Common use of EMPLOYEE REPRESENTATIONS AND WARRANTIES AND RELEASE Clause in Contracts

EMPLOYEE REPRESENTATIONS AND WARRANTIES AND RELEASE. As a condition to any non-forfeiture of the Units at or after Termination of Employment and to any settlement of the Units, the Company may require Employee (i) to make any representation or warranty to the Company as may be required under any applicable law or regulation, to make a representation and warranty that no Forfeiture Event has occurred or is contemplated, and that otherwise the requirements of Section 7 above have been met, and (ii) to execute a release of claims against the Company arising before the date of such release, in such form as may be specified by the Company.

Appears in 18 contracts

Samples: Restricted Stock Units Agreement (Gleacher & Company, Inc.), Restricted Stock Units Agreement (Broadpoint Gleacher Securities Group, Inc.), Restricted Stock Units Agreement (Broadpoint Gleacher Securities Group, Inc.)

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EMPLOYEE REPRESENTATIONS AND WARRANTIES AND RELEASE. As a condition to any non-forfeiture of the Units at or after Termination of Employment and to any settlement of the Units, the Company may require Employee (i) to make any representation or warranty to the Company as may be required under any applicable law or regulation, to make a representation and warranty that no Forfeiture Event has occurred or is contemplated, and that otherwise the requirements of Section 7.4(d) of the Plan and Section 7 above have been met, and (ii) to execute a release of claims against the Company arising before the date of such release, in such form as may be specified by the Company.

Appears in 8 contracts

Samples: Restricted Stock Units Agreement (Jefferies Group Inc /De/), Restricted Stock Units Agreement (Jefferies Group Inc /De/), Restricted Stock Units Agreement (Jefferies Group Inc /De/)

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