Common use of Tolling Clause in Contracts

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.

Appears in 8 contracts

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/)

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Tolling. If Executive violates any of the restrictions contained in Sections 5.1 9 through 5.817, then notwithstanding any provision hereof to the contrary, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation such violation, unless and until the such time when the Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of the Partnership.

Appears in 4 contracts

Samples: Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 5 through 5.811, then notwithstanding any provision hereof to the contrary, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any such violation until the time when the Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of the Board or Compensation Committee.

Appears in 4 contracts

Samples: Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 5 through 5.812, then notwithstanding any provision hereof to the contrary, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any such violation until the time when the Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of the Board or Compensation Committee.

Appears in 4 contracts

Samples: Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 11 through 5.818, then notwithstanding any provision hereof to the contrary, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any such violation until the time when the Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of the Board or Compensation Committee.

Appears in 4 contracts

Samples: Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8this Article IV, the restrictive period will Restricted Period shall be suspended and will shall not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the satisfaction of the Company’s reasonable satisfaction. The period of time during which Executive is in breach shall be added to the Restricted Period.

Appears in 3 contracts

Samples: Transition Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 11 through 5.817 of this Agreement, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when the Executive cures the violation to the Company’s 's reasonable satisfaction.

Appears in 3 contracts

Samples: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 9 through 5.816, then notwithstanding any provision hereof to the contrary, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation such violation, unless and until the such time when the Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of the Partnership.

Appears in 3 contracts

Samples: Employment Agreement (Alta Mesa Energy LLC), Employment Agreement (Alta Mesa Energy LLC), Employment Agreement (Alta Mesa Energy LLC)

Tolling. If the Executive violates any of the restrictions contained set forth in Sections 5.1 through 5.8this Section 6, the restrictive period will Restricted Period shall be suspended and will shall not run in favor of the Executive from the time of the commencement of any violation until the time when the Executive cures the violation to the Company’s reasonable satisfactionviolation.

Appears in 2 contracts

Samples: Retention Agreement (Hilltop Holdings Inc.), Retention Agreement (Hilltop Holdings Inc.)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.85(c) or (e), the restrictive period Restricted Period and the Non-Solicitation Period, respectively, will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the CompanyHCC’s reasonable satisfaction.

Appears in 2 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.85(c) or (e), the restrictive period Restricted Period and the Non-Solicitation Period, respectively, will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.

Appears in 2 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8this Section 6, the restrictive period Restricted Period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the satisfaction of the Company’s reasonable satisfaction, or a court issues a valid temporary restraining order or injunction requiring Executive to comply with his obligations under this Section.

Appears in 1 contract

Samples: Employment Agreement (Trupanion Inc.)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.85(c) or (e), the restrictive period Restricted Period and the Non-Solicitation Period, respectively, will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.. [remainder of this page intentionally left blank]

Appears in 1 contract

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8Section 5, the restrictive period Restricted Period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.. [remainder of this page intentionally left blank]

Appears in 1 contract

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/)

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Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.85.5, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s 's reasonable satisfaction.

Appears in 1 contract

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 IO through 5.816, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s 's reasonable satisfaction.

Appears in 1 contract

Samples: Employment Agreement (Parker Drilling Co /De/)

Tolling. If Executive violates any of the restrictions contained in Sections Section 5.1 through 5.8, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s 's reasonable satisfaction.

Appears in 1 contract

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8Section 5(c) or 5(e), the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when the Executive cures the violation to the Company’s reasonable 's satisfaction.

Appears in 1 contract

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 9 through 5.814, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.

Appears in 1 contract

Samples: Transition and Separation Agreement (Parker Drilling Co /De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 0 through 5.80, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the Company’s reasonable satisfaction.

Appears in 1 contract

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8Section 6, the restrictive period will be suspended and will not run in favor of Executive from the until such time of the commencement of any violation until the time when that Executive cures the violation to the Company’s reasonable satisfactionsatisfaction of Atmos.

Appears in 1 contract

Samples: Separation Agreement (Atmos Energy Corp)

Tolling. If Executive violates any of the restrictions contained in Sections 5.1 through 5.8this Section 8, the restrictive period will be suspended and will not run in favor of Executive from the time of the commencement of any violation until the time when Executive cures the violation to the satisfaction of the Company’s reasonable satisfaction.

Appears in 1 contract

Samples: Employment Agreement (Bombay Company Inc)

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