Common use of Compensation for Non-Competition and Non-Solicitation Clause in Contracts

Compensation for Non-Competition and Non-Solicitation. If Employee’s employment with the Company terminates for any reason after the Commencement Date, other than death or total and permanent disability, the Company shall pay Employee payments for Employee’s non-competition and non-solicitation agreement set forth in Section 3, of $1,000,000, payable over the two-year period following such termination of employment, in substantially equal installments on a regular basis commencing with the payroll date next following Employee’s termination of employment, in accordance with the Company’s generally applicable payroll procedures and policies, as established from time to time; provided that, upon 90 days’ prior written notice to Employee, the Company may cease making further installment payments to Employee, but only if the Company, in accordance with Section 4.2, waives all of Employee’s remaining obligations under the Agreement, effective no later than the date installment payments cease.

Compensation for Non-Competition and Non-Solicitation. If Employee’s 's employment with the Company terminates for any reason after the Commencement Date, other than death or total and permanent disability, the Company shall pay Employee payments for Employee’s 's non-competition and non-solicitation agreement set forth in Section 3, of $1,000,000, payable over the two-year period following such termination of employment, in substantially equal installments on a regular basis commencing with the payroll date next following Employee’s 's termination of employment, in accordance with the Company’s 's generally applicable payroll procedures and policies, as established from time to time; provided that, upon 90 days’ ' prior written notice to Employee, the Company may cease making further installment payments to Employee, but only if the Company, in accordance with Section 4.2, waives all of Employee’s 's remaining obligations under the Agreement, effective no later than the date installment payments cease.

Compensation for Non-Competition and Non-Solicitation. If Employee’s 's employment with the Company terminates for any reason after the Commencement Date, other than death or total and permanent disability, the Company shall pay Employee payments for Employee’s 's non-competition and non-solicitation agreement set forth in Section 3, of $1,000,000500,000, payable over the two-year period following such termination of employment, in substantially equal installments on a regular basis commencing with the payroll date next following Employee’s 's termination of employment, in accordance with the Company’s 's generally applicable payroll procedures and policies, as established from time to time; provided that, upon 90 days’ ' prior written notice to Employee, the Company may cease making further installment payments to Employee, but only if the Company, in accordance with Section 4.2, waives all of Employee’s 's remaining obligations under the Agreement, effective no later than the date installment payments cease.

Compensation for Non-Competition and Non-Solicitation. If Employee’s employment with the Company terminates for any reason after the Commencement Date, other than death or total and permanent disability, the Company shall pay Employee payments for Employee’s non-competition and non-solicitation agreement set forth in Section 3, of $1,000,000500,000, payable over the two-year period following such termination of employment, in substantially equal installments on a regular basis commencing with the payroll date next following Employee’s termination of employment, in accordance with the Company’s generally applicable payroll procedures and policies, as established from time to time; provided that, upon 90 days’ prior written notice to Employee, the Company may cease making further installment payments to Employee, but only if the Company, in accordance with Section 4.2, waives all of Employee’s remaining obligations under the Agreement, effective no later than the date installment payments cease.