The Company hereby continues to employ Executive as the Chief Development Officer of the Company, as described herein, until March 31, 2017, unless the Executive’s employment is earlier terminated as provided in Section 8, or unless Executive and the Company agree to extend the March 31, 2017 date. March 31, 2017, or any later termination date agreed-to by Executive and the Company, is referred to as the “ Automatic Termination Date .” The Executive’s termination on the Automatic Termination Date (if applicable) is referred to as an “ Automatic Termination .” Executive’s position shall be full time. Executive agrees to be employed by the Company in such capacity and to discharge and perform faithfully and to the best of her ability such duties and services of an executive, administrative and managerial nature consistent with her position, as applicable, as shall be specified and determined from time to time by the Board of Directors of Parent (the “Board”) or the Company’s Chief Executive Officer (the “ CEO ”) after consultation with Executive.