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 commencing on the date hereof and ending on February 28, 2013 (the first anniversary of the date hereof). Neither the Company nor Executive shall be obligated to extend the term of Executive's employment. 3.02 The term of Executive's employment shall automatically be extended for successive one (1) year periods commencing on February 28, 2013 unless the Company or Executive elects not to extend employment, by giving written notice to the other not less than sixty (60) days prior to the end of the initial term or any extension period. ALL PARTIES: NOTE AUTOMATIC RENEWAL 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 commencing on the date hereof and ending on February 28, 2013 (the first anniversary of the date hereof). Neither the Company nor Executive shall be obligated to extend the term Wan of Executive's employment. 3.02 The term of Executive's employment shall automatically be extended for successive one (1) year periods commencing on February 28, 2013 unless the Company or Executive elects not to extend employment, by giving written notice to the other not less than sixty (60) days prior to the end of the initial term or any extension period. ALL PARTIES: NOTE AUTOMATIC RENEWAL 3.03 The terms ten- us 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 Section 3.1 Executive's ’s employment hereunder shall be for an initial term commencing on the date hereof August , 2007 and ending on February 28August ___, 2013 (the first anniversary of the date hereof). Neither the Company nor Executive shall be obligated to extend the term of Executive's employment2008. 3.02 Section 3.2 The term of Executive's ’s employment shall automatically be extended for successive one (1) year periods commencing on February 28August ___, 2013 2008 unless the Company or Executive elects not to extend employment, by giving written notice to the other not less than sixty thirty (6030) days prior to the end of the initial term or any extension period. Neither the Company nor Executive shall be obligated to extend the term of Executive’s employment. ALL PARTIES: NOTE AUTOMATIC RENEWAL 3.03 Section 3.3 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 ’s Board or the WRT Compensation Committee (the "“Committee"”).