Term. Subject to the Committee’s authority under Section 3(A) hereof, each Option and all rights and obligations thereunder shall expire on the date determined by the Committee and specified in the Award Agreement. The Committee shall be under no duty to provide terms of like duration for Options granted under the Plan. Notwithstanding the foregoing, no Option shall be exercisable after the expiration of ten (10) years from the date such Option was granted; provided, however, that if an Incentive Stock Option is granted to an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10% of the combined voting power of all classes of stock of the Company or any Subsidiary or Parent Corporation (within the meaning of Section 424(e) of the Code), the term of such Incentive Stock Option shall be no more than five years from the date of grant.
Term. No Stock Appreciation Right granted under this Plan may be exercised more than ten (10) years from the Grant Date.
Term. The actual term of this Lease as the same may be earlier terminated in accordance with this Lease, the “Term”) shall commence on the Term Commencement Date (as defined in Article 4) and end on the date (the “Term Expiration Date”) that is the last day of the one hundred twenty-seventh (127th) month after the Term Commencement Date, subject to any extension or earlier termination of this Lease as provided herein. TENANT HEREBY WAIVES THE REQUIREMENTS OF SECTION 1933 OF THE CALIFORNIA CIVIL CODE, AS THE SAME MAY BE AMENDED FROM TIME TO TIME.
Term. Subject to [Section 5B(i)] hereof, the term of each Warrant shall be fixed by the Committee, but no Warrant shall be exercisable more than ten (10) years after the date such Warrant is issued.
Term. This Agreement is effective as of the Effective Date and will continue in full force and effect until terminated in accordance with this Section 9 (the “Term”).
Term. Effective as of the Effective Date of this Agreement, Paragraph 42 of the Rider to the Original Lease and all other applicable provisions of the Original Lease are hereby modified and amended as follows:
Term. The purchase right represented by this Warrant is exercisable, in whole or in part, at any time and from time to time from the Date of Grant through the tenth anniversary of the Date of Grant.
Term. The term of this Agreement (the Term) shall commence on the Effective Date, and unless terminated earlier as provided in this Section 10, shall continue in full force and effect until the later of # the expiry of the last-to-expire Licensed Patent which has at least one Valid Claim Covering a Licensed Product or # ten (10) years from the date of First Commercial Sale of any Licensed Product in any country. Upon expiration of this Agreement, CERTAIN INFORMATION IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
Term. The term of employment under this Agreement shall commence on the Commencement Date and shall continue for three (3) years thereafter (such three-year period, the “Initial Term”) unless sooner terminated as contemplated herein; provided, however, that, unless sooner terminated as contemplated herein, beginning on the first day after the Initial Term and on every anniversary of such date thereafter (each a “Renewal Date”), the then-existing term of this Agreement shall automatically be renewed one additional year (any such renewal term, an “Extension Period”) unless either party gives the other written notice of non-renewal not less than
Term. The employment of Executive hereunder shall commence on the date hereof and end on August 31, 2023, provided, that Executive shall have the right in his sole discretion to extend the term for an additional 12 months ending on August 31, 2024, by notifying the Company in writing of such no later than June 1, 2023, subject in all respects to earlier termination upon the terms and conditions provided elsewhere herein. The term during which Executive is employed hereunder shall be referred to herein as the “Term”. As used herein, “Termination Date” means the last day of the Term.
Term. The term of this Agreement shall commence on November 8, 2013 and continue through September 10, 2019, unless terminated in whole or in part by either party upon not less than 10 days written notice.
Term. The term of this Agreement shall be from the date hereof until 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 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 existence of the Company commenced on the date a Certificate of Formation was filed with the office of the Secretary of State of Delaware under and pursuant to the Act and shall continue until the Company is dissolved pursuant to Section 12 of this Agreement.
Term. This Agreement will commence on the Effective Date and will terminate on the effective date of termination by either the Employee or the Company in accordance with [Section 4.2] of this Agreement.
Term. The Company hereby employs Executive, and Executive hereby accepts such employment, for a term (the “Term”) commencing on and continuing in effect until terminated by either the Company or Executive. Executive’s employment with the Company shall be “at will,” meaning that Executive’s employment may be terminated by the Company or Executive at any time for any reason. Any termination of the Term by the Company or Executive shall be effective as specified in a written notice from the terminating party to the other party; provided that the effective date specified in the written notice following Executive’s resignation shall not be less than 45 days after the date that written notice is provided by Executive to the Company, unless otherwise determined in the sole discretion of the Board of Directors (the “Board”) of the Company.
Term. This Agreement shall commence as of the Effective Date and the license grants contained in [Section 2] are perpetual, irrevocable and fully paid up.
Term. Unless terminated at an earlier date in accordance with [Section 5], term of Employee’s employment with under terms and conditions of this Agreement will be for period commencing on Effective Date and ending on two (2) year anniversary of Effective Date ( “Initial Term”). On two (2) year anniversary of Effective Date, and on each succeeding one-year anniversary of Effective Date (each an “Anniversary Date”), Term shall be automatically extended until 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 other Party at least ninety (90) days prior to Anniversary Date on which this Agreement would otherwise be automatically extended that Party providing such notice elects not to extend Term; provided, however, that if a Change of Control (as defined in [Section 6.5]) occurs during Initial Term or during any Renewal Term then Term will expire on one-year anniversary of date of Change of Control. Initial Term together with any Renewal Terms is “Term.” If Employee remains employed by after Term ends for any reason, then such continued employment shall be according to terms and conditions set forth in this Agreement..
Term. The term of the Employee's new employment agreement hereunder shall commence effective on May 4, 2017 and (except as otherwise provided in this Agreement) shall continue through June 30, 2017 and (except as otherwise provided in this Agreement) shall thereafter be automatically renewed for successive annual terms ending each June 30 unless either the Company or Employee gives notice of nonrenewal not less than 30 days prior to the end of the then current term (the "Employment Period").
Term. The term of this Agreement shall commence on January 1, 2017 (the "Effective Date") and end on December 31, 2018 (the "Expiration Date"), unless terminated earlier as provided herein. The period of time from the Effective Date through the Expiration Date or earlier termination of this Agreement is referred to herein as the "Term." The Term shall automatically end upon termination of [[Mr. Kanas:Person]]' services hereunder.
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.
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