Examples of Initial Employment Term in a sentence
In addition, the term of this Agreement shall automatically renew for periods of two years (each an “Extension Term”) unless either party gives written notice to the other party, at least ninety (90) days prior to the end of the Initial Employment Term or at least ninety (90) days prior to the end of the relevant Extension Term, that the Agreement shall not be further extended.
Within hours, virtually all the domestic institutions built up over five years with international tutelage and money to act as bulwarks of "democratisation" gave way and joined the baying pack.Most of the PISG still do not get it.
The Employment Term shall be extended automatically for successive one-year periods unless, at least 90 days prior to expiration of the Employment Term, either party gives written notice to the other party that he/it does not wish to renew the Agreement (such one year extension(s) and the Initial Employment Term to be, collectively, the “Employment Term”).
The Initial Employment Term and each Additional Employment Term shall be referred to herein as an “Employment Term.” Notwithstanding the foregoing, each Employment Term is subject to early termination (x) by reason of the Executive’s death or Disability, (y) by resolution of the Board with or without Cause, or (z) upon the Executive’s voluntary resignation with or without Good Reason.
Each Loan Party shall establish and maintain a lockbox collection service reasonably acceptable to Administrative Agent, to process the collection of Accounts and cash sales of such Loan Party.
After the Initial Employment Term, this Agreement shall automatically renew for consecutive one year periods (“renewal term”), unless a written notice of a party’s intention to terminate this Agreement at the expiration of the Initial Employment Term (or any renewal term) is delivered by either party at least three (3) months prior to the expiration of the Initial Employment Term or any renewal term, as applicable.
Since there have been significant changes in the last two decades we divide analysis into sub-periods.Adams and Gluck (2015) mention that co-movements provide the necessary information on when the characteristics of series have changed structurally.
At the end of the Initial Employment Term, and at the end of each Additional Employment Term (as herein defined), unless the Company (with the approval of the Board) has provided the Executive with at least sixty (60) days advance written notice, so long as the Executive continues to be employed by the Company, this employment contract shall automatically renew for a term of one (1) year (each such additional term, an "Additional Employment Term").
The Company shall have no further obligation to pay compensation or benefits to Employee for the remainder of the balance of the Initial Employment Term.
Included in corporate and other are the combined results from the Company’s management services, and unallocated corporate and other expenses.