The term of this Agreement shall commence on the Effective Date and continue through midnight on April 24, 2022, unless earlier terminated in accordance with Article IV. This Agreement may be extended by mutual agreement of the parties in writing. No later than forty-five (45) days before the fourth (4 th ) anniversary of the Effective Date, the Company shall notify Executive whether or not the Company will extend his employment beyond the term of this Agreement. In the event the Company declines to extend Executive’s employment, upon the actual termination of this Agreement (whether by its expiration or by the Company without Cause), Executive shall receive the compensation and benefits outlined in Section 4.3 as though the Company had terminated Executive’s employment without Cause. For the avoidance of doubt, in the event Executive declines to extend this Agreement other than for Good Reason (as defined in Section 1.6 and as provided for in Section 4.4), he shall not be entitled to receive the compensation and benefits outlined in Section 4.3.