Final Separation Agreement Sample Clauses

Final Separation Agreement. If (and only if) Employee's employment is terminated in accordance with the first sentence of Section 1 hereof, Employee will be asked to execute a Final Separation Agreement substantially in the form attached hereto as Exhibit A on the Termination Date; however, the provisions of this Agreement are not contingent upon Employee's execution of the Final Separation Agreement. If (and only if) Employee executes the Final Separation Agreement on the Termination Date and delivers it to Brookdale on the Termination Date in accordance with the second sentence of Section 2 hereof, the vesting of his outstanding restricted shares of Brookdale under the 2005 Agreement and the 2007 Agreement shall be accelerated, their restrictions shall lapse, and they shall be delivered to Employee on the Termination Date (the "Final Separation Payment"). Their vesting and delivery shall not be delayed until the end of the revocation period described in the Final Separation Agreement.
Sample 1
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Final Separation Agreement. A form of Final Separation Agreement is attached hereto as Exhibit A. You will be asked to execute a Final Separation Agreement substantially in the form attached hereto on or after your Last Day of Employment; however, the provisions of this Agreement are not contingent upon your execution of the Final Separation Agreement.
Sample 1

Related to Final Separation Agreement

  • Transition Agreement At Closing, Buyer and Seller shall execute the applicable Transition Agreements.

  • Termination Agreement (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date.

  • Non-Competition Agreement (a) Subject to Sections 5(d) and (f) and Section 12, Employee will not, during the period of his employment by or with the Company, and for a period of two (2) years immediately following the termination of his employment with the Company, for any reason whatsoever, directly or indirectly, for himself or on behalf of or in conjunction with any other person, company, partnership, corporation, business or entity of whatever nature:

  • Separation Agreement The Parties agree that, in the event of a conflict between the terms of this Agreement and the Separation Agreement with respect to the subject matter hereof, the terms of this Agreement shall govern.

  • Indemnification Agreement The Company is authorized to enter into agreements with any of its members or officers extending rights to indemnification and advancement of expenses to such Person to the fullest extent permitted by applicable law, but the failure to enter into any such agreement shall not affect or limit the rights of such Person pursuant to this provision.

  • Noncompetition Agreement In consideration of the compensation paid or payable to Executive by the Company pursuant to this Agreement (including, but not limited to, Section 2 hereof), Executive hereby agrees as follows:

  • Designation Agreement Section 6045(e) of the United States Internal Revenue Code and the regulations promulgated thereunder (herein collectively called the “Reporting Requirements”) require an information return to be made to the United States Internal Revenue Service, and a statement to be furnished to Seller, in connection with the Transaction. Escrow Agent is either (x) the person responsible for closing the Transaction (as described in the Reporting Requirements) or (y) the disbursing title or escrow company that is most significant in terms of gross proceeds disbursed in connection with the Transaction (as described in the Reporting Requirements). Accordingly:

  • Distribution Agreement This Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and binding obligation of the Company. The transactions contemplated by this Agreement have been duly authorized by the Company.

  • Separation Agreement and Release of Claims The Executive’s receipt of any severance payments or benefits upon the Executive’s Qualifying Termination under Section 3 is subject to the Executive signing and not revoking the Company’s then-standard separation agreement and release of claims (which may include an agreement not to disparage any member of the Company Group, non-solicit provisions, an agreement to assist in any litigation matters, and other standard terms and conditions) (the “Release” and that requirement, the “Release Requirement”), which must become effective and irrevocable no later than the sixtieth (60th) day following the Executive’s Qualifying Termination (the “Release Deadline”). If the Release does not become effective and irrevocable by the Release Deadline, the Executive will forfeit any right to severance payments or benefits under Section 3.

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

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