Common use of Continued Compliance Clause in Contracts

Continued Compliance. Executive and the Company hereby acknowledge that any Severance Payments and Benefits Payments payable by the Company under Section 4.2 (including by reason of Section 4.3) are part of the consideration for Executive’s undertakings under Article V below. Such amounts are subject to Executive’s continued compliance with the provisions of Article V. If Executive violates the provisions of Article V, then the Company will have no obligation to make any of the Severance Payments or Benefits Payments that remain payable by the Company under Section 4.2 (including by reason of Section 4.3) on or after the date of such violation.

Appears in 5 contracts

Samples: Employment Agreement (Ascent Capital Group, Inc.), Employment Agreement (Ascent Media CORP), Employment Agreement (Ascent Media CORP)

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Continued Compliance. Executive and the Company hereby acknowledge that any Severance Payments and Benefits Payments payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 are part of the consideration for Executive’s undertakings under Article V below. Such amounts are subject to Executive’s continued compliance with the provisions of Article V. If Executive violates the provisions of Article V, then the Company will have no obligation to make any of the Severance Payments or Benefits Payments that remain payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 on or after the date of such violation.

Appears in 3 contracts

Samples: Employment Agreement (Ascent Capital Group, Inc.), Employment Agreement (Ascent Capital Group, Inc.), Employment Agreement (Ascent Capital Group, Inc.)

Continued Compliance. Executive and the Company hereby acknowledge that any Severance Payments and Benefits Payments payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 are part of the consideration for Executive’s 's undertakings under Article V below. Such amounts below and, accordingly, are subject to Executive’s 's continued compliance with the provisions of Article V. V below. If Executive violates the provisions of Article V, then the Company will have no obligation to make any of the Severance Payments or Benefits Payments that become or remain (as applicable) payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 on or after the date of such violation.

Appears in 2 contracts

Samples: Employment Agreement (Monitronics International Inc), Employment Agreement (Monitronics International Inc)

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Continued Compliance. Executive and the Company hereby acknowledge that any Severance Payments and Benefits Payments payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 are part of the consideration for Executive’s undertakings under Article V below. Such amounts are subject to Executive’s continued compliance with the provisions of Article V. If Executive violates the provisions of Article V, then the Company will have no obligation to make any of the Severance Payments or Benefits Payments that remain payable by the Company under Section 4.2 (including by reason of Section 4.3) or 4.3 on or after the date of such violation.. ARTICLE V

Appears in 1 contract

Samples: Employment Agreement (Ascent Capital Group, Inc.)

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