Example ContractsClausesTerm of the Executive’s Employment
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Unless otherwise stated in this Agreement, the term of this Agreement shall commence upon the Effective Date and continue in effect until the Effective Termination Date,

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Unless otherwise stated in this Agreement, the term of this Agreement shall commence upon the Effective Date and continue in effect until the Effective Termination Date, Executive represents and agrees that, for planning purposes, unless otherwise stated in this Agreement, Executive desires to be advised by whether Executive’s employment as a Managerial Employee would likely be continued or not, at least six months before the end of the Term either under the same terms as this Agreement, or under a new agreement, (“Advisory Opinion”).

Under this Agreement, the employs the Executive as a Managerial Employee. In the event that the Executive ceases to be employed as a Managerial Employee under the terms and conditions of this Agreement, this Agreement is terminated.

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 (theInitial 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 theEmployment 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 theTermination 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].

Employment Term. The Executive's term of employment by Titan under this Agreement will begin on the Effective Date and shall continue for a period of two (2) years, unless extended or terminated as provided herein (theEmployment Term”).

Term of Employment. Employment of CEO under this Agreement starts on the Effective Date and continues until the Expiration Date or the Termination Date, whichever is earlier. This Agreement continues until the payments under this Agreement have been made and the obligations have been discharged or fulfilled. CEO's employment will be annualized by fiscal year in which the CEO is employed (Current Period: year ; year ; and year ). For clarity: CEO's employment terminates on the Expiration Date or the Termination Date, whichever is earlier; the compensation provisions under [Section 3(a)] through [Section 3(f)] terminate when the compensation has been paid; [Section 5] continues until the payments under that section have been made which include payments under [Section 5(d)] continuing for 12 months after termination of CEO's employment with USPB for USPB Noncompetition Payments; [Section 6(a)] [Noncompetition Agreement] continues until 12 months after termination of CEO's employment with USPB; [Sections 6(b)] [Confidential Information] through [Section 6(e)] [Covenants], [Section 7] [Indemnification] and [Section 8] [Other Provisions] survive the Expiration Date or Termination Date.

Term of Employment. The Company hereby employs Employee as its Chief Executive Officer to perform the duties described in [Section 3] and Employee hereby accepts such employment by the Company, on the terms and conditions herein contained and subject to the policies and procedures adopted by the Company from time to time, for a term of one year commencing on (theTerm”).

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.

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