Common use of Extension of Periods Clause in Contracts

Extension of Periods. Each of the time periods described in this Agreement shall be automatically extended by any length of time during which Employee is in breach of the corresponding covenant contained herein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 21 contracts

Samples: Employment Agreement (Southern First Bancshares Inc), Non Disclosure, Non Solicitation, Non Competition Agreement (Safety-Kleen, Inc), Employment Agreement (Southern First Bancshares Inc)

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Extension of Periods. Each of the time periods described in Sections 9-12 of this Agreement shall be automatically extended by any length of time during which Employee is in breach of the corresponding covenant contained herein. The Such provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 7 contracts

Samples: Employment Agreement (Southern First Bancshares Inc), Employment Agreement (Southern First Bancshares Inc), Employment Agreement (Southern First Bancshares Inc)

Extension of Periods. Each of the time periods described in this Agreement shall be automatically extended by any length of time during which Employee the Associate is in breach of the corresponding covenant contained herein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 6 contracts

Samples: Employment Agreement (Benefitfocus, Inc.), Employment Agreement (Benefitfocus,Inc.), Employment Agreement (Benefitfocus,Inc.)

Extension of Periods. Each of the time periods described in this Agreement shall be automatically extended by any length of time during which the Employee is in breach of the corresponding covenant contained herein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 4 contracts

Samples: Employment Agreement (Benefitfocus,Inc.), Employment Agreement (Benefitfocus,Inc.), Employment Agreement (Benefitfocus,Inc.)

Extension of Periods. Each The periods of the time periods described set forth in Section II of this Agreement shall will be automatically extended by any length period of time during which the Employee or any of the Employee's Affiliates is in breach of the corresponding covenant contained herein. The provisions any term of this Agreement shall continue in full force and effect throughout the duration of the extended periodsAgreement.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Rentx Industries Inc), Nonqualified Stock Option Agreement (Rentx Industries Inc), Nonqualified Stock Option Agreement (Rentx Industries Inc)

Extension of Periods. Each of the The time periods described in Sections 1, 2 and 3 of this Agreement shall be automatically extended by any length of time during which Employee Xxxxxx is in breach of the corresponding covenant contained hereindescribed therein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periodsperiod.

Appears in 2 contracts

Samples: Merger Agreement (Yadkin Valley Financial Corp), Merger Agreement (American Community Bancshares Inc)

Extension of Periods. Each of the The time periods period described in Sections 9 and 11 of this Agreement shall be automatically extended by any length of time during which Employee the Executive is in breach of the corresponding covenant contained hereindescribed therein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periodsperiod.

Appears in 2 contracts

Samples: Employment, Consulting, and Noncompete Agreement (First Community Corp /Sc/), Employment, Consulting, and Noncompete Agreement (First Community Corp /Sc/)

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Extension of Periods. Each of the The time periods described in Sections 5 and 7 of this Agreement shall be automatically extended by any length of time during which Employee Xxxxxx is in breach of the corresponding covenant contained hereindescribed therein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periodsperiod.

Appears in 1 contract

Samples: Merger Agreement (Yadkin Valley Financial Corp)

Extension of Periods. Each of the time periods described in paragraphs 7, 8, 9, and 10 of this Agreement shall be automatically extended by any length of time during which Employee the Associate is in breach of the corresponding covenant contained herein. The provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 1 contract

Samples: Employment Agreement (Benefitfocus, Inc.)

Extension of Periods. Each of the time periods described in Sections 9- 12 of this Agreement shall be automatically extended by any length of time during which Employee is in breach of the corresponding covenant contained herein. The Such provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 1 contract

Samples: Employment Agreement (Southern First Bancshares Inc)

Extension of Periods. Each of the time periods described in Sections 7, 8, 9, and 10 of this Agreement shall be automatically extended by any length of time during which Employee the Associate is in breach of the corresponding covenant contained herein. The , and such provisions of this Agreement shall continue in full force and effect throughout the duration of the extended periods.

Appears in 1 contract

Samples: Employment Agreement (Benefitfocus,Inc.)

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