Common use of Requirement to Remain in Employment Clause in Contracts

Requirement to Remain in Employment. General Release. As an additional condition to your entitlement to the benefits described in this Agreement; a. You must not have voluntarily terminated your employment from Patriot prior to the Closing Date and your employment with Patriot must not have been terminated by Patriot prior to the Closing Date for good cause (as defined below). b. If you become employed by the buyer, you must not have terminated your employment with the buyer for any reason except good reason and your employment with buyer must not have been terminated by buyer for good cause (as defined below). c. You must timely execute a general release in form reasonably acceptable to Patriot releasing all claims that you may have against Patriot in connection with your employment, except for the benefits payable under this Agreement.

Requirement to Remain in Employment. General Release. As an additional condition to your entitlement to the benefits described in this Agreement; a. You must not have voluntarily terminated your employment from Patriot prior to the Closing Date and your employment with Patriot must not have been terminated by Patriot prior to the Closing Date for good cause (as defined below). b. If you become employed by the buyer, you must not have terminated your employment with the buyer for any reason except good reason and your employment with buyer must not have been terminated by buyer for good cause (as defined below). c. You must timely execute a general release in form reasonably acceptable to Patriot releasing all claims that you may have against Patriot in connection with your employment, except for the benefits payable under this Agreement.