Examples of Termination and Mutual Release Agreement in a sentence
This Note is executed and delivered by the Company pursuant and subject to that certain Termination and Mutual Release Agreement between the Company and Wave Systems Corp.
At the Closing, Seller shall, and Buyer shall cause Boeing to, enter into a termination agreement in the form of Exhibit A attached hereto (the “Termination and Mutual Release Agreement”), pursuant to which the 787 Supply Agreement will be terminated simultaneously with the Closing, except as provided in the Termination and Mutual Release Agreement.
Pursuant to the terms of that certain Termination and Mutual Release Agreement dated April 27, 2007, Seller issued a credit note (the “Credit”) to Buyer.
As a result of, and as a pre-condition to, the Transactions, (i) the MSA Documents will be terminated by mutual agreement of Broadridge, PFSI and Xxxxxx pursuant to a Termination and Mutual Release Agreement dated the date hereof (the “Termination Agreement”), and (ii) Apex desires to Confidential Treatment is Requested by Broadridge Financial Solutions, Inc.
If you experience a Qualifying Termination (as defined below), then, subject to your execution and delivery of the Herman Miller Termination and Mutual Release Agreement and such agreement becoming effective and irrevocable within 60 days following your Qualifying Termination (the “Release Requirement”), any then-unvested portion of the Cash Retention Award will vest and be paid no later than 60 days following the Qualifying Termination.
No payments will be made unless the individual has signed and returned the Termination and Mutual Release Agreement and ADEA Waiver (if applicable) within the required time period and without revocation.
Assignor wishes to assign to the Assignee, and Assignee wishes to accept, the Partnership Interest on and subject to the terms more particularly describe herein and in that certain Termination and Mutual Release Agreement dated as of even date herewith (“Release”) by and among Assignor, Assignee and certain related parties.
The aggregate purchase price (the "Purchase Price") shall be the sum of (i) Eight Million Seven Hundred Fifty Thousand Dollars ($8,750,000) for the Purchased Assets (other than the Inventory), the Assumed Liabilities and the Termination and Mutual Release Agreement and (ii) the product of the total number of Nascobal units comprising the Inventory, as certified by an officer of Seller on the Closing Date, times $6.00 (such product, the "Inventory Purchase Price").
The Aggregate Consideration shall be allocated among (i) the Purchased Assets, (ii) the termination of the 787 Supply Agreement and release of Claims and 28 resolution of any and all rights and obligations owed to by each of Seller and Boeing to the other related to the 787 Supply Agreement pursuant to the Termination and Mutual Release Agreement, and (iii) the other rights granted by or agreements of Seller pursuant to the other Transaction Documents.
As a result of, and as a pre-condition to, the Transactions, (i) the MSA Documents will be terminated by mutual agreement of Broadridge, PFSI and Xxxxxx pursuant to a Termination and Mutual Release Agreement dated the date hereof (the “Termination Agreement”), and (ii) Apex desires to have Broadridge and its affiliates provide to Apex the services previously provided by Broadridge and its affiliates to PFSI under the MSA Documents, subject to the terms of this letter.