Common use of Agreement and Term Clause in Contracts

Agreement and Term. Subject to Executive’s full compliance with Section 2.2 and 2.3 hereof and subject to the provisions of Section 5 hereof, Executive’s employment under this Agreement shall begin as of the date first written above (the “Effective Date”); and shall continue until the third (3rd) anniversary date hereof (“Initial Term”), and thereafter shall automatically review for successive periods of one (1) year (each a “Renewal Term”), unless the Company and the Executive agree to new terms of employment one hundred twenty (120) days before the end of the Initial Term or applicable Renewal Term. The Initial Term and Renewal Term, if any, are referred to herein as the “Term.”

Appears in 4 contracts

Samples: Employment Agreement (Oak Street Health, Inc.), Employment Agreement (Oak Street Health, Inc.), Employment Agreement (Oak Street Health, Inc.)

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Agreement and Term. Subject to Executive’s full compliance with Section 2.2 and 2.3 hereof and subject to the provisions of Section 5 hereof, Executive’s employment under this Agreement shall begin as of the date first written above (the “Effective Date”); and shall continue until the third (3rd) anniversary date hereof (“Initial Term”), and thereafter shall automatically review for successive periods of one (1) year (each a “Renewal Term”), unless the Company and the Executive agree to new terms of employment one hundred twenty (120) days before the end of the Initial Term or applicable Renewal Term. The Initial Term and Renewal Term, if any, are referred to herein as the “Term.”

Appears in 2 contracts

Samples: Employment Agreement (Oak Street Health, Inc.), Employment Agreement (Oak Street Health, Inc.)

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