Common use of Provisions Regarding Effective Date Clause in Contracts

Provisions Regarding Effective Date. As indicated in this Agreement, this Agreement is effective as of the Effective Date, and accordingly in connection therewith the parties agree that the following shall apply: (i) This Agreement shall from and after its execution by the parties be an agreement binding upon and enforceable by both Company and Executive subject to the application of the provisions hereof generally being effective as of the Effective Date. (ii) The employment of Executive by Company shall continue to be governed by the terms of the Existing Agreement until the Effective Date. (iii) In the event that the employment of Executive by Company terminates at any time prior to the Effective Date, such termination shall be governed by the terms of the Existing Agreement and this Agreement shall be null and void and of no force and effect. (iv) In the event that the Effective Date does not occur on or before December 31, 2010, this Agreement shall be null and void and of no force and effect and the Existing Agreement shall continue in full force and effect.

Provisions Regarding Effective Date. As indicated in this Agreement, this Agreement is effective as of the Effective Date, and accordingly in connection therewith the parties agree that the following shall apply: (i) This Agreement shall from and after its execution by the parties be an agreement binding upon and enforceable by both Company and Executive subject to the application of the provisions hereof generally being effective as of the Effective Date. (ii) The employment of Executive by Company shall continue to be governed by the terms of the Existing Agreement until the Effective Date. (iii) In the event that the employment of Executive by Company terminates at any time prior to the Effective Date, such termination shall be governed by the terms of the Existing Agreement and this Agreement shall be null and void and of no force and effect. (iv) In the event that the Effective Date does not occur on or before December July 31, 20102011, this Agreement shall be null and void and of no force and effect and the Existing Agreement shall continue in full force and effect.

Provisions Regarding Effective Date. As indicated in this Agreement, this Agreement is effective as of the Effective Date, and accordingly in connection therewith the parties agree that the following shall apply: (ia) This Agreement shall from and after its execution by the parties be an agreement binding upon and enforceable by both the Company and Executive subject to the application of the provisions hereof generally being effective as of the Effective Date. (iib) The employment of Executive by the Company shall continue to be governed by the terms of the Existing Prior Employment Agreement until the Effective Date. (iiic) In the event that the employment of Executive by the Company terminates at any time prior to the Effective Date, such termination shall be governed by the terms of the Existing Prior Employment Agreement and this Agreement shall be null and void and of no force and effect. (ivd) In the event that the Effective Date does not occur on or before December 31, 2010occur, this Agreement shall be null and void and of no force and effect and the Existing Prior Employment Agreement shall continue in full force and effect.