Common use of Establishment, Term, and Purpose Clause in Contracts

Establishment, Term, and Purpose. This Agreement will commence on the Effective Date and, subject to Article 3, shall continue in effect for three (3) full years. However, at the end of such three (3) year period and, if extended, at the end of each additional year thereafter, the term of this Agreement shall be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to the end of such term, or extended term, to the Executive, that the Agreement will not be extended. In the latter case, the Agreement will terminate at the end of the term, or extended term, then in progress, or as provided in Article 3. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the month in which such Change in Control occurred; or (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.

Establishment, Term, and Purpose. This Agreement will commence on the Effective Date and, subject to Article 3, and shall continue in effect for three (3) full years. However, at the end of such three (3) year period and, if extended, at the end of each additional year thereafter, the term of this Agreement shall be extended automatically for one (1) additional year, unless the Committee Company delivers written notice six (6) months prior to the end of such term, or extended term, to the Executive, that the Agreement will not be extended. In the latter such case, the Agreement will terminate at the end of the term, or extended term, then in progress, or as provided in Article 3. HoweverNotwithstanding the preceding, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: a period of two (i2) twenty-four (24) months beyond the month in which years after such Change in Control occurred; or Control, and if within said two (ii2) years the contingency factors occur which would entitle the Executive to the Severance Benefits as provided herein, this Agreement shall remain in effect until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.

Establishment, Term, and Purpose. This Agreement will shall commence on the Effective Date and, subject to Article 3, and shall continue in effect for three (3) full yearsyears (i.e., until the day before the third anniversary of the Effective Date). However, at the end of the first year of such three (3) year period and, if extended, and at the end of each additional year thereafter, the term of this Agreement shall be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to the end of the first year of such term, or extended term, to the Executive, that the Agreement will not be extended. In the latter such case, the Agreement will terminate at the end of the term, or extended term, then in progress, or as provided in Article 3. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for not less than the longer of: (i) twenty-four (24) months beyond the month in which such Change in Control occurredoccurs; or (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.

Establishment, Term, and Purpose. This Agreement completely replaces and supersedes the provisions of the prior executive agreement the Executive had with FMC. The Executive agrees that no benefits will be paid to the Executive by FMC or the Company under the terms of such prior executive severance agreement. This Agreement will commence on the Effective Date and, subject to Article 3, shall and will continue in effect for three (3) full years. However, at the end of such a three (3) year period andterm, if extended, at until the end third anniversary of the Effective Date. Upon each additional year thereafteranniversary of the Effective Date, the term of this Agreement shall will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to the end of such term, or extended term, anniversary to the Executive, Executive that the this Agreement will not be extended. In the latter such case, the this Agreement will terminate at the end of the term, or extended term, then in progress, or as provided in Article 3. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the month in which such Change in Control occurred; or and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.