Common use of Breach of this Agreement by the Company Clause in Contracts

Breach of this Agreement by the Company. If termination of Employee’s employment arises out of Company’s failure to pay Employee on a timely basis the amounts to which he is entitled under this Agreement or as a result of any other breach of this Agreement by Employer, as determined by a court of competent jurisdiction or pursuant to the provisions of Paragraph 29 below, the Company shall pay all amounts and damages to which Employee may be entitled as a result of such breach, including interest thereon and all reasonable legal fees and expenses and other costs incurred by Employee to enforce his rights hereunder. Further, the Non-solicitation Covenant and the Noncompetition Covenant in Paragraph 8. hereof shall not apply in the event this Agreement is terminated as a result of a breach by the Company during the Term of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Fenix Parts, Inc.), Employment Agreement (Fenix Parts, Inc.), Employment Agreement (Fenix Parts, Inc.)

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Breach of this Agreement by the Company. If termination of EmployeeExecutive’s employment arises out of Company’s failure to pay Employee Executive on a timely basis the amounts to which he is entitled under this Agreement or as a result of any other breach of this Agreement by EmployerCompany, as determined by a court of competent jurisdiction or pursuant to the provisions of Paragraph 29 30 below, the Company shall pay all amounts and damages to which Employee Executive may be entitled as a result of such breach, including interest thereon and all reasonable legal fees and expenses and other costs incurred by Employee Executive to enforce his rights hereunder. Further, the Non-solicitation Covenant and the Noncompetition Covenant in Paragraph 8. hereof shall not apply in the event this Agreement is terminated as a result of a breach by the Company during the Term of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (F5 Finishes, Inc), Employment Agreement (F5 Finishes, Inc)

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