Common use of Compliance with Post-Termination Obligations Clause in Contracts

Compliance with Post-Termination Obligations. Notwithstanding any contrary provision in this Agreement, the Company shall have the right to cease providing any part of the Severance Benefits, and Employee shall be required to immediately repay the Company for any Severance Benefits already provided, but all other provisions of this Agreement shall remain in full force and effect, if Employee does not fully comply with his post-termination covenants under paragraphs 13-18 of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Bonanza Creek Energy, Inc.), Employment Agreement (Bonanza Creek Energy, Inc.), Employment Agreement (Bonanza Creek Energy, Inc.)

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Compliance with Post-Termination Obligations. Notwithstanding any contrary provision in this Agreement, the Company shall have the right to cease providing any part of the Severance BenefitsPayment, and Employee shall be required to immediately repay the Company for any Severance Benefits Payment already provided, but all other provisions of this Agreement shall remain in full force and effect, if Employee does not fully comply with his post-termination covenants under paragraphs 12, 13-18 , and 14 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (PetroShare Corp.), Employment Agreement (PetroShare Corp.)

Compliance with Post-Termination Obligations. Notwithstanding any contrary provision in this Agreement, the Company shall have the right to cease providing any part of the Severance Benefits, and Employee shall be required to immediately repay the Company for any Severance Benefits already provided, but all other provisions of this Agreement shall remain in full force and effect, if Employee does not fully comply with his post-termination covenants under paragraphs 1312-18 17 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Bonanza Creek Energy, Inc.)

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Compliance with Post-Termination Obligations. Notwithstanding any contrary provision in this Agreement, the Company shall have the right to cease providing any part of the Severance Benefits, and Employee shall be required to immediately repay the Company for any Severance Benefits already provided, but all other provisions of this Agreement shall remain in full force and effect, if Employee does not fully comply with his post-termination covenants under paragraphs 1311-18 16 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Bonanza Creek Energy, Inc.)

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