Common use of Termination of Payments Clause in Contracts

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 21 contracts

Samples: Employment Agreement (Community Bank System, Inc.), Employment Agreement (Community Bank System, Inc.), Employment Agreement (Community Bank System, Inc.)

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Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 7 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc)

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable paid to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 7 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc), Employment Agreement (Community Bank System Inc)

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may terminate, offset and/or recover from Employee immediately any and all amounts payable benefits paid to Employee under pursuant to this Agreement against any damages to which Employer is legally entitled Agreement, in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 2 contracts

Samples: Employment Agreement (Cortland First Financial Corp), Employment Agreement (Cortland First Financial Corp)

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 2 contracts

Samples: Employment Agreement (Community Bank System Inc), Employment Agreement (Grange National Banc Corp)

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Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.. ​

Appears in 1 contract

Samples: Employment Agreement (Community Bank System, Inc.)

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 8, Employer shall cease withhold all payments to Employee and may offset and/or recover from Employee immediately any and all amounts payable to Employee under this Agreement against any damages to which Employer is legally entitled in addition to any and all other remedies available to Employer under the law or in equity.

Appears in 1 contract

Samples: Employment Agreement (Community Bank System Inc)

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