Common use of Operation and Term of Agreement Clause in Contracts

Operation and Term of Agreement. This Agreement shall commence at the Effective Time of the Merger as contemplated in the Merger Agreement (defined below) and shall continue through the third anniversary of such date; PROVIDED, HOWEVER, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive's employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Operation and Term of Agreement. This Agreement shall commence at the Effective Time of the Merger as contemplated in the Merger Agreement (defined below) and shall continue through the third anniversary of such date; PROVIDEDprovided, HOWEVERhowever, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive's employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Operation and Term of Agreement. This Agreement shall commence at the Effective Time of the Merger as contemplated in the Merger Purchase Agreement (defined below) and shall continue through the third anniversary of such date; PROVIDEDprovided, HOWEVERhowever, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive's employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.