Common use of Consideration for Restrictions and Covenants Clause in Contracts

Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 4. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 4 only if Executive actually receives any such payments from the Company pursuant to this Agreement.

Appears in 3 contracts

Samples: Change of Control Agreement (Exterran Holdings Inc.), Change of Control Agreement (Exterran Partners, L.P.), Change of Control Agreement (Exterran Holdings Inc.)

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Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the Company’s agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 45. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 4 5 only if Executive actually receives any such payments from the Company pursuant to this Agreement.

Appears in 3 contracts

Samples: Change of Control Agreement (Archrock, Inc.), Change of Control Agreement (Exterran Corp), Change of Control Agreement (Archrock, Inc.)

Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the Company’s agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 4. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 4 only if Executive actually receives any such payments from the Company pursuant to this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Exterran Holdings Inc.), Change of Control Agreement (Exterran Holdings Inc.)

Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the Company’s agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 45. Notwithstanding Except as otherwise stated in Section 8(q) herein, in the event of any other provision conflict between Section 5 of this Agreement to and any other written agreement between the contraryCompany and Executive, Executive agrees to comply with the provisions terms of this Section 4 only if Executive actually receives any such payments from the Company pursuant 5 control with respect to this AgreementExecutive’s post-employment obligations set forth herein.

Appears in 2 contracts

Samples: Change of Control Agreement (Exterran Corp), Change of Control Agreement (Exterran Corp)

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Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 45. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 4 5 only if Executive actually receives any such payments from the Company pursuant to this Agreement.

Appears in 1 contract

Samples: Change of Control Agreement (Exterran Holdings Inc.)

Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the agreement to make the payments provided in this Agreement by the Company to Executive is Executive’s compliance with the undertakings set forth in this Section 4. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 4 only if Executive actually receives any such payments from the Company pursuant to this Agreement.. Change of Control Agreement

Appears in 1 contract

Samples: Change of Control Agreement (Exterran Holdings Inc.)

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