TERMINATION OF DEFERRED COMPENSATION PAYMENTS AND FORFEITURE OF RIGHTS. The Deferred Compensation Payments will cease immediately upon the occurrence of any of the events listed below in this Section 3 and all of the Director's rights and entitlements under this Agreement will be forfeited.
Appears in 2 contracts
Samples: Deferred Compensation Agreement (Vari Lite International Inc), Deferred Compensation Agreement (Vari Lite International Inc)
TERMINATION OF DEFERRED COMPENSATION PAYMENTS AND FORFEITURE OF RIGHTS. The Deferred Compensation Payments will cease immediately upon the occurrence of any of the events listed below in this Section 3 and all of the Director's rights and entitlements under this Agreement will be forfeited.. (a)
Appears in 2 contracts
Samples: Deferred Compensation Agreement (Vari Lite International Inc), Deferred Compensation Agreement (Vari Lite International Inc)