Common use of Failure to Pay Executive Clause in Contracts

Failure to Pay Executive. The failure of Company to pay Executive his salary as provided in Paragraph 3 may, in Executive's sole discretion, be deemed a breach of this Agreement and, unless such breach is cured within fifteen days after written notice to Company, this Agreement shall terminate. Executive's claims against Company arising out of the nonpayment shall survive termination of this Agreement.

Appears in 8 contracts

Samples: Executive Employment Agreement (Labor Ready Inc), Executive Employment Agreement (Labor Ready Inc), Executive Employment Agreement (Labor Ready Inc)

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Failure to Pay Executive. The failure of Company to pay Executive his salary as provided in Paragraph 3 may, in Executive's sole discretion, be deemed a breach of this Agreement and, unless such breach is cured within fifteen days after written notice to Company, this Agreement shall terminate. Executive's ’s claims against Company arising out of the nonpayment shall survive termination of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Labor Ready Inc), Executive Employment Agreement (Labor Ready Inc)

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Failure to Pay Executive. The failure of Company to pay Executive his salary as provided in Paragraph 3 may, in Executive's ’s sole discretion, be deemed a breach of this Agreement and, unless such breach is cured within fifteen days after written notice to Company, this Agreement shall terminate, subject to Paragraph 24 pertaining to survival of certain terms. Executive's ’s claims against Company arising out of the nonpayment shall survive termination of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Labor Ready Inc)

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