Consequence of Breach. If Officer breaches the covenant not to compete in Section 14.1, Officer shall forfeit any remaining payments under the Severance Benefit, Change in Control Benefit or Retention Incentive, to which Officer is entitled under this Agreement.
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Sources: Employment Agreement (Umpqua Holdings Corp), Employment Agreement (Umpqua Holdings Corp)
Consequence of Breach. If Officer breaches the covenant not to compete in Section 14.1, Officer shall forfeit any remaining payments under the Severance Benefit, Change in Control Benefit or Retention Incentive, to which Officer is entitled under this Agreement.
Appears in 1 contract
Consequence of Breach. If Officer breaches the covenant not to compete in Section 14.1, Officer shall forfeit any remaining payments under the Severance Benefit, Change in Control Benefit Benefit, or Retention Incentive, to which Officer is entitled under this Agreement.
Appears in 1 contract