Common use of Condition to Entitlement to Severance Benefits Clause in Contracts

Condition to Entitlement to Severance Benefits. In addition to the other terms and conditions of this Agreement, the Employee shall be eligible to receive Severance Benefits hereunder only if prior to the receipt of such benefits he executes a release of claims against the Company, its affiliates and other appropriate releasees, in a form reasonably acceptable to the Company.

Appears in 6 contracts

Samples: Amended and Restated Severance Agreement (Artesyn Technologies Inc), Severance Agreement (Artesyn Technologies Inc), Amended and Restated Severance Agreement (Artesyn Technologies Inc)

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Condition to Entitlement to Severance Benefits. In addition to the other terms and conditions of this Agreement, the Employee shall be eligible to receive Severance Benefits hereunder only if prior to the receipt of such benefits he executes a release of claims against the Company, its affiliates and other appropriate releaseesreleases, in a form reasonably acceptable to the Company.

Appears in 4 contracts

Samples: Severance Agreement (Artesyn Technologies Inc), Severance Agreement (Artesyn Technologies Inc), Severance Agreement (Artesyn Technologies Inc)

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