Common use of Failure to Sign General Release Clause in Contracts

Failure to Sign General Release. Failure to sign and deliver timely the General Release and Waiver shall be deemed to be an election to waive all rights, benefits and obligations hereunder within the meaning of Section 4.2(b), and shall operate to extinguish this offer; such failure shall not, however, extinguish, avoid or in any way limit Executive’s obligations under the Employment Agreement, including Section 8.5 thereof.

Appears in 11 contracts

Samples: Non Compete Agreement (Eagle Bancorp Inc), Non Compete Agreement (Eagle Bancorp Inc), Non Compete Agreement (Eagle Bancorp Inc)

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Failure to Sign General Release. Failure to sign and deliver timely the General Release and Waiver shall be deemed to be an election to waive all rights, benefits and obligations hereunder within the meaning of Section 4.2(b), and shall operate to extinguish this offer; such failure shall not, however, extinguish, avoid or in any way limit ExecutivePozez’s obligations under the Employment Chairman Agreement, including Section 8.5 thereof.

Appears in 1 contract

Samples: Non Compete Agreement (Eagle Bancorp Inc)

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