Common use of Extension of Covenants Clause in Contracts

Extension of Covenants. In the event Employee violates any one or more of the covenants contained in sections 6 through 8 of this Agreement, Employee agrees that the running of the term of each such covenant so violated shall be tolled during (a) the period(s) of any such violation by Employee and (b) the pendency of any litigation (including appeals) concerning any such violation by Employee.

Appears in 5 contracts

Samples: Employment, Confidentiality and Noncompetition Agreement (Netivation Inc), Employment, Confidentiality and Noncompetition Agreement (Netivation Com Inc), Employment, Confidentiality and Noncompetition Agreement (Netivation Inc)

AutoNDA by SimpleDocs

Extension of Covenants. In the event Employee violates any one or more of the covenants contained in sections 6 through 8 of this Agreement, Employee agrees that the running of the eighteen (18) month term of each such covenant so violated shall be tolled during (a) the period(s) of any such violation by Employee and (b) the pendency of any litigation (including appeals) concerning any such violation by Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netivation Inc)

AutoNDA by SimpleDocs

Extension of Covenants. In the event Employee violates any one or more of the covenants contained in sections 6 through 8 of this Agreement, Employee agrees that the running of the term of each such covenant so violated shall be tolled during (a) the period(s) of any such violation by Employee and (b) the pendency of any litigation (including appeals) concerning arising out of any such violation by Employeeviolation.

Appears in 1 contract

Samples: Employment, Confidentiality and Noncompetition Agreement (Netivation Com Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!