Common use of Release of Company Clause in Contracts

Release of Company. Receipt of severance benefits pursuant to this Section 10 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 and 15 of this Agreement and Employee’s rights under this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall be a condition precedent to the Company’s obligation to pay severance benefits hereunder.

Appears in 6 contracts

Samples: Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp)

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Release of Company. Receipt of severance and health benefits pursuant to this Section 10 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 and 15 of this Agreement and Employee’s rights under this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall be a condition precedent to the Company’s obligation to pay severance benefits hereunder.

Appears in 6 contracts

Samples: Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp)

Release of Company. Receipt of severance benefits pursuant to this Section 10 9 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 9 and 15 16 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a mutual general release of claims by Employee in a form setting for the terms of this Section 9.D. and otherwise reasonably acceptable to the Company and Employee shall be a condition precedent to the Company’s 's obligation to pay severance benefits hereunder.

Appears in 3 contracts

Samples: Quadramed Corp, Quadramed Corp, Quadramed Corp

Release of Company. Receipt of severance benefits pursuant to this Section 10 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 and 15 16 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall be a condition precedent to the Company’s 's obligation to pay severance benefits hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp), Employment Agreement (Quadramed Corp)

Release of Company. Receipt of severance and welfare benefits pursuant to this Section 10 11 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance and welfare benefits due and payable under Sections 10 and 15 of this Agreement and Employee’s rights under this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall be a condition precedent to the Company’s obligation to pay severance and welfare benefits hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Quadramed Corp), Amendment of Employment Agreement (Quadramed Corp)

Release of Company. Receipt of severance benefits pursuant to this ------------------ Section 10 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 and 15 16 of this Agreement and Employee’s 's rights under this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall be a condition precedent to the Company’s 's obligation to pay severance benefits hereunder.

Appears in 1 contract

Samples: Employment Agreement (Quadramed Corp)

Release of Company. Receipt of severance benefits pursuant to this Section 10 9 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 9 and 15 16 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a mutual general release of claims by Employee in a form setting forth the terms of this Section 9.D. and otherwise reasonably acceptable to the Company and Employee shall be a condition precedent to the Company’s 's obligation to pay severance benefits hereunder.

Appears in 1 contract

Samples: Quadramed Corp

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Release of Company. Receipt of severance benefits pursuant to this Section 10 9 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 Section 9 and 15 16 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a mutual general release of claims by Employee in a form setting forth the terms of this Section 9.D. and otherwise reasonably acceptable to the Company and Employee shall be a condition precedent to the Company’s obligation 's obligations to pay severance benefits hereunder.

Appears in 1 contract

Samples: Quadramed Corp

Release of Company. Receipt of severance and welfare benefits pursuant to this Section 10 shall 11 will be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance and welfare benefits due and payable under Sections 10 and 15 of this Agreement and Employee’s rights under this Agreement. Employee acknowledges and agrees that execution of a general release of claims by Employee in a form reasonably acceptable to the Company shall will be a condition precedent to the Company’s obligation to pay severance and welfare benefits hereunder.

Appears in 1 contract

Samples: Employment Agreement (Quadramed Corp)

Release of Company. Receipt of severance benefits pursuant to this Section 10 9 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 9 and 15 17 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a mutual general release of claims by Employee in a form setting forth the terms of this Section 9.D. and otherwise reasonably acceptable to the Company and Employee shall be a condition precedent to the Company’s 's obligation to pay severance benefits hereunder.

Appears in 1 contract

Samples: Lifen Inc

Release of Company. Receipt of severance benefits pursuant to this Section 10 9 shall be in lieu of all other amounts payable by the Company to Employee and in settlement and complete release of all claims Employee may have against the Company or its directors, officers, or shareholders, other than those arising out of the severance benefits due and payable under Sections 10 9 and 15 16 of Part Two of this Agreement and Employee’s 's rights under Part Three of this Agreement. Employee acknowledges and agrees that execution of a mutual general release of claims by Employee in a form setting forth the terms of this Section 9.D. and otherwise reasonably acceptable to the Company and Employee shall be a condition precedent to the Company’s obligation 's obligations to pay severance benefits hereunder.

Appears in 1 contract

Samples: Quadramed Corp

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