Common use of Term Dates Clause in Contracts

Term Dates. 2.1 The term of the Executive’s employment shall commence on the Effective Date (as defined below) and continue until the fifth annual anniversary thereof (the “Employment Agreement Term”), unless earlier terminated in accordance with this Agreement. 2.2 This Agreement refers to the dates defined in this section, as follows: (i) the date of commencement of employment is the “Effective Date”, which date shall be deemed to be the earliest of (x) the date on which the acquisition of CKX, Inc. (“CKX”) by 19X, Inc. (“19X”) is consummated, (y) the date on which CKX hires a suitable replacement to fill the role of Chief Financial Officer, the search for which would only commence upon termination of the merger agreement between CKX and 19X, and (z) that date that is six (6) months following termination of the merger agreement between CKX and 19X; (ii) the period of time during which the Executive is an employee of the Employer pursuant to and in accordance with the terms and provisions of this Agreement is hereinafter referred to as the “Term”; and (iii) the last date of employment is the “Expiration Date.”

Term Dates. 2.1 The term of the Executive’s employment shall commence on the Effective Date (as defined below) and continue until the fifth annual anniversary thereof (the “Employment Agreement Term”), unless earlier terminated in accordance with this Agreement. 2.2 This Agreement refers to the dates defined in this section, as follows: (i) the date of commencement of employment is the “Effective Date”, which date shall be deemed to be mean the earliest earlier of (x) the date on which the acquisition of CKX, Inc. (“CKX”) by 19X, Inc. (“19X”) is consummated, consummated or (y) the date on which CKX hires a suitable replacement to fill the role of Chief Financial Officer, the search for which would only commence upon termination of the merger agreement between 19X and CKX is terminated; provided, however, this Agreement shall not take effect unless and until the Executive’s employment agreement with CKX or 19X, as the case may be, is amended to acknowledge the terms of this Agreement and (z) that date that is six (6) months following termination allow for the performance of the merger agreement between CKX and 19XExecutive’s obligations hereunder; (ii) the period of time during which the Executive is an employee of the Employer pursuant to and in accordance with the terms and provisions of this Agreement is hereinafter referred to as the “Term”; and (iii) the last date of employment is the “Expiration Date.”