Document ID: 10521

Text:
1\. Term of Employment . The Company hereby agrees to employ Executive under this Agreement, and Executive hereby accepts such employment, for the Term of Employment. The Term of Employment shall commence as of the Effective Date and shall end on the second (2nd)anniversary of the Effective Date (the Initial Term) unless terminated earlier by either Party in accordance with Section7 of this Agreement; provided, that, on the second anniversary of the Effective Date and each anniversary of the Effective Date thereafter, the employment period shall be extended by one year unless, at least ninety (90)days prior to such anniversary, the Company or Employee delivers a written notice (a Notice of Non-Renewal) to the other party that the employment period shall not be so extended (the Initial Term, as from time to time extended or renewed, the Term of Employment).

Named Entities:
47
55
TerminationDate
103
104
RenewalTerm

Tokenized Text:
1
\
.
Term
of
Employment
.
The
Company
hereby
agrees
to
employ
Executive
under
this
Agreement
,
and
Executive
hereby
accepts
such
employment
,
for
the
Term
of
Employment
.
The
Term
of
Employment
shall
commence
as
of
the
Effective
Date
and
shall
end
on
the
second
(
2nd
)
anniversary
of
the
Effective
Date
(
the
Initial
Term
)
unless
terminated
earlier
by
either
Party
in
accordance
with
Section7
of
this
Agreement
;
provided
,
that
,
on
the
second
anniversary
of
the
Effective
Date
and
each
anniversary
of
the
Effective
Date
thereafter
,
the
employment
period
shall
be
extended
by
one
year
unless
,
at
least
ninety
(
90
)
days
prior
to
such
anniversary
,
the
Company
or
Employee
delivers
a
written
notice
(
a
Notice
of
Non-Renewal
)
to
the
other
party
that
the
employment
period
shall
not
be
so
extended
(
the
Initial
Term
,
as
from
time
to
time
extended
or
renewed
,
the
Term
of
Employment
)
.