Common use of Execution and Delivery of Release Clause in Contracts

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 furnish provide the benefits provided for under the second sentence in Section 5(c4(a) or Section 5(d4(c), 4(d) or 4(e), unless the Employee Executive executes and delivers to the Company Company, within ten (10) 60 days following the EmployeeExecutive’s termination without Cause or Employee terminating for Good ReasonSeparation from Service, a general waiver and release of claims in a form reasonably satisfactory substantially similar to the Company form attached hereto as Exhibit A and the release has become effective and irrevocable in its entirety. The EmployeeExecutive’s failure or refusal to sign the release (or the his revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits under the second sentence in Section 5(c4(a) and Sections 4(c), 4(d) and 4(e).

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) and Section 5(d).