Example ContractsClausesRenewal
Renewal
Renewal contract clause examples

Renewal. If, as of the Effective Date, [[Organization C:Organization]] holds any outstanding undivided percentage ownership interests (each an “Existing Participation Interest”) in any Mortgage Loan purchased by [[Organization C:Organization]] from [[Organization B:Organization]] pursuant to a written mortgage warehouse agreement or similar written agreement executed by [[Organization C:Organization]] and [[Organization B:Organization]] prior to the Effective Date (as amended or modified from time to time, the

Renewal. A Participant who has revoked a Deferral Election may file a new Deferral Election to defer Compensation payable with respect to services performed or a performance period ending in the calendar year following the year in which such new Deferral Election is filed.

#[[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.

Renewal Premiums. The Ceding Company shall not accept additional premium in accordance with [Section 3.02] with respect to any tax sheltered Reinsured Policy, except as required by the express terms of such Reinsured Policy.

Non-Renewal. If the Company does not extend or renew this Agreement at the end of the Contract Period and you have not entered into a new contractual relationship with the Company, your continuing employment, if any, with the Company shall be “at-will” and may be terminated at any time by either party. If the Company terminates your employment during the twelve (12) month period commencing with the last day of the Contract Period while you are an employee at-will, the Company shall continue to pay your Salary (at the rate in effect on the date of termination) at the same time and in the same manner as if you had not terminated employment for the balance, if any, of such twelve (12) month period; provided, however, that # you shall not be entitled to such Salary continuation if the Company terminates your employment for reasons constituting Cause and # any such Salary continuation shall be subject to offset as set forth in [Section 11(d)] above, without giving effect to the twelve (12) month period referenced therein.

Renewal Term. Lessor hereby grants to Lessee the right to renew this Lease until December 23, 2023 for the base rent amount of Three Thousand Dollars and 59/100 ($3,000.59) per month (the “Option Term”). After the Option Term, this Lease shall automatically renew unless Lessee gives notice of termination as set forth in [Section 3.3] of this Lease (each a “Renewal Term” and collectively, the “Renewal Terms”). The terms and conditions for the Option Term and each Renewal Term shall be the same as for the Initial Term hereof, however the monthly rental payment shall be the rental payment then in effect, as adjusted pursuant to the procedure described in [Section 4.1] in this Lease.”

Non-Renewal. The Executive’s employment with the Company and the Period of Employment will terminate if the Period of Employment is not extended under [Section 1.3], with such termination to be effective at the end of the Period of Employment then in effect.

Renewal Option. The renewal option provided for in Article 22 of the Lease (as added to the Lease by Paragraph 7 of the Fifth Amendment) shall apply to the entire premises covered by the Lease (which is the Existing Premises, the Additional Third Floor Premises plus the Additional Fourteenth Floor Premises) and may not be exercised for only a portion thereof.

Term; Renewal. This Agreement has a one-year term from the Effective Date and shall continue in full force until the first anniversary of the Effective Date. Thereafter, this Agreement may be renewed for an unlimited number of successive one-year terms upon mutual consent of the parties. It is the Board’s duty to evaluate the performance of the Advisor annually before reentering into or 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. If this Agreement is not renewed by either party, the notice provisions of Section 13.02 shall apply to such determination to not renew.

Non-Renewal of Employment Term. In the event that, # either party (you or the Company) provides a written notice that the Agreement will not be extended beyond December 31, 2026 and # your employment with the Company terminates upon the end of such Employment Term, and subject to your compliance with the obligations set forth in Sections 5, 7, 8, 9 and 100]0] of the Agreement and the timely satisfaction of the condition precedent in [Section 4(f)] of the Agreement, then:

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