Common use of Criminal Charges Clause in Contracts

Criminal Charges. If at any time after Severance Benefits become payable hereunder and prior to the completion of the payment of such benefits Officer is charged with a felony, or other crime involving moral turpitude, which crime relates to activities of Officer occurring during the period Officer was employed by Company or its predecessor(s) under this Agreement, then Company may suspend such payments until such criminal charge is resolved. Company shall resume payments and make any retroactive payments (with interest on such retroactive payments at the rate provided in Section 1274(d)(2)(B) of the Code) commencing at the time such payments would have been made absent suspension under this Section (3)(B)(v) after such criminal charge is resolved; provided, however, that such payments shall cease and no further payments shall be made at any time Officer is convicted of, or enters a guilty plea to, such crime by or before a court of competent jurisdiction.

Criminal Charges. If at any time after Executive Severance Benefits become payable hereunder and prior to the completion of the payment of such benefits Officer Executive is charged with a felony, or other crime involving moral turpitude, which crime relates to activities of Officer Executive occurring during the period Officer Executive was employed by Company or its predecessor(s) under this Agreement, then Company may suspend such payments until such criminal charge is resolved. Company shall resume payments and make any retroactive payments (with interest on such retroactive payments at the rate provided in Section 1274(d)(2)(B) of the Code) commencing at the time such payments would have been made absent suspension under this Section (3)(B)(v3(C)(v) after such criminal charge is resolved; provided, however, that such payments shall cease and no further payments shall be made at any time Officer Executive is convicted of, or enters a guilty plea to, such crime by or before a court of competent jurisdiction.

Criminal Charges. If at any time after Executive Severance ---------------- Benefits become payable hereunder and prior to the completion of the payment of such benefits Officer Executive is charged with a felony, or other crime involving moral turpitude, which crime relates to activities of Officer Executive occurring during the period Officer Executive was employed by Company or its predecessor(s) under this Agreement, then Company may suspend such payments until such criminal charge is resolved. Company shall resume payments and make any retroactive payments (with interest on such retroactive payments at the rate provided in Section 1274(d)(2)(B) of the Code) commencing at the time such payments would have been made absent suspension under this Section (3)(B)(v3(C)(v) after such criminal charge is resolved; provided, however, that such payments shall cease and no further payments shall be made at any time Officer Executive is convicted of, or enters a guilty plea to, such crime by or before a court of competent jurisdiction.

Criminal Charges. If at any time after Severance Benefits ---------------- become payable hereunder and prior to the completion of the payment of such benefits Officer is charged with a felony, or other crime involving moral turpitude, which crime relates to activities of Officer occurring during the period Officer was employed by Company or its predecessor(s) under this Agreement, then Company may suspend such payments until such criminal charge is resolved. Company shall resume payments and make any retroactive payments (with interest on such retroactive payments at the rate provided in Section 1274(d)(2)(B) of the Code) commencing at the time such payments would have been made absent suspension under this Section (3)(B)(v) after such criminal charge is resolved; provided, however, that such payments shall cease and no further payments shall be made at any time Officer is convicted of, or enters a guilty plea to, such crime by or before a court of competent jurisdiction.