Effect of Void Provision. If the Executive successfully asserts that Section 5 of this Agreement is void, the rest of the Agreement will remain valid and enforceable unless the Company elects to cancel it. If this Agreement is canceled, the Executive will repay any payments or benefits the Executive received for signing it.
Appears in 2 contracts
Samples: Employment Agreement (Duddell Street Acquisition Corp.), Employment Agreement (Duddell Street Acquisition Corp.)
Effect of Void Provision. If the Company or the Executive successfully asserts that Section 5 of any provision in this Agreement is void, the rest of the Agreement will remain valid and enforceable unless the Company other party to this Agreement elects to cancel it; provided, however, that if the Company asks the Executive to sign a new document containing a legal and enforceable replacement provision in lieu of canceling the Agreement, the Executive promises that the Executive will do so. If this Agreement is canceled, the Executive will repay any payments or benefits the Executive received for signing it.
Appears in 2 contracts
Samples: Employment Agreement (FiscalNote Holdings, Inc.), Employment Agreement (Duddell Street Acquisition Corp.)
