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 , provided, that Executive shall have the right in his sole discretion to extend the term for an additional 12 months ending on , by notifying the Company in writing of such no later than , 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 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 three hundred sixty-five days (365) days prior to the end of the Initial Term (or the Extension Period, as applicable). For the avoidance of doubt, notice of non-renewal of this Agreement given at any other time shall be void and ineffective. Written notice of non-renewal by Employer shall be solely pursuant to a duly adopted resolution of Employer’s board of directors (the “Board”). Upon the date of expiration of the term of this Agreement, Employee shall cease to be employed and shall have no further rights, including but not limited to rights under [Section 8], or obligations hereunder, except obligations set forth in [Sections 3, 10 and 11]1]1].
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 term of the Employee's new employment agreement hereunder shall commence effective on and (except as otherwise provided in this Agreement) shall continue through 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 your employment hereunder shall commence on (the “Start Date”) and shall end on the earliest of # , # the date on which your employment is terminated by or you pursuant to paragraph 10 or # the date of your death or the date of termination of your employment by reason of incapacity (determined in accordance with paragraph 9) (the “Employment Term”). The period from the Start Date until , regardless of any earlier termination, shall hereinafter be referred to as the “Original Employment Term.”
Term. This OEM Agreement shall commence on the Effective Date and shall continue until terminated as provided in this [section 13].
Term. The term of this Agreement shall commence on the Effective Date and, unless earlier terminated as provided in this [Article 6], shall continue in full force and effect for fifteen (15) years thereafter (the Initial Term). After the Initial Term, this Agreement shall renew for successive three-year periods (the Initial Term and such period, the Term) unless either Party gives the other Party written notice of its desire to terminate the Agreement no less than sixty (60) days prior to the expiration of the Initial Term or any applicable successive period during the Term.
Term. All the rights and privileges afforded by this agreement, including the right to indemnification and the advancement of legal fees provided under this Agreement, shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity pertaining to an indemnifiable event even though Indemnitee may have ceased to serve in such capacity at the time of any Proceeding.
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. If the Board of Directors selects a Committee, the members of the Committee shall serve on the Committee for the period of time determined by the Board of Directors and shall be subject to removal by the Board of Directors at any time. The Board of Directors may terminate the function of the Committee at any time and resume all powers and authority previously delegated to the Committee.
Term. This Agreement commences on the Effective Date and shall, subject to any earlier termination pursuant to this [Section 12], expire on the later of the # end of the Research Term or # last to expire of any Legacy Royalty Term or Primary Royalty Term, provided that upon such expiration of this Agreement, # Legacy and its Affiliates shall have the perpetual, irrevocable fully-paid, royalty-free right, with rights of sublicense, to make, have made, use, sell, offer for sale, and import Viamet Derived Products in the Legacy Field and # Primary and its Affiliates shall have the perpetual, irrevocable fully-paid, royalty-free right, with rights of sublicense, to make, have made, use, sell, offer for sale, and import Primary Royalty Products in the Primary Field.
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