Example ContractsClausesExpiration of Term
Expiration of Term
Expiration of Term contract clause examples

Expiration of Term. This Agreement and Executive’s employment hereunder shall automatically terminate upon the expiration of the Term, provided that in such event the Company shall be obligated to pay Executive the Earned Vested and Unvested Long Term Bonus Payments (as defined below).

Expiration of Royalty Term. On a Licensed Product-by-Licensed Product and country-by-country basis in the Net Sales Territory, upon expiration of the Royalty Term with respect to such Licensed Product in such country in the Net Sales Territory, GSK will have a non-exclusive, fully-paid, royalty-free right and license, with the right to grant sublicenses, under the ITEOS Technology, to continue to make, have made, use, sell, offer to sell and import such Licensed Product in the Field in such country in the Net Sales Territory.

Term; Expiration. The term of this Agreement (the “Term”) shall become effective as of the Effective Date and shall continue in full force and effect, unless earlier terminated pursuant to the rest of this ARTICLE 15, until:

Expiration of Term. On the Expiration Date, the unexercised Options shall be canceled automatically.

Term; Expiration. This Agreement shall become effective as of the Effective Date and shall continue in full force and effect until expiration as described in this [Section 11.1] (Term; Expiration), unless earlier terminated pursuant to [Section 11.2] (Termination for Cause), ​, [Section 11.4] (Termination for Insolvency), or [Section 11.5] (Termination for Patent Challenge) (the "Term"), and shall expire as follows:

Expiration of Term. Executive’s employment under this Agreement shall terminate automatically on and as of the expiration date of the Term (whether that is at the end of the Original Term or any Renewal Period), unless the parties shall have executed a written agreement of renewal as contemplated in Section 4 hereof.

Expiration of Term. On the last day of the Employment Term. In the event of a termination pursuant to this subparagraph, the Executive shall be entitled to receive the amount of annual Base Pay provided for in paragraph 2 hereof prorated through the last day of the Employment Term and any incentive compensation earned through such date.

Expiration of Term. Executive’s employment under this Agreement shall terminate automatically on and as of the expiration date of the Term (whether that is at the end of the Original Term or any Renewal Period), unless the parties shall have executed a written agreement of renewal as contemplated in Section 4 hereof.

Expiration of Term. Executive’s employment under this Agreement shall terminate automatically on and as of the expiration date of the Term (whether that is at the end of the Original Term or any Renewal Period), unless the parties shall have executed a written agreement of renewal as contemplated in Section 4 hereof.

Expiration of Term. Upon the expiration of the Term, the Company’s sole obligation to Executive under this Agreement shall be for the Company to # pay to Executive the amount of any Base Salary earned but not yet paid to Executive, prior to the date of such expiration, # reimburse Executive for any expenses incurred by Executive through the date of expiration, in accordance with [Section 2.02, and (iii)])], pay to Executive the amount of Earned Vested and Unvested Long Term Bonus Payments.

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