Common use of Cessation of Severance Benefits Clause in Contracts

Cessation of Severance Benefits. The right and remedy to cease any further severance, benefit or other compensation payments under this Agreement to the Executive or the Beneficiary from and after the commencement of such breach by the Executive. The Executive hereby acknowledges and agrees that the Restrictive Covenants are reasonable and valid in duration and in all other respects. If any court determines that any of the Restrictive Covenants, or any part thereof, is invalid or unenforceable, the remainder of the Restrictive Covenants will not thereby be affected and will be given full effect without regard to the invalid portions.

Cessation of Severance Benefits. The right and remedy to cease any ------------------------------- further severance, benefit or other compensation payments under this Agreement to the Executive or the Beneficiary from and after the commencement of such breach by the Executive. The Executive hereby acknowledges and agrees that the Restrictive Covenants are reasonable and valid in duration and in all other respects. If any court determines that any of the Restrictive Covenants, or any part thereof, is invalid or unenforceable, the remainder of the Restrictive Covenants will not thereby be affected and will be given full effect without regard to the invalid portions.