After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue on a month-to-month basis and you shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on 60 days written notice delivered to the other party (which notice may be delivered by either party at any time on or after the date which is 60 days prior to the Term Date). If the Company shall terminate the term of employment on or after the Term Date for any reason (other than for cause as defined in Section 4.1, in which case Section 4.1 shall apply), which the Company shall have the right to do so long as no Disability Date (as defined in Section 5) has occurred prior to the delivery by the Company of written notice of termination, then such termination shall be deemed for all purposes of this Agreement to be a “termination without cause” under Section 4.2 and the provisions of Sections 4.2.1 and 4.2.2 shall apply.
After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue on a month-to-month basis and you shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on 30 days written notice delivered to the other party (which notice may be delivered by either party at any time on or after the date which is 30 days prior to the Term Date). If the Company shall terminate the term of employment on or after the Term Date for any reason (other than for cause as defined in Section 4.1, in which case Section 4.1 shall apply), then you shall receive any unpaid award under Section 3.4 which has been determined but not yet paid, Base Salary through the effective date of termination, and a severance payment in the amount of 12 months salary from the effective date of termination "Severance Term Date". At the end of the 30-day notice period provided for in the first sentence of this Section 4.3, the term of employment shall end and you shall cease to be an employee of the Company and you shall have no further obligations or liabilities to the Company whatsoever, except that Sections 8.1, 8.2, 9, 11, and Annex A, shall survive such termination and the Company shall be bound to pay any compensation agreed to and owed under the terms of this Agreement.
After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue and the Executive shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on 60 days written notice delivered to the other party (which notice may be delivered by either party at any time on or after the date which is 60 days prior to the Term Date). If the Company shall
After the Term Date. If, at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue on a month-to-month basis and you shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on ninety (90) days written notice delivered to the other party (which notice may be delivered by either party at any time on or after the date which is ninety (90) days prior to the Term Date). If the Company shall terminate the term of employment on or after the Term Date for any reason (other than for cause as defined in Section 4.1, in which case Section 4.1 shall apply), then (i) the Company shall pay you any Accrued Obligations and a pro rata portion of your Average Annual Bonus through the Effective Termination Date; (ii) all your outstanding unvested options and any outstanding grants of restricted stock units and other equity-based awards (other than performance-based awards) shall vest on your last day of employment, your restricted stock units shall be settled within sixty (60) days of such date, and your options shall remain exercisable for five (5) years following your last day of employment (but not beyond the end of their original term); and (iii) PublicCo will issue or transfer to you as soon as practicable (but in no event more than sixty (60) days following the Effective Termination Date) a number of shares of PublicCo common stock underlying any outstanding and unvested PublicCo performance-based awards as of the Effective Termination Date, with such payout to be determined based on actual performance for the portion of the performance period that ends on the Effective Termination Date and deemed performance at the target level for the remaining portion of the performance period. The compensation payable pursuant to clause (i) of the preceding sentence of this Section 4.3 shall be paid to you at the times set forth in Section 4.6.
After the Term Date. At least 120 days prior to the Term Date, the Company and the Executive shall commence discussions regarding a renewal or extension of this Agreement on terms and conditions mutually agreeable to the parties. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue and the Executive shall continue to be employed by the Company pursuant to the then applicable terms of this Agreement, subject to termination by either party hereto on 60 days written notice delivered to the other party (which notice may be delivered by either party at any time on or after the date which is 60 days prior to the Term Date). If the Company shall terminate the term of employment on or after the Term Date for any reason (other than cause as defined in Section 4.1, in which case Section 4.1 shall apply) which the Company shall have the right to do so long as no Disability Date (as defined in Section 5) has occurred prior to the delivery by the Company of written notice of termination, then in lieu of the provisions of Section 4.2, the Executive shall be entitled to receive Base Salary and deferred compensation through the effective date of such termination and a pro rata bonus for the year in which such termination occurs calculated as provided in Section 4.2.1 and shall remain an employee of the Company
After the Term Date. If the Participant’s Employment with Time Inc. and its Affiliates terminates after the Term Date due to a termination by Time Inc. or an Affiliate other than pursuant to Section 4.1 of the Employment Agreement, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) five (5) years following the date of such termination and (B) the Expiration Date;
After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed in writing to an extension or renewal of this Agreement or on the terms of a new written employment agreement, then the term of employment shall continue and the Executive shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on 90 days written notice delivered to the other party. Such 90-day notice may be given by either party on or after October 1, 1999 so that the term of employment may end on the Term Date or any date thereafter. If the Executive shall terminate this Agreement on or after the Term Date, then the Executive shall receive Base Salary, deferred compensation and a pro rata annual bonus through the effective date of termination with the pro rata annual bonus being equal to the portion of the average of the regular annual bonus amounts (excluding the amount of any special or spot bonuses) in respect of the two calendar years immediately preceding the calendar year in which such termination occurs based on the number of whole or partial months in such year prior to the date of termination. If the Company shall terminate the term of employment (other than those provisions that specifically survive such termination) on or after the Term Date for any reason (other than cause as defined in Section 4.1, in which case Section 4.1 shall apply), which the Company shall have the right to do so long as no Disability Date (as defined in Section 5) has occurred prior to the delivery by the Company of written notice of termination, then in lieu of the provisions of Section 4.2, the Executive shall be entitled to elect by delivery of written notice to the Company, within 30 days after such notice of termination is given, either (A) to cease being an employee of the Company and receive a lump sum payment (and credits) as provided in Section 4.3.2 or (B) remain an employee of the Company for a period of twelve months pursuant to Section 4.3.3 and receive the payments (and credits) provided in Section 4.3.3. After the Executive makes such election, the following provisions shall apply:
After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed in writing to an extension or renewal of this Agreement or on the terms of a new written employment agreement, then the term of employment shall continue and the Executive shall continue to be employed by the Company pursuant to the terms of this Agreement, subject to termination by either party hereto on 90 days written notice delivered to the other party. Such 90-day notice may be given by either party on or after October 1, 2004 so that the term of employment may end on the Term Date or any date thereafter. If this Agreement shall be terminated on or after the Term Date for any reason (other than by the Company for cause as defined in Section 4.1, in which case Section 4.1 shall apply), then the Executive shall receive Base Salary through the effective date of termination. At the end of the 90-day notice period provided for in the first sentence of this Section 4.4, the term of employment shall end and the Executive shall cease to be an employee of the Company and the Executive shall have no further obligations or liabilities to the Company whatsoever, except that Sections 3.8, 4.6 and 4.8 and Sections 6 through 12 and Annex A shall survive such termination.
After the Term Date. If at the Term Date, the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to an extension or renewal of this Agreement or on the terms of a new employment agreement, then the term of employment shall continue in six-month increments and you shall continue to be employed by AMLH pursuant to the terms of this Agreement, subject to termination by either party hereto on 60 days written notice. If AMLH shall terminate the term of employment on or after the Term Date for any reasons (other than for cause as defined in Section 4.1), which AMLH shall have the right to do so long as no Disability Date has occurred prior to the delivery by AMLH of written notice of termination, then such termination shall be deemed for all purposes to be a "termination without cause" under Section 4.2 and the provision of Section 4.2.1 shall apply.
After the Term Date. If at the Term Date (or any Subsequent Term Date (as defined below)), the term of employment shall not have been previously terminated pursuant to the provisions of this Agreement, no Disability Period is then in effect and the parties shall not have agreed to the terms of a new employment agreement, then this Agreement shall be automatically renewed for an additional five year term (the fifth anniversary of the effective date of such term, the "Subsequent Term Date"), and you shall continue to be employed by the Company pursuant to the terms of this Agreement unless either party provides the other party with written notice of its intention not to renew this Agreement at least ninety (90) days prior to the Term Date (or Subsequent Term Date, as applicable).
