Common use of Term of Service Clause in Contracts

Term of Service. The Company hereby retains the Consultant for a period of three (3) years beginning as of the Effective Date, which term shall be automatically renewable upon mutual consent of the parties for additional one-year terms as provided herein, unless sooner terminated as provided in Section 8 below (the “Term”). The Term and any extension thereof shall be referred to herein as the “Consulting Period.” Any Services, as defined below, provided hereunder, and any compensation paid prior to the date this Agreement is executed by the parties, but after the Effective Date, shall be included in this Agreement.

Term of Service. The Company hereby retains the Consultant for a period of three twelve (312) years months beginning as of the Effective Date, which term shall be automatically renewable upon mutual consent of the parties for additional one-year terms as provided herein, unless sooner terminated as provided in Section 8 7 below (the “Term”). The Term and any extension thereof shall be referred to herein as the “Consulting Period.” Any Services, as defined below, Services provided hereunder, and any compensation paid prior to the date this Agreement is executed by the parties, but after the Effective Date, shall be included in this Agreement.