Change in Term Sample Clauses

Change in Term. Section 3.1 of the Employment Agreement is hereby amended and restated in its entirety as follows.
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Change in Term. Effective on the Merger Date, the term of the Employment Agreement set forth in Section III of the Employment Agreement is amended to be a two-year, non-renewing term commencing on the Merger Date. Any renewal of the term of this Agreement must be in writing and executed by all parties to this Employment Agreement then in existence. At the end of that two-year Term, ▇▇▇▇▇▇ will become an employee at will and the term of the Employment Agreement shall end. Without limiting the foregoing, ▇▇▇▇▇▇ will not be entitled to a payment if the Employment Agreement, as amended by this Amendment, is not renewed.
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Change in Term. The "Expiration Date" under the 1999 Employment Agreement is extended until the second anniversary of the Effective Date, subject to earlier termination pursuant to Section 4 of the 1999 Employment Agreement. The Expiration Date shall be automatically postponed, and the Term shall be automatically extended, as provided and subject to the conditions in Section 2.1 of the 1999 Employment Agreement. Section 4.4(b) of the 1999 Employment Agreement is changed to read in its entirety as follows: (b) The Term may be terminated by the Executive by giving the Company a notice of termination at any time specifying a termination date no less than sixty (60) days after the date the notice is given, provided that no such notice of termination may take effect until after December 31, 2003."
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Change in Term. Notwithstanding Section 2.1 of the Management Agreement it is hereby agreed that the term of this Agreement shall be extended and shall end on December 31, 2009
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Change in Term. Section 6.1 of the Agreement is amended, to read in its entirety as follows:
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Change in Term. The "Expiration Date" under the Employment Agreement is extended until February 12, 2004, subject to earlier termination pursuant to Section 4 of the Employment Agreement.
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Change in Term. The first Paragraph of Article 7 of the Agreement shall hereafter be and read as follows: This Service Agreement shall become effective upon its execution, and shall under all circumstances, continue in effect in accordance with the Tariff until the expiration date of December 21, 2008. If the primary term of this Service Agreement shall be one year or more, then this Service Agreement shall continue in effect thereafter until extended or terminated accordance with Section 5 of Rate Schedule T-1. Shipper shall give Company not less than six (6) months prior written notice of Shipper's intent to terminate this Service Agreement. Service rendered pursuant to this Service Agreement shall be abandoned upon termination of this Service Agreement. Contract #: T1118 Amendment #2 NORTHERN BORDER PIPELINE COMPANY AMENDED EXHIBIT A TO U.S. SHIPPERS SERVICE AGREEMENT
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Related to Change in Term

  • Change in Terms We may change the terms and charges for the services shown in this Agreement and may amend this Agreement from time to time upon proper notice to You.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Change in Control Period “Change in Control Period” means the period of time beginning three (3) months prior to and ending twelve (12) months following a Change in Control.

  • Change of Control Period “Change of Control Period” means the period beginning on the date three (3) months prior to, and ending on the date that is twelve (12) months following, a Change of Control.

  • Change of Control/Change in Management (i) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than twenty five percent (25%) of the total voting power of the then outstanding voting stock of the Parent entitled to vote for the election of directors; (ii) During any period of 12 consecutive months, individuals who at the beginning of any such 12-month period constituted the Board of Directors (or equivalent body) of the Parent (together with any new directors whose election by such Board of Directors or whose nomination for election by the shareholders of the Parent was approved by a vote of a majority of the directors then still in office who were either directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute at least a majority of the Board of Directors (or equivalent body) of the Parent; or (iii) the Parent shall cease to own and control, directly or indirectly, more than 85% of the outstanding Equity Interests of the Borrower, free and clear of any Liens (other than in favor of the Administrative Agent); or any Person or group shall own, directly or indirectly, an equal or greater percentage of the outstanding Equity Interests of the Borrower than the percentage held by the Parent; or the acquisition of direct or indirect Control of the Borrower by any Person or group other than the Parent; or (iv) (A) General Partner shall cease to be a Wholly Owned Subsidiary of the Parent, (B) the Parent, General Partner or a Wholly-Owned Subsidiary of the Parent cease to have the sole and exclusive power to exercise all management and control over the Borrower or (B) the Parent, General Partner or a Wholly-Owned Subsidiary of the Parent shall cease to be the sole general partner of the Borrower; or (v) the Borrower shall cease to own and control, directly or indirectly, 100% of the outstanding Equity Interests of each Eligible Property Subsidiary and each other Subsidiary Guarantor (other than Subsidiary Guarantors under clause (vii) of the definition of “Required Guarantor”), in each case free and clear of any liens (other than in favor of the Administrative Agent).