Common use of Forfeiture of Severance Benefits Clause in Contracts

Forfeiture of Severance Benefits. In the event that Executive violates the terms of this Agreement, including but not limited to the provisions of Sections 6, 7, 8, 10 and 11, then Executive shall forfeit any benefit to which Executive may be entitled pursuant to Section 3 hereof, and, within 30 days of a written request of the Company, shall reimburse the Company for any benefit paid to Executive hereunder. Nothing herein shall be construed as prohibiting the Company from pursuing any other remedies available to the Company in the event of any breach or threatened breach, or as a waiver of the Company’s right to seek injunctive relief to enforce this Agreement’s restrictive covenants.

Appears in 5 contracts

Samples: Executive Severance Agreement (Snyder's-Lance, Inc.), Executive Severance Agreement (Snyder's-Lance, Inc.), Executive Severance Agreement (Snyder's-Lance, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.