Common use of Restrictive Provisions Clause in Contracts

Restrictive Provisions. As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 5, 6 or 7 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 10 contracts

Samples: Employment Agreement (Penn National Gaming Inc), Employment Agreement (GLP Capital, L.P.), Employment Agreement (Penn National Gaming Inc)

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Restrictive Provisions. As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 56, 6 7 or 7 8 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 9 contracts

Samples: Executive Agreement (Penn National Gaming Inc), Executive Agreement (Penn National Gaming Inc), Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing paymentspayments under Sections 10(b) or 5, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 57, 6 8 or 7 9 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 6 contracts

Samples: Executive Agreement (PENN Entertainment, Inc.), Executive Agreement (PENN Entertainment, Inc.), Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 5, 6 or 7 of this Agreement upon or after the occurrence of a Change of Control. Executive and Company acknowledge that, as additional consideration for the change of control payments, Executive has also agreed to limit Executive’s ability to opt out of the Restriction Period in Section 6(a) to periods prior to the Trigger Date.

Appears in 5 contracts

Samples: Employment Agreement (Penn National Gaming Inc), Employment Agreement (Penn National Gaming Inc), Employment Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing paymentspayments hereunder, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 57, 6 8 or 7 9 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing paymentspayments under Sections 9(b) or Section 4(c), Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 56, 6 7 or 7 8 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing paymentspayments under Sections 1O(b) or 5, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 57, 6 8 or 7 9 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

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Restrictive Provisions. As consideration for the foregoing paymentspayments under Sections 9(b) or 4, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 56, 6 7 or 7 8 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing paymentspayments under Section 5, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 57, 6 8 or 7 9 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 5, 6 6, 7 or 7 8 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Employment Agreement (Penn National Gaming Inc)

Restrictive Provisions. As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 57, 6 8 or 7 9 of this Agreement upon or after the occurrence of a Change of Control.

Appears in 1 contract

Samples: Executive Agreement (Penn National Gaming Inc)

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