Example ContractsClausesFixed Term Employment
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A Participant employed under a Fixed Term Employment assignment (for example a Participant of the Workforce Share program) may be considered for an Award subject to the other terms and conditions of the Plan and in accordance with Applicable Laws and Policies, procedures, and year-end guidance.

Refer to Country Appendix

Employer hereby agrees to employ Employee, and Employee hereby agrees to serve Employer on a full-time basis as Vice President, Operational Excellence of the Employer, subject to the direction and control of the Chief Executive Officer of the Employer, through (the "Initial Term"). Thereafter the Agreement shall automatically renew for successive one (1) year terms commencing on July 1st of each year and end on June 30th of the next succeeding year (the "Renewal Term") unless otherwise terminated pursuant to [Section 1(b)] of this Agreement.

Employment Term. The Company shall employ Executive, and Executive hereby accepts such employment with the Company, upon the terms and conditions set forth in this Agreement, for the period commencing as of the Effective Date and continuing for two (2) years following the Effective Date (the “Initial Term”) unless extended or terminated as provided herein. This Agreement shall automatically renew at the end of Initial Term for an additional one (1) year period and, thereafter, for successive one (1) year periods (each a “Renewal Term”), unless written notice of nonrenewal is given by either party to this Agreement no less than 60 days prior to the Renewal Date (the Initial Term and each Renewal Term are referred to separately as the “Employment Period”). Additionally, the Employment Period # shall automatically terminate upon # Executive’s death, # the Board’s reasonable determination of Executive’s Disability, # may be terminated by the Company at any time for any or no reason by giving Executive written notice of such termination, or # may be terminated by the Executive with 60 days advance written notice to the Company. The date that the Employment Period terminates for any or no reason is referred to herein as the “Termination Date.”

The term of employment hereunder (the “Term”) shall commence on the date hereof (“Employment Commencement Date”) and shall continue for three years thereafter, unless earlier terminated in accordance with the terms of this Agreement. Notwithstanding any other termination provision of this agreement, the initial six months of the Term will be regarded as a probationary period (the “Probationary Period”). During the Probationary Period, either party may terminate this Agreement on a basis of “no-fault”. Should this occur, the Company will pay the Executive through the date of termination as provided under [Section 3(a)] below and all other benefits under this Agreement shall cease and the Executive shall not be entitled to any termination benefits including those provided for under [Sections 4-6]6].

Where the Participant was employed under a fixed-term contract, the expiry of the fixed-term, save if, in the view of Wells Fargo, they have been offered reasonable alternative employment or if their employment is terminated without Cause in circumstances other than the expiry of the fixed-term.

This Agreement shall automatically renew for additional one-year terms from January 1st to December 31st of each year (each, a "Renewal Term"), unless employment is earlier terminated in accordance with the terms set forth in Paragraph 5 of this Agreement. Notwithstanding the foregoing, either party may decide not to renew this Agreement for any Renewal Term by providing ninety (90) days advance written notice of such decision to the other parties. For purposes of this Agreement, the Initial Term and any Renewal Term(s) shall be collectively referred to herein as the "Term".

The Company hereby employs as its President and Chief Executive Officer, and hereby accepts said employment and agrees to render such services to the Company on the terms and conditions set forth in this Agreement for a term of three (3) years commencing on the Effective Date and terminating on , unless further extended or sooner terminated in accordance with the terms and conditions herein set forth.

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Corporation agrees to employ Employee and Employee agrees to be employed in the capacity of Chief Financial Officer for a term of three (3) years effective and terminating . Thereafter, the term of this Employment Agreement shall be automatically renewed and extended for successive one-year periods except that either party may, at least ninety (90) days prior to such expiration date or any anniversary thereof, give written notice to the other party electing that this Employment Agreement not be renewed or extended, in which event this Employment Agreement shall expire as of the expiration date or anniversary date, respectively.

Corporation agrees to employ Employee and Employee agrees to be employed in the capacity of President and Chief Executive Officer for a term of five (5) years, effective ("Effective Date") and terminating on the five (5) year anniversary of the Effective Date; provided, however, that this Agreement will be renewed automatically on and as of the first (1st) day of each calendar quarter after the Effective Date (i.e., each January 1, April 1, July 1, and October 1) for a period of five (5) years commencing on the date of the automatic renewal, unless Employee's employment is earlier terminated in accordance with the provisions of [Section 12] of this Agreement. The period during which Employee is employed with the Corporation under this Agreement, including all renewal periods, is referred to as the "Term."

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