Release Benefits. In consideration of the Employee’s willingness to execute this Agreement, which contains certain provisions releasing the Company and other individuals and entities from Claims by the Employee, as more fully set forth below, and contingent upon the satisfaction of the Conditions Precedent set forth in Section 2 below, the Employee will receive the benefits described on Exhibit A-1 to this Agreement. The Employee acknowledges that the Employee is not otherwise entitled to receive the Release Benefits, that the Employee has been paid all wages owed, and that the Release Benefits are being provided by the Company in exchange for the Employee’s execution and non-revocation of this Agreement.
Appears in 5 contracts
Samples: Executive Retention Agreement (Petrohawk Energy Corp), Consulting Agreement (Petrohawk Energy Corp), Executive Retention Agreement (Petrohawk Energy Corp)
