Execution and Delivery of Release Sample Clauses

Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Section 3(c) or 3(d) unless the Executive executes and delivers to the Company, within 60 days following the Executive’s Separation from Service, a general waiver and release of claims in a form substantially similar to the form attached hereto as Exhibit A and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or the Executive’s revocation of such release) shall result in the forfeiture of the payments and benefits under Sections 3(c) and 3(d).
AutoNDA by SimpleDocs
Execution and Delivery of Release. The Company Group shall not be required to make the payments and provide the benefits provided for under Section 4(c) or 4(d) unless, within sixty (60) days following the Executive’s Separation from Service, the Executive executes and delivers to the Company a general waiver and release of claims containing customary terms and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or the Executive’s revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits under Sections 4(c) and 4(d) (excluding any payments or benefits consisting of Other Accrued Compensation and Benefits).
Execution and Delivery of Release. In the event the Employee fails or refuses to execute and deliver to the Company, within sixty (60) days following termination of the Employee’s employment, a general waiver and release of claims in a form substantially similar to Exhibit C attached to this Agreement (the “Release”) or otherwise revokes the Release during such period, the Employee shall forfeit any unpaid Severance Benefits, and no further Severance Benefits will be paid to the Employee.
Execution and Delivery of Release. The Company shall not be required to make the payments and furnish the benefits provided for under Section 5(c) or Section 5(d) unless the Employee executes and delivers to the Company within ten (10) days following the Employee’s termination without Cause or Employee terminating for Good Reason, a general waiver and release of claims in a form reasonably satisfactory to the Company and the release has become effective and irrevocable in its entirety. The Employee’s failure or refusal to sign the release (or the revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits under Section 5(c).
Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Sections 3, 4 or 5 unless the Executive executes and delivers to the Company, within 60 days following the Executive’s Separation Date, a general waiver and release of claims in a form substantially similar to the form attached to the Employment Agreement and the release has become effective and irrevocable in its entirety.
Execution and Delivery of Release. The Company shall not be required to make the payments, other than the Accrued Obligations, and provide the benefits, other than the Other Compensation and Benefits, provided for under Section 4(b) or Section 4(c) (in the event of a Separation from Service as a result of Disability), unless the Executive executes and delivers to the Company, within sixty (60) days following the Executive’s Separation Date, a general waiver and release of claims in a form substantially similar to the form attached hereto as Exhibit A and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or his revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits (other than the Accrued Obligations and the Other Compensation and Benefits) under Section 4(b) or Section 4(c).
Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Section 3(c) unless Employee executes and delivers to the Company, within 60 days following Employee’s Separation from Service, a general waiver and release of claims substantially in the form of the Final Separation and Release Agreement of claims attached to the Strategic Advisor Agreement as Schedule B, and the release has become effective and irrevocable in its entirety. Employee’s failure or refusal to sign the release (or Employee’s revocation of such release) shall result in the forfeiture of the payments and benefits under Sections 3(c).
AutoNDA by SimpleDocs
Execution and Delivery of Release. The Company shall not be required to make the payments and provide the Severance Benefits provided for under Section 4(d), unless the Employee executes and delivers to the Company a separation agreement (including a general waiver and release of claims) in a form and with terms satisfactory to the Company, within forty-five (45) calendar days following the Employee’s receipt of such separation agreement, and the agreement has become effective and irrevocable in its entirety following the expiration of any revocation period provided for within the separation agreement. The Employee’s failure or refusal to sign the separation agreement (or her revocation of such separation agreement in accordance with the terms of the separation agreement) shall result in the Employee not being entitled to the payments and Severance Benefits under Section 4(d). The Company shall not be obligated to commence the payments of the Severance Benefits until the Employee has satisfied the conditions in this paragraph, but once the conditions are satisfied the Company shall commence payments within 10 business days, at which time all delayed payments will be paid or made up and monthly installment payments will be payable thereafter as if the delay had not occurred. The Company shall have the right to voluntarily elect, in its sole discretion, to provide some or all of the Severance Benefits before those conditions are satisfied, or in the absence of those conditions being satisfied, and if the Company does so those payments shall be credited against the Company’s payment obligations, if any, under Section 4(d).

Related to Execution and Delivery of Release

  • Execution and Delivery The Guaranteeing Subsidiary agrees that the Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Notes.

Time is Money Join Law Insider Premium to draft better contracts faster.