Common use of Termination of Payments Clause in Contracts

Termination of Payments. Upon the breach by the Executive of any covenant under this Section 5, the Employer may terminate, offset and/or recover from the Executive immediately any and all benefits paid to the Executive pursuant to this Agreement, in addition to any and all other remedies available to the Employer under the law or in equity.

Appears in 17 contracts

Samples: Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.)

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Termination of Payments. Upon the breach by the Executive of any covenant under this Section 5, the Employer may terminate, offset and/or or recover from the Executive immediately any and all benefits paid to the Executive pursuant to this Agreement, in addition to any and all other remedies available to the Employer under the law or in equity.

Appears in 6 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (WSB Holdings Inc)

Termination of Payments. Upon the breach by the Executive of any ------------------------ covenant under this Section 5, the Employer may terminate, offset and/or recover from the Executive immediately any and all benefits paid to the Executive pursuant to this Agreement, in addition to any and all other remedies available to the Employer under the law or in equity.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

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Termination of Payments. Upon the breach by the Executive of any covenant under this Section 5, the Employer may terminate, offset and/or or recover from the Executive immediately any and all benefits paid to the Executive pursuant to this Amended Agreement, in addition to any and all other remedies available to the Employer under the law or in equity.

Appears in 1 contract

Samples: Employment Agreement (WSB Holdings Inc)

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