SIRO » Topics » Term

This excerpt taken from the SIRO DEF 14A filed Jan 28, 2009.

Term

The 2006 Plan went into effect on December 6, 2006. Unless sooner terminated, the 2006 Plan will expire on December 6, 2016. Awards outstanding at the expiration of the term of the 2006 Plan will continue in accordance with their terms.

These excerpts taken from the SIRO 8-K filed Jun 20, 2006.
            Term

The term of Employee’s employment hereunder shall commence on the date of the Closing and continue until December 15, 2007 (the “Initial Term of Employment”). This Agreement and Employee’s employment thereunder shall automatically renew thereafter for successive periods of one (1) year, unless the Company or Employee give written notice of termination to the other at least 90 days before the end of the then-current term.

IV           

Term

The term of Employee’s employment hereunder shall commence on the date of the Closing and continue until June 15, 2007 (the “Initial Term of Employment”). This Agreement and Employee’s employment thereunder shall automatically renew thereafter for successive periods of one (1) year, unless the Company or Employee give written notice of termination to the other at least 90 days before the end of the then-current term.

IV           

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