Common use of Advisory Term Clause in Contracts

Advisory Term. Immediately upon the expiration of the CEO Term, IEC shall employ Executive as an Advisor to the Board of Directors, and Executive shall serve IEC for a period terminating on December 31, 2020 unless earlier terminated as provided herein (the “Advisory Term”).

Advisory Term. Immediately upon the expiration of the CEO Term, IEC shall employ Executive in an active and ongoing capacity as an Advisor to the Board of Directors, and Executive shall serve IEC for a period terminating on December 31, 2020 unless earlier terminated as provided herein (the “Advisory Term”).