Common use of Employer’s Default Clause in Contracts

Employer’s Default. If Employer defaults on any payments due under Section 3 herein during the Employment Period or any payments due under Section 6 herein upon or after termination of Executive’s employment, then unless Employer cures the default within sixty (60) days, the Restrictive Covenants shall be terminated and declared null and void.

Employer’s Default. If Employer defaults on any payments due under Section 3 herein during the Employment Period or any payments due under Section 6 herein upon or after termination of Executive’s employment3(A) herein, then unless Employer cures the default within sixty (60) days, the Restrictive Covenants shall be terminated and declared null and void.