Common use of Forfeiture of Severance Benefits Clause in Contracts

Forfeiture of Severance Benefits. Executive acknowledges and agrees that any material breach of this Agreement, the Employment Agreement, or the PIIA, including any of the restrictive covenants set forth therein, shall entitle the Company immediately to recover and/or cease providing the Severance Benefits, except as provided by law. All other provisions of this Agreement, the Employment Agreement, and the PIIA shall remain in full force and effect. wxx.xxxxxxxxxxx.xxx | 4000 X Xxxxxxxx Xx | Phoenix | AZ | 85040

Appears in 4 contracts

Samples: Nikola Corp, Nikola Corp, Nikola Corp

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Forfeiture of Severance Benefits. Executive acknowledges and agrees that any material breach of this Agreement, the Employment Agreement, or the PIIA, including any of the restrictive covenants set forth therein, shall entitle the Company immediately to recover and/or cease providing the Severance Benefits, except as provided by law. All other provisions of this Agreement, the Employment Agreement, and the PIIA shall remain in full force and effect. wxx.xxxxxxxxxxx.xxx | 4000 X Xxxxxxxx Xx | Phoenix | AZ | 85040.

Appears in 3 contracts

Samples: Employment Agreement (Nikola Corp), Employment Agreement (Nikola Corp), Nikola Corp

Forfeiture of Severance Benefits. Executive acknowledges and agrees that any material breach of this Agreement, the Employment Agreement, or the PIIA, including any of the restrictive covenants set forth therein, shall entitle the Company immediately to recover and/or cease providing the Severance Benefits, except as provided by law. All other provisions of this Agreement, the Employment Agreement, and the PIIA shall remain in full force and effect. wxx.xxxxxxxxxxx.xxx xxx.xxxxxxxxxxx.xxx | 4000 0000 X Xxxxxxxx Xx | Phoenix | AZ | 85040

Appears in 2 contracts

Samples: Nikola Corp, Nikola Corp

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Forfeiture of Severance Benefits. Executive acknowledges and agrees that any material breach of this Agreement, the Employment Agreement, or the PIIA, including any of the xxx.xxxxxxxxxxx.xxx | 0000 X Xxxxxxxx Xx | Phoenix | AZ | 85040 restrictive covenants set forth therein, shall entitle the Company immediately to recover and/or cease providing the Severance Benefits, except as provided by law. All other provisions of this Agreement, the Employment Agreement, and the PIIA shall remain in full force and effect. wxx.xxxxxxxxxxx.xxx | 4000 X Xxxxxxxx Xx | Phoenix | AZ | 85040.

Appears in 1 contract

Samples: Nikola Corp

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