Common use of Extension of Time Clause in Contracts

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur.

Appears in 13 contracts

Samples: Executive Employment Agreement (SeqLL, Inc.), Executive Employment Agreement (SeqLL, Inc.), Employment Agreement (INSMED Inc)

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Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any Related Entity seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 8 contracts

Samples: Employment Agreement (INSMED Inc), Employment Agreement (INSMED Inc), Employment Agreement (INSMED Inc)

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any its Related Entity seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 5 contracts

Samples: Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc)

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 4 contracts

Samples: Separation Agreement (Devcon International Corp), Employment Agreement (Elandia, Inc.), Agreement (Devcon International Corp)

Extension of Time. If the Executive shall be is in material violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur.

Appears in 3 contracts

Samples: Employment Agreement (Intec Pharma Ltd.), Employment Agreement (Intec Pharma Ltd.), Employment Agreement (Intec Pharma Ltd.)

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any its Affiliate seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.)

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each the time limitation set forth in this Section 7 as to such provision shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any of its Related Entity seeks injunctive relief from such violation in any court, then the applicable covenant shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (FlexShopper, Inc.), Employment Agreement (FlexShopper, Inc.)

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Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any of its Related Entity seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.)

Extension of Time. If In the event that Executive shall be in violation of any provision of the covenants contained in this Section 78, then each time limitation set forth in this Section 7 8 shall be extended for a period of time equal to the period of time during which such violation or violations occur.

Appears in 1 contract

Samples: Separation Agreement (Tropical Sportswear International Corp)

Extension of Time. If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company or any its Affiliates seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

Appears in 1 contract

Samples: Employment Agreement (Integrity Applications, Inc.)

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