Applicable Restricted Period

Applicable Restricted Period. The period, commencing on the date of this Agreement and ending the later of (i) twenty-four (24) months after the first date on which none of the Specified Companies employs the Restricted Party (without regard to reasons for termination) and (ii) the fifth anniversary of this Agreement; provided, however, that effective as of January 1, 2013, the period set forth in clause (i) shall be reduced from twenty-four (24) months to twelve (12) months solely for purposes of Section 5 hereof.