Common use of Engagement of Executive Clause in Contracts

Engagement of Executive. The Company agrees to employ Executive as the Chief Executive Officer and President of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March 31, 2009 (the “Employment Period”); provided, however, that, effective on April 1, 2008, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.

Engagement of Executive. The Company agrees to employ Executive as the Chief Executive Officer and President Vice President/Business Information Division of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March 31, 2009 (the “Employment Period”); provided, however, that, effective on April 1, 2008, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.

Engagement of Executive. The Company agrees to employ Executive as the Vice President and Chief Executive Financial Officer and President of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March July 31, 2009 2011 (the “Employment Period”); provided, however, that, effective on April August 1, 20082010, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.

Engagement of Executive. The Company agrees to employ Executive as the Executive Vice President and Chief Executive Operating Officer and President of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March July 31, 2009 2011 (the “Employment Period”); provided, however, that, effective on April August 1, 20082010, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.

Engagement of Executive. The Company agrees to employ Executive as the Chief Executive Officer Vice President and President General Counsel of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March 31July 12, 2009 2012 (the “Employment Period”); provided, however, that, effective on April 1July 13, 20082011, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.

Engagement of Executive. The Company agrees to employ Executive as the Executive Vice President and Chief Executive Financial Officer and President of the Company and Executive accepts such employment by the Company for a period of two (2) years beginning on the Effective Date and ending on March 31, 2009 (the “Employment Period”); provided, however, that, effective on April 1, 2008, the Employment Period shall, on a daily basis, be automatically extended by one (1) day, such that at any time, the remaining Employment Period shall be one (1) year; provided further that such day-to-day extensions shall cease in the event either the Company or Executive, as the case may be, provides written notice of such cessation to the other party and such cessation of the automatic extensions shall be effective as of the date of delivery of such notice as determined pursuant to Section 5.2 below. Notwithstanding anything to the contrary contained herein, the Employment Period is subject to termination by the Company or Executive pursuant to Section 3 below.