Common use of Term and Termination of Employment Clause in Contracts

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee for a three-year period beginning on the Effective Date, and thereafter automatically extend the term of this Agreement for successive one-year periods unless and until such time as either party shall give written notice to the other at least 15 days prior to the expiration of the then current term that no such automatic extension shall occur, in which event Employee's employment shall terminate on the expiration of the then current term.

Appears in 6 contracts

Samples: Employment Agreement (Investools Inc), Employment Agreement (Investools Inc), Employment Agreement (Investools Inc)

AutoNDA by SimpleDocs

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee for a three-year period beginning on the Effective Date, and thereafter automatically extend the term of this Agreement for successive one-year periods unless and until such time as either party shall give written notice to the other at least 15 days prior to the expiration of the then current term that no such automatic extension shall occur, in which event Employee's ’s employment shall terminate on the expiration of the then current term.

Appears in 4 contracts

Samples: Employment Agreement (Investools Inc), Employment Agreement (Investools Inc), Employment Agreement (Investools Inc)

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee This Agreement is for a three-three (3) year period beginning commencing on the Effective DateStart Date (the “Term”); provided, and however, that the Term shall be thereafter automatically extend the term extended for an unlimited number of this Agreement for successive additional one-year periods unless and until such time as either party shall give written notice to the other unless, at least 15 120 days prior to before the then scheduled expiration of the then current term Term, Employee notifies Company, or Company notifies employee, that no such automatic extension the Term shall occurnot so extend. Notwithstanding the foregoing, the Term (and hence Executive’s employment herender) may be earlier terminated in which event Employee's employment shall terminate on the expiration of the then current termaccordance with this Section 4.

Appears in 1 contract

Samples: Employment Agreement (PharMerica CORP)

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee for a threetwo-year period beginning on the Effective Date, and thereafter automatically extend the term of this Agreement for successive one-year periods unless and until such time as either party shall give written notice to the other at least 15 days prior to the expiration of the then current term that no such automatic extension shall occur, in which event Employee's employment shall terminate on the expiration of the then current term.

Appears in 1 contract

Samples: Employment Agreement (Telescan Inc)

AutoNDA by SimpleDocs

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee This Agreement is for a three-three (3) year period beginning commencing on the Effective DateStart Date (the "Term"); provided, and however, that the Term shall be thereafter automatically extend the term extended for an unlimited number of this Agreement for successive additional one-year periods unless and until such time as either party shall give written notice to the other unless, at least 15 120 days prior to before the then scheduled expiration of the then current term Term, Employee notifies Company, or Company notifies employee, that no such automatic extension the Term shall occurnot so extend. Notwithstanding the foregoing, in which event Employeethe Term (and hence Executive's employment shall terminate on the expiration of the then current termherender) may be earlier terminated in accordance with this Section 4.

Appears in 1 contract

Samples: Employment Agreement (PharMerica CORP)

Term and Termination of Employment. Section 2.1 Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Employee for a threeone-year period beginning on the Effective Date, and thereafter automatically extend the term of this Agreement for successive one-year periods unless and until such time as either party shall give written notice to the other at least 15 days prior to the expiration of the then current term that no such automatic extension shall occur, in which event Employee's employment shall terminate on the expiration of the then current term.

Appears in 1 contract

Samples: Employment Agreement (Telescan Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.