Common use of General Release and Waiver Clause in Contracts

General Release and Waiver. Upon or following Executive’s Date of Termination potentially entitling Executive to Salary Continuation and other benefits under Section 3 above, Executive will execute a binding general release and waiver of claims in a form to be provided by the Company (“General Release and Waiver”). The General Release and Waiver will be in a form substantially similar to the attached Appendix B. If the General Release and Waiver is not signed within the time it requires or is signed but subsequently revoked, Executive will not continue to receive any Salary Continuation otherwise payable, and shall reimburse any Salary Continuation previously paid.

Appears in 15 contracts

Samples: Executive Severance Agreement (Lands' End, Inc.), Executive Severance Agreement (Lands' End, Inc.), Executive Severance Agreement (Lands' End, Inc.)

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