Common use of Extension of Term of Restrictions Clause in Contracts

Extension of Term of Restrictions. If the Executive violates any of the restrictions set forth in Sections 7.1 to 7.4 of this Agreement, the duration of such restriction shall be extended by a number of days equal to the number of days in which the Executive shall have been determined to be or shall have admitted to being in violation of such restriction.

Appears in 5 contracts

Samples: Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc)

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Extension of Term of Restrictions. If the Executive violates any of the restrictions set forth in Sections 7.1 8.1 to 7.4 8.4 of this Agreement, the duration of such restriction shall be extended by a number of days equal to the number of days in which the Executive shall have been determined to be or shall have admitted to being in violation of such restriction.

Appears in 3 contracts

Samples: Employment Agreement (First Bancshares Inc /MS/), Employment Agreement (First Bancshares Inc /MS/), Employment Agreement (First Bancshares Inc /MS/)

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Extension of Term of Restrictions. If the Executive violates any of the restrictions set forth in Sections 7.1 to 7.4 Section 1 of this Agreement, the duration of such restriction shall be extended by a number of days equal to the number of days in which the Executive shall have been determined to be or shall have admitted to being in violation of such restriction.

Appears in 2 contracts

Samples: Noncompete Agreement (HCSB Financial Corp), Noncompete Agreement (First National Bancshares Inc /Sc/)

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