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 the date of this Agreement; (ii) the period of time during which the Executive is an employee of the Employer or any of its subsidiaries named in Section 3.1 below or otherwise 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.”