Executive Breach. Executive agrees that, in the event Executive breaches any provision of this Release, Executive agrees to indemnify and to reimburse the Company and the Released Parties against all liability, costs and expenses, including reasonable attorneys’ fees, and will reimburse the Company for all severance payments and benefits paid to Executive pursuant to this Release.
Executive Breach. Executive agrees that in the event Executive breaches any of Executive’s obligations under Paragraphs 9, 10, 11 or 12 of this Agreement, L-3 shall have no further obligation to provide any outstanding payments or benefits pursuant to Paragraph 6, above, and shall be entitled to recover all amounts paid pursuant to Paragraph 6 (in each case including, but not limited to, any outstanding payments or amounts paid, respectively, under the Consulting Agreement) and to obtain all other remedies (including but not limited to injunctive relief) provided by law or equity, provided, however, that Executive’s obligations under the Agreement shall remain in full force and effect.
Executive Breach. In the event that during the periods described in Sections 6(b)(i)(y) or 6(b)(i)(z) above, if Executive breaches his agreements under this Section 6 or under Section 5 above, without waiving its rights to enforce such agreements or to exercise other available remedies, upon such breach the Company will be released from the obligation to pay any further Severance Payments to Executive.
Executive Breach. Without waiving any other remedies that may be available to the Company, the payments and benefits described in Section 2 above shall immediately terminate, and the Company shall have no further obligations to the Executive with respect thereto, in the event that the Executive (i) becomes employed by Wal-Mart Stores, Inc., Costco Wholesale Corporation, Sam’s Clubs, or any of their respective subsidiaries or affiliates; or (ii) breaches any provision of this Section 3 or Section 4 below of this Agreement.
Executive Breach. Executive and the Company each agrees that, in the event it breaches any provision of this Agreement, it agrees to indemnify the other party and, with respect to the Company, the Released Parties, against all liability, costs and expenses, including reasonable attorney's fees, and, in the case of a breach by Executive, Executive will reimburse the Company for all payments and benefits paid to Executive pursuant to this Agreement.
Executive Breach. Subject to the provisions of Section 20 hereof, Executive agrees that, in the event Executive breaches any material provision of this Agreement, Executive agrees to indemnify the Company and the Released Parties against all liability, costs and expenses and will reimburse the Company for all payments and benefits paid to Executive pursuant to this Agreement.
Executive Breach. If Executive breaches any requirement of Section 8 herein, in addition to any other remedy to which the Company may be entitled, all of Executive's rights to receive any portion of his Deferred Compensation not already paid to him shall terminate. The right to receive unpaid Deferred Compensation will not be reinstated notwithstanding any cessation by Executive of his breach of section 8.
