Common use of Severance Agreement and Release Clause in Contracts

Severance Agreement and Release. As a precondition to obtaining any severance benefits under this Agreement, Executive agrees to execute the attached form of Severance Agreement and Release of Claims within twenty-one (21) days of his Termination of Employment unless he agrees to a shorter period of time for consideration of the Severance Agreement and Release of Claims.

Appears in 2 contracts

Samples: Employment and Severance Agreement (Beverly Enterprises Inc), Employment and Severance Agreement (Beverly Enterprises Inc)

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Severance Agreement and Release. As a precondition to obtaining To obtain any severance benefits under this Agreement, Executive agrees to execute the attached form of Severance Agreement and Release of Claims within twenty-one (21) days of his Termination of Employment unless he agrees to a shorter period of time for consideration of the Severance Agreement and Release of Claims.

Appears in 2 contracts

Samples: Employment and Severance Agreement (Beverly Enterprises Inc), Employment Agreement (Beverly Enterprises Inc)

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