Supplemental Release Agreement. In consideration for the mutual promises and consideration provided both herein and in the Transition, Separation and General Release Agreement (the “Separation Agreement”) between Xxxx Xxxxxxxxx (“You”) and Sunrun Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”), the Parties hereby extend by this Supplemental Release Agreement (the “Agreement”) the release and waiver provisions in the Separation Agreement to any and all claims that may have arisen between the Effective Date of the Separation Agreement and the Effective Date of this Agreement, and to add such releases and waivers as provided herein, expressly including but not limited to a waiver of any federal age related claims under the ADEA.
Supplemental Release Agreement. The Executive agrees to execute and deliver, within twenty-one (21) days following the Termination Date, the Supplemental Release Agreement attached as Exhibit A (the “Supplemental Release Agreement”). The Supplemental Release Agreement shall contain a general release of claims co-extensive and substantially similar to the release set forth in Section 8 below, to cover the period from the date of the execution of this Separation Agreement through and including the date of execution of the Supplemental Release Agreement. Because of the right to revoke the Supplemental Release Agreement within the seven (7)-day revocation period, the Executive acknowledges that the Supplemental Release Agreement shall not become effective until the eighth (8th) day after the Executive executes and delivers the Supplemental Release Agreement (the “Supplemental Release Agreement Effective Date”), and the Executive will not be paid any amounts under the Separation Agreement before such Supplemental Release Effective Date.
Supplemental Release Agreement. In consideration for, and as a condition to receiving benefits under this Agreement, you agree to sign and return to the Company the Supplemental Release Agreement attached hereto as Exhibit B on or after the last day of the Transition Period.
Supplemental Release Agreement. Executive agrees to execute, within twenty-one (21) days after the termination of the consulting relationship, the Supplemental Release Agreement attached hereto as Exhibit 2 in exchange for the consideration set forth in such Supplemental Release Agreement, which agreement will serve to cover the time period from the Effective Date of this Agreement through the Supplemental Release Effective Date; provided, however, that the Parties agree to modify the Supplemental Release to comply with any new laws that become applicable prior to the end of the Consulting Period.
Supplemental Release Agreement. In exchange for the severance benefits as set forth in Section 1.b above, Employee agrees to execute, within the time period specified therein, a Supplemental Release Agreement in the form attached hereto as Exhibit A (the “Supplemental Release”), which will bridge the gap and cover the time period from the Effective Date of this Agreement through the Supplemental Effective Date (as defined in the Supplemental Release); provided, however, the Parties agree to modify the Supplemental Release to comply with any new laws that may become applicable. The Parties agree that changes to the Supplemental Release, whether material or immaterial, do not restart the running of any consideration period specified in the Supplemental Release. If (a) Employee resigns from employment with the Company prior to the Planned Separation Date (a “Premature Resignation”), (b) the Company terminates Employee’s employment with the Company for Cause prior to the Planned Separation Date (a “Good Cause Termination”), or (c) Employee fails to timely execute, or revokes, the Supplemental Release, then such event shall be deemed to constitute a failure to comply with the material terms and conditions of this Agreement, and in such event, notwithstanding anything to the contrary herein or in the Supplemental Release, Employee shall not be entitled to the consideration in Section 1.b above, except for Five Hundred Dollars ($500) thereof, less applicable withholdings (the “Partial Payment”), which shall be paid within ten (10) business days following the later of the effectiveness of this Agreement or the Separation Date, and Employee acknowledges and agrees that such $500 Partial Payment and the Transition Opportunity shall serve as full and complete consideration for the promises and obligations assumed by Employee under this Agreement. In the event of a Premature Resignation or a Good Cause Termination, and provided Employee timely executes and does not revoke the Supplemental Release, Employee shall, in addition to the Transition Opportunity and the Partial Payment, receive Two Thousand Five Hundred Dollars ($2,500), less applicable withholdings, which shall be paid within ten (10) business days following the Supplemental Effective Date (as defined in the Supplemental Release) (provided, however, if the period between the Separation Date and the Supplemental Release Deadline crosses calendar years, such payment will be made in the calendar year in which the Supplemental Release Deadline...
Supplemental Release Agreement. Company agrees to pay Executive TEN THOUSAND AND NO/100 DOLLARS ($10,000.00) within ten (10) business days of the date Executive executes the Supplemental Release Agreement attached as Appendix A to this Agreement (“Supplemental Release Payment”), which execution shall occur on or within ten (10) days following the end of the Employment Transition Periods. Executive understands that his receipt of the Supplemental Release Payment is contingent upon his timely execution of the Supplemental Release Agreement no later than the date noted above.
Supplemental Release Agreement. You, Xxxxxxx X. Xxxxxxx, entered into an Executive Transition Agreement with Trinity Industries, Inc. (“Company”) with an Effective Date of December 17, 2019 (“Transition Agreement”). This Supplemental Release Agreement (“Supplemental Release”) constitutes the Supplemental Release Agreement defined in section 2 of the Transition Agreement. The Transition Agreement is hereby incorporated into this Supplemental Release Agreement as set forth fully herein. In consideration of having received the items contemplated in Section 1 of the Transition Agreement, your fulfillment of the terms and conditions set forth in the Transition Agreement, including execution of this Supplemental Release Agreement, and payment of the Supplemental Release Payment in accordance with the procedure set out in the Transition Agreement, you hereby agree as follows:
Supplemental Release Agreement. In exchange for the Change in Control Payment, Vesting Acceleration or Supplemental Release Consideration, as applicable, Employee agrees to execute, within five (5) business days following the Consulting Period End Date or the Planned Consulting Period End Date, as applicable, the Supplemental Release attached hereto as Exhibit B, which agreement will serve to cover the time period from the Effective Date of this Agreement through the Supplemental Release Effective Date; provided, however, the Parties agree to modify the Supplemental Release to comply with any new laws that become applicable prior to the Consulting Period End Date. Employee understands and agrees that Employee will only be entitled to the consideration set forth in Section 1.c. or Section 1.d. if Employee executes the Supplemental Release within the time allotted in this Section 1.e. and does not revoke that agreement. If Employee fails to sign this Agreement or revokes his signature, the Company will not pay the Change in Control Payment or the Supplemental Release Consideration and Employee will not receive the Vesting Acceleration.
Supplemental Release Agreement. In consideration for the mutual promises and consideration provided both herein and in the Separation Agreement and Release executed on _______________, 201_ (the “Original Release”) between Xxxxx Haidamus (“Executive”) and Dolby Laboratories, Inc. (the “Company”) (collectively the “Parties”), the Parties hereby extend by this supplemental release to any and all claims that may have arisen during the Transition Period and Executive’s dated signature, below (the “Supplemental Release”). In the event that Executive engages in New Employment (as defined in the Original Release) without the Company’s Consent before December 31, 2013, he will not be eligible to receive the Consideration set forth in Paragraph 1 of this Supplemental Release and any consideration payments and benefits being provided to Executive pursuant to the Original Release that have not already been earned will immediately cease.
Supplemental Release Agreement. Executive agrees to deliver to Bank an executed Supplemental Release Agreement attached as Exhibit A within 21 days after the effective date of his resignation. Executive hereby acknowledges and agrees that all obligations of Corporation, MHC and Bank (including the obligation to make or provide payments and benefits pursuant to Section 2) that relate to its obligations after the resignation date are contingent upon Executive’s execution of (and not revoking) the Supplemental Release Agreement.
