Common use of Nature of Employment; Term of Employment Clause in Contracts

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President of Research and Development upon the terms and conditions contained herein, for a term commencing as of June 1, 1996 and continuing until the end of business on May 31, 1999, (the "Employment Term"). This Agreement will automatically renew for one additional term of one year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President of Research and Development Chief Financial Officer upon the terms and conditions contained herein, for a term commencing as of June 1October 14, 1996 1997 and continuing until the end close of business on May December 31, 1999, 2000 (the "Employment Term"). This Agreement will automatically renew for one an additional term of one (1) year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President Director of Research and Development Operations upon the terms and conditions contained herein, for a term commencing as of June 1, 1996 and continuing until the end of business on May 31, 1999, (the "Employment Term"). This Agreement will automatically renew for one additional term of one year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President of Research and Development Sales upon the terms and conditions contained herein, for a term commencing as of June 1, 1996 and continuing until the end close of business on May 31, 1999, (the "Employment Term"). This Agreement will automatically renew for one additional term of one year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President of Research and Development Chief Financial Officer upon the terms and conditions contained herein, for a term commencing as of June 1, 1996 and continuing until the end close of business on May 31, 1999, (the "Employment Term"). This Agreement will automatically renew for one additional term of one year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.

Nature of Employment; Term of Employment. The Company hereby employs Employee and Employee agrees to serve the Company as its Vice President of Research and Development Marketing upon the terms and conditions contained herein, for a term commencing as of June 1January 6, 1996 1997 and continuing until the end close of business on May December 31, 1999, 1999 (the "Employment Term"). This Agreement will automatically renew for one additional term of one year if notice of termination is not given by either party at least forty-five (45) days prior to the end of the Employment Term.