Common use of Effect of Breach of Obligations Clause in Contracts

Effect of Breach of Obligations. If the Employee breaches any obligation described in this Agreement and such breach occurs before a Change in Control or before the Employee has Terminated, this Agreement will terminate as of the date of the breach, even if the fact of the breach becomes apparent at a later date.

Effect of Breach of Obligations. If the Employee breaches any obligation described in this Agreement and such Agreement: [1] If that breach occurs before a Change in Control or before the Employee has TerminatedControl, this Agreement will terminate as of the date of the breach, even if the fact of the breach becomes apparent at a later date.date and no amount will be due under this Agreement;