Common use of Breach by Employee Clause in Contracts

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 3 contracts

Samples: Separation Agreement (Genworth Financial Inc), Separation Agreement (Genworth Financial Inc), Separation Agreement (Genworth Financial Inc)

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Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 2 contracts

Samples: Separation Agreement (Genworth Financial Inc), Separation Agreement (General Electric Co)

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement or ¶10(b) of the Employment Agreement, except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 1 contract

Samples: Separation Agreement and General Release (Non Invasive Monitoring Systems Inc /Fl/)

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s Employee materially fulfilling his obligations under this Agreement. Any If the Employee commits any material breach of this Agreement by Agreement, the Employee will result in Company has the immediate cancellation of the Company’s right to immediately cancel its obligations under this Agreement and of any benefits that have been granted may seek injunctive relief in addition to the Employee by the terms of other remedies available under this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing releaseAgreement.

Appears in 1 contract

Samples: Non Competition Agreement (General Electric Co)

Breach by Employee. The Company’s 's obligations to the Employee after the Effective Date under this Agreement are contingent on the Employee’s 's obligations under this Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s 's obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement Agreement, except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 1 contract

Samples: Separation Agreement & Release (Investar Holding Corp)

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement and the Separation Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 1 contract

Samples: Separation Agreement (Genworth Financial Inc)

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Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement. Any material breach of this Agreement by the Employee as proven by the Company in accordance with paragraph 20 below, will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 1 contract

Samples: Separation Agreement (Genworth Financial Inc)

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement and the Severance Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing release.

Appears in 1 contract

Samples: Severance & Release Agreement (Genworth Financial Inc)

Breach by Employee. The Company’s obligations to the Employee after the Effective Date are contingent on the Employee’s obligations under this Agreement. Any material breach of this Agreement by the Employee will result in the immediate cancellation of the Company’s obligations under this Agreement and of any benefits that have been granted to the Employee by the terms of this Agreement except to the extent that such cancellation is prohibited by law or would result in the invalidation of the foregoing releaserelease or restrictive covenants.

Appears in 1 contract

Samples: Separation Agreement and Release (Genworth Financial Inc)

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