Term. The term of the Employee's new employment agreement hereunder shall commence effective on ​ and (except as otherwise provided in this Agreement) shall continue through ​ and (except as otherwise provided in this Agreement) shall thereafter be automatically renewed for successive annual terms ending each June 30 unless either the Company or Employee gives notice of nonrenewal not less than 30 days prior to the end of the then current term (the "Employment Period").

Employment Term of Agreement. The termEmployment Term of the Employee's new employment agreement hereunderthis Agreement shall commence effective on ​ and (except as otherwise provided in this Agreement) shall continue through ​ and (except as otherwise provided in this Agreement)effect for a period of twenty-four (24) months. Thereafter, the Agreement shall thereafterautomatically be automatically renewed for successive annualadditional consecutive extension terms ending each June 30of twelve (12) months unless either party gives the Company or Employee givesother thirty (30) days’ written notice of nonrenewal not less than 30 days prior to the endexpiration of the then current term (the "Employment Period").of that party’s intent to not renew the term.

This Agreement commences ​ (“Effective Date”), and ends on ​ (the “Employment Period”), and (except as otherwise provided in this Agreement) shall continue through ​ and (except as otherwise provided in this Agreement) shall thereafter be automatically renewed for successive annual terms ending each June 30extended from year to year unless either the Company or Employee gives written notice of nonrenewalnon-renewal on or before ​ (but not lessbefore ​), or annually on or before July 1st thereafter (but no earlier than 30 days priorJune 1st) that the Employment Period shall not be extended. The term “Employment Period” shall refer to the end of the then current term (the "Employment Period").Employment Period if and as so extended.

Employee’s new employment agreement hereunder shall be for three twelve month periods (the “Initial Term”), to commence effective on ​ and (except as otherwise provided inend thirty-six months from the date of this Agreement) shall continue through ​ and (except as otherwise provided in this Agreement) shall thereafter be automatically renewed for successive annual terms ending each June 30 unless eitherAgreement. Thereafter, the Company may elect to extend employment to Employee for one or more additional twelve-month periods (the “Subsequent Term”), commencing thirty-six months from the date hereof. A twelve-month period shall be deemed a Contract Year. For all compensation and benefit purposes, other than those specifically addressed herein, the Employee gives notice of nonrenewal not less than 30 days priorshall be deemed to have been continually employed with the end of the then current term (the "Employment Period")Employer from ​.