Termination of All Existing Agreements Sample Clauses

Termination of All Existing Agreements. Except as otherwise expressly provided herein, all rights and obligations of the Company and Employee under any employment agreement Employee may have had with the Company, and any other agreement, arrangement, obligation or understanding between the Company and Employee are hereby cancelled and terminated as of the Termination Date without liability of any party thereunder.
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Termination of All Existing Agreements. All rights and obligations of the Company and the Executive under any employment agreement, arrangement or understanding and any other agreement between the Company and the Executive are hereby canceled and terminated as of the Termination Date without liability of any party hereunder, except that this Agreement, the Stock Unit Agreement (as modified by Section 2(d) above) and the Partnership Option Agreements dated as of September 8, 1998 and May 4, 1998 between the Company and Executive (each as modified by Section 2(e) above) shall continue in full force and effect.
Termination of All Existing Agreements. Except as otherwise expressly provided herein and other than agreements relating to confidentiality, non-solicitation, non-disclosure and non-competition, all rights and obligations of the Company and Employee under any employment agreement Employee may have had with the Company, and any other agreement, arrangement, obligation or understanding between the Company and the Employee, including the August 14, 2007 letter from Xxxxxxx X. Xxxxxx to Employee, are hereby cancelled and terminated as of the Termination Date without liability of any party thereunder.
Termination of All Existing Agreements. Executive’s Change in Control Severance Agreement with the Company, as amended, is hereby terminated as of the Termination Date. 4.
Termination of All Existing Agreements. All rights and obligations of the Company and Executive under the Employment Agreement (other than Section 10 thereof), Executive’s Change in Control Severance Agreement with the Company, as amended, and any other employment, change in control or severance agreement, arrangement or understanding and any other agreement (including agreements, arrangements or understandings with respect to benefits and compensation) between the Company (or its subsidiaries) and Executive are hereby canceled and terminated as of the Resignation Date without liability of either party hereunder, except that this Agreement, any applicable Stock Option, Restricted Stock, Restricted Stock Unit and Performance Share Award documents or materials evidencing equity-based awards or grants outstanding as of the Resignation Date, Executive’s Indemnification Agreement with the Company (without prejudice to any other rights to which Executive is entitled under Section 10 of the Employment Agreement), and the Plans referenced herein and on Schedule 4(d)(i) (collectively, the “Surviving Agreements”) shall continue in full force and effect, except as otherwise specifically modified by this Agreement. 6.
Termination of All Existing Agreements. The PainCare Parties and the PhysIOM Parties acknowledge and agree that upon Closing, every contract, agreement and understanding between the PainCare Parties on the one hand, and the PhysIOM Parties, on the other hand, other than (a) this Settlement Agreement, (b) the Settlement Documents, and (c) those agreements that are otherwise terminated as of the Rescission Date as more specifically set forth elsewhere in this Agreement will be hereby and thereby terminated without continuing obligation or liability on the part of any party thereto.

Related to Termination of All Existing Agreements

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of Other Agreements This Agreement sets forth the entire understanding of the parties hereto with respect to the Option and Option Shares, and supercedes all prior arrangements or understandings among the parties regarding such matters.

  • Amendment or Termination of Agreement This Agreement may be changed or terminated only upon the mutual written consent of the Company and Executive. The written consent of the Company to a change or termination of this Agreement must be signed by an executive officer of the Company after such change or termination has been approved by the Board.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Termination of Existing Credit Agreements The Company and each of the Banks that is also a "Bank" party to the Existing Credit Agreements agrees that the "Commitments" as defined in the Existing Credit Agreements shall be terminated in their entirety on the Effective Date. Each of such Banks waives (a) any requirement of notice of such termination pursuant to Section 2.09 of the Existing Credit Agreements and (b) any claim to any facility fees or other fees under the Existing Credit Agreements for any day on or after the Effective Date. Each of the Company and the Borrower (i) represents and warrants that (x) after giving effect to the preceding sentences of this Section 10.07, the commitments under the Existing Credit Agreements will be terminated effective not later than the Effective Date, (y) no loans are, as of the date hereof, or will be, as of the Effective Date, outstanding under the Existing Credit Agreements and (ii) covenants that all accrued and unpaid facility fees and any other amounts due and payable under the Existing Credit Agreements shall have been paid on or prior to the Effective Date.

  • Termination of Original Agreement Each Party agrees that the Original Agreement is hereby terminated as of the Effective Date and shall be of no further force or effect and, for the avoidance of doubt, no provisions of the Original Agreement survive such termination.

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