Common use of Stay of Time Clause in Contracts

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee has violated the provisions of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on the date that the Court determines that such violation has ceased.

Appears in 4 contracts

Samples: Noncompetition Agreement (Yahoo Inc), Noncompetition Agreement (Yahoo Inc), Noncompetition Agreement (Launch Media Inc)

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Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee has violated the provisions of this Agreement, without derogating from any other remedy available to the Company or any of its Affiliates under applicable law, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Noncompetition and Retention Agreement (Spansion Inc.)

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee Holder has violated the one or more provisions of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased. 6.

Appears in 1 contract

Samples: Solicitation and No Hire Agreement

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee has violated the provisions any provision of this Agreement, the running of the time period of such provisions provision so violated shall be automatically suspended as of the date of such violation and shall resume on be instead for the period of time from the date such violation commences through the date that the Court such court or person determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Compete and Confidentiality Agreement (Valueclick Inc/Ca)

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee has the Seller, Shareholder, ALG or any of their Affiliates have violated the provisions of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Noncompete Agreement (American Leisure Holdings, Inc.)

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Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee Holder has violated the one or more provisions of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Non Competition (Wal Mart Stores Inc)

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee has violated the provisions of this Agreement, without derogating from any other remedy available to the Company or any of its Affiliates under applicable law, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Noncompetition and Retention Agreement

Stay of Time. In the event a court of competent jurisdiction or other entity or person mutually selected by the parties to resolve any dispute (collectively a "Court") has determined that Employee Consultant has violated the provisions of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended as of the date of such violation and shall resume on be extended for the period of time from the date such violation commenced through the date that the Court determines that such violation has permanently ceased.

Appears in 1 contract

Samples: Support Agreement (Witness Systems Inc)

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