Common use of Conditions to Receipt of Benefits Clause in Contracts

Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 6(d) above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release of the Company in a form prepared by the Company, which will include a general release of known and unknown claims, a return of Company Property, nondisparagement and a requirement to cooperate regarding any future litigation.

Appears in 5 contracts

Samples: Executive Employment Agreement (Trimeris Inc), Executive Employment Agreement (Trimeris Inc), Executive Employment Agreement (Trimeris Inc)

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Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 6(d) above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release of the Company in a form prepared by the Company, which will include a general release of known and unknown claims, a return of Company Property, nondisparagement and a requirement to cooperate regarding any future litigation, as set forth in Exhibit 1 attached hereto.

Appears in 1 contract

Samples: Executive Employment Agreement (Joe's Jeans Inc.)

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