Common use of Company’s Obligation Clause in Contracts

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 is conditioned upon Executive’s (i) execution and delivery to the Company of a general release of legal claims, including, but not limited to, employment-related claims (but not claims as a shareholder) in form satisfactory to the Company, and (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Vs Holdings, Inc.), Employment Agreement (Vs Holdings, Inc.), Employment Agreement (Vs Holdings, Inc.)

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Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 4 is conditioned upon the Executive’s (i) execution and delivery to the Company of a general release of legal claims, claims including, but not limited to, employment-related claims (but not claims as claims, in a shareholder) in form satisfactory to the Company, and (ii) continued observance in all material respects of the covenants contained in Sections 5, 6, 7, 7 and 8 and 9 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Vs Direct Inc.), Employment Agreement (Vs Holdings, Inc.)

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 is conditioned upon Executive’s (i) execution and delivery to the Company of a general release of legal claims, including, but not limited to, covering employment-related claims (but not claims as a shareholder) in form satisfactory to the Company, Company and (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 8, 9 and 9 10 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Vs Holdings, Inc.)

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 5(C), or (D), is conditioned upon the Executive’s (or her estate’s) compliance with (i) the provisions of the ESPP, including without limitation the execution and delivery to the Company of a general release of legal claims, including, but not limited to, employment-related claims (but not claims as provided therein in a shareholder) in form satisfactory to the Company, ; and (ii) compliance with and continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Vitamin Shoppe, Inc.)

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Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 3 is conditioned upon Executive’s (i) execution and delivery to the Company of a general release of legal claims, including, but not limited to, employment-related claims (but not claims as in a shareholder) in form satisfactory to the Company, and (ii) continued observance in all material respects of the covenants contained in Sections 64, 75, 8 6 and 9 7 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Vs Holdings, Inc.)

Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 3 is conditioned upon Executive’s (i) execution and delivery to the Company of a general release of legal claims, including, but not limited to, covering employment-related claims (but not claims as a shareholder) in form satisfactory to the Company, Company and (ii) continued observance in all material respects of the covenants contained in Sections 64, 75, 8 6 and 9 7 of this Agreement.

Appears in 1 contract

Samples: Non Competition Agreement (Vs Direct Inc.)

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