General Release Agreement definition

General Release Agreement means a legally binding document in which an Employee waives any and all claims against the Company (as defined in the General Release Agreement) related to his or her employment or separation from employment. Whether or not an Executive chooses to sign the General Release Agreement is completely at his or her discretion.

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General Release Agreement means a legally binding document, in a form acceptable to the Company, as amended from time to time, in which an Employee waives any and all claims against the Company (as defined in the General Release Agreement) related to his or her employment or separation from employment. Whether or not a Senior Executive chooses to sign the General Release Agreement is completely at his or her discretion.

General Release Agreement means an agreement to be executed by Employee as a precondition to receipt of the termination payments as set forth below that provides, among other things, for a comprehensive release of all claims Employee may have against the Company, its subsidiaries and affiliates, and its officers, directors, employees, and agents, an agreement not to solicit Company employees for a period of one year following the Termination Date, an agreement to maintain the confidentiality of the Company’s confidential and proprietary information and to assist the Company, its subsidiaries and affiliates in connection with any legal process that relates to any matter Employee has knowledge of.

Examples of General Release Agreement in a sentence

To receive the consideration described in Sections 2(b) of this Agreement, the Executive must sign a Separation of Employment and General Release Agreement, substantially in the form attached hereto as Annex A (the "Release"), deliver the signed Release to the Company’s General Counsel within thirty (30) days after the Termination Date (unless a longer period is required by law), and not revoke the Release within the seven-day revocation period provided for in the Release.
You are entitled to these Wages regardless of whether you sign this Separation Terms and General Release Agreement (the “Agreement”).
Upon the closing of the transactions contemplated by the Split-Off Agreement and the General Release Agreement, the Parent will have no liabilities, contingent or otherwise, in any way related to its pre-Effective Time business operations or to the Split-Off Subsidiary.
As of the Effective Time, the Parent will have discontinued all of its business operations which it conducted prior to the Effective Time by closing the transactions contemplated by the Split-Off Agreement and the General Release Agreement.
In the event that Executive’s employment is terminated and Executive receives a Severance Payment or other post-termination benefits, the payment of such benefits is expressly conditioned upon and shall not be made, provided or otherwise available unless and until, Executive has executed and delivered to the Company a Severance and General Release Agreement in substantially the form attached hereto as Exhibit A.
This General Release shall be effective and enforceable automatically on the date of actual receipt by the Chief Operating Officer of the Company of the Certificate of Non-Revocation of the General Release Agreement (the form of which is attached hereto as Attachment A) executed and dated by the Executive at least one (1) calendar day after expiration of the Revocation Period (the “Effective Date”).
I have executed this General Release Agreement as of the date first above written.
The Agreement is deemed revoked unless the Executive signs and delivers to the Chief Operating Officer of the Company within five (5) calendar days after the Revocation Period, the Certificate of Non-Revocation of the General Release Agreement.
Any payments contingent upon the General Release Agreement that would otherwise be made during the period for review and revocation of the General Release Agreement will be made, provided that the General Release Agreement is timely executed and returned to the Company and not revoked, on the first scheduled payment date after such period ends.
NOTICE: You should thoroughly review and understand the effect of this General Release Agreement (“Release”) before signing it, and you are advised to discuss this document with your attorney.

More Definitions of General Release Agreement

General Release Agreement means an agreement to be executed by Employee as a precondition to receipt of the termination payments as set forth below that provides, among other things, for a comprehensive release of all claims Employee may have against the Company, its subsidiaries and affiliates, and its officers, directors, employees, and agents, an agreement not to solicit Company employees for a period of one year following the Termination Date, and an agreement to maintain the confidentiality of the Company’s confidential and proprietary information.

General Release Agreement means an agreement, in the form and with the terms as shown in Exhibit A hereto, by which the Executive releases Intervoice and its Affiliates and all other released parties named therein from all claims he has or may have against them.

General Release Agreement means an agreement, in a form acceptable to Purchaser, in its sole discretion, between a Transferred Employee and Purchaser that provides for the payment of severance pay pursuant to this schedule in consideration of a general release and waiver of all claims against Purchaser and entities, individuals, fiduciaries and agents affiliated with Purchaser. Employees who accept this payment of severance pay will, among other things, waive all seniority, and recall rights.

General Release Agreement means a legally binding document supplied by the Plan Administrator or the Company in which an Eligible Employee waives any and all claims, excluding workers’ compensation claims, against the Company related to his or her employment or separation from employment. Whether or not an Eligible Employee chooses to sign the General Release Agreement is completely at his or her discretion.