Tolling. In the event of the breach by the Executive of any Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 16 contracts
Samples: Employment Agreement (Infinity Property & Casualty Corp), Employment Agreement (Infinity Property & Casualty Corp), Employment Agreement (Infinity Property & Casualty Corp)
Tolling. In the event of the breach by If the Executive of breaches any Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 9 contracts
Samples: Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc)
Tolling. In the event of the breach by the Executive of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 9 contracts
Samples: Employment Agreement (Direct General Corp), Employment Agreement (Infinity Property & Casualty Corp), Employment Agreement (Direct General Corp)
Tolling. In the event of the breach by the Executive of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 9 contracts
Samples: Employment Agreement (CBD Media Holdings LLC), Employment Agreement (Infinity Property & Casualty Corp), Employment Agreement (Infinity Property & Casualty Corp)
Tolling. In the event of the breach by If the Executive of breaches any Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 8 contracts
Samples: Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc)
Tolling. In the event of the breach by the Executive Employee of any Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company Employer shall receive the benefit of the ExecutiveEmployee’s compliance with the Covenants. This paragraph Section 11.4 shall not apply to any period for which the Company Employer is awarded and receives actual monetary damages for breach by the Executive Employee of a Covenant with respect to which this paragraph Section 11.4 applies.
Appears in 6 contracts
Samples: Employment Agreement (Willbros Group, Inc.\NEW\), Employment Agreement (Willbros Group, Inc.\NEW\), Employment Agreement (InfrastruX Group, Inc.)
Tolling. In the event of the a breach by the Executive of any Covenantcovenant set forth in Section 4.8 hereof, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the full benefit of the Executive’s compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph appliescovenants.
Appears in 5 contracts
Samples: Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.)
Tolling. In the event of the breach by the Executive of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 4 contracts
Samples: Executive Employment Agreement (N2h2 Inc), Executive Employment Agreement (N2h2 Inc), Executive Employment Agreement (N2h2 Inc)
Tolling. In the event of the breach by the Executive of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s compliance with the Covenants. This paragraph Section shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph Section applies.
Appears in 3 contracts
Samples: Employment Agreement (Brainstorm Cell Therapeutics Inc.), Employment Agreement (Brainstorm Cell Therapeutics Inc.), Employment Agreement (Brainstorm Cell Therapeutics Inc.)
Tolling. In the event of the breach by the Executive of any Covenant, covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph appliescovenants.
Appears in 3 contracts
Samples: Executive Employment Agreement (N2h2 Inc), Executive Employment Agreement (N2h2 Inc), Executive Employment Agreement (N2h2 Inc)
Tolling. In the event of the breach by the Executive Employee of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the ExecutiveEmployee’s compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive Employee of a Covenant with respect to which this paragraph applies.
Appears in 3 contracts
Samples: Employment Agreement (CBD Media LLC), Employment Agreement (CBD Finance Inc), Employment Agreement (CBD Finance Inc)
Tolling. In the event of the breach by the Executive Employee of any Covenant, Covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s Employee's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive Employee of a Covenant with respect to which this paragraph applies.
Appears in 2 contracts
Samples: Employment Agreement (CBD Media LLC), Employment Agreement (CBD Media LLC)
Tolling. In the event of the breach by If the Executive of breaches any Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies.
Appears in 2 contracts
Samples: Executive Employment Agreement (Libbey Inc), Executive Employment Agreement (Libbey Inc)
Tolling. In the event of the breach by the Executive Employee of any my Covenant, the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company Employer shall receive the benefit of the ExecutiveEmployee’s compliance with the Covenants. This paragraph Section 11.4 shall not apply to any period for from which the Company Employer is awarded and receives actual monetary damages for breach by the Executive Employee of a Covenant with respect to which this paragraph Section 11.4 applies.
Appears in 1 contract
Tolling. In the event of the breach by the Executive of any Covenant, covenant the running of the period of restriction shall be automatically tolled and suspended for the amount of time that the breach continues, and shall automatically recommence when the breach is remedied so that the Company shall receive the benefit of the Executive’s 's compliance with the Covenantscovenants. This paragraph shall not apply to any period for which the Company is awarded and receives actual monetary damages for breach by the Executive of a Covenant with respect to which this paragraph applies11.
Appears in 1 contract
