The term of employment under this Agreement (the “Employment Period”) shall commence on December 1, 2017 and terminate on December 1, 2020, unless earlier terminated pursuant to the termination provisions set forth herein or extended for successive one-year periods outlined below in this paragraph. Notwithstanding anything to the contrary herein, the parties acknowledge and agree that the Company may only terminate Executive’s employment for Due Cause (as hereinafter defined). At the end of the Employment Period, this Agreement will be automatically renewed for successive one-year terms unless either the Executive or Company shall, upon three months written notice to the other, elect not to renew this Agreement for any year. Non-renewal of the Agreement by either shall be deemed a termination pursuant to section 3.5 and shall be subject to the severance compensation provisions related to termination under that Section.