Release Prior to Receipt of Benefits. Prior to the receipt of any benefits under this Agreement, Employee shall execute a release of claims agreement (the “Release”) in the form provided by the Company. Such Release shall specifically relate to all of Employee’s rights and claims in existence at the time of such execution and shall confirm Employee’s obligations under the Company’s standard form of proprietary information agreement.
Release Prior to Receipt of Benefits. Prior to the receipt of any benefits under this Agreement, Employee shall execute and allow to become effective, a release of claims agreement in a form acceptable to the Company (the “Release”) not later than fifty-two (52) days following Employee’s employment termination in the form provided by the Company. Such Release shall specifically relate to all of Employee’s rights and claims in existence at the time of such execution and shall confirm Employee’s obligations under the Company’s standard form of proprietary information agreement. In no event will severance benefits be provided to Employee until the Release becomes effective. In the event severance payments are delayed because of the effective date of the Release, the Company will pay Employee the severance payments, that Employee would otherwise have received under Section 2(a) on or prior to the effective date of the Release, on the first regular payroll pay day following the effective date of the release, with the balance of the payments being paid as originally scheduled.
Release Prior to Receipt of Benefits. Prior to the receipt of any benefits under Sections 4(a), 4(b) (in the event of a termination of Employee's employment by reason of Permanent Disability) or 4(c) of this Agreement, Employee (or, in the event of Employee's incapacity due to Permanent Disability, his or her legal representative) shall execute, and allow to become effective, a release of claims agreement in the form attached hereto as Exhibit A (the “Release”) not later than fifty-two (52) days following Employee’s employment termination. In no event will the Company have any obligation to pay any severance benefits under Sections 4(a), 4(b) (in the event of a termination of Employee's employment by reason of Permanent Disability) or 4(c) of this Agreement to Employee until the Release becomes effective. In the event the Release does not become effective within fifty-two (52) days following Employee's employment termination, the Company shall not have any obligation to pay to Employee any severance benefits under Sections 4(a), 4(b) (in the event of a termination of Employee's employment by reason of Permanent Disability) or 4(c).
Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and as a condition to the receipt of any benefits under this Agreement on account of the occurrence of the Termination Event, Executive shall, as of the date of the Termination Event, execute a release substantially in the form attached hereto as Exhibit A.
Release Prior to Receipt of Benefits. The Company’s obligation to make the payments and provide the benefits hereunder shall be conditioned upon (i) Employee’s execution and delivery to the Company of a release of all claims that Employee then may have, in standard form and content, within fifty (50) days following Employee’s Separation from Service and (ii) such release shall not have been revoked by Employee within any period permitted under applicable law.
Release Prior to Receipt of Benefits. Prior to the receipt of any benefits under Section 4 of this Agreement, Employee shall execute and allow to become effective, a release of claims agreement in the form attached hereto as Exhibit A (the “Release”) not later than fifty-two (52) days following Employee’s employment termination. In no event will severance benefits under Section 4 of this Agreement be provided to Employee until the Release becomes effective. In the event severance payments are delayed because of the effective date of the Release, the Company will pay Employee the severance payments, that Employee would otherwise have received under Section 4(a) on or prior to the effective date of the Release, on the first regular payroll pay day following the effective date of the release, with the balance of the payments being paid as originally scheduled.
Release Prior to Receipt of Benefits. As a condition of receiving the benefits under this Agreement, you shall execute, and allow to become effective, a release of claims agreement (the “Release”) not later than fifty (50) days following your Separation from Service in the form provided by the Company. Such Release shall specifically relate to all of your rights and claims in existence at the time of such execution and shall confirm your obligations under the Company’s standard Employee Invention Assignment and Confidentiality Agreement. Unless the Release is timely executed by you, delivered to the Company, and becomes effective within the required period (the date on which the Release becomes effective, the “Release Date”), you will not receive any of the benefits provided for under this Agreement. In no event will benefits be provided to you until the Release becomes effective. Any lump sum payment owed to you shall be paid within ten (10) business days following the Release Date, but in no event later than March 15 of the year following the year in which the applicable event occurs.
Release Prior to Receipt of Benefits. Upon the occurrence of a Covered Termination, and prior to the receipt of any benefits under this Agreement on account of the occurrence of such Covered Termination, Executive shall execute a release (the "Release") in the form incorporated herein and attached hereto as Attachment I. Such Release shall specifically relate to all of Executive's rights and claims in existence at the time of such execution and shall confirm Executive's obligations under the Company's standard form of proprietary information agreement. It is understood that Executive has twenty-one (21) days to consider whether to execute such Release, and Executive may revoke such Release within seven (7) business days after execution. In the event Executive does not execute such Release within the twenty-one (2l)-day period, or if Executive revokes such Release within the subsequent seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Notwithstanding the foregoing, in addition to or in lieu of the release contained in Attachment I, Executive may be required to execute and deliver an effective release in such other form as the Company may, in its sole discretion, determine to be necessary or appropriate in order to comply with the requirements of the laws of any jurisdiction applicable to Executive in order to make a general release of claims effective and enforceable.
Release Prior to Receipt of Benefits. Upon the occurrence of a Covered Termination, and prior to the receipt of any benefits under this Agreement on account of the occurrence of such Covered Termination, Employee shall execute a release (the "Release") in the form incorporated herein and attached hereto as Attachment I. Such Release shall specifically relate to all of Employee's rights and claims in existence at the time of such execution and shall confirm Employee's obligations under the Company's standard form of proprietary information agreement. It is understood that Employee has twenty-one (21) days to consider whether to execute such Release, and Employee may revoke such Release within seven (7) business days after execution. In the event Employee does not execute such Release within the twenty-one (2l)-day period, or if Employee revokes such Release within the subsequent seven (7) business day period, no benefits shall be payable under this Agreement and this Agreement shall be null and void. Notwithstanding the foregoing, in addition to or in lieu of the release contained in Attachment I, Employee may be required to execute and deliver an effective release in such other form as the Company may, in its sole discretion, determine to be necessary or appropriate in order to comply with the requirements of the laws of any jurisdiction applicable to Employee in order to make a general release of claims effective and enforceable.
Release Prior to Receipt of Benefits. Upon the occurrence of a Termination Event, and prior to the receipt of any benefits arising from this letter agreement on account of the occurrence of the Termination Event, you shall execute and not revoke an employee release substantially in the form attached hereto and such employee release must be irrevocably effective within twenty-nine (29) days following the occurrence of the Termination Event (the “Release Deadline”). Such employee release shall specifically relate to all of your rights and claims in existence at the time of such execution relating to your employment with Company, but shall not include (i) your rights under this letter agreement, (ii) your rights under any employee benefit plan sponsored by Company, (iii) your rights to indemnification or advancement of expenses under applicable law, Company’s bylaws or other governing instruments or any agreement addressing such subject matter between you and Company, (iv) your rights under Section 9 of the Change of Control Agreement or (v) any claims that cannot be released as a matter of law. It is understood that you have 21 days to consider whether to execute such employee release and you may revoke such employee release within seven days after execution of such employee release. In the event you do not execute such employee release within the 21-day period or if you revoke such employee release within the seven-day period, or the employee release is not irrevocably effective by the Release Deadline, no benefits shall be payable under this Non-COC Section and the benefits November 17, 2010 Dxxxx X. Xxxxxxx Employment Offer Letter under this Non-COC Section shall be null and void. Nothing in this Non-COC Section shall limit the scope or time of applicability of such employee release once it is executed and not timely revoked.
