Common use of Cease Payments Clause in Contracts

Cease Payments. In the event that Executive materially breaches Section 7.1, 7.2, 7.3 or 7.4, the Company’s obligation to make or provide payments or benefits under Section 5 will cease.

Appears in 6 contracts

Samples: Employment Agreement (B. Riley Financial, Inc.), Employment Agreement (B. Riley Financial, Inc.), Employment Agreement (B. Riley Financial, Inc.)

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Cease Payments. In the event that the Executive materially breaches Section 7.17(a), 7.2, 7.3 7(b) or 7.47(i), the Company’s obligation to make or provide payments or benefits under Section 5 will 4 or 6 shall cease.

Appears in 5 contracts

Samples: Waiver and Release Agreement (General Growth Properties Inc), Employment Agreement (General Growth Properties Inc), Waiver and Release Agreement

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