Common use of Effect of Failure to Execute Release or of Revocation of Release Clause in Contracts

Effect of Failure to Execute Release or of Revocation of Release. If the Executive (or the Executive’s personal representative) fails to deliver an executed copy of the Release to the Company within 50 days after the Termination Date or revokes the execution of the Release during any applicable revocation period, the Executive (or the Executive’s personal representative) will be deemed to have waived the right to receive all payments under either of Paragraph 4(a) or Paragraph 5(d), as the case may be, that were conditioned on the Release.

Appears in 10 contracts

Samples: Separation Agreement (Developers Diversified Realty Corp), Employment Agreement (Developers Diversified Realty Corp), Employment Agreement (Developers Diversified Realty Corp)

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Effect of Failure to Execute Release or of Revocation of Release. If the Executive (or the Executive’s personal representative) fails to deliver an executed copy of the Release to the Company Curbline within 50 60 days after the Termination Date or revokes the execution of the Release during any applicable revocation period, the Executive (or the Executive’s personal representative) will be deemed to have waived the right to receive all payments under either of Paragraph 4(a) Section 7.2, Section 7.3 or Paragraph 5(d)Section 7.4, as the case may be, that were conditioned on the Release.

Appears in 8 contracts

Samples: Employment Agreement (SITE Centers Corp.), Assigned Employment Agreement (SITE Centers Corp.), Assigned Employment Agreement (SITE Centers Corp.)

Effect of Failure to Execute Release or of Revocation of Release. If the Executive (or the Executive’s personal representative) fails to deliver an executed copy of the Release to the Company SITE Centers within 50 60 days after the Termination Date or revokes the execution of the Release during any applicable revocation period, the Executive (or the Executive’s personal representative) will be deemed to have waived the right to receive all payments under either of Paragraph 4(a) Section 7.2, Section 7.3 or Paragraph 5(d)Section 7.4, as the case may be, that were conditioned on the Release.

Appears in 7 contracts

Samples: Employment Agreement (SITE Centers Corp.), Employment Agreement (SITE Centers Corp.), Employment Agreement (SITE Centers Corp.)

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Effect of Failure to Execute Release or of Revocation of Release. If If, after the Company has timely presented a Release and covering message to Executive (or the Executive’s personal representative) as contemplated by Section 10.1, Executive fails to deliver an executed copy of the Release to the Company within 50 days after the Termination Date or revokes the execution of the Release during any applicable revocation period, the Executive (or the Executive’s personal representative) will be deemed to have waived the right to receive all salary continuation payments or any lump sum payment under either of Paragraph 4(a) or Paragraph 5(dSection 9.2(d), as the case may be, that were conditioned on the Release.

Appears in 1 contract

Samples: Employment Agreement (Global Power Equipment Group Inc/)

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