Common use of Rights Absolute Clause in Contracts

Rights Absolute. No course of conduct between the Company and the Executive and no delay or omission by the Company or the Executive to exercise any right or power given under this Agreement shall: (i) impair the subsequent exercise of any right or power or (ii) be construed to be a waiver of any default or to be an acquiescence in or consent to the curing of any default while any other default shall continue to exist, or be construed to be a waiver of such continuing default or of any other right or power that shall theretofore have arisen; and every power and remedy granted by law and by this Agreement to any party hereto may be exercised from time to time and as often as may be deemed expedient. All such rights and powers shall be cumulative to the fullest extent permitted by law.