Common use of Initial Term and Renewal Clause in Contracts

Initial Term and Renewal. The initial term of this Agreement (“Initial Term”) shall be five (5) years from the date hereof. After the Initial Term, this Agreement shall renew automatically for consecutive six month terms, otherwise on the same terms and conditions; except, after the Initial Term, either Company or Employee may terminate this Agreement without Cause by providing to the other party two weeks’ written notice of termination at any time. The Initial Term and any Renewal Terms may be collectively referred to in this Agreement as “Term”.

Initial Term and Renewal. The initial term of this Agreement (“Initial Term”) shall be for a period of five (5) years from commencing on the date hereof. After Effective Date (the “Initial Term”), unless terminated earlier pursuant to the provisions of Section 4.3 of this Agreement shall renew automatically for consecutive six month termsAgreement, otherwise on the same terms and conditions; except, after the Initial Term, unless either Company or Employee may terminate this Agreement without Cause by providing party gives written notice to the other party two weeks’ written notice of termination at least ninety (90) days prior to any timeExpiration Date that the Agreement is not being renewed and shall terminate on that Expiration Date. The Initial Term and any Renewal Terms may each successive one year period thereafter during which Employee shall perform services pursuant to this Agreement shall be collectively referred to in this Agreement herein as the “Term.”.

Initial Term and Renewal. The Parties agree that the initial term of this Agreement is a period of two (2) years from the Effective Date (the “Initial Term”). This Agreement shall automatically renew for another one (1) shall be five (5) years from year period at the date hereof. After end of the Initial Term and each year thereafter (the “Renewal Term”), this Agreement shall renew automatically for consecutive six month terms, otherwise on the same terms and conditions; except, after the Initial Term, either unless Client or Company or Employee may terminate this Agreement without Cause by providing to gives the other party two weeks’ advance written notice of termination at any time. The Initial no less than sixty (60) days prior to the start of a new Renewal Term (and any Renewal Terms may be collectively referred to in this Agreement as “Term”Client gives Company an address for delivery of the Deposits).

Initial Term and Renewal. The initial term of this Agreement (“Initial Term”) shall be for a period of five (5) years from commencing on the date hereof. After Effective Date (the “Initial Term”), unless terminated earlier pursuant to the provisions of Section 4.3 of this Agreement shall renew automatically for consecutive six month terms, otherwise on the same terms and conditions; except, after the Initial Term, or unless either Company or Employee may terminate this Agreement without Cause by providing party gives written notice to the other party two weeks’ written notice of termination at least ninety (90) days prior to any timeExpiration Date that the Agreement is not being renewed and shall terminate on that Expiration Date. The Initial Term and any Renewal Terms may each successive one year period thereafter during which Employee shall perform services pursuant to this Agreement shall be collectively referred to in this Agreement herein as the “Term.”.