Common use of Preconditions Clause in Contracts

Preconditions. The payment of any amounts due under this Section 7 and Section 8 below, if applicable, shall be subject to and conditioned upon prior receipt by the Corporation of a separation agreement containing a valid waiver and release by Executive, in a form provided by the Corporation, of any and all claims Executive may have against the Corporation, the Bank and their Affiliates, or their then current or former officers, directors, or employees. Further, Executive must reaffirm and comply with the restrictions contained in Sections 13-16 this Agreement which survive termination of employment.

Preconditions. The payment of any amounts due under this Section 7 and Section 8 below10, if applicable, shall be subject to and conditioned upon prior receipt by the Corporation of a separation agreement containing a valid waiver and release by Executive, in a form provided by the Corporation, of any and all claims Executive may have against the Corporation, the Bank and their Affiliates, or their then current or former officers, directors, or employees. Further, Executive must reaffirm and comply with abide by the restrictions contained in Sections 13-16 this Agreement which survive termination of employment.

Preconditions. The payment of any amounts due under this Section 7 and Section 8 below11, if applicable, shall be is subject to and conditioned upon prior receipt by the Corporation of Executive timely signing, delivering, and not revoking a separation agreement containing a valid Corporation-provided comprehensive and legally enforceable waiver and release by Executive, in a form provided by the Corporation, of any and all claims Executive has or may have against the Corporation, the Bank Bank, and their all Affiliates, or any of their then current or former officers, directors, or employees. Further, as part of the waiver and release, Executive must reaffirm and comply with abide by the restrictions contained in Sections 13-16 this Agreement which survive termination of employmenttermination, including those found in Sections 14-18.

Preconditions. The payment of any amounts due under this Section 7 and Section 8 below10, if applicable, shall be subject to and conditioned upon prior receipt by the Corporation or its Successor of a separation agreement containing a valid and enforceable waiver and release by Executive, in a form provided by the Corporation, of any and all claims Executive may have against the Corporation, the Bank and their AffiliatesAffiliates their successor, or assigns, or all of their then current or former officers, directors, or employees. Further, Executive must reaffirm and comply with abide by the restrictions contained in Sections 13-16 this Agreement which survive termination of employment.