PGI and MatlinPatterson Release Sample Clauses

PGI and MatlinPatterson Release. The PGI Releasees and the MatlinPatterson Releasees hereby unconditionally and irrevocably release and forever discharge TIG, ZS Associates and Xxxxxx, their past and present entities, successors, subsidiaries, divisions, affiliated entities, shareholders, employees, officers, directors, owners, partners, heirs, assigns, agents, attorneys and other representatives (the “TIG Releasees”) from any and all claims which the PGI Releasees or MatlinPatterson Releasees now have, have had or may hereafter claim to have against the TIG Releasees whether arising from or related to the Lease, Sublease and Services Agreement or otherwise. Further, the PGI Releasees and MatlinPatterson Releasees hereby unconditionally and irrevocably release and forever discharge the TIG Releasees from any and all debts, duties, liabilities, obligations, claims, rights, demands, actions or causes of action, howsoever arising, and of any nature whatsoever, known or unknown, asserted or unasserted, liquidated or unliquidated, ripe or inchoate, at law or in equity including, without limitation, any claim for equity or equity-related compensation, incentive compensation, or any other compensation or remuneration whatsoever based on any alleged promises or undertakings by or agreements with the TIG Releasees from the beginning of time until as of the date of this Agreement. The PGI Releasees and the MatlinPatterson Releasees hereby represent that they have not filed, and agree that they will not file, any additional demands for arbitration, claims, complaints, charges or lawsuits against the TIG Releasees for claims, whether at law or equity, or for damages under the Lease, Sublease, and alleged Services Agreement or arising from or related to the Lease, Sublease, and alleged Services Agreement or otherwise. The PGI Releasees and the MatlinPatterson Releasees hereby further represent that they have not filed, and agree that they will not file, any additional demands for arbitration, claims, complaints, charges or lawsuits against the TIG Releasees for claims, debts, duties, liabilities, obligations, rights, demands, actions or causes of action, howsoever arising, and of any nature whatsoever, known or unknown, asserted or unasserted, liquidated or unliquidated, ripe or inchoate, at law or in equity including, without limitation, any claim for equity or equity-related compensation, incentive compensation, or any other compensation or remuneration whatsoever based on any alleged promises or un...
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Related to PGI and MatlinPatterson Release

  • Covenant Not to Solicit Employees The Executive agrees not to solicit the services of any officer or employee of the Employer for one year after the Executive’s employment termination.

  • Release of Employment Claims Executive agrees, as a condition to receipt of the termination payments and benefits provided for in this Section 4, that he/she will execute a release agreement, a form of which is attached hereto as Exhibit A, releasing any and all claims arising out of Executive’s employment.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Transition Planning 28 4.5. Control of Other Party's Business . . . . . . . . . 28

  • Agreement Not to Solicit Employees Executive agrees that during Executive’s employment with the Company hereunder and during the Non-Solicitation Period, Executive will not, either directly or indirectly, on Executive’s own behalf or in the service or on the behalf of others solicit, divert, or hire away, or attempt to solicit, divert, or hire away any person then employed by the Company, nor encourage anyone to leave the Company’s employ. The Non-Solicitation Period set forth in this Section 11.5 shall be tolled during any period in which the Executive is in breach of the restriction set forth herein.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • Consulting Agreements The Corporation has entered into consulting agreements with the following parties: Party Effective Date

  • Exclusive Severance Benefits The Severance Benefits payable under Section 6.4(a) or the Change of Control Benefits payable under Section 6.4(b), if they become applicable under the terms of this Agreement, will be in lieu of any other severance or similar benefits that would otherwise be payable under any other agreement, plan, program or policy of the Company.

  • Confidential Information Noncompetition and Cooperation The terms of the Employee Non-Competition, Non-Solicitation, Confidentiality and Assignment Agreement (the “Restrictive Covenant Agreement”), between the Company and the Employee, attached hereto as Exhibit A, shall continue to be in full force and effect and are incorporated by reference in this Agreement. The Employee hereby reaffirms the terms of the Restrictive Covenant Agreement as material terms of this Agreement.

  • Continuing Covenant Not to Compete or Interfere with Relationships Regardless of anything herein to the contrary, following a termination by the Bank or Executive pursuant to Section 10(e) or 10(f):

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