Forfeiture by Company. In the event that Company fails to timely and fully pay to Employee all Severance Benefits or Change of Control Benefits due under this Agreement, then Company shall forfeit all right to enforce this Section 7.
Appears in 7 contracts
Samples: Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.)
Forfeiture by Company. In the event that Company fails to timely and fully pay to the Employee all Severance Benefits or Change of Control Benefits due under this Agreement, then Company shall forfeit all right to enforce this Section 7.
Appears in 3 contracts
Samples: Employment Agreement (Linn Energy, Inc.), Employment Agreement (LinnCo, LLC), Employment Agreement (LinnCo, LLC)
Forfeiture by Company. In the event that Company fails to timely and fully pay to Employee all Severance Benefits or Change of Control Benefits due under this Agreement, then Company shall forfeit all right to enforce this Section Article 7.
Appears in 2 contracts
Samples: Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC)
Forfeiture by Company. In the event that Company fails to timely and fully pay to Employee Executive all Severance Benefits or Change of Control Benefits due under this Agreement, then Company shall forfeit all right to enforce this Section 7.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Ring Energy, Inc.)