Common use of Forfeiture Actions Clause in Contracts

Forfeiture Actions. You understand and agree that your entitlement to receive the Severance Benefits, and the Company’s obligation to provide Severance Payments, payment of COBRA premiums, and rent-free office space hereunder, will cease immediately in the event that you materially breach your Proprietary Information Agreement, or materially breach Paragraphs 11, 12, 13, 14 or 15 of this Agreement, provided that, the Company first provides you with written notice and an opportunity to cure such breach (which must be cured as soon as practicable but in no event longer than thirty (30) days after the breach), if the breach is susceptible to cure.

Forfeiture Actions. You understand and agree that your entitlement to receive the Severance Benefits, and the Company’s obligation to provide Severance Payments, payment of COBRA premiums, and rent-free office space hereunder, will cease immediately in the event that you materially breach your Proprietary Information Agreement, or materially breach Paragraphs 10, 11, 12, 13, 13 or 14 or 15 of this Agreement, provided that, the Company first provides you with written notice and an opportunity to cure such breach (which must be cured as soon as practicable but in no event longer than thirty (30) days after the breach), ) if the breach is susceptible to cure.

Forfeiture Actions. You understand and agree that your entitlement to receive the Severance Benefits, and the Company’s obligation to provide Severance Payments, payment of COBRA premiums, and rent-free office space hereunder, will cease immediately in the event that you materially breach your Proprietary Information Agreement, or materially breach Paragraphs 11, 12, 13, 14 or 15 of this Agreement, provided that, the Company first provides you with written notice and an opportunity to cure such breach (which must be cured as soon as practicable but in no event longer later than thirty (30) days after the breach), if the breach is susceptible to cure.