Common use of Breach by FNB Clause in Contracts

Breach by FNB. If FNB breaches any provision of this Agreement (specifically including, but not limited to, substantial diminution in the position and authority of Xxxxxxxxxx as set forth in Section 4 hereof), Xxxxxxxxxx shall have the right to leave the employment of FNB. Thereafter, he shall be under no obligation to perform his duties hereunder and shall have no further liability or obligations under any provision of this Agreement. In such event, however, FNB shall be obligated to continue to pay the Compensation and provide the Benefits to Xxxxxxxxxx for the remainder of the Term or for one year, whichever is longer, at the rates, times and intervals at which such Compensation and Benefits are being paid and provided on the date on which FNB commits a breach of this Agreement.

Breach by FNB. If FNB breaches any provision of this Agreement (specifically including, but not limited to, substantial diminution in the position and authority of Xxxxxxxxxx Fxxxxxxxxx as set forth in Section 4 hereof), Xxxxxxxxxx Fxxxxxxxxx shall have the right to leave the employment of FNB. Thereafter, he shall be under no obligation to perform his duties hereunder and shall have no further liability or obligations under any provision of this Agreement. In such event, however, FNB shall be obligated to continue to pay the Compensation and provide the Benefits to Xxxxxxxxxx Fxxxxxxxxx for the remainder of the Term or for one year, whichever is longertwenty-four months, at the rates, times and intervals at which such Compensation and Benefits are being paid and provided on the date on which FNB commits a breach of this Agreement.

Breach by FNB. If FNB breaches any provision of this Agreement (specifically including, but not limited to, substantial diminution in the position and authority of Xxxxxxxxxx Qxxxx as set forth in Section 4 hereofthe preceding paragraphs), Xxxxxxxxxx shall have the right to Qxxxx may leave the employment of FNB. Thereafter, FNB whereupon he shall be under no obligation to perform his duties hereunder and shall have no further liability or obligations under any provision provisions of this Agreement. In such event, however, FNB shall be obligated to continue to pay the Compensation and provide the Benefits to Xxxxxxxxxx Qxxxx for the remainder of the Term or for one year, whichever is longertwenty-four (24) months, at the ratesrate, times and intervals at which such Compensation and Benefits are is being paid and provided on the date on which FNB commits a breach of this Agreement.

Breach by FNB. If FNB breaches any provision of this Agreement (specifically including, but not limited to, substantial diminution in the position and authority of Xxxxxxxxxx Xxxxx as set forth in Section 4 hereof), Xxxxxxxxxx Xxxxx shall have the right to leave the employment of FNB. Thereafter, he shall be under no obligation to perform his duties hereunder and shall have no further liability or obligations under any provision of this Agreement. In such event, however, FNB shall be obligated to continue to pay the Compensation and provide the Benefits to Xxxxxxxxxx Xxxxx for the remainder of the Term or for one year, whichever is longer, at the rates, times and intervals at which such Compensation and Benefits are being paid and provided on the date on which FNB commits a breach of this Agreement.