Breach of Conditions. In the event that the Executive unreasonably refuses to provide consulting services to the extent required under paragraph (a) above or materially violates the terms and conditions of paragraph (b) above, the Company may, at its election upon ten (10) days notice, terminate any ongoing Compensation Period, discontinue cash compensation payments and employee benefits coverage and cancel any outstanding stock options or restricted stock. The Company may also initiate any form of legal action it may deem appropriate seeking damages or injunctive relief with respect to any material violations of paragraph (b) above.
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Samples: Employment Agreement (Nabisco Group Holdings Corp), Employment Agreement (Nabisco Inc), Employment Agreement (Nabisco Inc)
Breach of Conditions. In the event that the Executive unreasonably refuses to provide consulting services to the extent required under in accordance with paragraph (a) above or materially violates the terms and conditions of paragraph (b) above, the Company may, at its election upon ten (10) days notice, terminate any ongoing the Compensation Period, discontinue cash compensation payments and employee benefits coverage and cancel any outstanding stock options or restricted stockLong Term Incentive Plan awards (if permitted under the terms of such awards). The Company may also initiate any form of legal action it may deem appropriate seeking damages or injunctive relief with respect to any material violations of paragraph (b) above.
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