Common use of Release Effectiveness Clause in Contracts

Release Effectiveness. The receipt of any severance payment or benefits pursuant to section 3(a) will be subject to Executive signing and not revoking the Release and provided that such Release is effective within sixty (60) days following the termination of Executive’s employment. No severance pursuant to such section shall be paid or provided until the Release becomes effective.

Release Effectiveness. The receipt of any severance payment or benefits pursuant to section 3(a) will be subject to Executive signing and not revoking the Release and provided that such Release is effective within sixty (60) days following the termination of Executive’s 's employment. No severance pursuant to such section shall be paid or provided until the Release becomes effective.