The Employer agrees to employ Executive, and Executive accepts such employment hereunder, for a period beginning on the Effective Date through December 31, 2017 (the “Initial Termination Date”) unless terminated sooner in accordance with Section 1(c) (the “Employment Period”). Notwithstanding the foregoing, the Employment Period shall be automatically extended for an additional one-year period beginning on the Initial Termination Date and on each subsequent anniversary of the Initial Termination Date thereafter unless either party notifies the other party in writing of its decision not to extend the Employment Period at least 90 days prior to the automatic extension thereof or the Employment Period is otherwise terminated in accordance with Section 1(c) .