Forfeiture of Severance Benefits. The Executive shall forfeit the right to receive the Severance Benefits (other than the benefits described in Section 2.05) if the Executive breaches any of the covenants set forth in Section 3. If the Executive breaches any of the covenants set forth in Section 3, the Executive shall be liable to the Company for the repayment of any Severance Benefits (other than the benefits described in Section 2.05) previously paid to the Executive.
Appears in 9 contracts
Samples: Change in Control Severance Agreement (Centerspace), Change in Control Severance Agreement (Centerspace), Change in Control Severance Agreement (Investors Real Estate Trust)
Forfeiture of Severance Benefits. The Executive shall forfeit the right to receive the Severance Benefits (other than the benefits described in Section 2.05) if the Executive breaches any of the covenants set forth in Section 3. If the Executive breaches any of the covenants set forth in Section 3, the Executive shall be liable to the Company for the repayment of any Severance Benefits (other than the benefits described in Section 2.05) previously paid to the Executive.
Appears in 2 contracts
Samples: Severance Agreement (Tredegar Corp), Severance Agreement (Tredegar Corp)
Forfeiture of Severance Benefits. The Executive shall forfeit the right to receive the Severance Benefits (other than the benefits described in Section 2.05) if the Executive breaches any of the covenants set forth in Section 3. If the Executive breaches any of the covenants set forth in Section 3, the Executive 3 she shall be liable to the Company for the repayment of any Severance Benefits (other than the benefits described in Section 2.05) previously paid to the Executiveher.
Appears in 2 contracts
Samples: Severance Agreement (Tredegar Corp), Severance Agreement (Tredegar Corp)
Forfeiture of Severance Benefits. The Executive shall forfeit the right to receive the Severance Benefits (other than the benefits described in Section 2.052.07) if the Executive materially breaches any of the covenants set forth in Section 3. If the Executive materially breaches any of the covenants set forth in Section 3, the Executive 3 he shall be liable to the Company for the repayment of any Severance Benefits (other than the benefits described in Section 2.052.07) previously paid to the Executivehim.
Appears in 1 contract
Samples: Severance Agreement (Tredegar Corp)