Common use of Default in Payments Clause in Contracts

Default in Payments. If any payment is due and payable to the Executive under Section 21 and such payment is not made when due and such non-payment continues for a period of ten (10) days after written notice thereof from the Executive to the Corporation, which notice describes such payment default and references this Section 22, the following shall occur:

Appears in 2 contracts

Samples: Employment Agreement (Convergent Group Corp), Employment Agreement (Convergent Group Corp)

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Default in Payments. If any payment is due and payable to the Executive under Section 21 following a termination of this Agreement and such payment is not made when due and such non-payment continues for a period of ten (10) days after written notice thereof from the Executive to the Corporation, which notice describes such payment default and references this Section 22, the following shall occur:

Appears in 1 contract

Samples: Employment Agreement (Convergent Group Corp)

Default in Payments. If any payment is due and payable to the Executive under Section 21 following a termination of this Agreement and such payment is not made when due and such non-payment continues for a period of ten (10) days after written notice thereof from the Executive to the Corporation, which notice describes such payment default and references this Section 22, the following shall occur:

Appears in 1 contract

Samples: Employment Agreement (Convergent Group Corp)

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Default in Payments. If any payment is due and payable to the Executive under Section 21 and such payment is not made when due or Section 22 and such non-payment continues for a period of ten (10) days after written notice thereof from the Executive to the Corporation, which notice describes such payment default and references this Section 2223, the following shall occur:

Appears in 1 contract

Samples: Employment Agreement (Convergent Group Corp)

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