Common use of Renewal by the Company after the Initial Term and Severance Package if not renewed Clause in Contracts

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant in writing at least 90 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next three-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 calendar day Company's Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a three-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 90-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the Consultant's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx all of the amounts otherwise payable to the Consultant under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx the following amounts in the following manner, however, subject, at all times, to the Consultant's ongoing compliance with the Consultant's obligations under Article "5" hereinbelow, such ongoing compensation representing the Consultant's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant Executive in writing at least 90 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next three-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 calendar day Company's Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a three-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 90-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the ConsultantExecutive's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx Executive all of the amounts otherwise payable to the Consultant Executive under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx Executive under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx Executive the following amounts in the following manner, however, subject, at all times, to the ConsultantExecutive's ongoing compliance with the ConsultantExecutive's obligations under Article "5" hereinbelow, such ongoing compensation representing the ConsultantExecutive's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant Executive in writing at least 90 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next three-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 calendar day Company's Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a three-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 90-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the ConsultantExecutive's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx Executive all of the amounts otherwise payable to the Consultant Executive under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx Executive under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx Executive the following amounts in the following manner, however, subject, at all times, to the ConsultantExecutive's ongoing compliance with the ConsultantExecutive's obligations under Article "5" hereinbelow, such ongoing compensation representing the ConsultantExecutive's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "“3.3"”, "“3.4"”, "“3.5"”, "“3.6", "3.7", "3.8" ” and "“5.3" ” hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The If the Company agrees intends to notify not renew this Agreement, whether at the Consultant in writing end of the Initial Term or any Renewal Period, then the Company will provide written notice to the Executive (a “Company’s Non-Renewal Notice”) at least 90 30 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (or the "Company's Non-Renewal Notice")Period, as applicable. Should If the Company fail fails to provide a Company's ’s Non-Renewal NoticeNotice at the end of the Initial Term, then this Agreement shall automatically renew on a threeone-month to threeone-month term renewal basis after the Initial Term until otherwise specifically renewed in writing Term, or for such other period as agreed to by each of the Parties hereto for the next three-month term of at that time (any such renewal orperiod, otherwisea “Renewal Period”), until terminated upon delivery by the Company by delivery of a corresponding and follow-up 90 calendar day Company's ’s Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder)as provided hereinabove. Any such Renewal Period on a three-month basis shall will be on the same terms and conditions contained herein unless such terms are modified and agreed to in writing by the Parties in advance. Should the Company, however, provide Following delivery of a Company's ’s Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 that has been provided at least 30 calendar days prior to the end of such the Initial Term or Renewal Period as the case may be (in such case, the end day immediately following the final day of such 90-day period from such Company's Non-Initial Term or Renewal Notice Period, as applicable, being the "“Effective Termination Date" herein”), (i) the Consultant's ongoing obligation Executive will continue to provide the General Services will continue until the Effective Termination Date and, subject to and (ii) the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall Company will continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx Executive all of the amounts otherwise payable to the Consultant Executive under Article "“4" ” hereinbelow until the Effective Termination Date. In this regard, and in addition to all the payment of such amounts by the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx under Article "4" hereinbelow until the Effective Termination DateCompany, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx Executive the following amounts and in the following mannermanner (collectively, howeverthe “Severance Package”), subject, at all times, to the Consultant's Executive’s ongoing material compliance with the Consultant's Executive’s obligations under Article "“5" ” hereinbelow, such ongoing Severance Package compensation representing the Consultant's Executive’s clear and unequivocal Severance Package severance package for the non-renewal of this Agreement by the Company upon the completion of the Initial Term or any Renewal Period of this AgreementPeriod:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant Executive in writing at least 90 30 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next threeone-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 30 calendar day Company's Non-Renewal Notice in connection with and within 90 30 calendar days prior to the end of any such threeone-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a threeone-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 30 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 9030-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the ConsultantExecutive's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx Executive all of the amounts otherwise payable to the Consultant Executive under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx Executive under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx Executive the following amounts in the following manner, however, subject, at all times, to the ConsultantExecutive's ongoing compliance with the ConsultantExecutive's obligations under Article "5" hereinbelow, such ongoing compensation representing the ConsultantExecutive's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant in writing at least 90 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next three-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 calendar day Company's Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a three-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 90-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the Consultant's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx all of the amounts otherwise payable to the Consultant under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx the following amounts in the following manner, however, subject, at all times, to the Consultant's ongoing compliance with the Consultant's obligations under Article "5" hereinbelow, such ongoing compensation representing the Consultant's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement:

Renewal by the Company after the Initial Term and Severance Package if not renewed. Subject at all times to sections "3.3", "3.4", "3.5", "3.6", "3.7", "3.8" and "5.3" hereinbelow, this Agreement shall renew automatically if not specifically terminated in accordance with the following provisions. The Company agrees to notify the Consultant Executive in writing at least 90 calendar days prior to the end of the Initial Term of its intent not to renew this Agreement (the "Company's Non-Renewal Notice"). Should the Company fail to provide a Company's Non-Renewal Notice, this Agreement shall automatically renew on a three-month to three-month term renewal basis after the Initial Term until otherwise specifically renewed in writing by each of the Parties hereto for the next three-month term of renewal or, otherwise, terminated upon delivery by the Company of a corresponding and follow-up 90 calendar day Company's Non-Renewal Notice in connection with and within 90 calendar days prior to the end of any such three-month term renewal period (in each such instance a "Renewal Period" hereunder). Any such Renewal Period on a three-month basis shall be on the same terms and conditions contained herein unless modified and agreed to in writing by the Parties in advance. Should the Company, however, provide a Company's Non-Renewal Notice either during the Initial Term or during any Renewal Period hereunder and within 90 calendar days prior to the end of such Initial Term or Renewal Period as the case may be (the end of such 90-day period from such Company's Non-Renewal Notice being the "Effective Termination Date" herein), the ConsultantExecutive's ongoing obligation to provide the General Services will continue until the Effective Termination Date and, subject to the following severance package (the "Severance Package" herein) obligation of the Company, the Company's shall continue to be obligated to provide and to pay to the Consultant and to Xx. Xxxxxx Executive all of the amounts otherwise payable to the Consultant Executive under Article "4" hereinbelow until the Effective Termination Date. In this regard, and in addition to all of the amounts otherwise due and payable to the Consultant and Xx. Xxxxxx Executive under Article "4" hereinbelow until the Effective Termination Date, the Company shall also pay and provide to the Consultant and Xx. Xxxxxx Executive the following amounts in the following manner, however, subject, at all times, to the ConsultantExecutive's ongoing compliance with the ConsultantExecutive's obligations under Article "5" hereinbelow, such ongoing compensation representing the ConsultantExecutive's clear and unequivocal Severance Package for the non-renewal of this Agreement upon the completion of the Initial Term or any Renewal Period of this Agreement: