Common use of Position and Term Clause in Contracts

Position and Term. Effective as of the date of this Agreement, the Corporation employs the Employee, and the Employee accepts employment with the Corporation as Senior Vice President, Operations and Marketing of the Corporation. The term of the Employee’s employment is “at will” meaning that either the Employee or the Corporation can end the Employee’s employment at any time and for any reason. The initial term of this Agreement commences on the date of this Agreement and terminates on December 31, 2013. The term of this Agreement will be renewed automatically at December 31, 2013 and every 12 months thereafter, unless either the Employee or the Corporation notifies the other at least ninety (90) days prior to the termination date of its or his desire to terminate this Agreement as of the termination date immediately following the service of notice. While he is employed by the Corporation, the Employee shall devote all of his business time, ability, and attention for the benefit of the business of the Corporation. Nothing in this Section 1, however, will prevent the Employee from engaging in additional activities in connection with personal investments, charitable, civic, educational, professional, industry, or community affairs that are not inconsistent with the Employee’s duties under this Agreement. The Employee’s duties shall include those as are customary for someone of his position at comparable corporations.

Position and Term. Effective as of the date of this Agreement, the Corporation employs continues to employ the Employee, and the Employee accepts continued employment with the Corporation Corporation, as Senior Vice President, Operations and Marketing _____________________ of the Corporation. The term of the Employee’s employment is “at will” meaning that either the Employee or the Corporation can end the Employee’s employment at any time and for any reason. The initial term of this Agreement commences on the date of this Agreement and terminates on December 31, 20132008. The term of this Agreement will be renewed automatically at December 31, 2013 and every 12 months from year to year thereafter, unless either the Employee or the Corporation notifies the other at least ninety (90) days prior to the termination date December 31, 2008 or December 31st of any subsequent year of its or his desire to terminate this Agreement as of the termination date December 31st immediately following the service of notice. While he is employed by the Corporation, the Employee shall devote substantially all of his business time, ability, and attention for the benefit of the business of the Corporation. Nothing in this Section 1, however, will prevent the Employee from engaging in additional activities in connection with personal investments, charitable, civic, educational, professional, industry, or community affairs that are not inconsistent with the Employee’s 's duties under this Agreement. The Employee’s duties shall include those as are customary for someone of his position at comparable corporations.

Position and Term. Effective as of the date of this Agreement, the Corporation employs the Employee, and the Employee accepts employment with the Corporation as Senior Vice President, Operations and Marketing Chief Financial Officer of the Corporation. The term of the Employee’s employment is “at will” meaning that either the Employee or the Corporation can end the Employee’s employment at any time and for any reason. The initial term of this Agreement commences on the date of this Agreement and terminates on December 31June 30, 2013. The term of this Agreement will be renewed automatically at December 31on June 30, 2013 and every 12 six months thereafter, unless either the Employee or the Corporation notifies the other at least ninety (90) days prior to the termination date of its or his her desire to terminate this Agreement as of the termination date immediately following the service of notice. While he she is employed by the Corporation, the Employee shall devote all of his her business time, ability, and attention for the benefit of the business of the Corporation. Nothing in this Section 1, however, will prevent the Employee from engaging in additional activities in connection with personal investments, charitable, civic, educational, professional, industry, or community affairs that are not inconsistent with the Employee’s duties under this Agreement. The Employee’s duties shall include those as are customary for someone of his her position at comparable corporations.

Position and Term. Effective as of the date of this Agreement, the Corporation employs continues to employ the Employee, and the Employee accepts continued employment with the Corporation as Senior Vice President, Operations and Marketing Chief Executive Officer of the Corporation. The term of the Employee’s employment is “at will” meaning that either the Employee or the Corporation can end the Employee’s employment at any time and for any reason. The initial term of this Agreement commences on the date of this Agreement and terminates on December 31, 2013. The term of this Agreement will be renewed automatically at December 31, 2013 and every 12 months from year to year thereafter, unless either the Employee or the Corporation notifies the other at least ninety (90) days prior to the termination date December 31, 2013 or December 31st of any subsequent year of its or his desire to terminate this Agreement as of the termination date December 31st immediately following the service of notice. While he is employed by the Corporation, the Employee shall devote substantially all of his business time, ability, and attention for the benefit of the business of the Corporation. Nothing in this Section 1, however, will prevent the Employee from engaging in additional activities in connection with personal investments, charitable, civic, educational, professional, industry, or community affairs that are not inconsistent with the Employee’s duties under this Agreement. The Employee’s duties shall include those as are customary for someone of his position at comparable corporations.