Common use of Status of Employment Clause in Contracts

Status of Employment. You agree that you will terminate from your positions as President and Chief Executive Officer of the Company and as a member of the Board of Directors of the Company effective July 25, 2016 (the “Separation Date”) and such termination shall be treated as set forth in Paragraph 2 of this Separation Agreement. You also agree that, as of the Separation Date, you will terminate from all other positions you hold as an officer, employee or director of the Company’s subsidiaries and affiliates, and that you will promptly execute any documents and take any actions as may be necessary or reasonably requested by the Company to effectuate or memorialize your termination from all positions with the Company and its subsidiaries and affiliates.

Status of Employment. You agree that you will terminate from your positions position as President and Chief Executive Officer of the Company and as a member of the Board of Directors of the Company effective July 255, 2016 2020 (the “Separation Date”) and such termination shall be treated as set forth in Paragraph 2 of this Separation Agreement). You also agree that, as of the Separation Date, you will terminate resign from all other positions (including any directorships) you hold with, and as an officeremployee of, employee or director of the Company and the Company’s subsidiaries and affiliates, as applicable, and that you will promptly execute any documents and take any actions as may be necessary or reasonably requested by the Company to effectuate or memorialize your termination from all positions with the Company and its subsidiaries and affiliates. You agree that the terminations described in this Paragraph 1 shall be treated as set forth in Paragraph 2 of this Separation Agreement.

Status of Employment. You agree that you will terminate from your positions position as President and Chief Executive Officer of the Company and as a member of the Board of Directors of the Company effective July 25February 1, 2016 2017 (the “Separation Date”) and such termination shall be treated as set forth in Paragraph 2 of this Separation Agreement. You also agree that, as of the Separation Date, you will terminate resign from all other positions you hold as a director of the Company and as an officer, employee or director of the Company’s subsidiaries and affiliates, and that you will promptly execute any documents and take any actions as may be necessary or reasonably requested by the Company to effectuate or memorialize your termination from all positions with the Company and its subsidiaries and affiliates.

Status of Employment. You agree understand that you will terminate from your positions as President and are no longer Chief Executive Financial Officer of the Company and effective as a member of the Board of Directors of the Company effective July 25December 1, 2016 2023 (the “Separation Date”) and such termination ). You further agree that your cessation of employment on the Separation Date shall be treated as set forth in Paragraph 2 3 of this Separation Agreement. You also agree that, as of the Separation Date, you will terminate from all other positions you hold (if any) as an officer, employee or director of the Company and the Company’s subsidiaries and affiliates, and that you will promptly execute any documents and take any actions as may be necessary or reasonably requested by the Company to effectuate or memorialize your termination from all positions with the Company and its subsidiaries and affiliates.