Common use of Tolling Clause in Contracts

Tolling. The restricted period for each of the covenants in this Award Agreement shall be tolled during (a) any period(s) of violation that occur during the original restricted period; and (b) any period(s) of time required by litigation to enforce the covenant (other than any periods during which Participant is enjoined from engaging in the prohibited activity and is in compliance with such order of enjoinment) provided that the litigation is filed within one year following the end of the two-year period immediately following the cessation of employment.

Appears in 53 contracts

Samples: Restricted Stock Unit Agreement (MGP Ingredients Inc), Restricted Stock Unit Agreement (MGP Ingredients Inc), Restricted Stock Unit Agreement (MGP Ingredients Inc)

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Tolling. The restricted period for each of the covenants in this Award Agreement shall be tolled during (a) any period(s) of violation that occur during the original restricted period; and (b) any period(s) of time required by litigation to enforce the covenant (other than any periods during which Participant is enjoined from engaging in the prohibited activity and is in compliance #8 with such order of enjoinment) provided that the litigation is filed within one year following the end of the two-year period immediately following the cessation of employment.

Appears in 1 contract

Samples: Market Stock Units Award Agreement (H&r Block Inc)

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