Example ContractsClausesagreement termVariants
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Term of Agreement. The period during which this Agreement shall be in effect (the “Term”) shall be the period commencing on [Date] (the “Effective Date”) through the close of business on the second anniversary of the Effective Date; provided, however, that the Term shall be automatically renewed for successive one-year periods unless either party hereto gives written notice of non-renewal to the other party at least sixty (60) days prior to the expiration of the then current Term; and provided further, that if a Change in Control has occurred prior to expiration of the then current Term, the Term shall continue until the date that is twenty-four (24) months after such occurrence of a Change in Control. The foregoing notwithstanding, if you remain employed with the Company at the end of the Protected Period (as defined below), the Company's obligations under Section 3(g) (and related provisions) will continue during the defined "Extended Protection Period" after the end of the Protected Period.

Term of Agreement. The period during whichterm of this Agreement shall be in effect (the “Term”) shall be the period commencing on [Date] (the “Effective Date”) through the close of businesscommence on the secondEffective Date and shall continue in effect until the third anniversary of the Effective Date; provided, however, that commencing on the second anniversary of the Effective Date and on each anniversary thereafter, the Term of this Agreement shall automatically be extended for one (1) year unless either the Company or the Executive shall have given written notice to the other at least ninety (90) days prior thereto that the Term of this Agreement shall not be so extended; and provided, further, however, that notwithstanding any such notice by the Company not to extend, the Term shall be automatically renewed for successive one-year periods unless either party hereto gives written notice of non-renewal to the other party at least sixty (60) daysnot expire prior to the expirationsecond anniversary of the then current Term; and provided further, that if a Change in Control has occurredthat occurs prior to expiration of the then current Term, the Term shall continue until the date that is twenty-four (24) months after such occurrence of a Change in Control. The foregoing notwithstanding, if you remain employed with the Company at the end of the Protected Period (as defined below), the Company's obligations under Section 3(g) (and related provisions) will continue during the defined "Extended Protection Period" after the end of the Protected Period. Term.

Term of Agreement. The period during which thisThis Agreement shall be in effect (the “Term”) shall becommence on the period commencing on [Date]date hereof (the “Effective Date”) throughand shall continue until the close of business ondate that is the secondthird anniversary of the Effective Date; provided, however, that the Termterm of this Agreement shall automatically be automatically renewedextended for successive one-one additional year periodson each anniversary, unless either party hereto gives written notice of non-renewal to the other party at least sixty (60)30 days prior to such anniversary, the expirationCompany, with approval of the then current Term;Board of Directors, or Executive shall have given notice that this Agreement shall not be extended; and provided further, that ifthat, notwithstanding the delivery of any such notice, this Agreement shall continue in effect for a period of thirty‑six (36) months after a Change in Control has occurred prior to expiration of the then current Term, the Term shall continue until the date that is twenty-four (24) months afterCompany, as defined in Section 1 herein, if such occurrence of a Change in Control. The foregoing notwithstanding, if you remain employed with the Company at the end of the Protected Period (as defined below), the Company's obligations under Section 3(g) (and related provisions) will continueControl shall have occurred during the defined "Extended Protection Period" afterterm of this Agreement, as it may be extended; and provided that in any event this Agreement shall expire upon the end of the Protected Period. Executive’s sixty‑fifth (65th) birthday.

Term of Agreement. The period during which this AgreementTerm shall be in effect (the “Term”) shall bemean the period commencing on [Date] (the “Effective Date”) through the close of businesstime beginning on the secondEffective Date and ending on the third anniversary of the Effective Date; provided, however, thatDate. The Term may be extended by the mutual agreement of the parties. Furthermore, the Term shall be automatically renewed for successive one-year periods unless either party hereto gives written notice of non-renewal to the other party at least sixty (60) days prior to the expiration of the then current Term; and provided further, that ifextended upon a Change in Control has occurred prior(that occurs within the Term) to expiration of the then current Term, the Term shall continue until the date that is twenty-four (24) months after such occurrence of a Change in Control. The foregoing notwithstanding, if you remain employed with the Company at the end of the Protected Period (as defined below), the Company's obligations under Section 3(g) (and related provisions) will continue during the defined "Extended Protection Period" after the end of the ProtectedChange in Control Period.

TermTerm. This Agreement shall commence on the Effective Date and shall continue in effect through ; provided, however, that commencing on ; and each January 31, thereafter, the term of Agreement. The period during which this Agreement shall automatically be in effect (the “Term”) shall be the period commencing on [Date] (the “Effective Date”) through the close of business on the second anniversaryextended for one (1) additional year unless, not later than October 31 of the Effective Date; provided, however, thatpreceding year, the TermCompany or the Executive shall be automatically renewed for successive one-year periods unless either party hereto giveshave given written notice of non-renewalnot to the other party at least sixty (60) days prior to the expiration of the then current Term; and providedextend this Agreement; provided, further, thathowever, if a Change of Control of the Company shall have occurred during the initial or extended term of this Agreement, this Agreement shall continue in effect for a period of 24 months beyond the month in which such Change of Control has occurredof the Company occurred. Notwithstanding anything herein to the contrary this Agreement shall terminate upon the Executive ceasing to be an executive of the Company prior to expirationa Change of Control of the then current Term,Company (other than any such cessation which the Term shall continue until the date that is twenty-four (24) months after such occurrenceExecutive reasonably demonstrates occurred under circumstances described in [clause (i) or (ii) of a Change in Control. The foregoing notwithstanding, if you remain employed with the Company at the end of the Protected Period (as defined below), the Company's obligations under Section 3(g) (and related provisions) will continue during the defined "Extended Protection Period" after the end of the Protected Period. 1.d.(3)(B)] hereof).

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