CAR » Topics » Term

This excerpt taken from the CAR 8-K filed Jan 29, 2010.
Term”), subject to earlier termination as provided in this Agreement.  For the avoidance of doubt, the expiration of the Term, and the corresponding termination of the Executive’s employment, at the end of the Term shall in no event constitute a “Without Cause Termination” or a “Constructive Discharge” (each, as defined in Section VII(c) below) for any purpose hereunder.

SECTION IV

COMPENSATION AND BENEFITS

For all services rendered by the Executive pursuant to this Agreement during the Period of Employment, including services as an executive officer, director or committee member of the Company or any subsidiary or affiliate of the Company, the Executive shall be compensated as follows:

(a) Base Salary.

(i) Subject to the provisions of Sections IV(a)(ii) and (iii) hereof, the Company shall initially pay the Executive a fixed base salary (“
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