Common use of Violation by Executive Clause in Contracts

Violation by Executive. Violation of Section 4.2 by Executive shall subject Executive to those legal and equitable remedies of Company set forth in Article 6. In addition, Company may seek a restraining order, injunctive relief, and cease making severance payments to Executive until the matter of Executive’s breach of Article 4 is determined. If it is determined by the final, nonappealable order of a court of competent jurisdiction that Executive has breached Article 4, Company shall be relieved of further severance payments to Executive, and Executive shall repay to Company all severance payments previously received.

Appears in 4 contracts

Samples: Employment Agreement (Multiband Corp), Employment Agreement (Multiband Corp), Employment Agreement (Multiband Corp)

AutoNDA by SimpleDocs

Violation by Executive. Violation of Section 4.2 5.1 by Executive shall subject Executive to those legal and equitable remedies of Company set forth in Article 6. In addition, Company may seek a restraining order, injunctive relief, and cease making severance payments to Executive until the matter of Executive’s breach of Article 4 5 is determined. If it is determined by the final, nonappealable order of a court of competent jurisdiction that Executive has breached Article 45, Company shall be relieved of further severance payments to Executive, and Executive shall repay to Company all severance payments previously received.

Appears in 4 contracts

Samples: Employment Agreement (Multiband Corp), Employment Agreement (Multiband Corp), Employment Agreement (Multiband Corp)

Violation by Executive. Violation of Section 4.2 by Executive shall subject Executive to those legal and equitable remedies of Company set forth in Article 6. In addition, Company may seek a restraining order, injunctive relief, and cease making severance payments to Executive until the matter of Executive’s 's breach of Article 4 is determined. If it is determined by the final, nonappealable order of a court of competent jurisdiction that Executive has breached Article 4, Company shall be relieved of further severance payments to Executive, and Executive shall repay to Company all severance payments previously received.

Appears in 2 contracts

Samples: Employment Agreement (Corvu Corp), Employment Agreement (Multiband Corp)

AutoNDA by SimpleDocs

Violation by Executive. Violation of Section 4.2 5.1 by Executive shall subject Executive to those legal and equitable remedies of Company set forth in Article 6. In addition, Company may seek a restraining order, injunctive relief, and cease making severance payments to Executive until the matter of Executive’s 's breach of Article 4 5 is determined. If it is determined by the final, nonappealable order of a court of competent jurisdiction that Executive has breached Article 45, Company shall be relieved of further severance payments to Executive, and Executive shall repay to Company all severance payments previously received.

Appears in 2 contracts

Samples: Employment Agreement (Corvu Corp), Employment Agreement (Multiband Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!