EX-10.3
from 10-K
9 pages
Section 1.01 Employment. Subject to Article 3, the Company Hereby Agrees to Employ Executive and Executive Hereby Agrees to Be Employed by the Company, in Accordance With This Agreement, for the Period Commencing as of the Effective Date and Ending on the Third Anniversary of the Effective Date ("Initial Term"); Provided, However, That Beginning on the Day Immediately Preceding the Third Anniversary of the Effective Date of This Agreement and on the Day Immediately Preceding Each Anniversary of This Agreement Thereafter, the Initial Term Shall Automatically Be Extended One Additional Year Unless Either Party Gives Written Notice to the Other Party 60 Days Prior to the Next Anniversary of This Agreement That It or He, as Applicable, Does Not Wish to Extend This Agreement. Executive's Continued Employment After the Expiration of the Initial Term Shall Be in Accordance With and Governed by This Agreement, Unless Modified by the Parties to This Agreement in Writing. for Purposes of This Agreement the Initial Term and Any Extended Term Shall Be Referred to as the "Term". Section 1.02 Responsibilities; Loyalty
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