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Common use of Tolling Clause in Contracts

Tolling. In the event of any violation of the provisions of this Agreement, Executive acknowledges and agrees that the post-termination restrictions contained in this Agreement shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 27 contracts

Samples: Performance Share Award Notice (Kraft Heinz Co), Performance Share Award Notice (Kraft Heinz Co), Performance Share Award Notice (Kraft Heinz Co)

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Tolling. In the event of any violation of the provisions of this Agreement, Executive Employee acknowledges and agrees that the post-termination restrictions contained in this Agreement herein shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 6 contracts

Samples: Employment Agreement (Beta Bionics, Inc), Employment Agreement (Beta Bionics, Inc), Employment Agreement (Beta Bionics, Inc)

Tolling. In the event of any violation of the provisions of this Agreement, Executive the Employee acknowledges and agrees that the post-termination restrictions contained in this Agreement herein shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement (Styron Canada ULC), Employment Agreement (Styron Canada ULC)

Tolling. In the event of any violation of the provisions of this Agreement, Executive acknowledges you acknowledge and agrees agree that the post-termination restrictions contained in this Agreement shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 3 contracts

Samples: Letter Agreement (Legacy Reserves Inc.), Letter Agreement (Legacy Reserves Inc.), Letter Agreement (Legacy Reserves Inc.)

Tolling. In the event of any violation of the provisions of this AgreementSection 2, the Executive acknowledges and agrees that the post-termination restrictions contained in this Agreement Section 2 shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Packaging Corp of America), Restricted Stock Award Agreement (Packaging Corp of America)

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Tolling. In the event of any violation of the provisions of this Agreement, Executive acknowledges and agrees that the post-post- termination restrictions contained in this Agreement shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement, Non Qualified Stock Option Award Agreement (H.J. Heinz Holding Corp)

Tolling. In the event of any violation of the provisions of this Agreement, the Executive acknowledges and agrees that the post-termination restrictions contained in this Agreement herein shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.

Appears in 2 contracts

Samples: Executive Subscription and Securityholder’s Agreement (Styron Canada ULC), Executive Subscription and Securityholder’s Agreement (Trinseo S.A.)

Tolling. In the event of any violation of the provisions of this Agreement, Executive acknowledges and agrees that the post-termination restrictions contained in this Agreement Section 2 shall be extended by a period of time equal to the period of such violation, it being the intention of the parties Parties hereto that the running of the applicable post-termination restriction period Restricted Period shall be tolled during any period of such violation.

Appears in 1 contract

Samples: Non Compete Payment Agreement (ELI LILLY & Co)