Separation and General Release Agreement definition

Separation and General Release Agreement means a legally binding document in which an Employee waives any and all claims against the Company related to his or her employment or separation from employment. Whether or not an Executive chooses to sign the Separation and General Release Agreement is completely at his or her discretion.
Sample 1Sample 2Sample 3
Separation and General Release Agreement means a written agreement in the form prescribed by the Company which provides for (i) a general release of claims by the Participant in favor of the Company, its current and former subsidiaries, affiliates, and shareholders, its current and former officers, directors, and employees, and other applicable Company parties, plans or entities, and (ii) the Participant’s obligations under the restrictive covenant provisions contained in Article V.
Sample 1Sample 2
Separation and General Release Agreement means a legally binding document, in a form as may be generally used by the Company from time to time, that includes, without limitation, (i) a general release of claims and non-disparagement covenant in favor of the Company and related persons and entities and (ii) reaffirmation of the Participant’s obligations 4 under the Participant’s nondisclosure, developments and noncompetition agreement with the Company. Whether or not a Participant chooses to sign the Separation and General Release Agreement shall be at his or her discretion.
Sample 1

Examples of Separation and General Release Agreement in a sentence

  • For a period of twelve months from the Executive’s separation from service, the Company will pay to the Executive the monthly gross amount, minus all applicable taxes and withholdings, of Executive’s COBRA premiums for continued health insurance; provided the Executive executes and does not subsequently revoke the Separation and General Release Agreement referenced below within such sixty (60) day period.

  • I have read this Separation and General Release Agreement and have had the opportunity to consult legal counsel prior to my signing of this Agreement.

  • No post-employment payments by Playa Management relating to termination of employment under the provisions of Section 6(c), (d), (e) or (g) above shall commence until Executive executes and delivers a Separation and General Release Agreement (the “Separation Agreement”) in the form of attached Exhibit A in all material respects and any applicable revocation period with respect to such release has expired.

  • No post-employment payments by the Company relating to termination of employment under the provisions of Section 6(c), (d), (e), or (g) above shall commence until Executive executes and delivers a Separation and General Release Agreement (the “Separation Agreement”) in form and substance satisfactory to the Company and releasing the Company from all claims, which must occur by no later than the thirtieth (30th) day following the termination of Executive’s employment.

  • No post-employment payments by Playa Resorts relating to termination of employment under the provisions of Section 6(c), (d), (e), or (g) above shall commence until Executive executes and delivers a Separation and General Release Agreement (the “Separation Agreement”) in the form of attached Exhibit A in all material respects and any applicable revocation period with respect to such release has expired.

  • The Commission is required to pay $3,016 per month until December 2015.

  • In exchange for the consideration described in Section 2 of the Separation and General Release Agreement (the “Separation Agreement”) by and between XXXXXX RESOURCES, INC., XXXXXX E&P, INC.

  • If an Executive dies after termination of employment and after executing the Separation and General Release Agreement, but before Severance Payments are completed, any remaining Severance Payments, will be made to the Executive’s estate in a lump-sum within 90 days after the Executive’s death.

  • This Employment Separation and General Release Agreement (this “Separation Agreement”), is entered into this day of , by and between Xxxxxxx X.

  • Xxxxxxxxx in connection with the termination of his employment with the Company shall be made in accordance with the Separation and General Release Agreement entered into with him on the date hereof and may not be accelerated.


More Definitions of Separation and General Release Agreement

Separation and General Release Agreement means a valid general release and waiver (substantially in the form which is attached hereto as Schedule B).
Sample 1
Separation and General Release Agreement means a legally binding document, in a form as may be generally used by the Company from time to time, that includes, without limitation, (i) a general release of claims and non-disparagement covenant in favor of the Company and related persons and entities and (ii) reaffirmation of the Participant’s obligations
Sample 1

Related to Separation and General Release Agreement

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

  • General Release has the meaning stated in Section 6.03.

  • 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.

  • Mutual Release means the General Mutual Release substantially in the form attached hereto as Exhibit B in all material respects.

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

  • 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.

  • 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).

  • 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.

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

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

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

  • 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.

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

  • Separation and Distribution Agreement has the meaning set forth in the Recitals.

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

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

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

  • Settlement Agreement means this agreement.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Employee Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, contract or understanding between the Company or any Affiliate and any Employee;

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

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Current Release means that version of the Product installed on the Equipment at the Commencement Date and any modifications to it or if a new Release is available, that new Release installed on the Equipment and any modifications to it;

  • 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.