Common use of PERFORMANCE BY EMPLOYEE Clause in Contracts

PERFORMANCE BY EMPLOYEE. Nothing contained herein shall operate as a waiver or an election of remedies by Company should Employee fail to perform any duty or obligation imposed upon him hereunder. Notwithstanding anything contained herein to the contrary, this Agreement and the duties and obligations of Employee hereunder shall continue in full force and effect irrespective of any violation of any term or provision of this Agreement by Employee.

Appears in 5 contracts

Samples: Agreement (Mathstar Inc), Severance and Release Agreement (Hei Inc), Severance Agreement (Mathstar Inc)

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PERFORMANCE BY EMPLOYEE. Nothing contained herein shall operate as a waiver or an election of remedies by the Company should the Employee fail to perform any duty or obligation imposed upon him hereunder. Notwithstanding anything contained herein to the contrary, this Agreement and the duties and obligations of the Employee hereunder shall continue in full force and effect irrespective of any violation of any term or provision of this Agreement by the Employee.

Appears in 2 contracts

Samples: Severance Agreement (Netradio Corp), Severance and Settlement Agreement and Mutual Release (Quantech LTD /Mn/)

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