Common use of Company’s Obligation Clause in Contracts

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under Section 5 is conditioned upon the Executive’s compliance with (i) the provisions of the Policy, including without limitation the execution and delivery to the Company of a general release as provided therein and compliance with covenants set forth therein, (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement, and is subject to recoupment and forfeiture pursuant to the Parent’s and the Company’s recoupment and forfeiture policies, as may be in effect from time to time, and as provided herein.”

Appears in 3 contracts

Samples: Employment and Non Competition Agreement (Vitamin Shoppe, Inc.), Employment and Non Competition Agreement (Vitamin Shoppe, Inc.), Employment and Non Competition Agreement (Vitamin Shoppe, Inc.)

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Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under Section 5 Sections 5(C) and 5(D) is conditioned upon the Executive’s compliance with (i) the provisions of the Policy, including without limitation the execution and delivery to the Company of a general release as provided therein and compliance with covenants set forth therein, (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 7 or 8(A) or 9 of this Agreement, and is subject to recoupment and forfeiture pursuant to the Parent’s and the Company’s recoupment and forfeiture policies, as may be in effect from time to time, and as provided herein.”

Appears in 1 contract

Samples: Employment and Non Competition Agreement (Vitamin Shoppe, Inc.)

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under Section 5 is conditioned upon the Executive’s compliance with ’s: (i) the provisions of the Policyexecution, including without limitation the execution and delivery to the Company and non-revocation of a general release in a form substantially similar to that attached hereto as provided therein Exhibit A within 60 days following termination of employment; and compliance with covenants set forth therein, (ii) compliance with and continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement, and is subject to recoupment and forfeiture pursuant to the Parent’s and the Company’s recoupment and forfeiture policies, as may be in effect from time to time, and as provided herein.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (Vitamin Shoppe, Inc.)

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Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under Section 5 is conditioned upon the Executive’s compliance with (i) the provisions of the Policy, including without limitation the execution and delivery to the Company of a general release as provided therein and compliance with covenants set forth therein, (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement, and is subject to recoupment and forfeiture pursuant to the Parent’s and the Company’s recoupment and forfeiture policies, as may be in effect from time to time, and as provided herein.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (Vitamin Shoppe, Inc.)

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