Common use of STOCKHOLDERS' RELEASE Clause in Contracts

STOCKHOLDERS' RELEASE. The STOCKHOLDERS shall have delivered to VPI an instrument dated the Pre-Closing Date releasing the COMPANY and VPI from (i) any and all claims of the STOCKHOLDERS against the COMPANY and VPI and (ii) obligations of the COMPANY and VPI to the STOCKHOLDERS, except for (x) items specifically identified on Schedules 5.10, 5.11 and 5.16 as being claims of or obligations to the STOCKHOLDERS, (y) continuing obligations to the STOCKHOLDERS relating to their employment by the COMPANY and (z) obligations arising under this Agreement or the transactions contemplated hereby.

STOCKHOLDERS' RELEASE. The STOCKHOLDERS shall have delivered to VPI an instrument dated the Pre-Closing Date releasing the COMPANY COMPANIES and VPI from (i) any and all claims of the STOCKHOLDERS against the COMPANY COMPANIES and VPI and (ii) obligations of the COMPANY COMPANIES and VPI to the STOCKHOLDERS, except for (x) items specifically identified on Schedules 5.10, 5.11 and 5.16 as being claims of or obligations to the STOCKHOLDERS, (y) continuing obligations to the STOCKHOLDERS relating to their employment by the COMPANY COMPANIES and (z) obligations arising under this Agreement or the transactions contemplated hereby.

STOCKHOLDERS' RELEASE. The STOCKHOLDERS shall have delivered to VPI an instrument dated the Pre-Closing Date releasing the COMPANY COMPANIES and VPI from (i) any and all claims of the STOCKHOLDERS against the COMPANY and VPI and (ii) obligations of the COMPANY COMPANIES and VPI to the STOCKHOLDERS, except for (x) items specifically identified on Schedules 5.10, 5.11 and 5.16 as being claims of or obligations to the STOCKHOLDERS, (y) continuing obligations to the STOCKHOLDERS relating to their employment by the COMPANY COMPANIES and (z) obligations arising under this Agreement or the transactions contemplated hereby.

STOCKHOLDERS' RELEASE. The STOCKHOLDERS shall have delivered to VPI an instrument dated the Pre-Closing Date effective as of the Closing Date, releasing the COMPANY and VPI from (i) any and all claims of the STOCKHOLDERS against the COMPANY and VPI and (ii) obligations of the COMPANY and VPI to the STOCKHOLDERS, except for (x) items specifically identified on Schedules 5.10, 5.11 and 5.16 as being claims of or obligations to the STOCKHOLDERS, (y) continuing obligations to the STOCKHOLDERS relating to their employment by the COMPANY and (z) obligations arising under this Agreement or the transactions contemplated hereby.