Common use of Compliance with Restrictive Covenants Clause in Contracts

Compliance with Restrictive Covenants. To the extent that Executive is party to any agreement, or Company policy, imposing restrictions upon his activities following his termination of employment (including but not limited to any restrictions on competitive activities, solicitation of employees or customers, or use of confidential information, or any requirement of cooperation), then payment of the Retention Payment is expressly conditioned upon Executive’s continued compliance with each such agreement or policy, and in the event of any breach by Executive of any such agreement or policy, Executive’s right to any unpaid portion of the Retention Payment shall be immediately forfeited, in addition to any other legal or remedies the Company may have with respect to such agreement or policy.