Common use of Release of Claims as Condition Clause in Contracts

Release of Claims as Condition. The Company's obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's counsel.

Appears in 12 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.), Employment Agreement (Everest Re Group LTD)

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Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement Section 6 and in Section 4(d) above shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's ’s counsel.

Appears in 6 contracts

Samples: Employment Agreement (Sensus Healthcare, Inc.), Employment Agreement (Sensus Healthcare, Inc.), Employment Agreement (Sensus Healthcare, Inc.)

Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vestingvesting and Benefits Continuation) referred to in this Agreement shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's ’s counsel, in accordance with Section 13(d).

Appears in 4 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.), Employment Agreement (Everest Reinsurance Holdings Inc)

Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement Section 6 and in Sections 4(d) and 4€above shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's ’s counsel.

Appears in 2 contracts

Samples: Employment Agreement (Cardiff Lexington Corp), Employment Agreement (Cardiff Lexington Corp)

Release of Claims as Condition. The Company's obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's counsel.. EXECUTION VERSION

Appears in 2 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.)

Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement Section 6 and in Section 4(d)(i) and (ii) above shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's ’s counsel.

Appears in 1 contract

Samples: Employment Agreement (Talbots Inc)

Release of Claims as Condition. The Company's obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's and Executive's counsel.

Appears in 1 contract

Samples: Employment Agreement (United Insurance Holdings Corp.)

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Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement Section 6 shall be conditioned upon the Executive having delivered to the Company an executed full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, fiduciaries and their respective officers, employees, directors, agents and representatives representatives, satisfactory in form and content to the Company's ’s counsel.

Appears in 1 contract

Samples: Employment Agreement (SMF Energy Corp)

Release of Claims as Condition. The Company's obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement shall be conditioned upon the Executive or his estate having delivered to the Company an executed full and unconditional release of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's counsel.

Appears in 1 contract

Samples: Employment Agreement (Everest Re Group LTD)

Release of Claims as Condition. The Company's ’s obligation to pay the separation allowance and provide all other benefits and rights (including equity vesting) referred to in this Agreement Section 6 (other than Accrued Payments) and in Section 3(C) above shall be conditioned upon the Executive having delivered to the Company an executed separation agreement and full and unconditional release (that is not subject to revocation) of claims against the Company, its parent entities, affiliates, employee benefit plans and fiduciaries, officers, employees, directors, agents and representatives satisfactory in form and content to the Company's ’s counsel.

Appears in 1 contract

Samples: Employment Agreement (Talbots Inc)

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