Common use of Release; Continued Compliance Clause in Contracts

Release; Continued Compliance. As a condition to Executive’s receipt of any benefits described in this Section 11 (other than in Section 11(a)), Executive shall be required to (i) execute a Release (substantially in the form attached hereto as Exhibit A) within thirty (30) days following the Date of Termination and not revoke such Release within any period permitted under applicable law, and (ii) remain in material compliance with the obligations set forth in Section 16 (provided that if the Company finds that Executive is not in material compliance, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company).

Appears in 4 contracts

Samples: Executive Employment Agreement (ConversionPoint Holdings, Inc.), Executive Employment Agreement (ConversionPoint Holdings, Inc.), Executive Employment Agreement (ConversionPoint Holdings, Inc.)

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Release; Continued Compliance. As a condition to Executive’s receipt of any benefits described in this Section 11 9 (other than in Section 11(a)), Executive shall be required to (i) execute a Release (substantially in the form attached hereto as Exhibit A) within thirty (30) days following the Date of Termination and not revoke such Release within any period permitted under applicable law, and (ii) remain in material compliance with the obligations set forth in Section 16 13 (provided that if the Company finds that Executive is not in material compliance, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company).

Appears in 3 contracts

Samples: Employment Agreement (SONDORS Inc.), Employment Agreement (SONDORS Inc.), Employment Agreement (SONDORS Inc.)

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Release; Continued Compliance. As a condition to Executive’s receipt of any benefits described in this Section 11 8 (other than in Section 11(a8(a)), Executive shall be required to (i) execute a Release (substantially in the form attached hereto as Exhibit A) within thirty (30) days following the Date of Termination and not revoke such Release within any period permitted under applicable law, and (ii) remain in material compliance with the obligations set forth in Section 16 11 (provided that if the Company finds that Executive is not in material compliance, then Executive shall have thirty (30) days to remedy such noncompliance upon receiving written notice thereof from the Company).

Appears in 1 contract

Samples: Share Exchange Agreement (James Maritime Holdings Inc.)

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