Certain Provisions. The limitations of Section 5 (a) shall terminate if upon termination of this Agreement for any reason the Company does not fulfill its obligations as required by Section 7 of this Agreement; however, such termination shall not affect the rights of the Executive to receive all payments he is entitled to receive under Section 7. The provisions of Section 5 shall apply during the time the Executive is receiving any payments from the Company as a result of a termination of this Agreement pursuant to Section 6 (b).
Appears in 8 contracts
Samples: Employment Agreement (Parlux Fragrances Inc), Employment Agreement (Parlux Fragrances Inc), Employment Agreement (Parlux Fragrances Inc)
Certain Provisions. The limitations of Section 5 (a5(a) shall terminate if upon termination of this Agreement for any reason the Company does not fulfill its obligations as required by Section 7 of this Agreement; however, such termination shall not affect the rights of the Executive to receive all payments he is entitled to receive under Section 7. The provisions of Section 5 shall apply during the time the Executive is receiving any payments from the Company as a result of a termination of this Agreement pursuant to Section 6 (b).
Appears in 3 contracts
Samples: Employment Agreement (Parlux Fragrances Inc), Employment Agreement (Parlux Fragrances Inc), Employment Agreement (Parlux Fragrances Inc)