Common use of Material Breach of Agreement Clause in Contracts

Material Breach of Agreement. In addition to the rights provided in Section 20 below, if Executive commits a material breach of this Agreement, which shall include, without limitation, any breach of Sections 7, 8, 9, 10 and 11 of this Agreement and any breach of the Confidentiality Agreement, the Company shall be entitled to immediately recover and/or cease providing the payments and consideration provided to Executive under this Agreement (including, for the avoidance of doubt, canceling any equity awards Executive holds) and to obtain damages, except as provided by law.

Appears in 1 contract

Samples: Separation Agreement and Release (Viatris Inc)

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Material Breach of Agreement. In addition to the rights provided in Section 20 22 below, if Executive commits a material breach of this Agreement, which shall include, without limitation, any breach of Sections 7, 8, 9, 10 10, 11, 12 and 11 13 of this Agreement and any breach of the 10 Confidentiality Agreement, the Company shall be entitled to immediately recover and/or cease providing the payments and consideration provided to Executive under this Agreement (including, for the avoidance of doubt, canceling any equity awards Executive holds) and to obtain damages, except as provided by law.

Appears in 1 contract

Samples: Retirement and Operating Consulting Agreement and Release (Viatris Inc)

Material Breach of Agreement. In addition to the rights provided in Section 20 below, if Executive commits a material breach of this Agreement, which shall include, without limitation, any breach of Sections 7, 8, 9, 9 and 10 and 11 of this Agreement and any breach of the Confidentiality Agreement, the Company shall be entitled to immediately recover and/or cease providing the payments and consideration provided to Executive under this Agreement (including, for the avoidance of doubt, canceling any equity awards Executive holds) and to obtain damages, except as provided by law.

Appears in 1 contract

Samples: Separation Agreement and Release (Viatris Inc)

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Material Breach of Agreement. In addition to the rights provided in Section 20 22 below, if Executive commits a material breach of this Agreement, which shall include, without limitation, any breach of Sections 7, 8, 9, 10 10, 11 and 11 12 of this Agreement and any breach of the Confidentiality Agreement, the Company shall be entitled to immediately recover and/or cease providing the payments and consideration provided to Executive under this Agreement (including, for the avoidance of doubt, canceling any equity awards Executive holds) and to obtain damages, except as provided by law.

Appears in 1 contract

Samples: Separation Agreement and Release (Viatris Inc)

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