Waiver of Non-Compete. Subject to the Executive’s continued compliance with this Agreement and the Release, the Parties acknowledge and agree that the non-competition restrictions in Section 9(b) of the Employment Agreement have been waived as of the Effective Time.
Appears in 3 contracts
Samples: Separation Agreement and General Release (Gener8 Maritime, Inc.), Separation Agreement and General Release (Gener8 Maritime, Inc.), Separation Agreement and General Release (Gener8 Maritime, Inc.)
Waiver of Non-Compete. Subject to the Executive’s continued compliance with this Agreement and the Initial Release and Reaffirmation Release, the Parties acknowledge and agree that the non-competition restrictions in Section 9(b) of the Employment Agreement have been will be waived as at the conclusion of the Effective TimeWorking Notice Period.
Appears in 1 contract
Samples: Separation Agreement and General Release (Gener8 Maritime, Inc.)
