Common use of Cease Payments Clause in Contracts

Cease Payments. In the event that Employee breaches Section 8(a), 8(b) or 8(c), Employer’s obligation to make or provide payments or benefits under Section 5 or 6 shall cease, to the extent not already paid or provided.

Appears in 4 contracts

Samples: Employment Agreement (Centennial Bank Holdings, Inc.), Employment Agreement (Centennial Bank Holdings, Inc.), Employment Agreement (Centennial Bank Holdings, Inc.)

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Cease Payments. In the event that Employee breaches Section 8(a), 8(b) or 8(c8(b), Employer’s obligation to make or provide payments or benefits under Section 5 or 6 shall cease, to the extent not already paid or provided.

Appears in 2 contracts

Samples: Employment Agreement (Centennial Bank Holdings, Inc.), Employment Agreement (Centennial Bank Holdings, Inc.)

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