(1) Section 113(3)--
renumber as section 113(5).
(2) Section 113--
insert--
'(3) The contract may provide that, if the person's employment as a senior executive continues to the end of the term of the person's appointment as senior executive, a further contract of employment may be entered into under this section.
'(4) The entry into a further contract of employment as mentioned in subsection (3) extends the person's appointment by the further term stated in the contract.'.