Magnum hereby agrees to employ Executive, and Executive hereby agrees to accept employment with Magnum, upon the terms and conditions contained in this Agreement. Executive’s employment with Magnum under the terms of this Agreement shall commence on the Effective Date and shall continue, subject to earlier termination of such employment pursuant to the terms hereof, until (and including) December 31, 2019 (the “ Employment Period ”). This Agreement shall automatically renew for a period of twenty four (24) months commencing January 1, 2020, and on every twenty four (24) month anniversary of January 1, 2020 thereafter unless one of the parties provides written notice of intent to terminate not less than sixty (60) days prior to January 1, 2020 or any such twenty four (24) month anniversary thereafter; provided, however, that Cedar Fair shall have the right to terminate this Agreement at any time, subject to the obligations to provide the benefits and make the payments provided herein. The term of Executive’s employment, as set forth herein and as it may be extended pursuant to this Section 1, is hereinafter referred to as the “Employment Period”.