Releases and Resignations. Notwithstanding the provisions of Sections 4.1, 4.2 and 4.3, it shall be a condition to the Company's obligations to pay any amount to the Executive in excess of any amounts required by law that the Executive provide to the Company and its subsidiaries, officers, directors, employees and agents a complete general release of all claims, known or unknown, that the Executive may have against any of them. Such release shall be in customary form, and shall specifically include employment-related claims. In addition, upon termination of employment, the Executive shall, upon demand, resign as an officer and director of the Company or any subsidiary of the Company, as applicable.
Releases and Resignations. Each of the Company’s directors and officers shall have delivered to the Company and LKQ a release and waiver of any claim that he or she may have against the Company and their resignations as officers and directors of the Company.
Releases and Resignations. The Vendors shall have delivered to the Purchaser releases and resignations or termination acknowledgements of the persons listed on Schedule 6.1(g).
Releases and Resignations. On or prior to the Closing Date, (a) Contributors shall (i) cause those officers and directors of the Company as set forth on Schedule 9.03(c)(i) to duly execute and deliver their respective resignations from the Company and (ii) cause the Company and each of the officers, directors and employees of the Company set forth on Schedule 9.03(c)(ii) to duly execute and deliver mutual releases of Liability in the form of Exhibit D-1 and Exhibit D-2, as applicable, (b) Warburg shall execute and deliver a mutual release of Liability, in the form of Exhibit E and (c) Laredo shall execute and deliver mutual releases of Liability in the form of Exhibit X-0, Xxxxxxx X-0 and Exhibit E.
Releases and Resignations. The Vendors shall have delivered to the Purchaser releases and resignations of each of Xxxxx Xxxxxxxxx and Xxxxxxxx Xxxxxxxxx as directors of the Corporation as of the Closing Date.
Releases and Resignations. The Companies and the Shareholders shall have delivered the releases and resignations referred to in Sections 6.15 and 6.16 hereof.
Releases and Resignations. Each of the officers (with a title of senior vice president or above as of the date hereof) and directors of the Company and the Bank shall deliver to Prosperity an instrument in the form of Exhibit C hereto dated as of the Closing Date releasing the Company and its Subsidiaries and Prosperity and its Subsidiaries from any and all claims of such directors and officers (except as described in such instrument). The directors of each of the Company and the Bank shall have delivered to Prosperity their respective resignations.
Releases and Resignations. State Bank shall have used its best efforts to have each of the directors and officers (with a title of Vice President or above as of the date hereof) of State Bank deliver to Bancshares an instrument in the form of Exhibit D dated as of the Closing Date releasing Bancshares and Prosperity from any and all claims of such directors and officers (except as described in such instrument). The directors of State Bank shall have delivered to Bancshares their respective resignations.
Releases and Resignations. Each person set forth in Schedule 10.4 shall deliver to Prosperity an instrument in the form of Exhibit D hereto dated as of the Closing Date releasing the Company and its Subsidiaries and Prosperity and its Subsidiaries from any and all claims of such directors and officers (except as described in such instrument). The directors of each of the Company and the Banks shall have delivered to Prosperity their respective resignations.
Releases and Resignations. The Purchaser shall have received releases and resignations of the officers, directors or comparable positions of EECOL Holdings, Jarich, EESA, EESA Holdings, the Corporation and the Subsidiaries as of the Closing Date.
