Surviving Agreements Sample Clauses
The Surviving Agreements clause defines which provisions of a contract will continue to remain in effect even after the main agreement has been terminated or expired. Typically, this clause specifies that certain obligations—such as confidentiality, indemnification, or dispute resolution—will survive the end of the contract, ensuring that parties remain bound by these terms regardless of the contract’s overall status. Its core function is to maintain the enforceability of critical obligations that are intended to outlast the contractual relationship, thereby protecting the interests of the parties beyond the contract’s duration.
Surviving Agreements. This Agreement provides for certain payments and benefits to the Executive to be determined by the employee benefit plans and programs, incentive plans, stock option, and other stock or equity compensation plans of the Company and its Affiliates. To the extent so provided, such programs and plans constitute part of the agreement and understanding between the Executive and the Company and are incorporated herein and made a part hereof. The Executive and the Company hereby reaffirm their respective commitments under such programs and plans, and again agree to be bound by each of the covenants contained therein for the benefit of the Company in consideration of the benefits made available to the Executive hereby.
Surviving Agreements. The Agreement to Protect Corporate Property previously executed by the Executive, any written stock option agreement into which the Executive entered with the Company, and any Compensation Protection Agreement into which the Executive entered with the Company are incorporated herein and made a part hereof. The Executive and the Company hereby reaffirm their respective commitments under the agreements to which reference is made in this Section 11, and again agree to be bound by each of the covenants contained therein for the benefit of the Company and Affiliates in consideration of the benefits made available to the Executive hereby.
Surviving Agreements. Gas Supply Fee Agreement by and between WPX Energy Marketing, LLC and ▇▇▇▇▇▇▇▇ Energy (Canada), Inc. dated November 18, 2009.
Surviving Agreements. Notwithstanding Section 6.1, the Stock Option Grant Notice and Stock Option Agreement described in Section 4.3 and the Indemnification Agreement dated January 19, 2011 between Executive and Company will remain in full force and effect in accordance with their terms (collectively, the “Surviving Agreements”). For clarity, Executive’s rights to indemnification, under the charter and bylaws of Company and the constituent documents of Company’s subsidiaries will remain in full force and effect in accordance with their terms. Executive’s rights and obligations under any directors’ and officers’ insurance policy maintained by Company are not effected by this Agreement and the Company agrees to maintain such policies after the Separation Date in Company’s discretion in accordance with Company’s needs; provided that Company will notify Executive if Company plans to terminate or not renew such insurance so that Executive may seek to purchase tail or other coverage.
Surviving Agreements. There are no leases, management, employment, service, equipment, supply, maintenance, water, sewer or other utility agreements, or agreements with municipalities with respect to or affecting the Property which are or will be binding upon Purchaser, or which will burden the Property or Purchaser after Closing in any manner whatsoever.
Surviving Agreements. Notwithstanding any contrary provision of this Agreement or any other agreement between the Company and Executive, the parties agree that the following obligations of the Company to Executive, or agreements between the Company and Executive, remain binding and enforceable according to their terms (the "Remaining Agreements"): (a) the Consulting Agreement between the Company and Executive, dated as of the Effective Date, and all obligations of the Company thereunder; (b) the deferred compensation arrangement between the Company and Executive, and all obligations of the Company thereunder; (c) all stock option agreements and other equity incentive compensation arrangements between the Company and Executive, and all obligations of the Company thereunder; and (d) any and all obligations of the Company, whether contractual (either written or oral), statutory or otherwise, to provide Executive indemnification. Furthermore, the Company represents and covenants that the Severance shall not adversely affect any of the economic or other rights of Executive under any Remaining Agreement, and that the Company shall take necessary steps to ensure that Executive remains a covered individual under the Company's directors and officers insurance policy.
Surviving Agreements. Notwithstanding anything to the contrary in this Support Agreement, the provisions of clause (a) above shall not apply to the Merger Agreement, the other documents contemplated therein and/or the agreements, if any, listed under the heading “Surviving Agreements” on Annex B, and each of the foregoing shall not terminate upon the Effective Time and shall remain in full force and effect in accordance with their terms. 7.
Surviving Agreements. There are no leases, service agreements, or other agreements affecting the Properties which will survive the Closing.
Surviving Agreements. Except as modified by the foregoing terms, the following agreements are in force and effect in accordance with their terms and survive the execution of this Agreement: -12- Mr. Robert R. Womack J▇▇▇▇▇▇ ▇▇, ▇▇▇▇ -3-
(a) Initial Option Agreement;
(b) Stock Option Agreement Under 1991 Plan dated December 5, 1995, between you and Zurn; and
Surviving Agreements. The following agreements shall remain in full force and effect following the date hereof, notwithstanding any other provisions of this Agreement:
(a) the Sublease dated as of March 20, 1995 between Sirco and Bueno;
(b) the License Agreement dated March 20, 1995 between Sirco and Bueno; and
(c) the Assumption Agreement dated March 20, 1995 between Sirco and Bueno.