Effect of Violation. Executive and Employer acknowledge and agree that additional consideration has been given for Executive entering into this paragraph 8, such additional consideration, including, certain provisions for termination payments pursuant to paragraph 7 of this Agreement. Violation by Executive of this paragraph 8 shall relieve Employer of any obligation it may have to make such termination payments, but shall not relieve Executive of his obligations under this paragraph 8.
Appears in 4 contracts
Samples: Employment Agreement (Synthetech Inc), Employment Agreement (Synthetech Inc), Employment Agreement (Synthetech Inc)
Effect of Violation. Executive and Employer acknowledge and agree that additional consideration has been given for Executive Executive's entering into this paragraph 8Section 7, such additional considerationconsideration including, includingwithout limitation, certain provisions for termination payments pursuant to paragraph Section 7 of this Agreementhereof. Violation by Executive of this paragraph 8 shall Section 7 will relieve Employer of any obligation it may have to make such termination payments, but shall not relieve Executive of his obligations under this paragraph 8obligations, as required hereunder, not to compete.
Appears in 1 contract
Effect of Violation. The Executive and Employer acknowledge and the Company agree that additional consideration has been given for Executive the Executive's entering into the noncompetition and nonsolicitation provisions of this paragraph 8Agreement, such additional considerationconsideration including, includingwithout limitation, certain provisions for termination payments pursuant to paragraph 7 of this AgreementSection 8 hereof. Violation by the Executive of this paragraph 8 Section 10 or of Section 11 hereof shall relieve Employer the Company of any obligation it may have to make such termination payments, but shall not relieve the Executive of his obligations under this paragraph 8Section 10 or Section 11 hereof.
Appears in 1 contract
Samples: Employment Agreement (Utilx Corp)
Effect of Violation. Executive and Employer acknowledge and agree that additional consideration has been given for Executive Executive's entering into this paragraph Section 8, such additional considerationconsideration including, includingwithout limitation, certain provisions for termination payments pursuant to paragraph Section 7 of this Agreementhereof. Violation by Executive of this paragraph Section 8 shall will relieve Employer of any obligation it may have to make such termination payments, but shall not relieve Executive of his obligations under this paragraph 8obligations, as required hereunder, not to compete.
Appears in 1 contract
Samples: Employment Agreement (Avt Corp)
Effect of Violation. Executive and Employer acknowledge and agree that additional consideration has been given for Executive Executive's entering into this paragraph Section 8, such additional considerationconsideration including, includingwithout limitation, certain provisions for termination payments pursuant to paragraph 7 of this AgreementSection 7. Violation by If Executive of this paragraph 8 shall relieve Employer of any obligation it may have to make is terminated with Cause, such termination payments, but shall not relieve Executive of his obligations under this paragraph 8obligations, as required hereunder, not to compete.
Appears in 1 contract
Samples: Employment Agreement (Avt Corp)