Common use of First Negotiation Clause in Contracts

First Negotiation. If Employer desires to continue to utilize Employee's services after the expiration of this Agreement, Employer shall so notify Employee, in writing, at least ninety (90) days prior to the expiration of the term of this Agreement. Upon such written notification, for at least the following sixty (60) days, Employee shall negotiate in good faith exclusively with Employer concerning continuation of Employee's services to Employer in the period following expiration of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Dynamic I-T Inc), Employment Agreement (Dynamic I-T Inc)