Common use of Conditionality Clause in Contracts

Conditionality. The vesting and payment of any Additional Payments, if any, are subject to the following conditions being cumulatively fulfilled on the respective due dates: · the Employment Agreement has not ended (e.g. by notice of termination issued either by the Company or the Employee, mutual agreement, retirement, death, disability or otherwise); · no notice of termination has been given under this Employment Agreement by either the Employee or the Company; · the Employee is not in a material breach of any of his obligations under the Employment Agreement;

Conditionality. The vesting and payment of any Additional Payments, if any, are subject to the following conditions being cumulatively fulfilled on the respective due dates: · - the Employment Agreement has not ended (e.g. by notice of termination issued either by the Company or the Employee, mutual agreement, retirement, death, disability or otherwise); · - no notice of termination has been given under this Employment Agreement by either the Employee or the Company; · - the Employee is not in a material breach of any of his obligations under the Employment Agreement;