Common use of TITLE; TERM Clause in Contracts

TITLE; TERM. You will be employed as Executive Vice President and Chief Financial Officer, reporting to Del's Chief Executive Officer, and based in Del's offices in Long Island, New York, or such other place as Del may designate in the New York metropolitan area. The term of this Agreement will be three (3) years, commencing on August 1, 2000 (the "EFFECTIVE DATE") and terminating on July 31, 2003, unless sooner terminated or extended pursuant to the provisions of this Agreement (the "TERM"). Del agrees to provide six (6) months notice of its intent not to renew this Agreement. If Del elects not to renew this Agreement, you will continue to work in, and perform all of the duties and responsibilities of your assignment, following the decision, through the term of the Agreement unless terminated earlier, by either party, pursuant to the terms of this agreement.

TITLE; TERM. You will be employed as Executive Vice President and Chief Financial OfficerPresident, Global Operations, reporting to Del's ’s Chief Executive Operating Officer, and based in Del's ’s offices in Long Island, New York, or such other place as Del may designate in the New York metropolitan area. The term of this Agreement will be three two (32) years, commencing on August 1July 5, 2000 2005 (the "EFFECTIVE DATE"“Effective Date”) and terminating on July 315, 20032007, unless sooner terminated or extended pursuant to the provisions of this Agreement (the "TERM"“Term”). Del agrees to provide six (6) months notice of its intent not to renew this Agreement. If Del elects not to renew this Agreement, you will continue to work in, and perform all of the duties and responsibilities of your assignment, following the decision, through the term of the Agreement unless terminated earlier, by either party, pursuant to the terms of this agreement.