Employment, Acceptance and Term Sample Clauses

Employment, Acceptance and Term. Subject to Section 5 hereof, the Company and Holdings hereby agree to employ the Employee, and the Employee agrees to serve the Company and Holdings, during the term of this Agreement (the "Term") which shall commence January 1, 2000 (the "Effective Date") and end on December 31, 2001 (the "Initial Term"), and shall be renewed automatically for successive one calendar year periods thereafter through December 31 of the calendar year in which the Employee reaches age sixty-five (65), unless the Company gives the Employee or the Employee gives the Company written notice of its or his intent not to renew this Agreement, which notice must be given not later than December 31, 2000 if this Agreement is to expire at the end of the Initial Term or December 31 of the year last preceding the final calendar year of the Term if this Agreement is to expire after the Initial Term; provided, however, that no such notice given by either the Company or the Employee after a "Change of Control" as defined in Section 1.2 hereof shall have the effect of terminating this Agreement prior to the December 31 coinciding with or next following the second anniversary of the date on which such Change of Control occurs. The Employee acknowledges that neither the Company nor Holdings shall have any obligation to extend the Term beyond the Initial Term or to renew the Agreement after any extension, or to enter into a new employment agreement upon the expiration of the Term. Unless otherwise agreed between the parties in writing, any continuation of the Employee's employment beyond the expiration of the Term shall constitute an employment at will and shall not extend the terms of this Agreement.
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Employment, Acceptance and Term. The Company hereby employs the Employee in a senior management position with the Company and the Employee hereby accepts such employment with the Company on the terms set forth in this Agreement for the Contract Employment Period unless sooner terminated pursuant to the provisions of Sections 7 or 8 of this Agreement or upon the Employee's death (the "Employment Term").
Employment, Acceptance and Term. The Company hereby employs Executive, and Executive hereby accepts employment with the Company, on the terms and conditions set forth herein. Executive’s employment with the Company will be “at will;” in other words, during any time, the Company may terminate Executive’s employment at any time, with or without reason and with or without notice, and Executive may resign at any time, with or without reason and with or without notice. As used herein, Term shall mean the period between the Effective Date and the effective date of termination of employment as provided herein or two years from the Effective Date, whichever occurs first. Upon written mutual acceptance at least 90 days prior to the second anniversary and thereafter on each anniversary of the Effective Date, the parties can renew this contract for one (1) year extensions.
Employment, Acceptance and Term. 1.1 Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ Executive, and Executive agrees to serve the Company as its Chief Executive Officer, reporting to the Company’s Board of Directors (“Board”), effective as of February 10, 2020 (the “Start Date”).
Employment, Acceptance and Term. The Company hereby employs Executive, and Executive hereby accepts employment with the Company, for a term commencing on the Effective Date and, unless sooner terminated in accordance with Paragraph 7 of this Agreement, continuing until March 17th, 2012 (the “Term”).
Employment, Acceptance and Term. 1.1 The Company hereby employs the Executive as President, Chief Executive Officer and Chairman of the Board of the Company. The Executive hereby accepts such employment and agrees to discharge the responsibilities of said office faithfully and to the best of his ability, and to perform such other duties and services of an executive, administrative and managerial nature in connection with the business and activities of the Company.
Employment, Acceptance and Term. 1.1 The Corporation hereby employs the Employee and the Employee hereby accepts employment from the Corporation for a term commencing January 1, 2000, and continuing through January 31, 2004 (the "Term").
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Employment, Acceptance and Term. The Corporation hereby employs the Employee and the Employee hereby accepts employment from the Corporation for a term of three years, commencing on the effective date of the initial public offering of Common Stock by the Company. The term of employment hereunder may be extended from time to time by such additional period or periods as shall be mutually agreed to in writing by the Corporation and the Employee.
Employment, Acceptance and Term. 1.1 The Corporation hereby employs the Employee and the Employee hereby accepts employment from the Corporation for a term continuing from the date hereof through August 1, 2002 (the "Term"). The Term may be extended from time to time by such additional. period or periods as shrill be mutually agreed to in writing by the Corporation and the Employee; provided that the Term shall be automatically extended for (i) an additional one-year period in the event that either the Corporation or the Employee fails on or before January 31, 2002 to give notice to the other of the intention not to extend the Term, and (ii) for subsequent one-year periods in the event that either the Corporation or the Employee fails to give notice of the termination of this Agreement at least six (6) months prior to the expiration of any such one-year period. As used herein "Term" shall include the initial ten-year period and such one-year extensions as may be provided hereunder.
Employment, Acceptance and Term. 1.1 Subject to the terms and conditions of this Agreement, the Company hereby agrees to employ the Executive and the Executive agrees to serve the Company, as the Chief Financial Officer and Vice President of Finance of the Company.
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