Example ContractsClausesEffective Date; Term
Effective Date; Term
Effective Date; Term contract clause examples
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Effective Date and Term. The commencement date of this Agreement shall be as of January 1, 2020 (the “Commencement Date”). Subject to the provisions of Section 6, the term of Executive’s employment hereunder shall be three (3) years from the Commencement date through December 31, 2022, and shall be automatically extended for an additional one (1) year period unless either the Executive or the Employer gives written notice one (1) year prior to the Expiration Date of such party’s election not to extend the terms of this Agreement (the “Term”). The last day of the Term is herein sometimes referred to as the “Expiration Date.”

Effective Date and Term. The commencement date of this Agreement shall be as of April 2, 2018 (the “Commencement Date”). Subject to the provisions of Section 6, the term of Executive’s employment hereunder shall be two (2) years from the Commencement date, and shall be automatically extended for an additional one (1) year period unless either the Executive or the Employer gives written notice 30 days prior to the Expiration Date of such party’s election not to extend the terms of this Agreement (the “Term”). The last day of the Term is herein sometimes referred to as the “Expiration Date.”

Effective Date. Employee understands that this Agreement shall be null and void if not executed by him within twenty-one (21) days. Each Party has seven (7) days after that Party signs this Agreement to revoke it. This Agreement will become effective on the eighth (8th) day after Employee signed this Agreement, so long as it has been signed by the Parties and has not been revoked by either Party before that date (the “Effective Date”).

Effective Date. Executive has seven days after Executive signs this Agreement to revoke it and this Agreement will become effective on the eighth day after Executive signed this Agreement, so long as it has been signed by the Parties and has not been revoked by Executive before that date.

Effective Date. The effective date of this Note shall be the date that Bank has accepted this Note and all conditions to the effectiveness of the Credit Agreement have been fulfilled to Bank’s satisfaction. Notwithstanding the occurrence of the effective date of this Note, Bank shall not be obligated to extend credit under this Note until all conditions to each extension of credit set forth in the Credit Agreement have been fulfilled to Bank's satisfaction.

Effective Date. This Agreement shall not become effective until the eighth (8th) day after the Employee signs, without revoking, this Agreement (“Effective Date”). No payments due to the Employee under this Agreement shall be made or begin before the Effective Date.

Effective Date. The Plan shall become effective as of the date on which the Board adopts the Plan (the “Effective Date”). The Plan shall be ratified by the shareholders of the Company by written resolutions or at a meeting duly held in accordance with the applicable provisions of the Company’s Memorandum of Association and Articles of Association within 12 months of the Effective Date.

Effective Date. The effective date of this Agreement is the date on which the Company publicly announces the executive transition (the “Effective Date”).

Effective Date. This Agreement will take effect on the first day following the expiration of the Revocation Period, provided that you choose not to revoke it.

Effective Date. Executive has seven business days after Executive signs this Agreement to revoke it and this Agreement will become effective upon the expiration of such seven business day period, so long as it has been signed by the Parties and has not been revoked by Executive before that date.

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