Common use of Payments Terminated Clause in Contracts

Payments Terminated. If the Board of Company has determined in good faith that the Employee has failed to comply with the requirements of the Confidentiality, Non-Solicitation and Non-Competition provisions referenced in Section 2 hereof at any time following any termination, then Company shall have no further obligation to pay any amounts or provide any benefits under this Agreement.

Appears in 7 contracts

Samples: Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co)

AutoNDA by SimpleDocs

Payments Terminated. If the Board of or Company has determined in good faith that the Employee has failed to comply with the requirements of the Confidentiality, Non-Solicitation and Non-Competition provisions referenced in Section 2 hereof at any time following any termination, then Company shall have no further obligation to pay any amounts or provide any benefits under this Agreement.

Appears in 2 contracts

Samples: Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co)

Payments Terminated. If the Board of Company has determined in good faith that the Employee has failed to comply with the requirements of the Confidentiality, Non-Solicitation and Non-Competition provisions referenced in Section 2 hereof at any time following any termination, then Company shall have no further obligation to pay any amounts or provide any benefits under this Agreement.

Appears in 1 contract

Samples: Change of Control (Layne Christensen Co)

AutoNDA by SimpleDocs

Payments Terminated. If the Board of or Company has determined in good faith that the Employee has failed to comply with the requirements of the Confidentiality, Non-Solicitation and Non-Competition provisions referenced in Section 2 hereof at any time following any termination, then Company shall have no further obligation to pay any amounts or provide any benefits under this Agreement; provided that Employee shall have first been given written notice of such non-compliance and at least 10 calendar days to cure same.

Appears in 1 contract

Samples: Severance Agreement (Layne Christensen Co)

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