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Gerace Doesn’t Renew Pact
SHARONVILLE, OH—Multi-Color Corp. announced that Frank Gerace, its president and CEO, has provided the required notice that he does not intend to renew his employment agreement when it expires on March 31, 2011. Under the terms of his deal, Gerace’s contract would have renewed automatically unless he or the company provided a notice of non-renewal at least 24 months prior to its expiration.
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