Common use of Term and Nature of Employment Clause in Contracts

Term and Nature of Employment. 3.01 Executive’s employment hereunder shall be for an initial term of two (2) years, ending April 1, 2008. Neither the Company nor Executive shall be obligated to extend such term of the employment relationship. The term of Executive’s employment shall automatically be extended for successive one (1) year periods unless the Company or Executive elects not to extend employment by giving written notice to the other not less than thirty (30) days prior to the end of the initial term or any extension periods. The terms and conditions of this Agreement may be amended from time to time with the consent of the Company and Executive. All such amendments shall be effective when memorialized by a written agreement between the Company and Executive, following approval by the Company’s Compensation Committee (the “Committee”).

Term and Nature of Employment. 3.01 Executive’s employment hereunder shall be for an initial term of two (2) yearscommencing December 4, 2006 and ending April 1, 2008. Neither the Company nor Executive shall be obligated to extend such the term of the employment relationship. Executive’s employment. 3.02 The term of Executive’s employment shall automatically be extended for successive one (1) year periods commencing on April 1, 2008 unless the Company or Executive elects not to extend employment employment, by giving written notice to the other not less than thirty (30) days prior to the end of the initial term or any extension periods. period. 3.03 The terms and conditions of this Agreement may be amended from time to time with the consent of the Company and Executive. All such amendments shall be effective when memorialized by a written agreement between the Company and Executive, following approval by the Company’s Compensation Committee (the “Committee”).

Term and Nature of Employment. 3.01 Executive’s employment hereunder shall be for an initial term of two (2) years, ending April 1beginning December 17, 2008, and ending December 31, 2009. Neither the Company nor Executive shall be obligated to extend such term of the employment relationship. The term of Executive’s employment shall automatically be extended for successive one (1) year periods unless the Company or Executive elects not to extend employment by giving written notice to the other not less than thirty (30) days prior to the end of the initial term or any extension periods. The terms and conditions of this Agreement may be amended from time to time with the consent of the Company and Executive. All such amendments shall be effective when memorialized by a written agreement between the Company and Executive, following approval by the Company’s Compensation Committee (the “Committee”).

Term and Nature of Employment. 3.01 Executive’s employment hereunder shall be for an initial term of two (2) years, ending April 1, 2008. Neither the Company nor Executive shall be obligated to extend such term of the employment relationship. The term of Executive’s employment shall automatically be extended for successive one (1) year periods unless the Company or Executive elects not to extend employment by giving written notice to the other not less than thirty (30) days prior to the end of the initial term or any extension periods. The terms and conditions of this Agreement may be amended from time to time with the consent of the Company Company’s Board of Directors or Compensation Committee and Executive. All such amendments shall be effective when memorialized by a written agreement between the Company and Executive, following approval by the Company’s Compensation Committee (the “Committee”).

Term and Nature of Employment. 3.01 Executive’s employment hereunder shall be for an initial term of two (2) yearsbeginning March 9, 2009, and ending April 1December 31, 20082009. Neither the Company nor Executive shall be obligated to extend such term of the employment relationship. The term of Executive’s employment shall automatically be extended for successive one (1) year periods unless the Company or Executive elects not to extend employment by giving written notice to the other not less than thirty (30) days prior to the end of the initial term or any extension periods. The terms and conditions of this Agreement may be amended from time to time with the consent of the Company and Executive. All such amendments shall be effective when memorialized by a written agreement between the Company and Executive, following approval by the Company’s Compensation Committee (the “Committee”).