Common use of Severance and Release Agreement Clause in Contracts

Severance and Release Agreement. The Employee's right to the severance payments under this Agreement shall be conditioned upon the Employee's execution and delivery of a release agreement in a form satisfactory to the Company, which is not revoked by the Employee.

Appears in 5 contracts

Samples: Change of Control Agreement (Mti Technology Corp), Change of Control Agreement (Mti Technology Corp), Change of Control Agreement (Mti Technology Corp)

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Severance and Release Agreement. The Employee's ’s right to the severance payments under this Agreement shall be conditioned upon the Employee's ’s execution and delivery of a release agreement in a form satisfactory to the Company, which is not revoked by the Employee.attached hereto as Exhibit A.

Appears in 3 contracts

Samples: Severance Agreement (Smart Balance, Inc.), Change of Control Agreement (Smart Balance, Inc.), Change of Control Agreement (Smart Balance, Inc.)

Severance and Release Agreement. The Employee's right to the severance payments under this Agreement shall be conditioned upon the Employee's execution and delivery of a release agreement in a form satisfactory to the Company, which is not revoked by the Employee.. MTI

Appears in 1 contract

Samples: Change of Control Agreement (Mti Technology Corp)

Severance and Release Agreement. The Employee's ’s right to the severance payments under this Agreement shall be conditioned upon the Employee's ’s execution and delivery of a release agreement in a form satisfactory to the Company, which is not revoked by the Employee.

Appears in 1 contract

Samples: Change of Control Agreement (Mti Technology Corp)

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Severance and Release Agreement. The Employee's ’s right to the severance payments under this Agreement shall be conditioned upon the Employee's ’s execution and delivery of a release agreement in a form reasonably satisfactory to the Company, which is not revoked by the Employee.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

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