Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon: (a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and (b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 5 contracts
Samples: Executive Agreement, Executive Agreement (PTC Inc.), Executive Agreement (Parametric Technology Corp)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (such applicable form depending on my age at the time of termination, the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his the Executive’s Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 4 contracts
Samples: Executive Agreement (PTC Inc.), Executive Agreement (PTC Inc.), Executive Agreement (PTC Inc.)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 2 or 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days on the date of the termination of a general release in substantially the form of Appendix Exhibit A hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 3 contracts
Samples: Executive Agreement (Parametric Technology Corp), Executive Agreement (Parametric Technology Corp), Executive Agreement (Parametric Technology Corp)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 2 or 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) 30 days of the date of termination of a general release in substantially the form of Appendix Exhibit A hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 3 contracts
Samples: Executive Agreement (Costa Inc), Executive Agreement (Costa Inc), Executive Agreement (Costa Inc)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 23, 3 4 or 4 5 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A B hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 2 contracts
Samples: Executive Agreement, Executive Agreement (Parametric Technology Corp)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
: (a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (such applicable form depending on my age at the time of termination, the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; andand 8
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his the Executive’s Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 2 contracts
Samples: Executive Agreement (PTC Inc.), Executive Agreement (PTC Inc.)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
: (a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A B hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
and (b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (such applicable form depending on my age at the time of termination, the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2Sections2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
: (a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (such applicable form depending on my age at the time of termination, the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
and (b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his the Executive’s Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) Section 5 hereof shall be contingent upon:
(a) execution by the Executive within prior to the forty-five fifth (4545th ) days of day following the termination of his employment of a general release in substantially the form of Appendix A hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 1 contract
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the CompanyPTC’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the CompanyPTC.
Appears in 1 contract
Conditions to Payment of Severance. Notwithstanding any other provision of this Agreement, the Executive’s entitlement to receive any of the payments and other benefits contemplated by Sections 2, 3 or 4 (with respect to Disability) hereof shall be contingent upon:
(a) execution by the Executive within forty-five (45) days of the termination of a general release in substantially the form of Appendix A B hereto (the “Release”), which has not subsequently been revoked, and the Executive hereby acknowledges and agrees that the Company’s entering into this Agreement and agreement to make such payments are and shall be good and sufficient consideration for such Release; and
(b) the Executive’s continued compliance with the material terms of this Agreement, as applicable, and those of his Non-Disclosure, Non-Competition and Invention Agreement with the Company.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)