Release and Severance Agreement definition

Release and Severance Agreement means that agreement signed by and between an Employee who is eligible to participate in the Plan and the Employee’s Participating Employer under which the Employee releases all known and potential claims against the Employee’s Participating Employer and all of such employer’s parents, subsidiaries, and affiliates and a Covenant Not to Sue. The Release and Severance Agreement also includes certain post-employment restrictive covenants including non-competition, non-solicitation, confidentiality, and, employee non-hire/non-solicitation.
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Examples of Release and Severance Agreement in a sentence

  • Notwithstanding the due date of any post-employment payments, any amounts due under this Paragraph 8 shall not be due until after the expiration of any revocation period applicable to the Release and Severance Agreement.

  • If you resign for Good Reason, you shall be entitled to receive all Severance Benefits, provided that you have executed and delivered a Release and Severance Agreement in the form of Exhibit A attached hereto (as may be modified by the Company due to subsequent changes in the law), and all applicable revocation periods relating to the release expire, within 55 days following the date of such termination of employment.

  • If you are terminated by the Company without Cause (as defined below), you shall be entitled to receive the Severance Benefits, provided that you have executed and delivered a Release and Severance Agreement in the form of Exhibit A attached hereto (as may be modified by the Company due to subsequent changes in law), and all applicable revocation periods relating to the release expire, within 55 days following the date of such Separation.

  • If you have limitations or disabilities related to your vision or hearing, you should notify your therapist to discuss appropriate accommodations or alternatives.

  • Notwithstanding the occurrence of a Severance Event during Employee's Transitional Period, Employee shall be entitled to the Transitional Compensation and Benefits only from and after the time Employee executes a Release and Severance Agreement substantially in the standard form then used by the Company.

  • An Employee who incurs a Qualifying Termination and signs a Release and Severance Agreement that has not been revoked during any revocation period under the Release and Severance Agreement is eligible to participate in the Plan.

  • This Release and Severance Agreement (this “Release”) is entered into by and between [____________] (“Employee”) and Turning Point Brands, Inc.

  • Those activities are to promote the development of a common Union view on the main issues related to waste management from discharge of fuel to disposal.

  • Whitaker (73) 10.58± General Release and Severance Agreement, dated as of September 11, 2019, by and between Staffing 360 Solutions, Inc.

  • If you resign for Good Reason, you shall be entitled to receive all Severance Benefits, provided that you have executed and delivered a Release and Severance Agreement substantially in the form of Exhibit A attached hereto (the “Release”), and all applicable revocation periods relating to the Release expire, within 55 days following the date of such termination of employment.

Related to Release and Severance Agreement

  • Severance Agreement means the Amended and Restated Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Employment Agreement means any employment, severance, retention, termination, indemnification, change in control or similar agreement between the Company or any of its Subsidiaries, on the one hand, and any current or former employee of the Company or any of its Subsidiaries, on the other hand.

  • General Release has the meaning stated in Section 6.03.

  • Consulting Agreement means any written or oral agreement to retain the services, for a fee, of a consultant for the purposes of (A) providing counsel to a contractor, vendor, consultant or other entity seeking to conduct, or conducting, business with the State, (B) contracting, whether in writing or orally, any executive, judicial, or administrative office of the State, including any department, institution, bureau, board, commission, authority, official or employee for the purpose of solicitation, dispute resolution, introduction or requests for information or (C) any other similar activity related to such contracts.

  • Conditional release means a revocable modification of a

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Noncompetition Agreement shall have the meaning set forth in Section 5.9 of this Agreement.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Indemnification Agreement shall have the meaning set forth in Article XVII.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Letter Agreement means that certain letter agreement between the initial Holder hereof and the Company, dated as of August 21, 2023, pursuant to which such initial Holder agreed to exercise one or more warrants to purchase shares of Common Stock and the Company agreed to issue to the initial Holder this Warrant.

  • Employment Agreements has the meaning set forth in Section 7.05.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Consulting Agreements has the meaning set forth in the Recitals.

  • Expense Agreement means the Agreement as to Expenses and Liabilities between the Depositor and the Trust, substantially in the form attached as Exhibit D, as amended from time to time.

  • Payment Agreement means a written agreement which provides

  • Settlement Agreement means this agreement.

  • Accommodation Agreement means the agreement between the Student, the School, the Parents, which governs the Student’s accommodation arrangements. Act means the Education Act 1989. Agreement means this Agreement including any schedules. Application Form means the standard enrolment form which forms the cover page of this Agreement. Code means the Education (Pastoral Care of International Students) Code of Practice 2016.