Common use of Termination of Company's Obligations Clause in Contracts

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and Executive’s rights pursuant to Sections 5.4 and 5.6 herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition Agreement.

Appears in 9 contracts

Samples: Release Agreement (Globeimmune Inc), Release Agreement (Globeimmune Inc), Release Agreement (Globeimmune Inc)

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Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s 's obligations, and Executive’s 's rights pursuant to Sections 5.4 9(d) and 5.6 9(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Proprietary Information & Inventions Agreement attached hereto as Exhibit A or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 4 contracts

Samples: Employment Agreement (Allos Therapeutics), Employment Agreement (Allos Therapeutics), Employment Agreement (Allos Therapeutics)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and Executive’s rights pursuant to Sections 5.4 12(d) and 5.6 12(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 4 contracts

Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and Executive’s rights pursuant to Sections 5.4 10(d) and 5.6 10(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 3 contracts

Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and ExecutiveEmployee’s rights pursuant to Sections 5.4 10(d) and 5.6 10(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive Employee fail to comply with the provisions of the Confidentiality Agreement or if Executive Employee directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 3 contracts

Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s 's obligations, and Executive’s 's rights pursuant to Sections 5.4 10(d) and 5.6 10(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 2 contracts

Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and ExecutiveEmployee’s rights pursuant to Sections 5.4 10(d) and 5.6 10(f) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive Employee fail to comply with the provisions of the Confidentiality Agreement or if Executive Employee directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 1 contract

Samples: Employment Agreement (Allos Therapeutics Inc)

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Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s obligations, and Executive’s rights pursuant to Sections 5.4 13(d) and 5.6 13(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition Agreement.

Appears in 1 contract

Samples: Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s 's obligations, and Executive’s 's rights pursuant to Sections 5.4 9(d) and 5.6 9(e) herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Agreement or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 1 contract

Samples: Employment Agreement (Allos Therapeutics Inc)

Termination of Company's Obligations. Notwithstanding any provisions in this Agreement to the contrary, the Company’s 's obligations, and Executive’s 's rights pursuant to Sections 5.4 2.2 and 5.6 2.3 herein, regarding salary continuation and the payment of COBRA premiums, shall cease and be rendered a nullity immediately should Executive fail to comply with the provisions of the Confidentiality Executive's Proprietary Information & Inventions Agreement with the Company, a copy of which is attached hereto as Exhibit B, or if Executive directly or indirectly competes with the Company in violation of the Non-Competition AgreementCompany.

Appears in 1 contract

Samples: Executive Severance Benefits Agreement (LXN Corp)

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