Conditions to Severance Benefits. (a) No severance benefits shall be made under Sections 4(a) and (b) unless and until the Executive shall, in consideration of such benefits, execute a full waiver and release of all claims in a form provided by the Company.
Appears in 3 contracts
Samples: Executive Retention Agreement (Kinetic Concepts Inc /Tx/), Executive Retention Agreement (Kinetic Concepts Inc /Tx/), Executive Retention Agreement (Kinetic Concepts Inc /Tx/)
Conditions to Severance Benefits. (a) No severance benefits shall be made under Sections 4(a) and (b) unless and until the Executive shall, in consideration of such benefits, execute a full waiver and release of all claims in a form provided by the CompanyCompany which waiver and release shall be delivered to the Company within 45 days following termination of employment.
Appears in 3 contracts
Samples: Executive Retention Agreement (Kinetic Concepts Inc), Executive Retention Agreement (Kinetic Concepts Inc), Executive Retention Agreement (Kinetic Concepts Inc)
Conditions to Severance Benefits. (a) No severance benefits shall be made under Sections 4(a) and (b) unless and until the Executive Employee shall, in consideration of such benefits, execute a full waiver and release of all claims in a the form attached hereto or as otherwise provided by the Company.
Appears in 2 contracts
Samples: Key Employee Retention Agreement (Acelity L.P. Inc.), Key Employee Retention Agreement (KCI Animal Health, LLC)
Conditions to Severance Benefits. (a) No severance benefits shall be made under Sections 4(a) and (b) unless and until the Executive shall, in consideration of such benefits, execute a full waiver and release of all claims in a the form provided by attached hereto, which shall be delivered to the CompanyCompany within 45 days following the Executive’s termination.
Appears in 1 contract
Samples: Executive Retention Agreement (Kinetic Concepts Inc)