Common use of Suspension or Termination of Payments Clause in Contracts

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.

Appears in 3 contracts

Samples: Employment Agreement (Bluegreen Corp), Employment Agreement (Bluegreen Corp), Employment Agreement (Bluegreen Corp)

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Suspension or Termination of Payments. In the event that you fail to comply with any of your obligations under this Agreement, including without limitation, your continuing post-employment obligations under the Noncompetition Agreement or Sections 7, 8 or 9 of and the Employment AgreementIxxxxxx Xxxxxxx Procedures, in addition to any other legal or equitable remedies it may have for such breach the Company will shall have the right to terminate or suspend the Termination Benefitsits payments, benefits and equity enhancement opportunities 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.

Appears in 1 contract

Samples: April 2007 Iso Agreement (BladeLogic, Inc.)

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