Common use of Company’s Release of Executive Clause in Contracts

Company’s Release of Executive. The Company for itself and on behalf of the Company Parties hereby irrevocably and unconditionally release and forever discharge the Employee Parties from any and all Claims, including, without limitation, any Claims based upon contract, tort, or under any federal, state, local or foreign law, that the Company Parties may have, or in the future may possess, arising out of any aspect of Employee’s employment relationship with and service as an employee, officer, director or agent of the Company or any of its subsidiaries or affiliates, or the termination of such relationship or service, that occurred, existed or arose on or prior to the date hereof, excepting any Claim which would constitute or result from conduct by Employee that could constitute the basis for termination for Cause under the Employment Agreement or could be a crime of any kind. Anything to the contrary notwithstanding in this Release, nothing herein shall release Employee or any other Employee Party from any Claims based on any right the Company may have to enforce this Release or the Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Chindex International Inc), Employment Agreement (Chindex International Inc), Employment Agreement (Chindex International Inc)

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Company’s Release of Executive. The Company for itself and on behalf of the Company Parties hereby irrevocably and unconditionally release and forever discharge the Employee ________ Parties from any and all Claims, including, without limitation, any Claims based upon contract, tort, or under any federal, state, local or foreign law, that the Company Parties may have, or in the future may possess, arising out of any aspect of Employee________’s employment relationship with and service as an employee, officer, director or agent of the Company or any of its subsidiaries or affiliatesCompany, or the termination of such relationship or service, that occurred, existed or arose on or prior to the date hereof, excepting (i) any Claim which would constitute or result from conduct by Employee ________ that could constitute constituted the basis for termination for Cause under the Employment Agreement or could be a crime of any kind, or (ii) rights arising under or in respect of the Equity Agreements. Anything to the contrary notwithstanding in this Release, nothing herein shall release Employee ________ or any other Employee ________ Party from any Claims based on any right the Company may have to enforce this Release or the Employment AgreementAgreement or any of the Applicable Agreements.

Appears in 3 contracts

Samples: Severance Agreement (Thestreet, Inc.), Severance Agreement (Thestreet, Inc.), Severance Agreement (Thestreet, Inc.)

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Company’s Release of Executive. The Company for itself and on behalf of the Company Parties hereby irrevocably and unconditionally release and forever discharge the Employee ___________ Parties from any and all Claims, including, without limitation, any Claims based upon contract, tort, or under any federal, state, local or foreign law, that the Company Parties may have, or in the future may possess, arising out of any aspect of Employee___________ ’s employment relationship with and service as an employee, officer, director or agent of the Company or any of its subsidiaries or affiliatesCompany, or the termination of such relationship or service, that occurred, existed or arose on or prior to the date hereof, ; excepting (i) any Claim which would constitute or result from conduct by Employee ___________ that could constitute constituted the basis for termination for Cause under the Employment Agreement or could be a crime of any kind, or (ii) rights arising under or in respect of the Equity Agreements. Anything to the contrary notwithstanding in this Release, nothing herein shall release Employee ___________ or any other Employee ___________ Party from any Claims based on any right the Company may have to enforce this Release or the Employment AgreementAgreement or any of the Applicable Agreements.

Appears in 1 contract

Samples: Severance Agreement (Thestreet, Inc.)

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