Common use of Release of Claims by Executive Clause in Contracts

Release of Claims by Executive. The Executive shall not be entitled to any payments or other benefits hereunder unless the Executive executes and, if applicable, does not revoke, a full and complete release and separation agreement in the form to be provided by the Company.

Appears in 7 contracts

Samples: Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.), Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.), Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.)

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Release of Claims by Executive. The Executive shall not be entitled to any payments or other benefits hereunder unless the Executive executes and, if applicable, does not revoke, a full and complete release of claims and a reasonable and customary separation agreement that includes nondisparagement and cooperation provisions. The parties further agree that the separation agreement shall not include any restrictive covenants that are in addition to those already contained in the form to be provided by Noncompetition Agreement between the CompanyCompany and Executive dated November 9, 2006.

Appears in 3 contracts

Samples: Executive Severance Agreement (Thermo Fisher Scientific Inc.), Executive Severance Agreement (Thermo Fisher Scientific Inc.), Executive Severance Agreement (Thermo Fisher Scientific Inc.)

Release of Claims by Executive. The Executive shall not be entitled to any payments or other benefits hereunder unless the Executive executes and, if applicable, does not revoke, a full and complete release of claims and a reasonable and customary separation agreement that includes nondisparagement and cooperation provisions. The parties further agree that the separation agreement shall not include any restrictive covenants that are in addition to those already contained in the form to be provided by Noncompetition Agreement between the CompanyCompany and the Executive dated November 21, 2009.

Appears in 2 contracts

Samples: Executive Change in Control Retention Agreement (Thermo Fisher Scientific Inc.), Executive Severance Agreement (Thermo Fisher Scientific Inc.)

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Release of Claims by Executive. The Executive shall not be entitled to any payments or other benefits hereunder unless the Executive executes and, if applicable, does not revoke, a full and complete release of claims and separation agreement agreement, in the form to be provided by the Company.

Appears in 1 contract

Samples: Executive Severance Agreement (Thermo Electron Corp)

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