Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b) (other than the Accrued Obligations), the Executive shall be required to execute within twenty-one (21) days after the Executive’s termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “Release Agreement”), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of termination.
Appears in 9 contracts
Samples: Non Competition Agreement (Webster Financial Corp), Non Competition Agreement (Webster Financial Corp), Non Competition Agreement (Webster Financial Corp)
Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b1(a) (other than the Accrued Obligations), the Executive shall be required to execute within twenty-one (21) days after the Executive’s termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “Release Agreement”), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of the termination.
Appears in 6 contracts
Samples: Non Competition Agreement (Webster Financial Corp), Non Competition Agreement (Webster Financial Corp), Non Competition Agreement (Webster Financial Corp)
Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b) 1(a), (other than the Accrued Obligations), the Executive shall be required agrees to execute within twenty-one (21) days after the Executive’s termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “Release Agreement”), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of the termination.
Appears in 2 contracts
Samples: Non Competition Agreement (Webster Financial Corp), Non Competition Agreement (Webster Financial Corp)
Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b1(a) (other than the Accrued Obligations), ) the Executive shall be required agrees to execute within twenty-one (21) days after the Executive’s termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “Release Agreement”), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of the termination.
Appears in 1 contract
Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b) 1(a), (other than the Accrued Obligations), the Executive shall be required agrees to execute within twenty-one (21) days after the Executive’s 's termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “"Release Agreement”"), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of the termination.
Appears in 1 contract
Release Requirement. As a condition to the Executive becoming entitled to the severance benefits under Section 1(b1(a) (other than the Accrued Obligations), the Executive shall be required agrees to execute within twenty-one (21) days after the Executive’s date of termination of employment a general release and waiver in favor of the Company and its affiliates in exactly the form provided by the Company without alteration or addition (the “Release Agreement”), which Release Agreement shall be provided by the Company to the Executive no later than five (5) business days after the date of termination.employment
Appears in 1 contract
Samples: Form of Non Competition Agreement (Webster Financial Corp)