Extension of Restrictions. If Executive is found to have violated any of the provisions of Section 7, Executive agrees that the Restricted Period set forth therein shall be extended by a period of time equal to the period of such violation by Executive. It is the intent of this paragraph that the running of the applicable Restricted Period shall be tolled during any period of violation of Section 7 so that the Company may obtain the full and reasonable protection for which it contracted and so that Executive may not profit by any breach of such provisions. 8.
Appears in 1 contract
Sources: Employment Agreement (Harbor Custom Development, Inc.)
Extension of Restrictions. If Executive is found to have violated any of the provisions of Section 7, Executive agrees that the Restricted Period set forth therein shall be extended by a period of time equal to the period of such violation by Executive. It is the intent of this paragraph that the running of the applicable Restricted Period shall be tolled during any period of violation of Section 7 so that the Company may obtain the full and reasonable protection for which it contracted and so that Executive may not profit by any breach of such provisions. 8.
Appears in 1 contract
Sources: Employment Agreement (Select Interior Concepts, Inc.)