Common use of Initial Employment Period Clause in Contracts

Initial Employment Period. The Company agrees to employ the Executive as the Chairman of the Board, Chief Executive Officer and President of Capstone Industries, Inc., (a subsidiary of the Company), and the Executive accepts employment with the Company, upon the terms set forth in this Agreement, for the period beginning on 12:01 a.m., local Miami, Florida time, on February 5, 2018, and ending on 11:59 p.m., local Miami, Florida time, on February 5, 2020 (the "Employment Period"), during which time Executive will devote his full business time to providing services hereunder. During the Employment Period, this Agreement shall remain in force unless sooner terminated in accordance with the provisions of this Agreement pursuant to Section 5 below. The Executive agrees that the consideration provided hereunder is fair and adequate consideration for all services provided in each of the aforesaid capacities. Executive further agrees that this Agreement shall not constitute an employment agreement for services rendered to any company other than the Company. Any employment agreement with any other company shall be and must be a separate written agreement with such other company or companies.

Initial Employment Period. The Company agrees to employ the Executive as the Chairman of the Board, Chief Executive Operating Officer and President of Capstone Industries, Inc., (a subsidiary of the Company), and the Executive accepts employment with the Company, upon the terms set forth in this Agreement, for the period beginning on 12:01 a.m., local Miami, Florida time, on February 5, 20182008, and ending on 11:59 p.m., local Miami, Florida time, on February 5, 2020 2011 (the "“Employment Period"”), during which time Executive will devote his full business time to providing services hereunder. During the Employment Period, this Agreement shall remain in force unless sooner terminated in accordance with the provisions of this Agreement pursuant to Section 5 below. The Executive agrees that the consideration provided hereunder is fair and adequate consideration for all services provided in each of the aforesaid capacities. Executive further agrees that this Agreement shall not constitute an employment agreement for services rendered to any company other than the Company. Any employment agreement with any other company shall be and must be a separate written agreement with such other company or companies.

Initial Employment Period. The Company agrees to employ the Executive as the Chairman of the Board, Chief Executive Officer and President of Capstone Industries, Inc., (a subsidiary of the Company), and the Executive accepts employment with the Company, upon the terms set forth in this Agreement, for the period beginning on 12:01 a.m., local Miami, Florida time, on February 5, 20182020 , and ending on 11:59 p.m., local Miami, Florida time, on February 5, 2020 2023 (the "“Employment Period"”), during which time Executive will devote his full business time to providing services hereunder. During the Employment Period, this Agreement shall remain in force unless sooner terminated in accordance with the provisions of this Agreement pursuant to Section 5 below. The Executive agrees that the consideration provided hereunder is fair and adequate consideration for all services provided in each of the aforesaid capacities. Executive further agrees that this Agreement shall not constitute an employment agreement for services rendered to any company other than the Company. Any employment agreement with any other company shall be and must be a separate written agreement with such other company or companies.

Initial Employment Period. The Company agrees to employ the Executive as the Chairman of the Board, Chief Executive Officer and President of Capstone Industries, Inc., (a subsidiary of the Company), and the Executive accepts employment with the Company, upon the terms set forth in this Agreement, for the period beginning on 12:01 a.m., local Miami, Florida time, on February 5, 20182016, and ending on 11:59 p.m., local Miami, Florida time, on February 5, 2020 2018 (the "Employment Period"), during which time Executive will devote his full business time to providing services hereunder. During the Employment Period, this Agreement shall remain in force unless sooner terminated in accordance with the provisions of this Agreement pursuant to Section 5 below. The Executive agrees that the consideration provided hereunder is fair and adequate consideration for all services provided in each of the aforesaid capacities. Executive further agrees that this Agreement shall not constitute an employment agreement for services rendered to any company other than the Company. Any employment agreement with any other company shall be and must be a separate written agreement with such other company or companies.