Common use of General Release Requirement Clause in Contracts

General Release Requirement. Executive will not be eligible to receive any payments or benefits under Section 5(c) until (i) Executive executes a general release of all claims arising out of his employment with, and termination of employment from, Orion in the form proscribed by and acceptable to Orion (“General Release”); and (ii) the revocation period specified in such General Release expires without such Executive exercising his right of revocation as set forth in the General Release.

Appears in 9 contracts

Samples: And Severance Agreement (Orion Energy Systems, Inc.), And Severance Agreement (Orion Energy Systems, Inc.), And Severance Agreement (Orion Energy Systems, Inc.)

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