Term of Employment Under the Agreement Sample Clauses

Term of Employment Under the Agreement. The term of this -------------------------------------- Agreement (the "Term") shall commence on February 1, 1999 (the "Effective Date") and shall continue until the second anniversary of the Effective Date; provided, however, that, commencing on February 1, 2000 and on each successive February 1/st/ thereafter (each a "Renewal Date"), the Term shall automatically extend for one additional year, unless at least thirty days prior to the next Renewal Date the Company has delivered to you or you have delivered to the Company written notice of the desire not to extend the Term. For purposes of this Agreement, "Fiscal Year" means the Company's fiscal year. Subject to the provisions of Section 5 below, either party may terminate your employment under this Agreement at any time.
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Term of Employment Under the Agreement. The term of your employment under this Agreement shall commence on the Change in Control Date and shall continue until the second anniversary of the Change in Control Date (the "TERM").
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Term of Employment Under the Agreement. The term of this Agreement (the "Term") shall commence on October 16, 2002 (the "Effective Date") and shall continue until the second anniversary of the Effective Date; provided, however, that, commencing on October 16, 2003 and on each successive October 16th thereafter (each a "Renewal Date"), the Term shall automatically extend for one additional year, unless at least thirty days prior to the next Renewal Date the Company has delivered to you or you have delivered to the Company written notice of the desire not to extend the Term. For purposes of this Agreement, "Fiscal Year" means the Company's fiscal year. Subject to the provisions of Section 4 below, either party may terminate your employment under this Agreement at any time.
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Term of Employment Under the Agreement. The Term of your employment under this Agreement (the "Term") shall commence on October 8, 1996 (the "Effective Date") and shall continue until the fifth anniversary of the Effective Date. For purposes of this Agreement, "Fiscal Year" means the Company's fiscal year. Subject to the provisions of Section 6 below, either party may terminate your employment under this Agreement at any time.
Sample 1
Term of Employment Under the Agreement. The term of this -------------------------------------- Agreement (the "Term") shall commence on February 1, 1999 (the "Effective Date") and shall continue until the second anniversary of the Effective Date. For purposes of this Agreement, "Fiscal Year" means the Company's fiscal year. Subject to the provisions of Section 5 below, either party may terminate your employment under this Agreement at any time.
Sample 1
Term of Employment Under the Agreement. The term of your employment under this Agreement shall commence on June 2, 1998 (the "EFFECTIVE DATE") and shall continue until the fifth anniversary of the Effective Date (the "EMPLOYMENT TERM") unless earlier terminated by either you or the Company pursuant to the terms of Section 9 hereof. The term of the severance obligations provided under Section 4(ii) under this Agreement shall commence on the Effective Date and shall survive expiration of the Employment Term. Notwithstanding the foregoing, in the event of a Change in Control the two-year period commencing on the Change in Control Date shall be referred to herein as the "CHANGE IN CONTROL TERM."
Sample 1
Term of Employment Under the Agreement. The period of your employment under this Agreement (the "Term") shall commence on the Closing Date, as defined in the Agreement and Plan of Merger, dated as of the date hereof, among IHK, IHK Merger Sub Corporation and Savannah Foods & Industries, Inc. (the "Company") (the "Effective Date"), and shall continue until the fifth anniversary of the Effective Date. The Term will automatically be extended on the third anniversary of the Effective Date (and on each anniversary thereafter) for an additional one-year period unless either party to this Agreement gives the other party hereto written notice of this intention not to extend the Term at least ninety days prior to the applicable anniversary date.
Sample 1
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Term of Employment Under the Agreement. The term of Executive's employment under this Agreement (the "Term") shall commence on January 15, 1997 (the "Effective Date") and shall continue until the fifth anniversary of the Effective Date. For purposes of this Agreement, "Contract Year" means each 12-month period during the term beginning on the Effective Date or anniversary thereof, and "Fiscal Year" means the Company's fiscal year.
Sample 1

Related to Term of Employment Under the Agreement

  • Continued Employment Beyond the Expiration of the Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company beyond the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 10, 11 and 12 of this Agreement shall survive any termination of this Agreement or Executive’s Termination of Employment hereunder.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Term of Employment and Termination The Company and Executive acknowledge that Executive's employment is and shall continue to be at-will, as defined under applicable law, and that Executive's employment with the Company may be terminated by either Party at any time for any or no reason (subject to the notice requirements of this Section 4). This "at-will" nature of Executive's employment shall remain unchanged during Executive's tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized officer of the Company. The term of this Agreement and Executive’s employment hereunder shall commence on the Effective Date and continue until terminated as set forth in this Section 4. The date on which Executive’s employment terminates, as determined by the Company, regardless of the reason, shall be referred to herein as the “Separation Date.” Upon termination of Executive's employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • During the Term of Employment (a) Executive shall be eligible to participate in any life, health and long-term disability insurance programs, pension and retirement programs, stock option and other incentive compensation programs, and other fringe benefit programs made available to senior executive employees of the Company from time to time, and Executive shall be entitled to receive such other fringe benefits as may be granted to him from time to time by the Company's Board of Directors.

  • Employment and Term of Employment Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, as Vice President, Preclinical Research and Development for a term (the "Term of Employment") beginning on the date first set forth above (the "Effective Date") and ending on the Expiration Date (defined below). As used in this Agreement, "Expiration Date" means the first anniversary of the Effective Date, provided that on each anniversary of the Effective Date (each such anniversary being referred to as a "Renewal Date"), the Expiration Date shall be automatically extended one additional year unless, not less than 10 days prior to the relevant Renewal Date, (i) either party shall have given written notice to the other that no such automatic extension shall occur after the date of such notice or (ii) either party shall have given a Notice of Termination to the other pursuant to Section 5 hereof. Notwithstanding the foregoing, if either party gives a valid Notice of Termination pursuant to Section 5 hereof, the Term of Employment shall not extend beyond the termination date specified in such Notice of Termination.

  • Term of Employment; Termination Executive's Term of Employment shall be two years from the date of this Agreement, unless extended or earlier terminated as provided below.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Term of Employment The Executive’s employment under this Agreement will commence on the date hereof and will continue for a period of one (1) year thereafter, subject to earlier termination as provided in Section 8 (the “Term”). This Agreement and the Term will be automatically renewed and extended for periods of one (1) year unless the Company or the Executive provides written notice no less than thirty (30) days prior to the expiration of the then-current Term of its or the Executive’s desire not to renew this Agreement.

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