How long is RG "interim"?

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gcduck

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How long is RG "interim"?

posted on Jun 02, 2008 08:49AM

I still don't understand his contract:

On the hand it says:

"...providing that the interim period not exceed nine (9) months from the Effective Date."

On the other hand it says:

"The employment relationship pursuant to this Agreement shall be for an initial one hundred twenty (120) day period commencing on the Effective Date set forth above ("Initial Term")"

And within this paragraph it additionally says:

"On completion of the Initial Term specified above, and if not terminated pursuant to Section 7 below, this Agreement will extend for a one year term ("One Year Term")..."

Hm, let me try this:

He's 120 days CEO and after this time (=end of June) he gets a one-year contract, but while this time he is still INTERIM CEO for maximum nine months?