Execution and Delivery of Release Sample Clauses

Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Section 3(c) or 3(d) unless the Executive executes and delivers to the Company, within 60 days following the Executive’s Separation from Service, a general waiver and release of claims in a form substantially similar to the form attached hereto as Exhibit A and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or the Executive’s revocation of such release) shall result in the forfeiture of the payments and benefits under Sections 3(c) and 3(d).
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Execution and Delivery of Release. The Company Group shall not be required to make the payments and provide the benefits provided for under Section 4(c) or 4(d) unless, within sixty (60) days following the Executive’s Separation from Service, the Executive executes and delivers to the Company a general waiver and release of claims containing customary terms and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or the Executive’s revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits under Sections 4(c) and 4(d) (excluding any payments or benefits consisting of Other Accrued Compensation and Benefits).
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Execution and Delivery of Release. In the event the Employee fails or refuses to execute and deliver to the Company, within sixty (60) days following termination of the Employee’s employment, a general waiver and release of claims in a form substantially similar to Exhibit C attached to this Agreement (the “Release”) or otherwise revokes the Release during such period, the Employee shall forfeit any unpaid Severance Benefits, and no further Severance Benefits will be paid to the Employee.
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Execution and Delivery of Release. The Company shall not be required to make the payments and furnish the benefits provided for under Section 5(c) or Section 5(d) unless the Employee executes and delivers to the Company within ten (10) days following the Employee’s termination without Cause or Employee terminating for Good Reason, a general waiver and release of claims in a form reasonably satisfactory to the Company and the release has become effective and irrevocable in its entirety. The Employee’s failure or refusal to sign the release (or the revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits under Section 5(c).
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Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Sections 3, 4 or 5 unless the Executive executes and delivers to the Company, within 60 days following the Executive’s Separation Date, a general waiver and release of claims in a form substantially similar to the form attached to the Employment Agreement and the release has become effective and irrevocable in its entirety.
Sample 1
Execution and Delivery of Release. The Company shall not be required to make the payments, other than the Accrued Obligations, and provide the benefits, other than the Other Compensation and Benefits, provided for under Section 4(b) or Section 4(c) (in the event of a Separation from Service as a result of Disability), unless the Executive executes and delivers to the Company, within sixty (60) days following the Executive’s Separation Date, a general waiver and release of claims in a form substantially similar to the form attached hereto as Exhibit A and the release has become effective and irrevocable in its entirety. The Executive’s failure or refusal to sign the release (or his revocation of such release in accordance with applicable laws) shall result in the forfeiture of the payments and benefits (other than the Accrued Obligations and the Other Compensation and Benefits) under Section 4(b) or Section 4(c).
Sample 1
Execution and Delivery of Release. The Company shall not be required to make the payments and provide the benefits provided for under Section 3(c) unless Employee executes and delivers to the Company, within 60 days following Employee’s Separation from Service, a general waiver and release of claims substantially in the form of the Final Separation and Release Agreement of claims attached to the Strategic Advisor Agreement as Schedule B, and the release has become effective and irrevocable in its entirety. Employee’s failure or refusal to sign the release (or Employee’s revocation of such release) shall result in the forfeiture of the payments and benefits under Sections 3(c).
Sample 1
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Execution and Delivery of Release. The Company shall not be required to make the payments and provide the Severance Benefits provided for under Section 4(d), unless the Employee executes and delivers to the Company a separation agreement (including a general waiver and release of claims) in a form and with terms satisfactory to the Company, within forty-five (45) calendar days following the Employee’s receipt of such separation agreement, and the agreement has become effective and irrevocable in its entirety following the expiration of any revocation period provided for within the separation agreement. The Employee’s failure or refusal to sign the separation agreement (or her revocation of such separation agreement in accordance with the terms of the separation agreement) shall result in the Employee not being entitled to the payments and Severance Benefits under Section 4(d). The Company shall not be obligated to commence the payments of the Severance Benefits until the Employee has satisfied the conditions in this paragraph, but once the conditions are satisfied the Company shall commence payments within 10 business days, at which time all delayed payments will be paid or made up and monthly installment payments will be payable thereafter as if the delay had not occurred. The Company shall have the right to voluntarily elect, in its sole discretion, to provide some or all of the Severance Benefits before those conditions are satisfied, or in the absence of those conditions being satisfied, and if the Company does so those payments shall be credited against the Company’s payment obligations, if any, under Section 4(d).
Sample 1

Related to Execution and Delivery of Release

  • Execution and Delivery of Agreement Each of the parties shall be entitled to rely on delivery by fax transmission of an executed copy of this agreement by the other party, and acceptance of such fax copies shall create a valid and binding agreement between the parties.

  • Execution and Delivery of Receipts Upon receipt by any Custodian of any deposit pursuant to Section 2.2 hereunder (and in addition, if the transfer books of the Issuer or the Foreign Registrar, if applicable, are open, the Depositary may in its sole discretion require a proper acknowledgment or other evidence from the Issuer that any Deposited Securities have been recorded upon the books of the Issuer or the Foreign Registrar, if applicable, in the name of the Depositary or its nominee or such Custodian or its nominee), together with the other documents required as above specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.9, and of all taxes and governmental charges and fees payable in connection with such deposit and the transfer of the Deposited Securities.

  • Execution and Delivery of Amendment The Borrower, the Loan Parties, the Administrative Agent, and the Required Lenders shall have executed and delivered this Amendment, and all other documentation necessary for effectiveness of this Amendment shall have been executed and delivered all to the satisfaction of the Borrower, the Required Lenders and the Administrative Agent.

  • Authorization, Execution and Delivery of Agreement This Agreement has been duly authorized and validly executed and delivered by each of the Enterprise Parties.

  • Execution and Delivery of this Agreement This Agreement has been duly authorized, validly executed and delivered by each of the Teekay Parties.

  • Execution and Delivery of Documents Such Purchaser shall have received the following, each to be dated the Date of Closing unless otherwise indicated:

  • Execution and Delivery of Guaranty The execution by each Guarantor of the Indenture (or a supplemental indenture in the form of Exhibit B) evidences the Note Guaranty of such Guarantor, whether or not the person signing as an officer of the Guarantor still holds that office at the time of authentication of any Note. The delivery of any Note by the Trustee after authentication constitutes due delivery of the Note Guaranty set forth in the Indenture on behalf of each Guarantor.

  • Due Execution and Delivery From and after its delivery to the Administrative Agent, each Loan Document and Related Document has been duly executed and delivered to the other parties thereto by each Loan Party party thereto, is the legal, valid and binding obligation of such Loan Party and is enforceable against such Loan Party in accordance with its terms.

  • Authorization, Execution and Delivery of this Agreement This Agreement has been duly authorized, executed and delivered by each of the Partnership Parties.

  • Execution and Delivery The Guaranteeing Subsidiary agrees that the Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Notes.

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