year period beginning at the time of the termination of this Agreement.

Current Term means the one year period beginning at the time of termination. For purposes of this Section 13.D. and Section 13.E., "Change in Control" means a change in control as defined in Employer's 1997 Long Term Incentive Plan.

Current Term means the two year period beginning at the time of termination.

Current Term is defined in Paragraph 4(c) under Schedule D of this Agreement.

Current Term has the meaning set forth in Section 13(a) hereof.

Current Term means the period from July 21, 2020 through June 18, 2027.