Common use of Company’s Obligation Clause in Contracts

Company’s Obligation. Nothing herein shall be construed to require Company to utilize Employee’s services hereunder and, in the event that the Company decides not to utilize Employee’s services during any period of the term of this Agreement, Company’s obligation shall be deemed fully satisfied by payment of the salary provided in Section 2(a) during such portion the term.

Appears in 5 contracts

Samples: Employment Agreement (Audacy, Inc.), Employment Agreement (Audacy, Inc.), Employment Agreement (Audacy, Inc.)

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Company’s Obligation. Nothing herein shall be construed to require Company to utilize Employee’s services hereunder and, in the event that the Company decides not to utilize Employee’s services during any period of the term of this Agreement, and Company’s obligation shall be deemed fully satisfied by payment of the salary compensation and other benefits provided in Section 2(a) herein during such portion the termTerm hereof.

Appears in 1 contract

Samples: Employment Agreement (Entercom Communications Corp)

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