Document ID: 16016

Text:
1.1. Term. Subject to Section 3 hereof, the Company agrees to continue to employ the Executive, and the Executive agrees to continue to be employed by the Company, in each case pursuant to this Agreement, for a period commencing on the Effective Date and ending on the fifth anniversary of the Effective Date (the Initial Term); provided, however, that the period of the Executives employment pursuant to this Agreement shall be automatically extended for successive one-year periods thereafter (each, a Renewal Term), in each case unless either Party hereto provides the other Party hereto with written notice that such period shall not be so extended at least 30 days in advance of the expiration of the Initial Term or the then-current Renewal Term, as applicable (the Initial Term and any Renewal Term, collectively, the Term). The Executives period of employment pursuant to this Agreement shall hereinafter be referred to as the Employment Period.

Named Entities:
55
56
TerminationDate
88
88
RenewalTerm

Tokenized Text:
1
.
1
.
Term
.
Subject
to
Section
3
hereof
,
the
Company
agrees
to
continue
to
employ
the
Executive
,
and
the
Executive
agrees
to
continue
to
be
employed
by
the
Company
,
in
each
case
pursuant
to
this
Agreement
,
for
a
period
commencing
on
the
Effective
Date
and
ending
on
the
fifth
anniversary
of
the
Effective
Date
(
the
Initial
Term
)
;
provided
,
however
,
that
the
period
of
the
Executives
employment
pursuant
to
this
Agreement
shall
be
automatically
extended
for
successive
one-year
periods
thereafter
(
each
,
a
Renewal
Term
)
,
in
each
case
unless
either
Party
hereto
provides
the
other
Party
hereto
with
written
notice
that
such
period
shall
not
be
so
extended
at
least
30
days
in
advance
of
the
expiration
of
the
Initial
Term
or
the
then-current
Renewal
Term
,
as
applicable
(
the
Initial
Term
and
any
Renewal
Term
,
collectively
,
the
Term
)
.
The
Executives
period
of
employment
pursuant
to
this
Agreement
shall
hereinafter
be
referred
to
as
the
Employment
Period
.