Common use of Extension of Restrictions Clause in Contracts

Extension of Restrictions. If Executive violates any of the provisions of this Section 5, the duration of the provisions shall automatically be extended, and Executive shall continue to be bound by the restrictions set forth in Section 5 until a period of twelve (12) months has expired without any violation of such provisions.

Appears in 1 contract

Sources: Severance Agreement (American Water Works Company, Inc.)

Extension of Restrictions. If Executive violates any of the provisions of this Section 54, the duration of the provisions shall automatically be extended, and Executive shall continue to be bound by the restrictions set forth in Section 5 4 until a period of twelve (12) months has expired without any violation of such provisions.

Appears in 1 contract

Sources: Separation Agreement (American Water Works Company, Inc.)