Common use of Extension or Renewal Clause in Contracts

Extension or Renewal. The Term of Employment may be extended or renewed upon mutual agreement of Executive and the Company. If the Term of Employment is not extended or renewed on terms mutually acceptable to Executive and the Company, and if this Agreement has not been sooner terminated for reasons stated in Section 9(a), (b), (c) or (d) of this Agreement, Executive shall be paid her then-current Base Salary for 12 months following the Third Anniversary, payable in accordance with the Company’s normal payroll practices (or, at the Company’s discretion, in a lump sum), and Executive’s health insurance benefits shall be continued for 12 months at the Company’s cost; provided, however, that in the case of health insurance continuation, the Company’s obligation to provide health insurance benefits shall end at such time as Executive, at her option, voluntarily obtains heath insurance benefits.

Extension or Renewal. The Term of Employment may be extended or renewed upon mutual agreement of Executive and the Company. If the Term of Employment is not extended or renewed on terms mutually acceptable to Executive and the Company, and if this Agreement has not been sooner terminated for reasons stated in Section 9(a), (b), (c) or (d) of this Agreement, Executive shall be paid her his then-current Base Salary for 12 months following the Third Anniversary, payable in accordance with the Company’s normal payroll practices (or, at the Company’s discretion, in a lump sum), and Executive’s health insurance benefits shall be continued for 12 months at the Company’s cost; provided, however, that in the case of health insurance continuation, the Company’s obligation to provide health insurance benefits shall end at such time as Executive, at her his option, voluntarily obtains heath insurance benefits.,

Extension or Renewal. The Term of Employment may be extended or renewed upon mutual agreement of Executive and the Company. If the Term of Employment is not extended or renewed on terms mutually acceptable to Executive and the Company, and if this Agreement has not been sooner terminated for reasons stated in Section 9(a), (b), (c) or (d) of this Agreement, Executive shall be paid her his then-current Base Salary for 12 months following the Third Anniversary, payable in accordance with the Company’s normal payroll practices (or, at the Company’s discretion, in a lump sum), and Executive’s health insurance benefits shall be continued for 12 months at the Company’s cost; provided, however, that in the case of health insurance continuation, the Company’s obligation to provide health insurance benefits shall end at such time as Executive, at her his option, voluntarily obtains heath insurance benefits.

Extension or Renewal. The Term of Employment may be extended or renewed upon mutual agreement of Executive and the Company. If the Term of Employment is not extended or renewed on terms mutually acceptable to Executive and the Company, and if this Agreement has not been sooner already terminated for reasons stated in Section 9(a8 (a), (b), or (c) or (d) of this Agreement, Executive shall be paid her severance in an amount equal to his then-current Minimum Base Salary plus the Annual Bonus applicable for 12 months following the Third Anniversary, payable in accordance with the Company’s normal payroll practices (or, at the Company’s discretion, prior year in a lump sum), less applicable withholding, within thirty days of termination and Executive’s 's health insurance benefits shall be continued for 12 twelve (12) months at the Company’s 's cost; provided, however, that in the case of health insurance continuation, the Company’s 's obligation to provide health insurance benefits shall end at such time as Executive, at her his option, voluntarily obtains heath health insurance benefitsbenefits through another employer or otherwise in connection with rendering services for a third party. Executive, however, will continue to be bound by all provisions of this Agreement that survive termination of employment.