Common use of Additional Period Clause in Contracts

Additional Period. The Company shall have the irrevocable option to ----------------- extend the Term of this Agreement following the termination of the Initial Period for an additional two year period (the "Additional Period"), upon the same terms and conditions as during the Initial Period. Such option is exercisable by written notice sent on or before March 29, 2000.

Appears in 1 contract

Sources: Employment Agreement (Iwerks Entertainment Inc)

Additional Period. The Company shall have the irrevocable option to ----------------- extend the Term of this Agreement following the termination of the Initial Period for an additional two year period (the "Additional Period"), upon the same terms and conditions as during the Initial Period. Such option is exercisable by written notice sent on or before March 29August 19, 2000.

Appears in 1 contract

Sources: Employment Agreement (Iwerks Entertainment Inc)

Additional Period. The Company shall have the irrevocable option to ----------------- extend the Term of this Agreement following the termination of the Initial Period for an additional two year period (the "Additional Period"), upon the same terms and conditions as during the Initial Period. Such option is exercisable by written notice sent on or before March 29September 1, 2000.

Appears in 1 contract

Sources: Employment Agreement (Iwerks Entertainment Inc)