Common use of Separation Payment Contingent on Release Clause in Contracts

Separation Payment Contingent on Release. Any Separation Payment payable to Employee under subparagraph 4(c) shall be subject to, and contingent upon, Employee’s execution and delivery within 60 days of Employee’s Date of Termination and non-revocation of a General Release Agreement in favor of the Company in substantially the form and substance as the one attached hereto as Schedule A.

Appears in 3 contracts

Samples: Severance Agreement (Pioneer Natural Resources Co), Severance Agreement (Pioneer Natural Resources Co), Severance Agreement (Pioneer Natural Resources Co)

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Separation Payment Contingent on Release. Any Separation Payment and other benefits payable to Employee under subparagraph 4(c) or 4(d) shall be subject to, and contingent upon, Employee’s execution and delivery within 60 days of Employee’s Date of Termination and non-revocation of a General Release Agreement in favor of the Company in substantially the form and substance as the one attached hereto as Schedule A.

Appears in 2 contracts

Samples: Severance Agreement, Severance Agreement (Pioneer Natural Resources Co)

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Separation Payment Contingent on Release. Any Separation Payment payable to Employee under subparagraph 4(c) shall be subject to, and contingent upon, Employee’s execution and delivery within 60 days of Employee’s 's Date of Termination and non-revocation of a General Release Agreement in favor of the Company in substantially the form and substance as the one attached hereto as Schedule A.

Appears in 2 contracts

Samples: Severance Agreement (Pioneer Natural Resources Co), Severance Agreement (Pioneer Natural Resources Co)

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