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Term of the Agreement
Term of the Agreement contract clause examples
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Term of Agreement. This Agreement shall expire, and the Employee will have no rights hereunder, on ​ or on each anniversary thereof if and only if the Board provides written notice to the Employee of such expiration at least 90 days prior to ​ or the applicable anniversary thereof; provided, however, that, notwithstanding the foregoing, the Board shall not be authorized to cause this Agreement to expire, and this Agreement shall not expire, on or after the date of a Change of Control. Notwithstanding anything in this Agreement to the contrary, if this Agreement is in effect immediately prior to a Change of Control, thereafter this Agreement shall remain in effect for not less than two years following the date of such Change of Control.

Term of Agreement. The term of this Agreement shall be for two (2) years, commencing on the Effective Date, and automatically renewing thereafter on each two (2)-year anniversary of the Effective Date (each, a “Renewal Date”) for successive terms of two (2) years each, unless notice of nonrenewal is provided by the Company not less than sixty (60) days prior to a Renewal Date (theFinal Renewal Date”), in which case the term of this Agreement shall expire two (2) years from the Final Renewal Date.

Term of Agreement. This Agreement shall commence on the Effective Date and shall terminate on December 31, 2030, unless terminated earlier or extended in accordance herewith (theTerm”); provided, however, that in the event that prior to December 31, 2030 either the Executive or the Board of Directors of [[Company:Organization]] (theBoard”) determines that the Executive shall no longer serve as Executive Chairman, Executive Chairman shall become the Chairman Emeritus of the Board subject to the terms and conditions stated herein and the Term of this Agreement shall end on the first anniversary of Executive’s death; provided that any Company obligation not satisfied by such date shall survive the termination of this Agreement.

Term of Agreement. This Agreement shall be effective upon the execution by the parties, and shall remain in effect until the date Executive’s employment by the Company is terminated; provided, however, that if Executive experiences an Involuntary Termination of Employment, the term shall continue in effect until all payments and benefits have been made or provided to Executive under this Agreement.

TERM OF AGREEMENT. This Agreement shall be effective as of the Effective Date and, subject to the provisions of [Sections 3 and 9(l)], shall terminate on the date of the Executive’s termination of employment with the Company for any reason. Upon execution of this Agreement, the Executive hereby waives the right to receive any payments or awards under the Prior Agreement and the Prior Agreement shall be superseded by this Agreement and shall be of no further force or effect. Any payments made to the Executive under this Agreement shall be first used to satisfy any obligations the Company may have to the Executive under the Worker Adjustment and Retraining Act of 1988 or similar statutes or regulation of any jurisdiction relating to any plant closing or mass lay-off or as otherwise required by law.

Term of Agreement. The term of this Agreement (theTerm”) will commence on the Effective Date and continue until expiration of the later of expiration or termination of all payment obligations of Ono accruing prior to the effective date of early termination under this Agreement or expiration of the Royalty Term for all Products licensed hereunder, unless earlier terminated as provided below.

Term of Agreement. This Agreement shall terminate upon the date that all obligations of the parties with respect to this Agreement have been satisfied.

Term of Agreement. This Agreement will terminate upon the date that all of the obligations of the parties hereto with respect to this Agreement have been satisfied.

Term of Agreement. This Agreement shall become effective on the date of this Agreement and, unless earlier terminated pursuant to the provisions of the Agreement, shall continue through the close of business on December 31, 2022 (theTerm”). Unless continued on an “at-will” basis by Employer or any other Related Company or pursuant to another agreement, Executive’s employment shall terminate upon the termination of this Agreement for any reason.

Term of Agreement. This Agreement was originally effective commencing on June 1, 2002 (the original effective date of this Agreement). This Agreement shall, as of its first anniversary, and on each annual anniversary thereof, be extended automatically, without further action by the Employee or the Company, for an additional one year, so that there shall, as of June 1 of each year, be one year remaining in the term of this Agreement (the "Employment Period"), unless the Company gives written notice to the Employee of its decision to not renew the Agreement at least 30 days prior to the applicable anniversary date and subject to earlier termination as otherwise hereinafter provided. The amendment and restatement of this Agreement is effective September 7, 2018 (theEffective Date”).

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