Common use of Severance Payment Forfeiture for Breach Clause in Contracts

Severance Payment Forfeiture for Breach. If Employee at any time breaches his/her covenants or obligations under the foregoing provisions of Sections 2.1, 2.2 and/or 2.3, Employee shall forfeit, and shall not be entitled to receive, any remaining installments of the Severance Payment otherwise payable to Employee under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Hudson Respiratory Care Inc), Employment Agreement (Hudson Respiratory Care Inc), Employment Agreement (Hudson Respiratory Care Inc)

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Severance Payment Forfeiture for Breach. If Employee at any time --------------------------------------- breaches his/her covenants or obligations under the foregoing provisions of Sections 2.1, 2.2 and/or 2.3, Employee shall forfeit, and shall not be entitled to receive, forfeit any remaining installments of the Severance Payment Payments otherwise payable to Employee under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Hudson Respiratory Care Inc), Employment Agreement (Hudson Respiratory Care Inc), Employment Agreement (Hudson Respiratory Care Inc)

Severance Payment Forfeiture for Breach. If Employee at any --------------------------------------- time breaches his/her covenants or obligations under the foregoing provisions of Sections 2.1, 2.2 and/or 2.3, Employee shall forfeit, and shall not be entitled to receive, forfeit any remaining installments of the Severance Payment Payments otherwise payable to Employee under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hudson Respiratory Care Inc)

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Severance Payment Forfeiture for Breach. If Employee at any time --------------------------------------- breaches his/her his covenants or obligations under the foregoing provisions of Sections 2.12(a), 2.2 2(b) and/or 2.32(c), Employee shall forfeit, and shall not be entitled to receive, any remaining installments of the Severance Payment otherwise payable to Employee under this Agreement.

Appears in 1 contract

Samples: Severance Agreement (Century Maintenance Supply Inc)

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