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Common use of Release and Agreement Clause in Contracts

Release and Agreement. Notwithstanding anything else contained herein to the contrary, the Company’s obligation to pay benefits hereunder to the Executive is subject to the condition precedent that the Executive execute a valid and effective Severance Agreement in the form attached hereto as Exhibit A (or such other form, which is substantially the same as the form attached hereto as Exhibit A, as the Committee may require) and such executed agreement is received by the Company and is not revoked by the Executive or otherwise rendered unenforceable by the Executive.

Appears in 6 contracts

Samples: Change in Control Severance Agreement (Parsons Corp), Change in Control Severance Agreement (Parsons Corp), Change in Control Severance Agreement (Parsons Corp)

Release and Agreement. Notwithstanding anything else contained herein to the contrary, the Company’s obligation to pay benefits hereunder to the Executive is subject to the condition precedent that the Executive execute a valid and effective Severance Agreement in the form attached hereto as Exhibit A (or such other form, which is substantially the same as the form attached hereto as Exhibit A, A. as the Committee may require) and such executed agreement is received by the Company and is not revoked by the Executive or otherwise rendered unenforceable by the Executive.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Parsons Corp), Change in Control Severance Agreement (Parsons Corp), Change in Control Severance Agreement (Parsons Corp)