Cancellation of Prior Agreement. The Company and the Employee hereby acknowledge and agree that this Agreement is intended to and does hereby replace that certain change-in-control severance agreement, dated as of December 18, 2008 between Company and the Employee, and that such agreement is cancelled, terminated and of no further force and effect.
Cancellation of Prior Agreement. The Executive hereby acknowledges and agrees that this Agreement is intended to and does hereby replace that certain employment agreement dated December 18, 2008, between the Company and the Executive, and that such agreement is cancelled, terminated and of no further force and effect.
Cancellation of Prior Agreement. Effective as of the business day immediately preceding the Closing Date, and prior to the Effective Time, except as expressly provided in Sections 2 and 4 below, the Prior Agreement shall be cancelled in its entirety and the parties thereto shall have no further rights or obligations thereunder. In the event that the Merger Agreement is terminated or otherwise cancelled, this Agreement will be null and void ab initio, and the Prior Agreement will remain in full force and effect in accordance with its terms.
Cancellation of Prior Agreement. Except for any sums due thereunder, this Agreement cancels and supersedes all prior Interconnection and Facility Agreements between the Parties.
Cancellation of Prior Agreement. (a) Notwithstanding anything to the contrary contained herein, the Lessee and the Sub-Lessee agree that any prior agreements relating to the subject matter contained in this Agreement, including any Sub-lease Agreement and Management Agreement, are deemed null and void and unenforceable, and the Sub-lessee shall have no further rights thereunder (if applicable).
Cancellation of Prior Agreement. Effective as of the Effective Date, the Change in Control Agreement by and between the Company and the Executive, dated as of February 22, 2018, and as may be amended through the Effective Date, shall terminate and be of no further force and effect, and Executive shall have no further rights thereunder.
Cancellation of Prior Agreement. As of the Effective Date, you agree that your prior Employment Agreement dated January 25, 2018, as amended by Amendment Number One to the Employment Agreement with Xxxxxxx X. Xxxxxxxxx dated April 30, 2020 (the “Prior Agreement”), is cancelled and terminated and of no further effect, pursuant to and subject to the terms of Exhibit A. You acknowledge and agree that, on and after the Effective Date, your employment with the Bank is “at will” and, subject to the terms of this Offer Letter, either your or the Bank may terminate your employment at any time, for any reason.
Cancellation of Prior Agreement. Effective as of the Effective Date, the Employment Agreement by and between the Company and the Executive, dated as of January 1, 2018, and as amended through the Effective Date, shall terminate and be of no further force and effect, and Executive shall have no further rights thereunder.
Cancellation of Prior Agreement. Upon the execution of this Agreement, the Prior Agreement shall be cancelled, null and void and of no further force and effect, and no party thereto shall have any further liability or obligation thereunder. IN WITNESS of this Agreement, the parties have executed and delivered this Agreement as of the date first written above. XXXXXX X. XXXXXXXX, in his personal capacity, and on behalf of WOB EQUITIES, INC., and also acting as the Power of Attorney for the BREEDING FAMILY ESTATE TRUST /s/ Xxxxxx X. Xxxxxxxx Xxxxxx X. Xxxxxxxx ENSURGE NM, LLC By: /s/ Xxxxxx Xxxxx Xxxxxx Xxxxx Chief Executive ENSURGE INC. By: /s/ Xxxxxx Xxxxx Xxxxxx Xxxxx Chief Executive APPENDIX A DESCRIPTION AND MAP OF THE PROPERTY The Property is described as follows: 0000 Xxx 000, Xxxxxxxxx, XX 00000. [Insert the map of the Property, with a designation of “Pile #1”] [The map should also identify the Storage Yard]
Cancellation of Prior Agreement. (s). This Agreement, upon its effective date, supersedes and cancels any and all other agreements between Transporter and Shipper relating to the transportation of gas by Transporter for Shipper.
