Common use of Term and Nature of Employment Clause in Contracts

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, AMERX or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's ’s employment under this Agreement is strictly "“at will," ” and may be terminated by the Executive, AMERX or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's ’s employment under this Agreement is strictly "“at will," ” and may be terminated by the Executive, AMERX Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, AMERX Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors shareholders of Procyon in its annual meetingmeeting of shareholders. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's ’s employment under this Agreement is strictly "“at will," ” and may be terminated by the Executive, AMERX Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, AMERX Executive or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one yearbeginning on “Effective Date” and ending December 31, commencing on its effective date2018, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, AMERX Executive or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one yearbeginning on “Effective Date” and ending December 31, commencing on its effective date2017, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, AMERX Executive or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one yearsix months, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors of Procyon in its annual meeting. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's ’s employment under this Agreement is strictly "“at will," ” and may be terminated by the Executive, AMERX Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.

Term and Nature of Employment. This Agreement shall be for a term of one year, commencing on its effective date, subject, however, to termination during such period as provided in this Article and approval of the Board of Directors shareholders of Procyon in its annual meetingmeeting of shareholders. Nothing contained in this Agreement shall be construed to constitute a promise of employment to the Executive for a fixed term. Executive's ’s employment under this Agreement is strictly "“at will," ” and may be terminated by the Executive, AMERX Executive or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.