Common use of Period of Employment Clause in Contracts

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third (3rd) anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Employment. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of If the Company provides notice that the Period of Employment shall not be extended or further extended, as the case may be, Executive’s employment by the Company shall not constitute a breach terminate at the end of this Agreement the Period of Employment then in effect and, in connection with such termination of employment and subject to Section 5.4, Executive shall not constitute “Good Reason” for purposes of this Agreementbe entitled to all the severance benefits provided in Section 5.3(b)(i)-(iv). Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); ): provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended extended, for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 1817). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one three (13) additional year years on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing and delivered in accordance with Section 18, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years ____ commencing on the Effective Employment Commencement Date and ending at the close of business on the third ____ anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1__ additional year(s) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing and delivered in accordance with Section 18, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third (3rd) anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Employment. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of If the Company provides notice that the Period of Employment shall not be extended or further extended, as the case may be, the Executive’s employment by the Company shall not constitute a breach terminate at the end of this Agreement the Period of Employment then in effect and, in connection with such termination of employment and subject to Section 5.4, the Executive shall not constitute “Good Reason” for purposes of this Agreementbe entitled to all the severance benefits provided in Section 5.3(b)(i)-(iv). Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third sixth (6th) anniversary of the Effective Date (such date, the “Termination Expiration Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Expiration Date and each anniversary of the Termination Expiration Date thereafter, unless either party the Executive gives written notice to the Company, or the Company gives notice to the Executive, at least sixty six (606) days months prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 1817). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third (3rd) anniversary of the Effective Date (the “Termination Date”); provided, however, that that, this Agreement shall be automatically renewed, renewed and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire not to extend the Period of Employment and to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and and, in the case of a provision of such notice by the Company, shall not constitute either a termination of the Executive’s employment by the Company without “Cause” or grounds for a termination by the Executive for “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three two (32) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third second (2nd) anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years one year commencing on the date hereof (the “Effective Date Date”) and ending at the close of business on the third first anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” a termination by the Company without Cause for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three five (35) years commencing on the Effective Date and ending at the close of business on the third fifth (5th) anniversary of the Effective Date (the “Termination Date”); provided, however, that that, this Agreement shall be automatically renewed, renewed and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire not to extend the Period of Employment and to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and and, in the case of a provision of such notice by the Company, shall not constitute either a termination of the Executive’s employment by the Company without “Cause” or grounds for a termination by the Executive for “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three two (32) years commencing on the Effective Date May 10, 2019 (“Commencement Date”) and ending at the close of business on the third second anniversary of the Effective Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice by the Company that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach termination of this Agreement and shall not constitute the Executive’s employment by the Company without “Good ReasonCause” for purposes effective at the end of this Agreementthe Period of Employment then in effect. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewedrenewed automatically, and the Period of Employment shall be automatically extended extended, for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 1817). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” or an “Involuntary Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) two years commencing on the date hereof (the “Effective Date Date”) and ending at the close of business on the third second anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” a termination by the Company without Cause for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three two (32) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third second (2nd) anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing and delivered in accordance with Section 18, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The Subject to earlier termination as provided in Section 3.5, the “Period of Employment” shall be a period of three (3) years commencing on March 1, 2008 (the Effective Date “Commencement Date”) and ending at the close of business on the third (3rd) anniversary of the Effective Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereaftersecond, third, fourth and fifth anniversaries of the Commencement Date, unless either party gives written notice at least sixty (60) days notice, in writing, prior to the expiration of such anniversary that the Period of Employment shall not be extended (including any renewal thereof) of such party’s desire to terminate or further extended, as the Period of Employment (such notice to be delivered in accordance with Section 18case may be). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three twelve (312) years months commencing on the Effective Hire Date and ending at the close of business on the third anniversary of day which is twelve (12) months after the Effective Hire Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty (60) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to the earlier of (i) earlier termination as provided below in this AgreementAgreement and (ii) the termination of the Executive’s employment with the Delaware Subsidiary.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and and, in the case of provision of notice by the Company, shall not constitute “Good Reason” for purposes of this Agreement; provided, however, that if the Company provides the Executive notice that the Period of Employment shall not be extended or further extended, the Company shall pay to the Executive a cash bonus in the amount of Two Hundred Thousand Dollars ($200,000). Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “"Period of Employment” " shall be a period of three (3) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Effective Employment Commencement Date (the “"Termination Date”"); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s 's desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “"Period of Employment” " shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” "Constructive Termination" for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three twelve (312) years months commencing on the Effective Hire Date and ending at the close of business on the third anniversary of day which is twelve (12) months after the Effective Hire Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing, at least sixty (60) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one three (13) years additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing and delivered in accordance with Section 18, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three one (31) years year commencing on the Effective Date and ending at the close of business on the third first (1st) anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice to the other party at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 1819). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall be a period of three (3) years one year commencing on the Effective Employment Commencement Date and ending at the close of business on the third first anniversary of the Effective Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice notice, in writing and delivered in accordance with Section 18, at least sixty thirty (6030) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18)Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good ReasonConstructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

Period of Employment. The “Period of Employment” shall shall, unless sooner terminated as provided herein, be a period of three (3) years one year commencing on the Effective Date and ending at the close of business on August 3, 2004 (the third “Initial Extension Date”). Notwithstanding the preceding sentence, on the Initial Extension Date and on each annual anniversary of the Effective Initial Extension Date (the Initial Extension Date and each annual anniversary thereof is referred to as an “Termination Extension Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year through and shall end with the close of business on the Termination Date and each first (1st) anniversary of that Extension Date (for example, on the Termination Initial Extension Date thereafterthe Period of Employment shall be automatically extended through the close of business on August 3, 2005), unless either party gives written notice at least sixty thirty (6030) days prior to such Extension Date the expiration of Company or the Executive has provided the other with written notice that the Period of Employment (including any renewal thereof) of such party’s desire to terminate shall not be extended or further extended, as the Period of Employment (such notice to be delivered in accordance with Section 18)case may be. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and Agreement, shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding , and shall not entitle the foregoing, the Period of Employment is subject Executive to earlier termination as provided below in this Agreementseverance benefits pursuant to Section 5.3(b).

Period of Employment. The Subject to earlier termination as provided in this Agreement, the “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third (3rd) anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafterEffective Date, unless either party gives written notice at least sixty (60) days notice, in writing, prior to the expiration of such anniversary that the Period of Employment shall not be extended (including any renewal thereof) of such party’s desire to terminate or further extended, as the Period of Employment (such notice to be delivered in accordance with Section 18case may be). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in shall automatically terminate on the date the Executive attains age 65. For purposes of this Agreement, a termination of the Period of Employment pursuant to the preceding sentence shall be treated as a termination of employment by the Executive other than for Good Reason; provided that the Executive shall be entitled to the pro rata bonus under Section 5.3(d) in the event his employment so terminates.

Period of Employment. The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended extended, for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty ninety (6090) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 1816). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.