Common use of Failure of Executive to Comply Clause in Contracts

Failure of Executive to Comply. If, for any reason other than death or disability, Executive shall, without written consent of the Company, fail to comply with the provisions of paragraph 7(a) above, his rights to any future payments or other benefits hereunder shall terminate, and the Company's obligations to make such payments and provide such benefits shall cease.

Appears in 6 contracts

Samples: Employment Agreement (Xoma LTD), Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma Corp /De/)

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Failure of Executive to Comply. If, for any reason other than death or disability, Executive shall, without written consent of the Company, fail to comply with the provisions of paragraph 7(a) above, his rights to any future payments or other benefits hereunder shall terminate, and the Company's ’s obligations to make such payments and provide such benefits shall cease.

Appears in 5 contracts

Samples: Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/)

Failure of Executive to Comply. If, If for any reason other than death or disability, Executive shall, without written consent of the Company, fail to comply with the provisions of paragraph 7(a) abovethis Section 11, his rights to any future payments or other benefits hereunder shall terminateterminate (without prejudice to any other rights, including recovery of damages of the Company), and the Company's obligations to make such payments and provide such benefits shall cease; provided, however, that no failure to comply with any provision of this Section 11 shall be deemed to have occurred unless and until Executive receives written notice from the Company specifying the conduct alleged to constitute such failure.

Appears in 4 contracts

Samples: Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)

Failure of Executive to Comply. If, If for any reason other than death or disability, Executive shall, without written consent of the Company, fail to comply with the provisions of paragraph 7(aSection 9(a) or 9(b) above, his rights to any future payments or other benefits hereunder shall terminate, and the Company's obligations to make such payments and provide such benefits shall cease; provided, however, that no failure to comply with any provision of Section 9(a) or 9(b) above shall be deemed to have occurred unless and until Executive receives written notice from the Company specifying the conduct alleged to constitute such failure.

Appears in 4 contracts

Samples: Employment Agreement (Chi Energy Inc), Employment Agreement (Chi Energy Inc), Employment Agreement (Chi Energy Inc)

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Failure of Executive to Comply. If, If for any reason other than death or disability, Executive shall, without written consent of the Company, fail to comply with the provisions of paragraph 7(aSection 9(a) or 9(b) above, his her rights to any future payments or other benefits hereunder shall terminate, and the Company's obligations to make such payments and provide such benefits shall cease; provided, however, that no failure to comply with any provision of Section 9(a) or 9(b) above shall be deemed to have occurred unless and until Executive receives written notice from the Company specifying the conduct alleged to constitute such failure.

Appears in 1 contract

Samples: Employment Agreement (Chi Energy Inc)

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