Common use of Background and Purpose Clause in Contracts

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 4 contracts

Samples: Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp)

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Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 4 contracts

Samples: Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________, 20122008. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 3 contracts

Samples: Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 3 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________March 12, 20122015. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 2 contracts

Samples: Change in Control Agreement (Computer Task Group Inc), Employment Agreement (Computer Task Group Inc)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________May 2, 20122011. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________May 2, 20122011. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________February 27, 20122007. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 20122008. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending or has ended effective __________ under the conditions described in Section 3.1 3 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 2 contracts

Samples: Change in Control Agreement (Computer Task Group Inc), Change in Control Agreement (Computer Task Group Inc)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Severance Agreement (Radisys Corp), Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________February 27, 20122007. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Radisys Corp), Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 20122010. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 3 of the Amended and Restated Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________February 27, 20122007. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ [●] under the conditions circumstances described in Section 3.1 5(a) of the Executive Executive’s Change of in Control Employment Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012[●]. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, reemployment or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Change in Control Employment Agreement (Aci Worldwide, Inc.)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________October 15, 20122013. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________October 1, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________February 1, 20122013. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________February 17, 20122015. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________October 15, 20122013. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

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Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________February 17, 20122015. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________October 1, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 7 of the Executive Change of Control Employment Agreement ("Agreement") by and between Executive and the Company dated _____________July 21, 20122016. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________October 10, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ [•] under the conditions circumstances described in Section 3.1 5(a) of the Executive Executive’s Change of in Control Employment Agreement ("Agreement") by and between Executive and the Company dated _____________, 2012[•]. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, reemployment or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Change in Control Employment Agreement (Aci Worldwide, Inc.)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 20122008. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective __________ under the conditions described in Section 3.1 3 of the Amended and Restated Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________, 20122008. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________February 1, 20122013. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Amended and Restated Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________October 1, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 of the Executive Change of Control Agreement ("Agreement") by and between Executive and the Company dated _____________October 1, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Radisys Corp)

Background and Purpose. Executive was employed by the Company. Executive's employment is ending effective __________ under the conditions described in Section 3.1 7 of the Executive Change of Control Employment Agreement ("Agreement") by and between Executive and the Company dated __________[___, 20122020]. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemploymentreemployment (in each case except as set forth below).

Appears in 1 contract

Samples: Employment Agreement (Computer Task Group Inc)

Background and Purpose. Executive was employed by the Company. Executive's ’s employment is ending effective ____________ under the conditions described in Section 3.1 of the Executive Change of Control Severance Agreement ("Agreement") by and between Executive and the Company dated _____________February 26, 20122008. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's ’s employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's ’s employment, reemployment, or application for reemployment.

Appears in 1 contract

Samples: Executive Severance Agreement (Radisys Corp)

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