Conditions to Severance Benefits. (a) No severance benefits shall be provided under Section 4 above unless and until the Employee, in consideration of such benefits has executed, returned, and not revoked, during any revocation period required by applicable law, a Separation and Release Agreement in substantially the form attached hereto as Exhibit A (the "Release"), which Release the Company shall deliver to the Employee within five business days of the date of the Qualifying Termination.
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Samples: Key Employee Retention Agreement (Acelity L.P. Inc.), Key Employee Retention Agreement (Acelity L.P. Inc.), Key Employee Retention Agreement (Acelity L.P. Inc.)
Conditions to Severance Benefits. (a) No severance benefits shall be provided made under Section 4 above Sections 4(a) and (b) unless and until the EmployeeEmployee shall, in consideration of such benefits has executedbenefits, returned, execute a full waiver and not revoked, during any revocation period required release of all claims in a form provided by applicable law, a Separation and Release Agreement in substantially the form attached hereto as Exhibit A (the "Release"), which Release the Company which waiver and release shall deliver be delivered to the Employee Company within five business 45 days following termination of the date of the Qualifying Terminationemployment.
Appears in 1 contract
Samples: Key Employee Retention Agreement (KCI Animal Health, LLC)
Conditions to Severance Benefits. (a) No severance benefits shall be provided under Section 4 Sections 4(a) or (b) above unless and until the EmployeeExecutive, in consideration of such benefits has executed, returned, and not revoked, during any revocation period required by applicable law, a Separation and Release Agreement in substantially the form attached hereto as Exhibit A (the "Release"), which Release the Company shall deliver to the Employee Executive within five business days of the date of the Qualifying Termination.
Appears in 1 contract
Samples: Executive Retention Agreement (KCI Animal Health, LLC)