Common use of Effect of suspension on Restricted Period Clause in Contracts

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve months and if the aggregate of the two periods would exceed twelve months, the Restricted Period shall be reduced accordingly.

Appears in 6 contracts

Samples: Trui Hebbelinck (LivaNova PLC), Service Agreement (LivaNova PLC), Service Agreement (LivaNova PLC)

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Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 5.2 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve 12 months and if the aggregate of the two periods would exceed twelve 12 months, the Restricted Period shall be reduced accordingly.

Appears in 5 contracts

Samples: Agreement (Exscientia PLC), Agreement (Exscientia LTD), Agreement (Exscientia LTD)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s 's duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve months and if the aggregate of the two periods would exceed twelve months, the Restricted Period shall be reduced accordingly.

Appears in 3 contracts

Samples: Employment Agreement, Service Agreement (LivaNova PLC), Service Agreement (LivaNova PLC)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s your duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve 12 months and if the aggregate of the two periods would exceed twelve 12 months, the Restricted Period shall be reduced accordingly.

Appears in 2 contracts

Samples: Service Agreement (ReNew Energy Global PLC), Service Agreement (ReNew Energy Global PLC)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve 12 months and if the aggregate of the two periods would exceed twelve 12 months, the Restricted Period shall be reduced accordingly.

Appears in 2 contracts

Samples: Service Agreement (Concrete Pumping Holdings Acquisition Corp), www.sec.gov

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 14.4 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period period after the Termination Date for which the covenants in this Clause 15 shall apply shall not exceed twelve 6 months and if the aggregate of the two periods would exceed twelve 6 months, the Restricted Period period after the Termination Date for which the covenants in this Clause 15 shall apply shall be reduced accordingly.

Appears in 2 contracts

Samples: National Australia Bank LTD, National Australia Bank LTD

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 5.4 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve nine months and if the aggregate of the two periods would exceed twelve nine months, the Restricted Period shall be reduced accordingly.

Appears in 1 contract

Samples: Service Agreement (Diageo PLC)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 5.4 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed [twelve months (12) months] and if the aggregate of the two periods would exceed [twelve (12) months], the Restricted Period shall be reduced accordingly.

Appears in 1 contract

Samples: Service Agreement (Diageo PLC)

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Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 14.4 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period period after the Termination Date for which the covenants in this Clause 15 shall apply shall not exceed twelve 9 months and if the aggregate of the two periods would exceed twelve 9 months, the Restricted Period period after the Termination Date for which the covenants in this Clause 15 shall apply shall be reduced accordingly.

Appears in 1 contract

Samples: Employment Agreement (National Australia Bank LTD)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve 12 months and if the aggregate of the two periods would exceed twelve 12 months, the Restricted Period shall be reduced accordingly.. 19.5

Appears in 1 contract

Samples: Alex Shvartsburg Service Agreement (LivaNova PLC)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 4.4 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve [nine] months and if the aggregate of the two periods would exceed twelve [nine] months, the Restricted Period shall be reduced accordingly.

Appears in 1 contract

Samples: Service Agreement (Diageo PLC)

Effect of suspension on Restricted Period. If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 5.2 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve months and if the aggregate of the two periods would exceed twelve months, the Restricted Period shall be reduced accordingly.

Appears in 1 contract

Samples: Service Agreement (Canargo Energy Corp)

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