Document ID: 141

Text:
1.1 Term. As of the Effective Date, Executive agrees to continue employment with the Company pursuant to the terms of this Agreement. This Agreement shall have an initial term beginning on the Effective Date and expiring on December 31, 2019 (the Initial Employment Term). On the last day of the Initial Employment Term, this Agreement will renew automatically for additional, successive one year terms (each, a Renewal Term) unless one Party provides the other Party with written notice of non-renewal at least 30 days prior to the date of automatic renewal, in which case this Agreement will expire at the end of the Initial Employment Term or Renewal Term, as applicable (the Initial Employment Term and any successive Renewal Terms during which this Agreement remains in effect, collectively, the Term). Non-renewal at the end of the Initial Employment Term or a Renewal Term shall constitute neither a termination without Cause (as defined below) nor a resignation for Good Reason (as defined below) under this Agreement. In the event that a Change in Control (as defined below) occurs during the Term, the Term automatically will be extended for a period of 12 months following the Change in Control. In addition, to the extent that a definitive agreement for a transaction that, if consummated, would result in a Change in Control has been signed, the Company may not give a Notice of Non-Renewal until after the Change in Control has occurred or such definitive agreement has been terminated in accordance with its terms. Upon the termination of Executives employment with the Company, Executive will resign from all directorships, offices, and other positions that Executive may hold in the Company and all of its affiliates, unless otherwise agreed to by the Company.

Named Entities:
42
45
TerminationDate
71
73
RenewalTerm

Tokenized Text:
1
.
1
Term
.
As
of
the
Effective
Date
,
Executive
agrees
to
continue
employment
with
the
Company
pursuant
to
the
terms
of
this
Agreement
.
This
Agreement
shall
have
an
initial
term
beginning
on
the
Effective
Date
and
expiring
on
December
31
,
2019
(
the
Initial
Employment
Term
)
.
On
the
last
day
of
the
Initial
Employment
Term
,
this
Agreement
will
renew
automatically
for
additional
,
successive
one
year
terms
(
each
,
a
Renewal
Term
)
unless
one
Party
provides
the
other
Party
with
written
notice
of
non
-
renewal
at
least
30
days
prior
to
the
date
of
automatic
renewal
,
in
which
case
this
Agreement
will
expire
at
the
end
of
the
Initial
Employment
Term
or
Renewal
Term
,
as
applicable
(
the
Initial
Employment
Term
and
any
successive
Renewal
Terms
during
which
this
Agreement
remains
in
effect
,
collectively
,
the
Term
)
.
Non
-
renewal
at
the
end
of
the
Initial
Employment
Term
or
a
Renewal
Term
shall
constitute
neither
a
termination
without
Cause
(
as
defined
below
)
nor
a
resignation
for
Good
Reason
(
as
defined
below
)
under
this
Agreement
.
In
the
event
that
a
Change
in
Control
(
as
defined
below
)
occurs
during
the
Term
,
the
Term
automatically
will
be
extended
for
a
period
of
12
months
following
the
Change
in
Control
.
In
addition
,
to
the
extent
that
a
definitive
agreement
for
a
transaction
that
,
if
consummated
,
would
result
in
a
Change
in
Control
has
been
signed
,
the
Company
may
not
give
a
Notice
of
Non
-
Renewal
until
after
the
Change
in
Control
has
occurred
or
such
definitive
agreement
has
been
terminated
in
accordance
with
its
terms
.
Upon
the
termination
of
Executives
employment
with
the
Company
,
Executive
will
resign
from
all
directorships
,
offices
,
and
other
positions
that
Executive
may
hold
in
the
Company
and
all
of
its
affiliates
,
unless
otherwise
agreed
to
by
the
Company
.