Common use of Employee Release Prior to Receipt of Benefits Clause in Contracts

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a Termination Event, Executive shall, as of the date of a Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. Such employee release shall specifically relate to all of Executive’s rights and claims in existence at the time of such execution relating to Executive’s employment with the Company, but shall not include (i) Executive’s rights under this Agreement; (ii) Executive’s rights under any employee benefit plan sponsored by the Company; or (iii) Executive’s rights to indemnification under the Company’s bylaws or other governing instruments or under any agreement addressing such subject matter between Executive and the Company. It is understood that Executive has twenty-one (21) days to consider whether to execute such employee release and Executive may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive does not execute such employee release within the twenty-one (21) day period, or if Executive revokes such employee release within the seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a Termination Eventhereunder, Executive Employee shall, as of the date of a Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. A. Such employee release shall specifically relate to all of ExecutiveEmployee’s rights and claims in existence at the time of such execution relating to ExecutiveEmployee’s employment with the Company, but shall not include (i) ExecutiveEmployee’s rights under this Agreement; (ii) ExecutiveEmployee’s rights under any employee benefit plan sponsored by the Company; or (iii) ExecutiveEmployee’s rights to indemnification under the Company’s charter, bylaws or other governing instruments or under any agreement addressing such subject matter between Executive Employee and the Company. It is understood that Executive Employee has twenty-one (21) days to consider whether to execute such employee release and Executive Employee may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive Employee does not execute such employee release within the twenty-one (21) day period, or if Executive Employee revokes such employee release within the seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a Termination Event, Executive shall, as of the date of a Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. Such employee release shall specifically relate to all of Executive’s 's rights and claims in existence at the time of such execution relating to Executive’s 's employment with the Company, but shall not include (i) Executive’s 's rights under this Agreement; (ii) Executive’s 's rights under any employee benefit plan sponsored by the Company; or (iii) Executive’s 's rights to indemnification under the Company’s 's bylaws or other governing instruments or under any agreement addressing such subject matter between Executive and the Company. It is understood that Executive has twenty-one (21) days to consider whether to execute such employee release and Executive may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive does not execute such employee release within the twenty-one (21) day period, or if Executive revokes such employee release within the seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a Termination Event, Executive shall, as of the date of a Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company’s then current standard form of employee release, wherein Executive shall release the Company of any and all claims, known and unknown, she or he may have, including without limitation, all statutory, administrative and tort claims. Such employee release shall specifically relate to all of Executive’s rights and claims in existence at the time of such execution relating to Executive’s employment with the Company, but shall not include (i) Executive’s rights under this Agreement; (ii) Executive’s rights under any employee benefit plan sponsored by the Company; or (iii) Executive’s rights to indemnification under the Company’s bylaws or other governing instruments or under any agreement addressing such subject matter between Executive and the Company. It If Executive is understood that over forty (40) years of age on the Termination Date, Executive has shall have twenty-one (21) days to consider whether to execute such employee release and Executive may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive does not execute such employee release within the twenty-one (21) day period, or if Executive revokes such employee release within the seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a the Termination Event, Executive shall, as of the date of a the Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. A. Such employee release shall specifically relate to all of Executive’s rights and claims in existence at the time of such execution relating to Executive’s employment with the Company, but shall not include (i) Executive’s rights under this Agreement; , (ii) Executive’s rights under any employee benefit plan sponsored by the Company; Company or (iii) Executive’s rights to indemnification or advancement of expenses under applicable law, the Company’s bylaws or other governing instruments or under any agreement addressing such subject matter between Executive and the Company. It is understood that Executive has twenty-one (21) 21 days to consider whether to execute such employee release and Executive may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive does not execute such employee release within the twenty21-one (21) day period, or if Executive revokes such employee release within the seven (7) business seven-day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a an Involuntary Termination EventWithout Cause during the Change in Control Period, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a an Involuntary Termination EventWithout Cause, Executive Employee shall, as of the date Date of a Termination EventTermination, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. Such employee release shall specifically relate to all of ExecutiveEmployee’s rights and claims in existence at the time of such execution relating to ExecutiveEmployee’s employment with the Company, but shall not include (i) ExecutiveEmployee’s rights under this Agreement; (ii) ExecutiveEmployee’s rights under any employee benefit plan (other than a severance benefit plan) sponsored by the Company; or (iii) ExecutiveEmployee’s rights to indemnification under the Company’s bylaws or other governing instruments or under any agreement addressing such subject matter between Executive Employee and the Company. It is understood that Executive Employee has twentyforty-one five (2145) days to consider whether to execute such employee release and Executive Employee may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive Employee does not execute such employee release within the twentyforty-one five (2145) day period, or if Executive Employee revokes such employee release within the seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.

Employee Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits under this Agreement on account of the occurrence of a the Termination Event, Executive shall, as of the date of a the Termination Event, execute an employee release substantially in the form attached hereto as Exhibit A as shall be determined by the Company. A. Such employee release shall specifically relate to all of Executive’s rights and claims in existence at the time of such execution relating to Executive’s employment with the Company, but shall not include (i) Executive’s rights under this Agreement; , (ii) Executive’s rights under any employee benefit plan sponsored by the Company; or , (iii) Executive’s rights to indemnification or advancement of expenses under applicable law, the Company’s bylaws or other governing instruments or under any agreement addressing such subject matter between Executive and the CompanyCompany or (iv) any claims that cannot be released as a matter of law. It is understood that Executive has twenty-one 21 days (21or such longer period as may be required by applicable law) days to consider whether to execute such employee release and Executive may revoke such employee release within seven (7) business days after execution of such employee release. In the event Executive does not execute such employee release within the twenty21-one day period (21) day periodor such longer period as may be required by applicable law), or if Executive revokes such employee release within the seven (7) business seven-day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Nothing in this Agreement shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.