The initial term (the "Initial Term") of this Agreement shall commence on the Effective Date of this Agreement and continue through midnight on December 31, 2016, unless otherwise terminated in accordance with the provisions of Sections 6 or 15. Unless terminated, this Agreement shall automatically renew for additional terms of three years (each such term shall be referred to as a "Renewal Term"). In addition to the right to terminate set forth in Sections 6 and 15, either the Employer or the Executive shall have the right to terminate this Agreement at any time during or at the end of the Term or any Renewal Term by giving the other party thirty (30) days' advance written notice (the "Notice Period") at any time stating his/its intention to terminate the Agreement. Such termination will be effective at the end of the Notice Period and, if notice is given by the Employer, shall be treated as a termination without Cause.