Conditions of Benefits. The amounts payable to the Executive by the Company pursuant to Section 4 hereof shall be condition upon, and payable only if, the Executive: (a) executes a general release in a form and of a scope reasonably acceptable to the Company; (b) returns all property, equipment, confidential information and documentation of the Company; (c) has complied and continues to comply in all material respects with any noncompetition, inventions and/or nondisclosure obligations that the Executive may owe to the Company, whether pursuant to an agreement or applicable law; and (d) provides a signed, written resignation of Executive’s status as an officer and director (if applicable) of the Company and, if applicable, its subsidiaries.
Conditions of Benefits. Executive shall receive the benefits set forth in Section 5 and 6 hereof only if Executive (i) executes a separation agreement, which includes a general release, in a form and of a scope acceptable to Company in its discretion; (ii) presents satisfactory evidence to Company that he has returned all Company property, confidential information and documentation to Company; (iii) complies with, and does not violate, any provision of any confidentiality and/or non-solicitation agreements that Executive may have entered into with Company (a “Confidentiality Agreement”); (iv) provides the Operating Company and Company with a signed, written resignation of Executive’s status as an employee, officer and/or director of Company, as applicable; and (v) shall not be entitled to receive any compensation, benefits, or other payments from Company, except as set forth in this Agreement, as a result of or in connection with the termination of Executive’s employment at any time and for any reason. In the event Company reasonably believes that Executive has breached, or has threatened to breach, any provision of any Confidentiality Agreement, Company shall immediately terminate all benefits and Executive shall no longer be entitled to such benefits and payments under this Agreement and further shall be required to reimburse all payments previously made by Company pursuant to this Agreement. Such termination of benefits shall be in addition to any and all legal and equitable remedies available to Company, including injunctive relief.
Conditions of Benefits. The Company shall provide to the ---------------------- Executive the rights, payments and benefits set forth herein as consideration for (i) the Executive's execution, non-revocation and honoring of a release of claims and covenant not to xxx in favor of the Company in the form attached hereto as Exhibit B and (ii) the Executive's continued compliance with the provisions of Sections 7, 8 and 9 hereof.
Conditions of Benefits. The amounts payable to the Executive by the Subsidiary (and to the extent applicable, the Company) pursuant to Section 4 hereof shall be condition upon, and payable only if, the Executive: (a) executes a general release in a form and of a scope reasonably acceptable to the Subsidiary ; (b) returns all property, equipment, confidential information and documentation of the Subsidiary; (c) has complied and continues to comply in all material respects with any noncompetition, inventions and/or nondisclosure obligations that the Executive may owe to the Subsidiary (and, if applicable, the Company), whether pursuant to an agreement or applicable law; and (d) provides a signed, written resignation of Executive's status as an officer and director (if applicable) of the Subsidiary and, if applicable, its subsidiaries.
Conditions of Benefits. The amounts payable to the Executive by the Company pursuant to Section 4 or Section 5 hereof shall be conditioned upon, and payable only if, the Executive: (a) enters into and does not revoke the Separation Agreement and Release within the time period specified therein; (b) returns all property, equipment, confidential information and documentation of the Company; (c) has complied and continues to comply in all material respects with any noncompetition, inventions and/or nondisclosure obligations that the Executive may owe to the Company, whether pursuant to an agreement or applicable law; and (d) provides a signed, written resignation of Executive’s status as an officer and director (if applicable) of the Company and, if applicable, its subsidiaries. For the avoidance of doubt, failure to enter into and not revoke the Separation Agreement and Release within the time period specified therein shall result in a forfeiture of all severance benefits pursuant to Section 4 or Section 5 and any accelerated vesting of equity associated with the Qualifying Termination Event, if applicable.
Conditions of Benefits. CHD Meridian will provide to you the rights, payments and benefits set forth in this Agreement as consideration for (a) your execution, non-revocation and honoring of a release of claims and covenant not to sue in favor of CHD Meridian in the form attached hereto as Exhibit B; and (b) your continued compliance with the provisions of Sections 6 and 8 of this Agreement.
Conditions of Benefits. Crusader shall provide to the Executive and Satellite the rights, payments and benefits set forth in Sections 1 through 3 hereof as consideration for and contingent upon (i) the execution by Executive and Satellite, non-revocation and honoring of a release of claims and covenant not to xxx in favor of Crusader in the forms attached hereto as Exhibits A and A-1, (ii) the continued compliance by Executive and Satellite with the provisions of Sections 7, 8, 9, 10 and 11A hereof, (iii) the entering into an indemnification agreement in the form attached hereto as Exhibit B by Executive and Satellite, and (iv) the Executive executing a Shareholders Agreement, a copy of which is attached hereto as Exhibit C. In the event that Executive or Satellite breach any of the foregoing provisions, in addition to any other remedies available, Crusader may set off any damages incurred by Crusader resulting from such breach against the Company Shares held in escrow and may terminate its obligations under Sections 2 and 3 above.
Conditions of Benefits. The Company shall provide to the Executive the rights, payments and benefits set forth in Sections 1 through 5 hereof and shall
Conditions of Benefits. The Company shall provide to the Executive the rights, payments and benefits set forth in Sections 1 and 2 hereof as consideration for and contingent upon (i) the Executive's execution, non-revocation and honoring of a release of claims and covenant not to sue xx favor of the Company in the form attached hereto as Exhibit "A" and (ii) the Executive's continued compliance with the provisions of Sections 5, 6 and 7 and 8 hereof. If the Executive is in breach of any of such Sections, the Company may terminate its obligations under Sections 1 and 2 above. Moreover, the Executive agrees to execute, not revoke and honor a General Release Agreement, similar to Exhibit A, on his Retirement Date.
Conditions of Benefits. The Company shall provide to the Executive the rights, payments and benefits set forth herein as consideration for and contingent upon the Executive's continued compliance with the restrictive covenants set forth in Section 4 of the Consulting and Non-Competition Agreement.
