Common use of Mutual Dependence Clause in Contracts

Mutual Dependence. Executive understands and agrees that her full compliance with Section 7 of this Agreement is an express condition for and mutually dependent upon the obligations of the Company to pay Executive her compensation and benefits, including severance pay, during the remainder of the Term. Executive further understands and agrees that in the event that any provisions of Section 7 of this Agreement are rendered void, invalid, illegal or otherwise unenforceable, in whole or in substantial part, as a result of actions not initiated by the Company or its agent, the Company’s obligations to pay Executive her Base Salary, bonus or any other compensation and benefits, including severance pay, may be terminated immediately.

Mutual Dependence. Executive understands and agrees that her his full compliance with Section 7 of this Agreement is an express condition for and mutually dependent upon the obligations of the Company to pay Executive her his compensation and benefits, including severance pay, during the remainder of the Term. Executive further understands and agrees that in the event that any provisions of Section 7 of this Agreement are rendered void, invalid, illegal or otherwise unenforceable, in whole or in substantial part, as a result of actions not initiated by the Company or its agent, the Company’s obligations to pay Executive her his Base Salary, bonus or any other compensation and benefits, including severance pay, may be terminated immediately.

Mutual Dependence. Executive understands and agrees that her his full compliance with Section 7 the provisions of this Agreement Section 6 is an express condition for and mutually dependent upon the obligations of the Company to pay Executive her his compensation and benefits, including severance pay, during the remainder of the Term. Executive further understands and agrees that in the event that any of the provisions of this Section 7 of this Agreement 6 are rendered void, invalid, illegal or otherwise unenforceable, in whole or in substantial part, as a result of actions not initiated by the Company or its agent, the Company’s obligations to pay Executive her his Base Salary, bonus or any other compensation and benefits, including severance pay, may be terminated immediately.