Common use of Stay of Time Clause in Contracts

Stay of Time. In the event that either party shall request a ------------ court of competent jurisdiction (collectively a "Court") or other entity or person mutually selected by the parties to determine whether the Individual 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 of the final order or remedy that the Court or other entity or person rules or determines that such violation occurred.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mpath Interactive Inc/Ca), Agreement and Plan of Merger (Mpath Interactive Inc/Ca)

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Stay of Time. In the event that either party shall request a ------------ court of ------------ competent jurisdiction (collectively a "Court") or other entity or person mutually selected by the parties to determine whether the Individual 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 of the final order or remedy that the Court or other entity or person rules or determines that such violation occurred.

Appears in 2 contracts

Samples: Noncompetition Agreement (Chemdex Corp), Noncompetition Agreement (Chemdex Corp)

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Stay of Time. In the event that either party shall request a ------------ court of competent jurisdiction (collectively a "Court") or other entity or person mutually selected by the parties to determine whether the Individual 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 of the final order or remedy that the Court or other entity or person rules or determines that such violation occurred.

Appears in 1 contract

Samples: Merger Agreement (Hearme)

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