Term. This Agreement shall have an initial term of one year from the Effective Date and may be renewed for an unlimited number of successive one-year terms upon mutual consent of the parties. The Company (acting through the Independent Directors) will evaluate the performance of the Advisor annually before renewing this Agreement, and each such renewal shall be for a term of no more than one year. Any such renewal must be approved by the Independent Directors.
Term. Unless terminated at an earlier date in accordance with Section 5, [[Organization A:Organization]] term of Employee’s employment with [[Organization A:Organization]] under [[Organization A:Organization]] terms and conditions of this Agreement will be for [[Organization A:Organization]] period commencing on [[Organization A:Organization]] Effective Date and ending on [[Organization A:Organization]] two (2) year anniversary of [[Organization A:Organization]] Effective Date ([[Organization A:Organization]] “Initial Term”). On [[Organization A:Organization]] two (2) year anniversary of [[Organization A:Organization]] Effective Date, and on each succeeding one-year anniversary of [[Organization A:Organization]] Effective Date (each an “Anniversary Date”), [[Organization A:Organization]] Term shall be automatically extended until [[Organization A:Organization]] next Anniversary Date (each a “Renewal Term”), subject to termination on an earlier date in accordance with Section 5 or unless either Party gives written notice of non-renewal to [[Organization A:Organization]] other Party at least ninety (90) days prior to [[Organization A:Organization]] Anniversary Date on which this Agreement would otherwise be automatically extended that [[Organization A:Organization]] Party providing such notice elects not to extend [[Organization A:Organization]] Term; provided, however, that if a Change of Control (as defined in Section 6.5) occurs during [[Organization A:Organization]] Initial Term or during any Renewal Term then [[Organization A:Organization]] Term will expire on [[Organization A:Organization]] one-year anniversary of [[Organization A:Organization]] date of [[Organization A:Organization]] Change of Control. [[Organization A:Organization]] Initial Term together with any Renewal Terms is [[Organization A:Organization]] “Term.” If Employee remains employed by [[Organization A:Organization]] after [[Organization A:Organization]] Term ends for any reason, then such continued employment shall be according to [[Organization A:Organization]] terms and conditions set forth in this Agreement..
(bb) Term shall mean the Initial Term and the Renewal Term, if any, or, with respect to a particular service provided for hereunder, such shorter period as may be applicable to such service pursuant to the terms of this Services Agreement or the exercise of a Partys right of early termination as provided for herein.
EMPLOYMENT. The Company hereby re-appoints the Executive to the Position, and the Executive hereby accepts such re-appointment and employment with the Company subject to the terms and conditions set forth in this Agreement. Subject to earlier termination in accordance with Section 4 below, this Agreement shall continue in effect for a period of thirty-six (36) months commencing from the Effective Date (the “Initial Term”). Upon the expiration of the Initial Term or any Renewal Period (as hereafter described), the term of Executive’s employment under this Agreement shall automatically be extended for an additional thirty-six (36) month period (a “Renewal Period”), subject to earlier termination in accordance with Section 4 below, unless either the Company or the Executive notifies the other party in writing at least thirty (30) days prior to the expiration of the Initial Term or the then current Renewal Period that the Employment Period (as defined in Section 2) shall not be extended upon such expiration.
Term. This Agreement shall come into effect on the Effective Date. Unless otherwise terminated as provided in Section 9.2, this Agreement shall remain in force for a period of one year from the Effective Date (for the purpose of this Section 9 the "Initial Term"). This Agreement shall renew automatically in one (1) year increments after the Initial Term, with a revised list of Products based on the [[Organization A:Organization]]’s future novel cannabinoid extracts (each, a "Renewal Term" and, collectively with the Initial Term, the "Term"), for three (3) years, unless either party gives written notice to the other of its intention to not renew at least sixty (60) days prior to expiration of the Initial Term or the then applicable Renewal Term.
#[[Organization A:Organization]] shall notify you six (6) months prior to the expiration of the Term in writing if it intends to continue your employment beyond the expiration of the Term. If you are notified that [[Organization A:Organization]] does intend to continue your employment, then you agree that you shall negotiate exclusively with [[Organization A:Organization]] for the first 90 days following such notification. Nothing contained herein shall obligate [[Organization A:Organization]] to provide an increase to your compensation hereunder upon such renewal.
Term. The renewal term of this Agreement shall be the period beginning on the Effective Date and ending on December 31, 2021 unless terminated earlier pursuant to the terms of this Section 2 (the “Renewal Term”). This Agreement may be renewed for additional terms in such duration as the parties may mutually agree (each a “Renewal Term”). Absent mutually agreed renewal, this Agreement shall automatically terminate upon the expiration of the Renewal Term. The Renewal Term is referred to collectively herein as the “Term.” Upon expiration or termination of the Term under circumstances not involving Cause, death or Disability, Executive shall remain as an independent member of the Board.
Term. Unless earlier terminated pursuant to Section 4.02, this Agreement shall remain in effect from the Effective Date until May 31, 2021 (the Initial Period) and shall thereafter automatically be extended for successive three-year periods (each a Renewal Period) unless Newco provides written notice of non-renewal to Crestwood Midstream, or Crestwood Midstream provides written notice of non-renewal to Newco, in either case at least six (6) months prior to the end of the Initial Period or Renewal Period then in effect (as applicable).
Term of Employment. The Term of employment hereunder will commence on the Effective Date and terminate five (5) years from the Effective Date (the "Term"), unless terminated earlier pursuant to Section 5 of this Agreement. The Term shall automatically renew ("Renewal Term") for successive one year terms, unless written notification of non-renewal is provided by either party no less than 30 days prior to the expiration of the Term or the then current Renewal Term.
Exclusivity. Buyer agrees that, for the Initial Term or any Renewal Term(s) of this Agreement, Buyer will purchase the Hemp Extracts from Supplier provided that Supplier’s pricing for Hemp Extracts is competitive with other supplies of the same quality of Hemp Extracts and subject to the terms and conditions set forth herein. Nothing contained in this Agreement shall prohibit Supplier from selling any of its Hemp Extracts to any third parties.
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