Common use of PAY OR PLAY Clause in Contracts

PAY OR PLAY. Nothing herein shall obligate the Company to exploit Xxxxxx’x name or likeness or any of the content or materials created by Xxxxxx hereunder. Notwithstanding any term to the contrary contained herein, provided that this Employment Agreement is not terminated pursuant to Section 2(b)(iii), 4(a), 4(b)(B), 4(c) or 4(d) hereunder, the Company shall be obligated to pay to Xxxxxx the full Royalty and grant to Xxxxxx all RSUs for the entire Term in accordance with the terms hereof and the RSU Award Letter.

PAY OR PLAY. Nothing herein shall obligate the Company to exploit Xxxxxx’x Cxxxxx’x name or likeness or any of the content or materials created by Xxxxxx Cxxxxx hereunder. Notwithstanding any term to the contrary contained herein, provided that this Employment Agreement is not terminated pursuant to Section 2(b)(iii), 4(a), 4(b)(B), 4(c) or 4(d) hereunder, the Company shall be obligated to pay to Xxxxxx Cxxxxx the full Royalty and grant to Xxxxxx Cxxxxx all RSUs for the entire Term in accordance with the terms hereof and the RSU Award Letter.

PAY OR PLAY. Nothing herein shall obligate the Company to exploit Xxxxxx’x name or likeness or any of the content or materials created by Xxxxxx hereunderhereunder or to conduct any JC Events. Notwithstanding any term to the contrary contained herein, provided that this Employment Agreement is not terminated pursuant to Section 2(b)(iii), 4(a), 4(b)(B), 4(c) ), or 4(d) hereunder, the Company shall be obligated to pay to Xxxxxx the full Royalty and grant to Xxxxxx all RSUs for the entire Term in accordance with the terms hereof and the RSU 0000 XXX Award Letter.

PAY OR PLAY. Nothing herein shall obligate the Company to exploit Xxxxxx’x name or likeness or any of the content or materials created by Xxxxxx hereunder. Notwithstanding any term to the contrary contained herein, provided that this Employment Agreement is not terminated pursuant to Section 2(b)(iii), 4(a), 4(b)(B), 4(c) or 4(d) hereunder, the Company shall be obligated to pay to Xxxxxx the full Royalty and grant to Xxxxxx all RSUs for the entire Term in accordance with the terms hereof and the RSU Award Letter.