Company Consideration. For and in consideration of the promises made by Executive in this Agreement, subject to Executive executing this Agreement as provided in Section 14 below and not revoking this Agreement prior to the expiration of the seven (7)-day revocation period provided in this Agreement (the date of such expiration being hereinafter referred to as the “Effective Date”) and subject to Executive’s compliance with Executive’s restrictive covenant obligations in this Agreement and in any other existing agreements with the Company, AutoNation agrees as follows:
Company Consideration. In exchange for the consideration You are providing under this Agreement, the Company (provided You timely sign and do not revoke this Agreement and this Agreement becomes effective) agrees to:
Company Consideration. For and in consideration for the promises made by Executive in this Agreement, AutoNation agrees as follows:
Company Consideration. The Company shall:
Company Consideration. For and in consideration of the promises made by Executive in this Agreement, subject to Executive re-executing this Agreement as provided in Section 16 below and not revoking this Agreement prior to the expiration of the 7-day revocation period provided in this Agreement (the date of such expiration being hereinafter referred to as the (“Re-execution Effective Date”), AutoNation agrees as follows:
Company Consideration. For and in consideration of the promises made by Xxxx in Paragraph 4 of this Agreement, Company agrees as follows:
Company Consideration. (a) In consideration and as material inducement to your signing of this Agreement, and in lieu of the “Severance Payments” as described in the Company’s Executive Severance Plan (the “Plan”), the Company will pay you cash severance payments equal to two (2) years of pay at your most recent base rate of pay, said amount to be paid in installments over two (2) years following your Final Employment Day (the “Severance Pay Period”) at regular intervals (no less frequently than monthly).
Company Consideration. You acknowledge and agree that the severance payments and benefits that you are entitled to receive in connection with the termination of your employment pursuant to Section 10(b) of the Employment Agreement, as set forth in the Separation Agreement, are being provided in exchange for the consideration You are providing under this Agreement and will only be payable to You if you execute this Agreement on or following the Separation Date, and this Agreement becomes effective and You do not revoke it.
Company Consideration. You acknowledge and agree that Your separation from the Company was effective as of the Separation Date and that You have resigned from all of Your director, officer and other positions with the Company and all of its affiliates, effective as of the Separation Date. You acknowledge and agree that the severance payments and benefits that you are entitled to receive in connection with the termination of your employment pursuant to Section 10 of the Employment Agreement, as set forth in the Separation Agreement, are being provided in exchange for the consideration You are providing under this Agreement and will only be payable to You if you execute this Agreement on or following the Separation Date, and this Agreement becomes effective and You do not revoke it.
Company Consideration. Provided that Employee has complied with the terms of the Agreement, including Employee’s obligation not to engage in activities or employment competitive with Company and/or NETGEAR activities during Employee’s employment, and has remained employed through June 15, 2020, and has executed and not revoked this Supplemental Release, then as consideration for this Supplemental Release, the Company agrees to the following:
