Common use of Extension In The Event Of Breach Clause in Contracts

Extension In The Event Of Breach. Any breach by Employee of any of the restrictions contained in Sections II -IV of this Agreement may be escalated to the Fifth Third Bancorp Human Capital and Compensation Committee to exercise its discretion to forfeit unvested awards and shall extend the term of this Agreement by the period of the breach. The commitments made in this Agreement will survive termination of employment with the Company.

Appears in 15 contracts

Samples: Confidential Information and Non Solicitation Agreement (Fifth Third Bancorp), Confidential Information and Non Solicitation Agreement (Fifth Third Bancorp), Confidential Information and Non Solicitation Agreement (Fifth Third Bancorp)

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