Resignation; Release. If an assistant wishes to resign after acceptance of an appointment, the assistant must provide a minimum of fourteen (14) calendar days’ notice prior to the effective date of resignation. In addition, a written release from the appointing unit is required if an assistant wishes to resign after acceptance of an appointment in order to accept another assistantship appointment.
Resignation; Release. In return for the Company’s agreement to enter into this Agreement: (a) the Company agrees to employ Employee as Senior Vice President Training, Operations Support & Employee Communications beginning on the Effective Date and ending on the Retirement Date and (b) subject to other promises as outlined herein, Employee (i) agrees to accept the terms of this Agreement, (ii) has delivered, together with the execution of this Agreement, a letter of retirement, attached hereto as Exhibit “A,” and (iii) agrees to execute on December 31, 2022, the Release and Waiver of Claims Agreement (“Release,” attached hereto as Exhibit “B”).
Resignation; Release. The Shareholder hereby agrees to (a) cause Raymxxx X'Xeureux to (i) resign from all of his positions with either of the Companies, whether as an officer (including, without limitation, as an assistant secretary of Health Valley Foods, Inc.), a director, an employee, a Trustee and/or Administrative Committee member of the Health Valley Foods, Inc. Retirement/Savings Plan, or otherwise, and (ii) execute a general release (the "RELEASE") in favor of the Companies, in form reasonably acceptable to the Buyer, with respect to any and all claims that he may have against either of the Companies, provided that he receives (X) all salary and other benefits due to him (for services rendered), from the date of the last paycheck received by him or deposited directly into his account through the Closing and (Y) all of the other amounts referred to in the Agreement, as amended hereby, and (b) the Shareholder shall indemnify and hold harmless the Buyer from and against any loss, claim, damage, cost or expense suffered by either of the Companies or the Buyer as a consequence of Raymxxx X'Xeureux's revocation or termination of the Release at any time prior to the date that is twenty-one (21) days following the Closing Date, including, but not limited to, any loss, claim, damage, cost or expense arising out of any claim, action or proceeding brought by or on behalf of Raymxxx X'Xeureux.
Resignation; Release. Each Seller shall execute and deliver a resignation/release resigning as a director and officer of the Company effective on the Closing Date, acknowledging that there are no obligations, liabilities or other amounts due from the Company to such Seller and releasing the Company from all such obligations or liabilities.
Resignation; Release. You will resign as an officer and director of Cott (and all direct and indirect affiliates, subsidiaries and associated companies) with effect as of the Termination Date. In this respect, you agree to execute and deliver the Resignation Notice attached hereto as Schedule "1" and such further documentation as may be required by Xxxx, in its sale discretion, in order to effect this resignation. You agree to sign the Release in the form attached as Schedule "2" to this letter. Notwithstanding anything in the Release to the contrary, any rights to indemnification that you have or had as a director, officer and/or employee of Cott (and all indirect and direct affiliates, subsidiaries and associated companies) in respect of any acts or commissions by you in such capacity will continue in accordance with the terms of such indemnification and, for greater certainty, nothing in the Release shall in any way detract or derogate from such indemnification rights.
Resignation; Release. In return for the Company’s agreement to enter into this Agreement and, provided that Employee is still employed by the Company at the end of the Initial Period, (a) the Company agrees to employ Employee as Corporate Finance Director beginning on the Transition Date and (b) subject to other promises as outlined herein, Employee (i) agrees to accept the terms of this Agreement, (ii) has delivered, together with the execution of this Agreement, a letter of retirement, attached hereto as Exhibit “A,” and (iii) agrees to execute on December 31, 2020, the Release and Waiver of Claims Agreement (“Release,” attached hereto as Exhibit “B”).
Resignation; Release. You will resign as an officer and director of Cott (and all direct and indirect affiliates, subsidiaries and associated companies) with effect as of the Termination Date. In this respect, you agree to execute and deliver the Resignation Notice attached hereto as Schedule "l" and such further documentation as may be required by Xxxx, in its' sale discretion, in order to effect this resignation. You agree to sign the Release in the form attached as Schedule "2" to this letter.
Resignation; Release. You will resign as an officer of Cott (and any direct and indirect affiliates, subsidiaries and associated companies) with effect as of the Termination Date. In this respect, you agree to execute and deliver the Resignation Notice attached hereto as Schedule “1” and such further documentation as may reasonably be required by Xxxx, in its sole discretion, in order to effect this resignation. You agree to sign, no earlier than your last day of active employment with Xxxx, the Release Agreement in the form attached as Schedule “2” (the “Release Agreement”) to this Separation Agreement and Release and further agree that, notwithstanding anything to the contrary in the Retention Agreements, your execution without revocation of the Release Agreement is a condition precedent to you receiving any severance payments hereunder that are in excess of payments required by statute.
