Common use of Term of Employment Agreement Clause in Contracts

Term of Employment Agreement. The term of the Executive’s employment hereunder begin as of February 13, 2012, and will end as of the close of business on the third anniversary of the date hereof subject to earlier termination pursuant to the terms hereof (including the Renewal Term, as defined in the next sentence, the “Term”). Following the initial Term, this Employment Agreement will automatically be renewed for successive one-year terms unless notice of termination is given by either party upon not less than sixty (60) days’ written notice prior to the date on which such renewal would otherwise occur. In the event that the Executive’s employment is not renewed by the Company in accordance with this Section 2 upon the expiration of the Term or any Renewal Term, the Executive’s employment shall terminate as of the date of such expiration, and such termination shall be deemed a termination without “Cause” for purposes of this Employment Agreement.

Term of Employment Agreement. The term of the Executive’s employment hereunder will begin as of February 13, 2012, the date hereof and will end as of the close of business on the third anniversary of the date hereof subject to earlier termination pursuant to the terms hereof (including the Renewal Term, as defined in the next sentence, the “Term”). Following the initial Term, this Employment Agreement will automatically be renewed for successive one-year terms unless notice of termination is given by either party upon not less than sixty (60) days’ written notice prior to the date on which such renewal would otherwise occur. In the event that the Executive’s employment is not renewed by the Company in accordance with this Section 2 upon the expiration of the Term or any Renewal Term, the Executive’s employment shall terminate as of the date of such expiration, and such termination shall be deemed a termination without “Cause” for purposes of this Employment Agreement.

Term of Employment Agreement. The term of the Executive’s employment hereunder begin as of February 13began May 31, 20122007, and will end ends as of the close of business on the third anniversary of the date hereof May 31, 2010, subject to earlier termination pursuant to the terms hereof (including the Renewal Term, as defined in the next sentence, the “Term”). Following the initial Term, this Employment Agreement will automatically be renewed for successive one-year terms (each a “Renewal Term”) unless notice of termination is given by either party upon not less than sixty (60) days’ written notice prior to the date on which such renewal would otherwise occur. In the event that the Executive’s employment is not renewed by the Company in accordance with this Section 2 upon the expiration of the Term or any Renewal Term, the Executive’s employment shall terminate as of the date of such expiration, and such termination shall be deemed a termination without “Cause” for purposes of this Employment Agreement.

Term of Employment Agreement. The term of the Executive’s employment hereunder begin began as of February 13May 31, 20122007, and will end as of the close of business on the third anniversary of the date hereof subject to earlier termination pursuant to the terms hereof (including the Renewal Term, as defined in the next sentence, the “Term”). Following the initial Term, this Employment Agreement will automatically be renewed for successive one-year terms unless notice of termination is given by either party upon not less than sixty (60) days’ written notice prior to the date on which such renewal would otherwise occur. In the event that the Executive’s employment is not renewed by the Company in accordance with this Section 2 upon the expiration of the Term or any Renewal Term, the Executive’s employment shall terminate as of the date of such expiration, and such termination shall be deemed a termination without “Cause” for purposes of this Employment Agreement.