https://elkrammornaki.ga Section 4 of the Agreement is hereby amended and restated as follows: Thereafter, the employment period hereunder shall be automatically extended repetitively for an additional one 1 year period on January 1, , and each one-year anniversary thereafter, unless Notice of Termination pursuant to Section 7 is given by either the Company or Executive to the other Party at least 90 days prior to the end of the Initial Term of Employment, or any one-year extension thereof, as applicable, that the Agreement will not be renewed for a successive one-year period after the end of the current period.
The Company and Executive shall each have the right to give Notice of Termination at will, with or without cause, at any time subject, however, to the terms and conditions of this Agreement regarding the rights and duties of the Parties upon termination of employment. Section 5 a of the Agreement is hereby amended and restated as follows: The Company shall also provide Executive with suitable office space, including staff support.
Basic Energy Services, Inc. Fort Worth, Texas Entire Agreement; Amendment and Termination.
This Amendment and the Agreement contain the entire agreement of the Parties hereto with respect to the matters covered by the Agreement and this Amendment ; moreover, the Agreement, as amended by this Amendment , supersedes all prior and contemporaneous agreements and understandings, oral or written, between the Parties concerning the subject matter hereof. Th e Agreement, as amended by this Amendment, may be amended, waived or terminated only by a written instrument that is identified as an amendment or termination hereto and that is executed on behalf of both Parties.
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