Common use of Covenant Period Clause in Contracts

Covenant Period. The covenants contained in this Section shall continue until one year after the later of: 21. 1.1. termination of Executive's employment; 21. 1.2. the Company receives revenue from wholesale long distance services; 21. 1.3. the Company receives revenue from Open Access Mediation Services; or 21. 1.4. the Company becomes subject to the reporting requirements of sections 12 or 15(d) of the federal Securities Exchange Act of 1934. (the "Covenant Period"). Subsections 21.1.2, 21.1.3, and 21.1.4 do not apply if they have not occurred within one year after termination of Executive's employment.

Appears in 1 contract

Samples: Employment Agreement (Telehub Communications Corp)

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Covenant Period. The covenants contained in this Section shall continue until one year after the later of: 21.: 1.19.1.1. termination of Executive's employment; 21.; 1.29.1.2. the Company receives revenue from wholesale long distance services; 21.; 1.39.1.3. the Company receives revenue from Open Access Mediation Services; or 21.or 1.49.1.4. the Company becomes subject to the reporting requirements of sections 12 or 15(d) of the federal Securities Exchange Act of 1934. (the "Covenant PeriodPeriods"). Subsections 21.1.29.1.2, 21.1.39.1.3, and 21.1.4 9.1.4 do not apply if they have not occurred within one year after termination of Executive's employment.

Appears in 1 contract

Samples: Employment Agreement (Telehub Communications Corp)

Covenant Period. The covenants contained in this Section shall continue until one year after the later of: 21.: 1.121.1.1. termination of Executive's employment; 21.; 1.221.1.2. the Company receives revenue from wholesale long distance services; 21.; 1.321.1.3. the Company receives revenue from Open Access Mediation Services; or 21.or 1.421.1.4. the Company becomes subject to the reporting requirements of sections 12 or 15(d) of the federal Securities Exchange Act of 1934. (the "Covenant Period"). Subsections 21.1.2, 21.1.3, and 21.1.4 do not apply if they have not occurred within one year after termination of Executive's employment.

Appears in 1 contract

Samples: Employment Agreement (Telehub Technologies Corp)

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Covenant Period. The covenants contained in this Section shall continue until one year after the later of: 21.: 1.19.1.1. termination of Executive's employment; 21.; 1.29.1.2. the Company receives revenue from wholesale long distance services; 21.; 1.39.1.3. the Company receives revenue from Open Access Mediation Services; or 21.or 1.49.1.4. the Company becomes subject to the reporting requirements of sections 12 or 15(d) of the federal Securities Exchange Act of 1934. (the "Covenant Period"). Subsections 21.1.29.1.2, 21.1.39.1.3, and 21.1.4 9.1.4 do not apply if they Hey have not occurred within one year after termination of Executive's employment.

Appears in 1 contract

Samples: Employment Agreement (Telehub Communications Corp)

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