Example ContractsClausesPlan Term
Plan Term
Plan Term contract clause examples

Term. The Executive will assume his new position as President on January 2, 2019 (the “Commencement Date”) and his position as CEO on the retirement of the current CEO and will continue at the Discretion of the Board of Directors. The Executive’s obligations and the Company’s rights under Sections 5, 6, 7 and 8 shall survive the expiration or earlier termination of this Agreement.

Term. This Plan shall be effective as of the Company’s fiscal year beginning July 1, 2019. This Plan amends and restates The Hain Celestial Group, Inc. 2015-2019 Executive Incentive Plan which originally became effective as of July 1, 2014 and provided for an original term covering awards granted through and including the fiscal year ended June 30, 2019.

TERM. The term of this Agreement shall commence as of the date of the Director’s appointment by the board of directors of the Company (in the event the Director is appointed to fill a vacancy) or the date of the Director’s election by the stockholders of the Company and shall continue until the Director’s removal or resignation.

Term. The term of this Agreement shall be from the date hereof until December 31, 2021 unless terminated sooner in accordance with Section 5 or Section 6 hereof, provided, however, that the term shall be automatically extended for an additional year on January 1, 2022 and on January 1 of each year thereafter, unless either party hereto gives written notice of an intention not to extend this Agreement (a “Non-Renewal Notice”) on or before September 30 of the then current year, in which case no further automatic extension shall occur and the term of this Agreement shall end on December 31 of such year.

Term. The term of this Agreement shall be a period commencing on the date of this Agreement and continuing through 12 months from the date hereof, unless terminated earlier pursuant to Section 8 below (the “Term”).

Term. The term of this Agreement (the “Term”) shall become effective as of the Effective Date and shall remain in effect until the earliest of:

Term. Subject to the terms hereof, Executive’s employment hereunder shall commence as of the date hereof and shall continue until terminated hereunder by either party.

Term. This Agreement shall continue to be in force until the earliest to occur of # the date on which IPN has received aggregate payments of the Adjusted Gross Revenue Sharing Percentage in an amount totaling One Million Dollars ($1,000,000), or # the date on which IPN receives payment resulting from a sale as provided in Section 4 below, or # the date on which the Parties, by mutual written consent, agree to terminate this Agreement.

Term. Each Bankers’ Acceptance shall be issued and shall mature on a Business Day. Each Bankers’ Acceptance shall have a term of 1, 2, or 3 months, shall mature no later than five (5) days prior to the Maturity Date, and shall be in form and substance reasonably satisfactory to the Canadian Lender which is accepting such Bankers’ Acceptance.

Term. The Term of Executive’s employment under the Agreement shall commence on the First Amendment Effective Date, and shall continue, unless sooner terminated, until May 31, 2022. The Term and any further extension that may be mutually agreed upon by the Company and Executive are subject to early termination as provided elsewhere herein. Upon expiration of the Term, Executive shall be deemed an at-will employee of Company, and the terms and conditions of this Agreement, including any entitlement in separation benefits, shall terminate, except for those terms that expressly survive the Extended Term or termination of employment.

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