Common use of Stay of Time Clause in Contracts

Stay of Time. In the event Employee violates the provisions of Section 8 of this Agreement, the running of the time period of such provisions so violated shall be automatically suspended upon the date of such violation and shall resume on the date such violation permanently ceases.

Appears in 3 contracts

Samples: Employment and Noncompetition Agreement (American Residential Investment Trust Inc), Employment and Noncompetition Agreement (American Residential Investment Trust Inc), Employment and Noncompetition Agreement (American Residential Investment Trust Inc)

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Stay of Time. In the event that Employee violates the provisions of Section 8 Paragraph 1 or 2 of this Agreement, the running of the time period of such provisions provision so violated shall be automatically suspended upon on the date of such violation and shall resume on the date such violation permanently ceases.

Appears in 3 contracts

Samples: Agreement Respecting Noncompetition, Nonsolicitation and Nondisparagement (Neustar Inc), Agreement Respecting Noncompetition, Nonsolicitation and Confidentiality (Neustar Inc), Form of Agreement (Neustar Inc)

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Stay of Time. In the event Employee violates the provisions of Section 8 of this Agreement, the running of the time period of such provisions so violated shall be suspended automatically suspended and retroactively upon the date of such violation (as subsequently determined by an arbitrator or court of competent jurisdiction) and shall resume on the date such violation permanently ceases.

Appears in 1 contract

Samples: Non Competition, Non Solicitation and Non Hire Agreement (Peoplesoft Inc)

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