Common use of Additional Reductions Clause in Contracts

Additional Reductions. In the event it is later determined that a greater reduction in the Total Payments should have been made to implement the objective and intent of this Section 17, the excess amount shall be returned promptly by Executive to the Company.

Appears in 13 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

AutoNDA by SimpleDocs

Additional Reductions. In the event it is later determined that a greater reduction in the Total Payments should have been made to implement the objective and intent of this Section 17, the excess amount shall be returned promptly by Executive to the Company.. [Signature Page for Employment Agreement]

Appears in 3 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

Additional Reductions. In the event it is later determined that a greater reduction in the Total Payments should have been made to implement the objective and intent of this Section 17, the excess amount shall be returned promptly by Executive to the Company.. [Signature Page for Executive Employment Agreement]

Appears in 3 contracts

Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)

AutoNDA by SimpleDocs

Additional Reductions. In the event it is later determined that a greater reduction in the Total Payments should have been made to implement the objective and intent of this Section 17, the excess amount shall be returned promptly by Executive to the Company.. [Signature Page for Amended and Restated Executive Employment Agreement]

Appears in 1 contract

Samples: Executive Employment Agreement (Precision Biosciences Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!