Employment; Position; Term. The Company hereby employs the Executive, and the Executive hereby accepts employment with the Company, in the capacity of Chief Executive Officer. Subject to Section 4, the term of the Executive's employment under this Agreement shall be for two (2) years, beginning July 1, 2003. The term of this Agreement shall be extended for successive one-year periods on July 1 of each year beginning July 1, 2005, unless on or before three months prior to any such renewal date the Company or the Executive provides written notice to the other of its or his intention not to renew.
Employment; Position; Term. The Company hereby employs the Executive and the Executive hereby accepts employment with the Company in the capacity of Chief Financial Officer. Subject to Section 4, the term of Executive's employment under this Agreement (the "Term") shall be for 36 months, beginning April 16, 1998 and ending April 15, 2001.
Employment; Position; Term. The Company and the Executive hereby agree to the Executive’s employment by the Company in the position of Vice President Facilities and Information Technology (the “Position”). Subject to earlier termination pursuant to the terms of Section 5, the initial term of this Agreement shall be for thirty-six (36) months, beginning May 1, 2010 and ending at 5:00 Mountain Time on April 30, 2013. Beginning on May 1, 2013 and on each May 1st thereafter (any such day being referred to herein as a “Renewal Date”) the term of this Agreement shall be extended automatically for one additional year unless the Company has provided Executive with written notice at least 120 days in advance of the next Renewal Date that the term of this Agreement shall not be so extended.
Employment; Position; Term. The Company hereby employs the ---------------------------- Executive, and the Executive hereby accepts employment with the Company, in the capacity of Chief Operating Officer, Chief Financial
Employment; Position; Term. The Company hereby employs the Executive and the Executive hereby accepts employment with the Company in the capacity of Vice President of Engineering. Subject to Section 4, the term of Executive's employment under this Agreement (the "Term") shall be for 36 months, beginning January 1, 1998 and ending December 31, 2000.
Employment; Position; Term. The Company hereby employs the ---------------------------- Executive, and the Executive hereby accepts employment with the Company, in the capacity of Vice President-Air Medical Services Division. Subject to Section 4, the term of the Executive's employment under this Agreement shall be for one (1) year, beginning April 1, 2000. The term of this Agreement shall be extended for successive one-year periods on April 1 of each year beginning April 1, 2001, unless on or before February 1, prior to any such renewal date, the Company or the Executive provides written notice to the other of its intention not to renew.
Employment; Position; Term. The Company hereby employs the Executive and the Executive hereby accepts employment with the Company in the capacity of DIRECTOR OF PRODUCT MANAGEMENT. Subject to Section 4, the term of Executive's employment under this Agreement (the "Term") shall be for 12 months, beginning on the first calendar day following the date on which the Company acquires Apexx Technology, Inc.
Employment; Position; Term. Employer hereby employs Executive, and Executive agrees to be employed as President of Company and President of Bank for a term commencing as of the Effective Date and ending on the third anniversary of the Effective Date (“Term of Employment”); provided, however, that, commencing on the date one year after the Effective Date, and on each annual anniversary of such date (such date and each annual anniversary thereof, a “Renewal Date”), unless previously terminated, the Term of Employment shall be automatically extended so as to terminate three years from such Renewal Date, unless, at least 60 days prior to the Renewal Date, either Employer or Executive gives notice to the other that the Term of Employment shall not be so extended (“Notice of Non-Renewal”). By way of example, in the absence of a Notice of Non-Renewal, the Term of Employment starting July 1, 2015 shall be extended on July 1, 2016 from a term ending on July 1, 2018 to a term ending on July 1, 2019. Upon the timely delivery by either party of a Notice of Non-Renewal, the Term of Employment shall no longer be subject to the automatic extension provided for herein, but rather shall expire upon the conclusion of the then Term of Employment (“Expiration of Term Due to Non-Renewal”).
Employment; Position; Term. The Company hereby employs the Executive and the Executive hereby accepts employment with the Company in the capacity of VICE PRESIDENT OF MARKETING. Subject to Section 4, the term of Executive's employment under this Agreement (the "Term") shall be for 36 months, beginning APRIL 20, 1998 and ending APRIL 19, 2001.
Employment; Position; Term. Employer hereby employs Executive, and Executive agrees to be employed as President of Company and President and Chief Lending Officer of Bank for a term commencing as of the Effective Date and ending on the second anniversary of the Effective Date, April 1, 2010 (“Term of Employment”); provided, however, that, commencing on the date one year after the Effective Date, and on each annual anniversary of such date (such date and each annual anniversary thereof, the “Renewal Date”), unless previously terminated, the Term of Employment shall be automatically extended so as to terminate two years from such Renewal Date, unless, at least 60 days prior to the Renewal Date, either Employer or Executive gives notice to the other that the Term of Employment shall not be so extended (“Notice of Non-Renewal”). By way of example, on April 1, 2009, the Term of Employment shall be extended from a term ending on April 1, 2010 to a term ending on April 1, XXXXXXXXX & XXXXXXXXX, LLP, 000 XXXX XX XXXX XXXXXX, LOWELL, MASSACHUSETTS 01852
