Common use of Term Position and Responsibilities Location Clause in Contracts

Term Position and Responsibilities Location. (a) Term of Employment. Commencing on October 25, 2010 (the “Commencement Date”), unless Executive’s employment shall sooner terminate pursuant to Section 11, the Company shall employ Executive on the terms and subject to the conditions of this Agreement from the Commencement Date through the first anniversary of the Commencement Date (the “Initial Term”. Effective upon the expiration of the Initial Term and each Additional Term (as defined below), Executive’s employment hereunder shall be deemed to be automatically extended, upon the same terms and conditions, for an additional period of one (1) year (each, an “Additional Term”), in each such case, commencing upon the expiration of the Initial Term or the then current Additional Term, as the case may be, unless the Company shall have given written notice to Executive, at least ninety (90) days prior to the expiration of the Initial Term or such Additional Term, of its intention not to extend the Employment Period (as defined below) hereunder. Executive’s Separation from Service (as defined below) with the Company pursuant to any such notice of non-extension delivered by the Company to Executive shall occur upon expiration of the relevant Term or Additional Term (as applicable) and shall be deemed to constitute his Separation from Service due to termination of his employment by the Company Without Cause (as defined below) pursuant to Section 11(c) hereof. For purposes of this Agreement, “Separation from Service” has the meaning given to such term in Section 1.409A-l(h) of the regulations (as amended) promulgated under Section ▇▇▇ ▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Internal Revenue Code of 1986, as amended (the “Code”). The period during which Executive is employed by the Company pursuant to this Agreement, including any extension thereof in accordance with this section, shall be referred to as the “Employment Period.” The Company shall employ Executive on the terms and subject to the conditions of this Agreement. Unless sooner terminated under Section 11 of this Agreement, Executive may terminate his employment under this Agreement by giving thirty (30) days written notice delivered to the Company. Such notice shall be delivered in the manner set forth in Section 22(g) of this Agreement.

Term Position and Responsibilities Location. (a) Term of Employment. Commencing on October 25, 2010 (the “Commencement Date”), unless Executive’s employment shall sooner terminate pursuant to Section 118, the Company shall continue to employ Executive on the terms and subject to the conditions of this Agreement from the Commencement Date date first written above through the first anniversary of the Commencement Date December 31, 2011 (the “Initial Term”). Effective upon the expiration of the Initial Term and each Additional Term (as defined below), Executive’s employment hereunder shall be deemed to be automatically extended, upon the same terms and conditions, for an additional period of one (1) year (each, an “Additional Term”), in each such case, commencing upon the expiration of the Initial Term or the then current Additional Term, as the case may be, unless the Company shall have given written notice to Executive, at least ninety (90) days prior to the expiration of the Initial Term or such Additional Term, of its intention not to extend the Employment Period (as defined below) hereunder. Executive’s Separation from Service (as defined below) with the Company pursuant to any such notice of non-extension delivered by the Company to Executive shall occur upon expiration of the relevant Term or Additional Term (as applicable) and shall be deemed to constitute his Separation from Service due to termination of his employment by the Company Without Cause (as defined below) pursuant to Section 11(c8(c) hereof. For purposes of this Agreement, “Separation from Service” has the meaning given to such term in Section 1.409A-l(h1.409A-1(h) of the regulations (as amended) promulgated under Section ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Internal Revenue Code of 1986, as amended (the “Code”). The period during which Executive is employed by the Company pursuant to this Agreement, including any extension thereof in accordance with this section, shall be referred to as the “Employment Period.” The Company shall employ Executive on the terms and subject to the conditions of this Agreement. Unless sooner terminated under Section 11 of this Agreement, Executive may terminate his employment under this Agreement by giving thirty (30) days written notice delivered to the Company. Such notice shall be delivered in the manner set forth in Section 22(g) of this Agreement.”

Term Position and Responsibilities Location. (a) Term of Employment. Commencing on October 25November 8, 2010 (the “Commencement Date”), unless Executive’s employment shall sooner terminate pursuant to Section 118, the Company shall continue to employ Executive on the terms and subject to the conditions of this Agreement from the Commencement Date date first written above through the first anniversary of the Commencement Date December 31, 2011 (the “Initial Term”). Effective upon the expiration of the Initial Term and each Additional Term (as defined below), Executive’s employment hereunder shall be deemed to be automatically extended, upon the same terms and conditions, for an additional period of one (1) year (each, an “Additional Term”), in each such case, commencing upon the expiration of the Initial Term or the then current Additional Term, as the case may be, unless the Company shall have given written notice to Executive, at least ninety (90) days prior to the expiration of the Initial Term or such Additional Term, of its intention not to extend the Employment Period (as defined below) hereunder. Executive’s Separation from Service (as defined below) with the Company pursuant to any such notice of non-extension delivered by the Company to Executive shall occur upon expiration of the relevant Term or Additional Term (as applicable) and shall be deemed to constitute his Separation from Service due to termination of his employment by the Company Without Cause (as defined below) pursuant to Section 11(c8(c) hereof. For purposes of this Agreement, “Separation from Service” has the meaning given to such term in Section 1.409A-l(h1.409A-1(h) of the regulations (as amended) promulgated under Section ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Internal Revenue Code of 1986, as amended (the “Code”). The period during which Executive is employed by the Company pursuant to this Agreement, including any extension thereof in accordance with this section, shall be referred to as the “Employment Period.” The Company shall employ Executive on the terms and subject to the conditions of this Agreement. Unless sooner terminated under Section 11 8 of this Agreement, Executive may terminate his employment under this Agreement by giving thirty (30) days written notice delivered to the Company. Such notice shall be delivered in the manner set forth in Section 22(g19(g) of this Agreement. The period during which Executive is employed by the Company pursuant to this Agreement, including any extension thereof in accordance with the preceding sentence, shall be referred to as the “Employment Period.”