Common use of Payments Contingent on Release Clause in Contracts

Payments Contingent on Release. The Separation Payment payable under paragraph 5(b) shall be subject to, and contingent upon, Employee providing the Company with a signed mutual release agreement, satisfactory to Employee and the Company, releasing the Company and all affiliates of any and all claims, charges and causes of action the Employee may have arising out of or relating in any way to the Employee’s employment by the Company and its affiliated companies and the termination of such employment.

Payments Contingent on Release. The Separation Payment payable under paragraph 5(b) shall be subject to, and contingent upon, Employee providing the Company with a signed mutual release agreement, satisfactory to Employee and the Company, releasing the Company and all affiliates of any and all claims, charges and causes of action the Employee may have arising out of or relating in any way to the Employee’s employment by the Company and its affiliated companies and the termination of such employment.

Payments Contingent on Release. The Separation Payment payable under paragraph 5(b) shall be subject to, and contingent upon, Employee providing the Company with a signed mutual release agreement, in a form satisfactory to Employee and the Company, releasing the Company and all affiliates of any and all claims, charges and causes of action the Employee may have arising out of or relating in any way to the Employee’s employment by the Company and its affiliated companies and the termination of such employment.