Common use of Cessation/Reimbursement of Payments Clause in Contracts

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section 11, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section 3, Section 6 or Subsection 7.2, and the Executive may be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section 11.

Appears in 8 contracts

Samples: Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc)

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Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section 11, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section 3, Section 6 or Subsection Section 7.2, and the Executive may be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section 11.

Appears in 5 contracts

Samples: Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc)

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section SECTION 11, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section SECTION 3, Section SECTION 6 or Subsection SUBSECTION 7.2, and the Executive may be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; providedPROVIDED, howeverHOWEVER, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section SECTION 11.

Appears in 4 contracts

Samples: Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc), Executive Employment Agreement (Station Casinos Inc)

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section 1110, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section 3, Section 4, Section 6 or Subsection and Section 7.2, and the Executive may shall be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his or her obligations under this Section 1110; and provided, further, that any release of claims by the Executive pursuant to Section 8.4 shall continue in effect.

Appears in 4 contracts

Samples: Executive Employment Agreement (Ameristar Casinos Inc), Executive Employment Agreement (Ameristar Casinos Inc), Executive Employment Agreement (Ameristar Casinos Inc)

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section 118, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section 3, Section 6 or Subsection 7.24, and Section 6, and the Executive may shall be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section 118; and provided, further, that any release of claims by the Executive pursuant to Section 7.4 shall continue in effect.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ameristar Casinos Inc), Executive Employment Agreement (Ameristar Casinos Inc)

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Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section 1110, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section 3, Section 4, Section 6 or Subsection and Section 7.2, and the Executive may shall be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section 1110; and provided, further, that any release of claims by the Executive pursuant to Section 8.4 shall continue in effect.

Appears in 1 contract

Samples: Executive Employment Agreement (Ameristar Casinos Inc)

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section SECTION 11, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section SECTION 3, Section SECTION 6 or Subsection SUBSECTION 7.2, and the Executive may be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; provided, however, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section SECTION 11.

Appears in 1 contract

Samples: Executive Employment Agreement (Station Casinos Inc)

Cessation/Reimbursement of Payments. If the Executive violates any provision of this Section SECTION 11, the Company may, upon giving written notice to the Executive, immediately cease all payments and benefits that it may be providing to the Executive pursuant to Section SECTION 3, Section SECTION 6 or Subsection 7.2SUBSECTIONS 7.2 OR 7.3, and the Executive may be required to reimburse the Company for any payments received from, and the cash value of any benefits provided by, the Company between the first day of the violation and the date such notice is given; providedPROVIDED, howeverHOWEVER, that the foregoing shall be in addition to such other remedies as may be available to the Company and shall not be deemed to permit the Executive to forego or waive such payments in order to avoid his obligations under this Section SECTION 11.

Appears in 1 contract

Samples: Executive Employment Agreement (Station Casinos Inc)

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