Suspension or Termination of Payments. In the event that you fail to comply with your obligations under this Agreement or Sections 7, 8 or 9 of the Employment Agreement, in addition to any other legal remedies it may have for such breach the Company will have the right to terminate or suspend the Termination Benefits. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Agreement.
Suspension or Termination of Payments. In the event that you fail to comply with any of your obligations under this Agreement, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to you under this Agreement. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Agreement. Notwithstanding the foregoing, this provision shall not apply to the extent that your breach of this Agreement consists of initiating a legal action in which you contend that the release set forth in Section 7 is invalid, in whole or in part, due to the provisions of 29 U.S.C. § 626(f).
Suspension or Termination of Payments. In the event that you fail to comply in a material manner with any of your obligations under this Agreement, in addition to any other legal or equitable remedies it may have for such breach Berkshire shall have the right to terminate or suspend its payments to you under this Agreement. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Agreement. Notwithstanding the foregoing, this provision shall not apply to the extent that your breach of this Agreement consists of initiating a legal action in which you contend that the release set forth in Section 9(a) is invalid, in whole or in part, due to the provisions of 29 U.S.C. ss. 626(f).
Suspension or Termination of Payments. In the event the Executive fails to comply with any of his post-employment obligations under this Agreement, in addition to all other legal or equitable remedies the Bank may have, the Bank shall have the right to terminate or suspend its payment of Salary and Benefit Continuation to the Executive. The termination or suspension of such payments in the event of such breach by the Executive shall not affect the Executive’s continuing obligations under this Agreement.
Suspension or Termination of Payments. In the event that the Executive fails to comply with any of the Executive’s obligations under this General Release, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to the Executive under this General Release. The termination or suspension of such payments in the event of such breach by the Executive will not affect the Executive’s continuing obligations under this General Release. Notwithstanding the foregoing, this provision shall not apply to the extent that the Executive’s breach of this General Release consists of initiating a legal action in which the Executive contends that the release set forth in Section 6 is invalid, in whole or in part, due to the provisions of 29 U.S.C. § 626(f).
Suspension or Termination of Payments. In the event that you fail to comply with any of your obligations under this Agreement, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to you under this Agreement, provided that the Company shall provide you fifteen (15) days written notice prior to the Company’s termination or suspension of payments to you under this Agreement. During such fifteen (15) day notice, you may cure or attempt to cure any failure to comply with your obligations under this Agreement, and if such failure is cured by the end of such notice period, the Company will not terminate or suspend its payments to you under this Agreement. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Agreement. Notwithstanding the foregoing, this provision shall not apply to the extent that your breach of this Agreement consists of initiating a legal action in which you contend that the release set forth above is invalid, in whole or in part, due to the provisions of 29 U.S.C. § 626(f).
Suspension or Termination of Payments. In the event that you fail to comply with your obligations under Sections 6, 7, 8, 11, 12, 13 or 15 of this Agreement, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to you and the additional vesting of Your Stock Options under this Agreement. The termination or suspension of such payments or vesting in the event of such breach by you will not affect your continuing obligations under this Agreement.
Suspension or Termination of Payments. In the event that you fail to comply with any of your obligations under this Agreement, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to you under this Agreement to the extent that those payments exceed those that otherwise would have been provided to you as set forth in your letter agreement with the Company dated March 2, 2001. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Agreement. Notwithstanding the foregoing, this provision shall not apply to the extent that your breach of this Agreement consists of initiating a legal action in which you contend that the release set forth in Section 9 is invalid, in whole or in part, due to the provisions of 29 U.S.C. § 626(f). Xxxx X. Xxxxx December 21, 2007
Suspension or Termination of Payments. In the event that you violate Section 9 of this Agreement by initiating litigation or any proceeding against the Company for any of the released claims, in addition to any other legal or equitable remedies it may have for such breach, the Company shall have the right to terminate or suspend its payments to you under this Agreement. The termination or suspension of such payments in event of such breach by you will not affect your continuing obligations under the Agreement. Notwithstanding the foregoing, this provision shall not apply to the extent that your breach of this Agreement consists of initiating a legal action in which you contend that the release set forth in Section 9 is invalid, in whole or in part, due to the provisions of 29 U.S.C. §626(f).
Suspension or Termination of Payments. In the event that you fail to comply with any of your obligations under this Option B Agreement, in addition to any other legal or equitable remedies it may have for such breach the Company shall have the right to terminate or suspend its payments to you under this Option B Agreement. The termination or suspension of such payments in the event of such breach by you will not affect your continuing obligations under this Option B Agreement. Notwithstanding the Xxxxx X. Xxxxxxxxxxxx January 19, 2004 Page 8 foregoing, this provision shall not apply to the extent that your breach of this Option B Agreement consists of initiating a legal action in which you contend that the release set forth in Section 7 is invalid, in whole or in part, due to the provisions of 29 U.S.C. Section 626(f).
