Common use of Condition to Payment Clause in Contracts

Condition to Payment. All payments and benefits due to Executive under this Section 5 which are not otherwise required by law shall be contingent upon (i) execution by Executive (or Executive’s beneficiary or estate) of a fully effective and non-revocable general release of all claims to the maximum extent permitted by law against the Company, its affiliates and its current and former stockholders, directors, members, managers, employees and agents, in such form as determined by the Company in its sole discretion within sixty (60) days of the Executive’s termination of employment and (ii) compliance by Executive with his obligations under this Agreement, including, without limitation, the restrictions on activities of Executive set forth in Section 7 and under any stockholders or other agreement to which the Company and Executive are a party.

Condition to Payment. All payments and benefits due to Executive under this Section 5 which are not otherwise required by law shall be contingent upon (i) execution by Executive (or Executive’s beneficiary or estate) of a fully effective and non-revocable general release of all claims to the maximum extent permitted by law against the Company, its affiliates and its current and former stockholders, directors, members, managers, employees and agents, in such form as determined by the Company in its sole discretion within sixty (60) days of the Executive’s termination of employment and (ii) compliance by Executive with his obligations under this Agreement, including, without limitation, the restrictions on activities of Executive set forth in Section 7 and under any stockholders or other agreement to which the Company and Executive are a party.

Condition to Payment. All payments and benefits due to Executive under this Section 5 which that are not otherwise required by applicable law or other contract shall be contingent upon (ia) within sixty (60) days of the date of termination, execution by Executive (or Executive’s beneficiary or estatelegal representatives) of a fully effective and non-revocable general release of all claims to the maximum extent permitted by applicable law against the Company, its affiliates Affiliates and its current and former fanner stockholders, directors, members, officers, managers, employees and agents, in such form as determined by the Company in its sole discretion within sixty (60) days of the Executive’s termination of employment discretion, and such release becoming effective and (iib) compliance by Executive with his Executive’s obligations under this Agreement, including, without limitation, the restrictions on activities of Executive set forth in Section 7 6 and under any stockholders or other agreement to which the Company (or any of its Affiliates) and Executive are a party.

Condition to Payment. All payments and benefits due to Executive under this Section 5 which 7 that are not otherwise required by applicable law or other contract shall be contingent upon (ia) within sixty (60) days of the date of termination, execution by Executive (or Executive’s beneficiary or estatelegal representatives) of a fully effective and non-revocable general release of all claims to the maximum extent permitted by applicable law against the Company, its affiliates Affiliates and its current and former stockholders, directors, members, officers, managers, employees and agents, in such form as determined by the Company in its sole discretion within sixty (60) days of the Executive’s termination of employment discretion, and such release becoming effective and (iib) compliance by Executive with his Executive’s obligations under this Agreement, including, without limitation, the restrictions on activities of Executive set forth in Section 7 6 and under any stockholders or other agreement to which the Company (or any of its Affiliates) and Executive are a party.