Common use of Directorship Term Clause in Contracts

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; ; (c) the removal of the Director from the Board by the majority stockholders of the Company; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.:

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death or disability of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual or special stockholders meeting called for the purposes of electing directors, and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual written agreement of the Company and the Director; ; (c) the removal of the Director from the Board by in accordance with the majority stockholders of the CompanyBylaws and Delaware law; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death or disability of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the DirectorCompany; (c) the removal annual meeting of the Company’s stockholders in which Director from is not re-elected to the Board by the majority Company’s stockholders of in accordance with the Company’s certificate of incorporation and bylaws; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders stockholders’ meeting at which the Director is not elected to serve on the Board and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; ; (c) the removal of the Director from the Board by the majority stockholders of the Company; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” ”, as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) one (1) year from the date hereof, subject to a one (1) year renewal term upon re-election by the shareholders of the Company; (b) the death of the Director; Director (b“Death”); (c) the termination of the Director from his membership on the position of member of the Board by the mutual agreement of the Company and the Director; ; (cd) the removal of the Director from the Board by the majority stockholders shareholders of the Company; and (d) the resignation by the Director from the Board.;

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the a twelve (12) month period commencing on the Effective Date and terminating on shall automatically renew unless the earlier of the date of the next annual stockholders meeting and the earliest one of the following to events occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” ”, as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) one (1) year from the date hereof, subject to a one (1) year renewal term upon re-election by a majority of the shareholders of the Company; (b) the death of the Director; Director (b“Death”); (c) the termination of the Director from his membership on the position of member of the Board by the mutual agreement of the Company and the Director; ; (cd) the removal of the Director from the Board by the majority stockholders shareholders of the Company; and (d) the resignation by the Director from the Board.;

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the expiration of Director’s term of office as indicated in the Company’s Certificate of Incorporation; (b) the death of the Director; (bc) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; or (cd) the removal or resignation of the Director from the Board by the majority stockholders of in accordance with the Company; and (d) the resignation by the Director from the Board’s Certificate of Incorporation.

Directorship Term. The “Directorship Term,” ”, as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by in accordance with the majority stockholders governing documents of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his her membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “"Directorship Term,” ", as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the position of member of the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders votes of the Company; and ’s stockholders; (dc) the resignation by the Director from the BoardBoard for any reason.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the Company’s next annual stockholders shareholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by a majority vote of Company’s shareholders (or by any voting threshold required or specified in or under the majority stockholders governing documents of the Company; ), and (d) the Director’s resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board; or (e) three (3) years from the Effective Date.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting of the shareholders at which the Director is not elected as a member of the Board and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; ; (c) the removal of the Director from the Board by the majority stockholders of the Company; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual written agreement of the Company and the Director; ; (c) the removal of the Director from the Board by in accordance with the majority stockholders of the CompanyBylaws and Maryland law; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date hereof and terminating on the earlier of the date of the next annual stockholders meeting at which the Director is not elected as a member of the Board and the earliest of the following to occur: : (a) the death of the Director; ; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; ; (c) the removal of the Director from the Board by the majority stockholders of the Company; and and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date date the Director first became appointed to the Board and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “"Directorship Term,” " as used in this Agreement, shall mean the period commencing on the Effective Date January 1, 2022 and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “"Directorship Term,” " as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” ”, as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company Corporation and the Director; (c) the removal of the Director from the Board by in accordance with the majority stockholders governing documents of the CompanyCorporation; and (d) the resignation by the Director from the Board.

Directorship Term. ​ The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his her membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “"Directorship Term,” " as used in this Agreement, Agreement shall mean the period commencing on the Effective Date January 1, 2022 and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Start Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the a twelve (12) month period commencing on the Effective Date and terminating on shall automatically renew unless the earlier of the date of the next annual stockholders meeting and the earliest one of the following to occurevents occurs: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the holder(s) of a majority stockholders of the issued and outstanding shares of the Company; and or (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority of quorum of stockholders of the CompanyCompany entitled to vote; and (d) removal for cause, and (e) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting three years from commencement and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his their membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the CompanyCompany or the stockholder who appointed the Director, as applicable; and (d) the resignation by the Director from the Board.

Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority of quorum of stockholders of the CompanyCompany entitled to vote; and (d) removal for cause, (e) and the resignation by the Director from the Board.