This Agreement shall be in effect from the date hereof through the last date of the Directors current term as a member of the Board. This Agreement shall be automatically renewed on the date of the Directors reelection as a member of the Board for the period of such new term unless the Board determines not to renew this Agreement. Any amendment to this Agreement must be approved by the Board. Amendments to Section IV Compensation hereof do not require the Directors consent to be effective.
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