Common use of Effective Release Clause in Contracts

Effective Release. No payments (other than the Accrued Obligations) will be made to Executive (or his estate, as applicable) under this Section 5 will occur, unless the Executive (or his estate, as applicable) executes and does not revoke a mutually agreeable Release.

Appears in 2 contracts

Samples: Employment Agreement (Cryomass Technologies, Inc.), Employment Agreement (Andina Gold Corp.)

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Effective Release. No payments (other than the Accrued Obligations) will be made to Executive (or his estate, as applicable) under this Section 5 will occur, unless the Executive (or his estate, as applicable) executes and does not revoke a mutually agreeable Release.

Appears in 2 contracts

Samples: Employment Agreement (Armada Water Assets Inc), Employment Agreement (Armada Water Assets Inc)

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Effective Release. No payments (other than the Accrued Obligations) will be made to Executive (or his estate, as applicable) under this Section 5 will occur, unless the Executive (or his estate, as applicable)) executes and does not revoke a mutually agreeable Release.

Appears in 1 contract

Samples: Employment Agreement (Armada Water Assets Inc)

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