Common use of Early Termination Provisions Clause in Contracts

Early Termination Provisions. You further understand that this Retention Agreement shall immediately terminate (an “Early Termination without a Retention Benefit”), and Colfax shall be relieved of any obligation to provide the Retention Bonus or the Retention Units (to the extent they have not already been granted) to you or your estate if, except as otherwise provided in this Retention Agreement, any of the following occurs prior to the Payment Date:

Appears in 5 contracts

Samples: Retention Agreement (Colfax CORP), Retention Agreement (Colfax CORP), Retention Agreement (Colfax CORP)

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Early Termination Provisions. You further understand that this Retention Agreement shall immediately terminate (an “Early Termination without a Retention Benefit”), and Colfax or a Successor shall be relieved of any obligation to provide the Retention Bonus or the Retention Units (to the extent they have not already been granted) to you or your estate if, except as otherwise provided in this Retention Agreement, if any of the following occurs prior to the Payment Date:

Appears in 2 contracts

Samples: Retention Agreement (ESAB Corp), Retention Agreement (Colfax CORP)

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Early Termination Provisions. You further understand that this Retention Agreement shall immediately terminate (an “Early Termination without a Retention Benefit”), and Colfax or a Successor shall be relieved of any obligation to provide the Retention Bonus or the Retention Units (to the extent they have not already been granted) to you or your estate if, except as otherwise provided in this Retention Agreement, if any of the following occurs prior to the Payment Date:

Appears in 1 contract

Samples: ESAB Corp

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