On the terms and conditions set forth in this Agreement, effective as of the Effective Date the Company agrees to employ the Executive, and the Executive agrees to be employed by the Company, for the term set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. For the avoidance of doubt, APUS, the Company and the Executive mutually agree that the Executive’s role as an officer of APUS shall terminate on the Effective Date, and that in connection therewith (a) on that date APUS was no longer be deemed to be a party hereto, except that it will continue to be able to enforce its rights arising prior to the date hereof, including with respect to Sections 8 and 9, and (b) the Executive shall not be entitled to any benefits pursuant to Section 10 hereof as a result thereof.