Common use of Expiration of the Employment Term Clause in Contracts

Expiration of the Employment Term. If Executive and the Company have not mutually agreed to extend the Employment Term, the Company and Executive have not entered into a new employment agreement, the Employment Term and Executive's employment with the Company shall terminate on December 31, 2009, and such termination shall not be considered a termination by the Company without Cause.

Expiration of the Employment Term. If (i) If, as of May 30, 2003, Executive and the Company have not mutually agreed to extend the Employment Term, Term or the Company and Executive have not entered into a new employment agreement, the Employment Term and Executive's employment with the Company shall terminate on December 31May 30, 2009, 2003 and such termination shall not be considered a termination by the Company without CauseCause or a resignation by Executive with Good Reason.

Expiration of the Employment Term. If Executive Employee and the Company have not mutually agreed to extend the Employment Term, the Company and Executive Employee have not entered into a new employment agreement, the Employment Term and ExecutiveEmployee's employment with the Company shall terminate on December 31June 1, 20092007, and such termination shall not be considered a termination by the Company without Cause.