Non-Renewal Notice definition
Examples of Non-Renewal Notice in a sentence
In the event a party provides a Non-Renewal Notice, this Agreement shall terminate at 11:59 PM on the last day of the Initial Term or Renewal Term, as applicable.
If (a) Executive delivers a timely Non-Renewal Notice pursuant to Article I (whether or not the Company has timely delivered a timely Non-Renewal Notice), (b) Executive continues in employment with the Company through the last day of the Term, and (c) the parties have not executed a written agreement applicable to Executive’s employment after the expiration of the Term, Executive’s employment shall terminate on the last day of the Term (“Executive Non-Renewal Termination”).
In the event a party provides a Non-Renewal Notice, this Agreement shall terminate at 11:59 PM (Eastern time) on the last day of the Initial Term or Renewal Term, as applicable.
If Employee provides a Non-Renewal Notice or advance notice of resignation to the Company, the Company may terminate Employee’s employment prior to the applicable expiration date and/or noticed resignation date, and/or place Employee on an unpaid leave of absence during such time period.
In the event that the Company terminates Employee’s employment by providing a timely Non-Renewal Notice, pursuant to Section l(a), and provided that Employee thereafter resigns employment within thirty (30) days after such notice, with an effective date of the end of the Initial Employment Period or the end of the Renewal Period, as applicable, Employee shall receive the following amounts (the “Base 3 Month Severance”), subject to satisfaction of the Release Requirement.