Common use of Initial Term of Employment Period and Extension Terms Clause in Contracts

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section 2.1, above, and ending on June 29, 2011 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereof.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2009 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Without Cause for the purposes of section Section 5.2 hereof.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty thirty (6030) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s the termination shall not be a treated as deemed a Termination by the Company without Without Cause for purposes and Executive shall be entitled only to the benefits provided in Section 5.2(a) and the medical insurance premium payment benefits described in subsection 5.2(b)(iv) of section 5.2 hereofthis Agreement.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section 2.1this Agreement is executed, above, and ending on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending on June 29December 31, 2011 2009 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending on June 29December 31, 2011 2009 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one two (12) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s employment with the Company terminates as a result thereof, then Executive’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2012 (the “"Initial Term”"). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “"Extension Term”") upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s Employee's intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and Executive’s Employee's employment with the Company terminates as a result thereof, then Executive’s Employee's termination shall be a treated as a Termination by the Company without Without Cause for the purposes of section Section 5.2 hereof.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section 2.1this Agreement is executed, above, and ending on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofCause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 2930, 2011 2010 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section 2.1this Agreement is executed, above, and ending on June 29December 31, 2011 2007 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2010 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Without Cause for the purposes of section Section 5.2 hereof.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2008 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or Executive’s 's intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive by the Company, and Executive’s 's employment with the Company terminates as a result thereof, then Executive’s 's termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section 2.1this Agreement is executed, above, and ending on June 2930, 2011 2010 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.

Initial Term of Employment Period and Extension Terms. The Employment Period shall initially continue for a term commencing on the date set forth in section Section 2.1, above, and ending end on June 29December 31, 2011 2007 (the “Initial Term”). The Employment Period shall be automatically extended for successive one (1) calendar year periods following the expiration of the Initial Term (each period being hereinafter referred to as an “Extension Term”) upon the same terms and conditions provided for herein unless either party provides the other party with advance written notice of its or ExecutiveEmployee’s intention not to extend the Employment Period; provided, however, that such notice must be delivered by the non-extending party to the other party not later than sixty (60) days prior to the expiration of the Initial Term or any Extension Term, as the case may be. If the Employment Period is not extended as a result of notice to Executive Employee by the Company, and ExecutiveEmployee’s employment with the Company terminates as a result thereof, then ExecutiveEmployee’s termination shall be a treated as a Termination by the Company without Cause for purposes of section 5.2 hereofWithout Cause.