Common use of Release; Covenants Clause in Contracts

Release; Covenants. As a condition to his entitlement to receive termination payments, Executive shall (i) have executed and delivered to the Company a waiver and release satisfactory to the Company waiving and releasing all claims against the Company and its direct or indirect subsidiaries and their respective officers, agents, directors and Executives, and such waiver and release shall have become irrevocable, and (ii) comply with Sections 4 and 6.11.

Appears in 10 contracts

Samples: Employment Agreement (Mayors Jewelers Inc/De), Employment Agreement (Jan Bell Marketing Inc), Employment Agreement (Jan Bell Marketing Inc)

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Release; Covenants. As a condition to his entitlement to receive termination paymentsTermination Payments, the Executive shall (i) have executed and delivered to the Company a waiver and release satisfactory to the Company waiving and releasing all claims against the Company and its direct or indirect subsidiaries and their respective officers, agents, directors and Executivesemployees, and such waiver and release shall have become irrevocable, and (ii) comply with Sections 4 5 and 6.116.

Appears in 1 contract

Samples: Employment Agreement (Jan Bell Marketing Inc)

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