Common use of TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY Clause in Contracts

TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's termination was not after a Change in Control and if the Executive shall have materially violated the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 6 contracts

Samples: Pride International Inc, Pride International Inc, Pride International Inc

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TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's termination was not after a Change in Control and if the Executive shall have be materially violated violating the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that after receipt of written notice he shall continue such action and that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 3 contracts

Samples: Confidentiality Agreement (Pride International Inc), Pride International Inc, Pride International Inc

TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's ’s termination was not after a Change in Control and if the Executive shall have materially violated the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 1 contract

Samples: Confidentiality Agreement (Vantage Energy Services, Inc.)

TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's ’s termination was not after a Change in Control and if the Executive shall have materially violated be violating the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that after receipt of written notice he shall continue such action and that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 1 contract

Samples: Pride International Inc

TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's termination was not after a Change in Control and if the Executive shall have materially violated be violating the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that after receipt of written notice he shall continue such action and that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 1 contract

Samples: Pride International Inc

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TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's termination was not after a Change in Control and if the Executive shall have materially violated be violating the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that after receipt of written notice and he shall continue such action and that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereofthis Agreement, subject to the other provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 1 contract

Samples: Pride International Inc

TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND CONFIDENTIALITY. If the Executive's termination was not after a Change in Control and if the Executive shall have materially violated be violating the Confidentiality and/or Non-Competition Agreement or any agreement he may have signed as an employee of the Company, the Executive agrees that if after receipt of written notice he shall continue such action, that there shall be no obligation on the part of the Company to provide any payments or benefits (other than payments or benefits already earned or accrued) described in the Termination of Rights and Benefits Section hereof, subject to the provisions of Section 6.01 hereof. There will be no withholding of benefits or payments if the termination occurred after a Change in Control and the Executive will not be bound by the non-competition provisions if terminated while the Change in Control provisions hereof are applicable.

Appears in 1 contract

Samples: Pride International Inc

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